Bankrupt luxury retailer Saks plans to ditch its corporate jet

Saks Global's bankruptcy filing shows how much the retail giant owes to some of the biggest luxury brands. Scott Olson/Getty Images Saks Global filed for bankruptcy protection earlier this year. Now the luxury retailer is looking to sell off its corporate jet for $6 million. The sale, which requires court approval, would boost Saks' liquidity, the retailer said in a filing. Bankrupt luxury retailer Saks Global is looking to shed a high-end executive perk — its sole corporate jet. In a recen...