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High Flyin' Vonage

4:30 PM – Welcome to Vonage Air…

From the filings pile, a note about why you'll never see a Vonage executive riding coach:

Certain of our employees have traveled for business on aircraft owned by New World Aviation, Inc., a corporation wholly owned by Mr. [Jeffrey] Citron [Vonage's CEO] and his wife. In 2004 and for the first nine months of 2005, we paid New World Aviation $0.2 million and $0.1 million, respectively, for travel by our employees, including Mr. Citron. Mr. Citron's employment agreement provides that, with respect to reasonable business-related airline expenses, Mr. Citron will be eligible for air travel reimbursement based on the cost of a first-class ticket on a commercial airline to and from the applicable business destinations and that any additional business-related airline expenses incurred, directly or indirectly, by Mr. Citron with respect to other employees shall be paid in accordance with our travel policy.

I'm jealous. All we have here at Light Reading is a humble H3 -- and even that's a rental.

— Phil Harvey, Transportation Editor, Light Reading

Lite Rock 12/5/2012 | 4:06:53 AM
re: High Flyin' Vonage Looks like there is a bunch of High Flyin going around these days.

Scott has it going on. Alice was only 10 feet tall.

Worm Hole Entrance
http://www.lightreading.com/bo...

falsecut 12/5/2012 | 4:06:31 AM
re: High Flyin' Vonage Well, at least the expenses that he is charging aren't as outrageoues as they might be. I've seen worse flight expenses from other companies.
DCITDave 12/5/2012 | 4:06:28 AM
re: High Flyin' Vonage re: "Well, at least the expenses that he is charging aren't as outrageoues as they might be. I've seen worse flight expenses from other companies."

Do tell. What are some of the worst you've seen?

ph
eyesright 12/5/2012 | 4:06:24 AM
re: High Flyin' Vonage At least he wasn't like the executive that got exposed for his, ummm, adult entertainment expense issues with his corporate credit card.

Now that was a classic.
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