KU Buys Multi-Million Dollar Jet
Associated Press - January 19, 2015 8:55 am
The University of Kansas has a new high-flying perk for some of its officials.
The university is using a new airplane purchased by a gift from the Kansas Endowment.
University spokeswoman Errin Barcomb-Peterson says the seven-passenger Cessna Citation CJ4 was delivered Dec. 23 and has already been used on some trips.
The exact purchase price was not disclosed but the KU Endowment agreed to provide a grant not to exceed $8.1 million for the plane.
It’s the university’s second business jet. The planes are used for the University of Kansas Medical Center’s medical outreach program for rural Kansas, administrators’ travel and athletic recruiting trips.
Associated Press information from: Lawrence Journal-World