Google subsidiary to run nearby federal airfield

Feb 11, 2014

A Google subsidiary has been picked to run and renovate a federal airfield that is frequently used for the personal flights of the company's top executives.

The decision announced Monday clears the way for Google's Planetary Ventures LLC to take over management of Moffett Federal Airfield from NASA's Ames Research Center. The airfield is near the Internet company's Mountain View, Calif., headquarters.

Financial terms still must be worked out.

As part of the deal, Google Inc. must renovate the airfield's three hangars, including one that is a local landmark. Google also will upgrade a golf course next to the airfield.

A fleet of aircraft owned by Google executives Larry Page, Sergey Brin and Eric Schmidt has been flying out of Moffett for years.

Explore further: Mexico City proposes regulations for Uber

Related Stories

NASA audit finds Google execs saved on jet fuel

Dec 12, 2013

An aircraft fleet owned by Google's founders and former CEO received improper discounts on jet fuel that saved the three billionaires up to $5.3 million dating back to depths of the Great Recession in 2009, according to a ...

Google awards $106M in stock, cash to Schmidt

Feb 04, 2014

Google says it is awarding its $100 million worth of equity to Eric Schmidt, plus a $6 million cash bonus in recognition of the executive chairman's contributions to the company's performance in 2013.

Google pays CEO a buck, four other execs get $124M

Apr 25, 2013

Google CEO Larry Page and his longtime partner Sergey Brin limited their salaries to $1 apiece last year, while four other top executives received combined compensation packages totaling more than $124 million.

Recommended for you

Mexico City proposes regulations for Uber

Jul 04, 2015

Mexico City is proposing regulations that would allow Uber and other smartphone-based ride-sharing apps to operate, while requiring drivers and cars to be registered, the city's Office of Legal and Legislative Studies said ...

Shyp reclassifies contract couriers as employees

Jul 03, 2015

Shyp, the quickly growing startup that provides on-demand courier services, said Wednesday it would reclassify its contract workers as employees, becoming the latest high-profile tech company to change how it compensates ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.