Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Japan News/Yomiuri
The Japan News/Yomiuri
National
The Yomiuri Shimbun

Nissan sells Ghosn's jet

Nissan Motor Co. has sold a business jet that former Chairman Carlos Ghosn virtually monopolized for his own use, sources have said.

The top-of-the-line jetliner was manufactured by Gulfstream Aerospace Corp. of the United States, and was registered under the identification number "N155AN," which can be read as "NISSAN." It came into the spotlight when Ghosn was arrested soon after he arrived at Haneda Airport on this plane in November 2018.

According to the sources, the jet can be equipped with up to 20 seats, as well as beds and sofas. A new plane of this model is said to cost more than 7 billion yen.

Nissan had registered the plane in the United States and owned it there since 2016 through an affiliate. The jet is well known in aviation circles as "the Nissan aircraft owned by Ghosn."

According to a report Nissan submitted to the Tokyo Stock Exchange in January, Ghosn utilized this plane and other Nissan property "for the personal use of himself or his family." Nissan was forced to shoulder 4.4 million dollars (470 million yen) for fuel and other expenses.

Nissan changed the jet's identification number and registered it under the name of an American company. In January this year, however, Nissan decided to get rid of this symbol of Ghosn mixing business with pleasure. A Nissan executive official was quoted as saying it was "not appropriate to waste money amid our poor performance."

Read more from The Japan News at https://japannews.yomiuri.co.jp/

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.