General Motors executives are once again certified members of the jet set. As you may recall, one of the concessions made by automakers in accepting government assistance back in 2009 was a requirement to discontinue the use of private jets in lieu of standard commercial airline flights. The issue first reared its head after the three auto CEOs from Detroit flew in private jets to Washington to outline why the industry needed bailout money. Not so smart.

Now that The General has bought 200 million of its own shares back from the government, the private jet restriction has reportedly been lifted. The Wall Street Journal reports that General Motors has no current plans to buy or lease any private jets of its own. That doesn't mean, however, that execs will still be flying the friendly skies using mainstream commercial air travel all the time; it just means any corporate travel must be booked through a private service instead of in-house... for now.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 105 Comments
      nosirrahg
      • 2 Years Ago
      I really don't care if GM gets corporate jets back or not, I just commend whoever found this photo for use with this story.
      Randolph
      • 2 Years Ago
      I have to say Trans Am for the Transformers new movie...
      Lucky Vanos
      • 2 Years Ago
      GM will be bankrupt by 2016 & on thier knees groveling to the next potus for bailouts.
        darkness
        • 2 Years Ago
        @Lucky Vanos
        How is that possible with BILLIONS in profits every quarter? Keep hoping and whishing
          Luke
          • 2 Years Ago
          @darkness
          Billions in profit every quarter? That's an untrue statement. How about declining market share, an extreme over supply of vehicles, and trouble in Europe? Those are all true statements.
      r.moron
      • 2 Years Ago
      It wil always be Government Motors to me. Our whole government has turned into a scam to make the losers winners. Don't blame Obama for "starting" this stupidity. It was W. that signed off on the no pain bankruptcy for Government Motors..
        Mbukukanyau
        • 2 Years Ago
        @r.moron
        In other words, these are not hamburger companies.
        Mbukukanyau
        • 2 Years Ago
        @r.moron
        I will tell you why you are stupid. Ever heard of Strategic National industries? Ever wondered why President Bush and President Obama both choose to keep GM in American hands and intact? You do not sell Boeing, GE, Microsoft, Apple, Lockeed Martin, Caterpillar, Northrop, Quallcomm, SAIC etc.. They are too important to the National Economic engine. Have you any idea how many patents GM has that would transfer to a foreign owner just on the volt alone? You are insane and need to think things through before you blurt out things...
          Brodz
          • 2 Years Ago
          @Mbukukanyau
          So many nations would kill to have what Americans take for granted. A huge, established, automobile manufacturer.
        darkness
        • 2 Years Ago
        @r.moron
        Glad im on the winning side.
      n939at
      • 2 Years Ago
      Good. Access to corporate jets is a necessity for big companies like GM. Airlines don't always fly to the nearest airports to where executives need to be. Executives' time is valuable. Having to wait through security lines, connections and extra driving takes time away that could be used much more productively. When used properly, corporate jets save companies money.
        Ducman69
        • 2 Years Ago
        @n939at
        Bullshit, executives don't need to travel NEARLY as much as they do. I work for a fortune 500 as IT manager, and our executive board rooms are extravagent. Beautiful oak tables, high definition cameras, a microphone at each seat, wifi/LAN connections available for their laptops, one-click desktop sharing, shared whiteboards on 72" plasma screens, a podium, and more. There is no need to fly their ass around 99% of the time, its done because the execs like to be wined and dined and travel for free and enjoy "work" discussions that happen to occur over half a day long excursions on the golf course.
      Andre Neves
      • 2 Years Ago
      Of course. Just imagine if the money that went into those corporate jets and all the other company perks they get went back into the company to better the quality of the cars or the employees who work so hard to get them where they're at. Just imagine.
      Thipps
      • 2 Years Ago
      It was incredibly stupid to stop them from flying private jets in the first place. These people make tens of millions a year and your paying them to sit and wait. I know it looks bad but in the world of big business there is a reason to fly private.
        waetherman
        • 2 Years Ago
        @Thipps
        Your argument is that they need to fly private jets because they make tens of millions a year? I propose another solution; stop paying them tens of millions a year.
          Thipps
          • 2 Years Ago
          @waetherman
          Yes Luke explained it perfectly. Sorry man but the market dictates what they get paid just like the market dictates what you get paid. Economics 101
          Luke
          • 2 Years Ago
          @waetherman
          I believe the point he's making is that their time sitting, waiting for a commercial flight, would be better spent in other aspects. Hence flying a private jet to reduce that downtime.
      muspod
      • 2 Years Ago
      When they get debt free and the govt makes some $$ on the deal for bailing their crappy company and cars out, then let them have a netjet subscription to help themselves. As soon as they go under again, (which they will) pull it. = simple. I really want to buy an american car. But theirs SUCK. and Ford/linc and Chysler/Dodge doesn't make anything I want.
