GM CEO To Continue Flying Private, Company Will Downsize Jet Fleet

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First Posted: 11-21-08 01:23 PM   |   Updated: 12-22-08 05:12 AM

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From ABC News:

General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enough. The top three executives at GM, however, will continue to use the private luxurious jets for all of their business and personal travel, despite a flurry of criticism over the perk following an ABC News report this week.

An ABC News investigation revealed that the top three automakers have together spent several hundred million dollars to buy, maintain, and operate a fleet of top-of-the-line private jets for their top executives.

From ABC News: General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enough. The top three executives at GM, however, will c...
From ABC News: General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enough. The top three executives at GM, however, will c...
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- MizLiz I'm a Fan of MizLiz 60 fans permalink
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These greedy pigs don't deserve our money. They'll just spend it on themselves one way or another.

    Favorite    Flag as abusive Posted 01:48 PM on 11/21/2008
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Well, if they can afford to maintain and operate three "top-of-the-line" jets for the sole purpose of flying their multimillionaire CEOs around, then they can go into bankruptcy. Pigs.

    Favorite    Flag as abusive Posted 01:47 PM on 11/21/2008
- nwfurn I'm a Fan of nwfurn 21 fans permalink

Yes, they are so entitled to the luxury while their companies go down in flames. Go to your cohorts at Exxon and get your bleeping loan. No bailouts or loans from taxpayers until you decide it's important enough to save your own companies. GO AWAY!

    Favorite    Flag as abusive Posted 01:46 PM on 11/21/2008
- nunzia I'm a Fan of nunzia 31 fans permalink

If they are thinking about giving our money to those overpaid self-indulgent slackers, then there should be conditions. Conditions like: fire those s.o.bs, WITHOUT golden parachutes. Replace them with execs who will sign contracts - contracts between the new execs and the taxpayers.

    Favorite    Flag as abusive Posted 01:45 PM on 11/21/2008
- RJII I'm a Fan of RJII 77 fans permalink
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NOT ONE RED CENT until all the jets are sold or donated

    Favorite    Flag as abusive Posted 01:45 PM on 11/21/2008

How about they sell all 5 and take commercial flights?
Whats the big rush?

    Favorite    Flag as abusive Posted 01:45 PM on 11/21/2008

Its all just for show. Like on jet is going to make a difference.

    Favorite    Flag as abusive Posted 01:42 PM on 11/21/2008

They must still be using the PR Execs they had in place for the introduction of the Edsel and Pinto.

    Favorite    Flag as abusive Posted 01:42 PM on 11/21/2008

They just don't get it.

    Favorite    Flag as abusive Posted 01:42 PM on 11/21/2008
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