Mountain View (CA) – With Google’s stock price soaring - the company’s market cap touched $199 billion during today’s trading session - Google gets financial opportunities most Silicon Valley companies don’t have: Such as a second Boeing 757 jet next to three other jets that are already parked at NASA’s Moffett Field close to the firm’s headquarters.

According to an article published by the New York Times today, Larry Page and Sergey Brin picked up the Boeing 757, a jet that is normally use by airlines for coast-to-coast flights, as an addition to their fleet. Page and Brin reportedly already own a Boeing 767-200 as well as two Gulfstream V jets. The new 757 apparently is expected to make flights out of Moffett Field, which is typically closed to private planes, beginning in November.

According to previously published reports, Page and Brin are operating the planes via a company called H211, LLC and are paying $1.3 million annually for the rights to park and operate their planes from Moffett Field. The size of the planes and their use as private jets as well as the privilege to use Moffett Field is rather unusual in Silicon Valley; however, other companies such as Intel are chartering larger jets as “shuttles” to enable their employees to travel between different corporate locations.

Matt Furman, a Google spokesman told the New York Times that the company does not own any passenger aircraft and does not have a relationship with H211. He also noted that “the Google founders, Larry Page and Sergey Brin, and its chief executive, Eric Schmidt, would not comment about the planes.”

Only $1.3?

Oct 11, 2007 18:16     

Only $1.3 to park? I guess it is $1.3 million? [You are right. Thanks for the note. -ed]
Jericho report abuse vote down vote up Votes: +0

That'll show em...

Oct 12, 2007 03:18     

I wonder if they paid up front or if they went through a leasing company. Such transactions rarely involve money up front but, hey, if they can front the cash, they can rub it in yahoo and everyone else's face. I would personally; hell, I'd even put a trap door in the cargo bay so I could drop leaflets out over cities. "Fuck you guys, we're going to fly 150 people out to Japan for fun. Smell ya later"

GROG report abuse vote down vote up Votes: +0

Wasted money

Oct 12, 2007 10:10     

They should have invested the $65,000,000 to $80,000,000 in something, oh lets say, making the company more energy efficient. What a waste.
Sir. Poopy Pants report abuse vote down vote up Votes: +0

Lol.... Google PWNS

Oct 14, 2007 18:49     

LOL, watch out bill gates.... Google's PWNING!
R report abuse vote down vote up Votes: +0