        • 2 Years Ago
        @muspod
        [blocked]
        apcc538
        • 2 Years Ago
        @muspod
        Love my GM cars.
      Ducman69
      • 2 Years Ago
      As much as I *RIGHTFULLY* bag on the UAW, the GM execs do absolutely nothing but create sympathy in the ranks for unionization when they throw lavish parties, hold all their meetings over lengthly golf outings at country clubs, and fly personal jets instead of just flying business class like everyone else. Thank you Obama Administration for bailing out the UAW and GM Execs with our tax money, I really didn't need it this Christmas for my own family and friends anyway.
        Matt
        • 2 Years Ago
        @Ducman69
        Man, it's really easy to go throwing around accusations like that. You should maybe not comment if you don't have any proof. If you've paid any attention, GM execs have NOT been using private jets for quite some time.
        nassau
        • 2 Years Ago
        @Ducman69
        The parties, etc., seem to describe the present administration
      Smilingoat
      • 2 Years Ago
      Hmmm... maybe part of the reason for these companies not doing so well is the excessive/unnecessary spending by CEO's. Seems if you force them to stop doing it they go back into profitability. (assuming they make competitive products) Seems criminal to me that CEO's (such as the case with hostess) can give themselves 300%+ raises while the company is going under, have huge resort "conventions", and still use transportation like private jets. I say regulate these ********. Its in their best interest to just have the company go under and take as much of the money as they can before it does.
      LMI500
      • 2 Years Ago
      GM is back to their old ways I see. Excessive spending with reckless abandon...sounds like someone else we know. The Government!
        m_2012
        • 2 Years Ago
        @LMI500
        Sadly, they never changed anything. We will just keep throwing money at it until we all fail. I absolutely dont want to see them go bankrupt and lose all that technology to a foreign company. What do you do with a company that no matter how much it makes, it wants and is allowed to spend more?
        Matt
        • 2 Years Ago
        @LMI500
        Except the article stated that they have no plans to buy or lease any private jets. So where's the reckless spending you talk about?
          m_2012
          • 2 Years Ago
          @Matt
          They have no plans today, tomorrow they will just go and do it.
      darkness
      • 2 Years Ago
      Funny how people who literally lost nothing (all of you) bitch about losing money when people like us (employees) lost tens of thousands of dollars and some i know of lost a half million, now like i said shut the f#ck up and buy a flammable Ford.
        That Guy
        • 2 Years Ago
        @darkness
        Speaking of Ford, that disgraceful company took $5.9 BILLION of US taxpayer dollars...and many more billions from other world governments. How come they could still use corporate jets? Frankly, the ROI on the GM money was FAR better than the Ford ROI. With GM, millions of jobs were saved (which is why Big Al was there before congress begging for money too), and with Ford, we get a faulty in-car distraction system that hasn't worked since day one, mediocre vehicles that start on fire for no reason, two recalls for the 2013 Fusion and 4 recalls for the 2013 Escape. Bold Moves indeed.
          Mr.Krinkle
          • 2 Years Ago
          @That Guy
          Because the $5.9 B is a loan paid with interest and Ford didn't take billions of dollars that the US Treasury will never see again....dumba$$. How about you go back to playing The Sims and let those of us that live in the real world not be subjected to your stupidity.
        Sean
        • 2 Years Ago
        @darkness
        Wait, did I miss something? At least Ford didn't have to be bailed out the government. I wish we could have let your piece of **** company [GM] fold. Instead they live on another day to make shitty, boring cars.
          TCBRacing
          • 2 Years Ago
          @Sean
          Ford didn't need a bailout because they were in such worst shape they almost went under before the bank/credit collapse. That allowed them to get a bunch of (risky) secured loans to weather the downturn. By the time GM was in bad shape, the banks had collapsed and they couldn't get those loans. And don't think Ford was not there with their hands out when the government was offering money for re-tooling plants for small cars and to keep their financial arm afloat... http://www.forbes.com/sites/joannmuller/2012/08/29/automakers-report-card-who-still-owes-taxpayers-money-the-answer-might-surprise-you/ http://jalopnik.com/5704575/ford-bmw-toyota-took-secret-government-money?skyline=true&s=i
        Jonathan Ippolito
        • 2 Years Ago
        @darkness
        I have several Fords they've never cought fire but the run like trash and everything is falling off unlike my GM cars one of which has over 190,000 miles on it and runs and looks like new . I service my cars for the slightest little thing and my Fords still are a joke !
          darkness
          • 2 Years Ago
          @Jonathan Ippolito
          I have a 2012 Focus for a rental and the brakes are straight up dangerous and it rides like pure crap.
          Mr.Krinkle
          • 2 Years Ago
          @Jonathan Ippolito
          @Darkness - Thank you for that completely subjective, biased and unfounded bit of information. You should run for public office.
        Big Squid
        • 2 Years Ago
        @darkness
        I did, thanks.
    • Load More Comments