Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

$1.3m a year for parking perk

Sep 13 2007 19:34

Related Articles

CEOs outshine movie stars

 

Top Stories

Xstrata shuts furnaces to aid Eskom

Feb 13 2012 12:15

Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.

SA economy adds 80 000 jobs in January

Feb 13 2012 10:43

Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.

Greece at last approves austerity measures

Feb 13 2012 07:58

Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.

 
Share Share line Print
San Francisco - Google Inc co-founders Larry Page and Sergey Brin are reportedly paying $1.3m a year so their Boeing 767 plane can take off, land and park at a Nasa-managed airport located just a few minutes away from the internet search leader's Silicon Valley headquarters.

The deal became effective Aug 1, but Nasa's Ames Research Center did not announce the agreement until this week following reports that the large jet had been spotted at Moffett Federal Airfield located near Google's hometown of Mountain View, California. The news raised concerns about noise problems in cities neighboring the former naval air station.

Moffett Field is normally off limits to private aircraft, but the space agency made an exception for Page and Brin in exchange for the right to carry scientists and their equipment on planes used by the two billionaires.

Nasa already has taken advantage of the agreement to study the Aurigid meteor shower, according to the San Francisco Chronicle, which reported the unusual arrangement between Nasa and the Google co-founders Wednesday.

Page and Brin, both 34, are each worth nearly $17bn according to Forbes magazine's most recent rankings of the world's wealthiest people.

The men generally are not ostentatious, but they indulged themselves by buying a Boeing 767-200 - an airplane that typically carries 180 passengers and is three times larger than most executive jets.

Remodeling the plane to add extra amenities left it with a capacity for about 50 passengers, according to previously published interviews with Page.

Google first publicly expressed an interest in Moffett Field two years ago when it announced plans to build up to 1 million square feet of office space at the Ames Research Centre and collaborate with Nasa on various research projects.

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

NicolaaSmith

What would happen if Greece leaves the European Monetary Union What would happen if Greece leaves the European Monetary Union The Euro would become a foreign currency like the US Dollar in Greece. Very little would actually change. It would be illegal for the Greek monetary authority to overprint a... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...