Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Grounded: GM cancels all corporate jet service]]>http://www.autoblog.com/2008/12/02/grounded-gm-cancels-all-corporate-jet-service/http://www.autoblog.com/2008/12/02/grounded-gm-cancels-all-corporate-jet-service/http://www.autoblog.com/2008/12/02/grounded-gm-cancels-all-corporate-jet-service/#commentsFiled under: ,



General Motors has an early New Years Resolution: to be more fiscally responsible when it comes to corporate travel. With six short, direct sentences (see official press release after the jump), GM has declared that its Corporate Aviation Operations are to be shuttered. It might not seem like a big deal on the surface, but there are apparently numerous contractual agreements that need to be reworked to make this a reality. First, the jets themselves need to be returned, sold or transferred to another operator. Next, after January 1st when The General pulls out, the leased facility and grounds at Detroit Metro Airport will be emptied and GM will work with airport officials to find another tenant.

Although GM suggests that the termination of its Aviation Operations is because its travel volume no longer requires its own dedicated corporate service, we're pretty sure that the ribbing Wagoner and his peers took at the hands of Congress over private jet flight had plenty to do with the decision. Expect the announcement to be part of GM's Congress-bound business plan when it's officially announced this week.

[Source: GM]

Continue reading Grounded: GM cancels all corporate jet service

Grounded: GM cancels all corporate jet service originally appeared on Autoblog on Tue, 02 Dec 2008 14:29:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>corporate aviation operationsCorporateAviationOperationsgmgm aviation operationsgm corporate jetsgm private jetgm private jetsGmAviationOperationsGmCorporateJetsGmPrivateJetGmPrivateJetsprivate jetprivate jet travelprivate jetsPrivateJetPrivateJetsPrivateJetTravelTue, 02 Dec 2008 14:29:00 EST<![CDATA[GM jets: No tracking for you!]]>http://www.autoblog.com/2008/11/30/gm-jets-no-tracking-for-you/http://www.autoblog.com/2008/11/30/gm-jets-no-tracking-for-you/http://www.autoblog.com/2008/11/30/gm-jets-no-tracking-for-you/#commentsFiled under: ,

GM has seven planes (four of them are for sale), and one of them was recently and infamously used for a brief sojourn to Washington for head honcho Rick Wagoner. When the public found out about it, well, let's just say the polling numbers weren't exactly favorable. For reasons that might or might not be related to that episode, GM has asked the FAA to block its planes from being able to be tracked on sites like FlightAware.com. This is something that private plane owners -- a group of folks who don't usually seek the limelight -- are known to do. And GM has every right to do it and not be judged for it, since it's possible that GM feels the flight thing can turn into and undo distraction. But we can still raise an eyebrow at the timing... Thanks for the tip, Big Spender!

[Source: Bloomberg]

GM jets: No tracking for you! originally appeared on Autoblog on Sun, 30 Nov 2008 19:16:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bailoutbailout billbailout planBailoutBillBailoutPlanetcgmgm bailoutgm corporate jetsGmBailoutGmCorporateJetsSun, 30 Nov 2008 19:16:00 EST<![CDATA[General Motors getting rid of two corporate jets]]>http://www.autoblog.com/2008/11/21/general-motors-getting-rid-of-two-corporate-jets/http://www.autoblog.com/2008/11/21/general-motors-getting-rid-of-two-corporate-jets/http://www.autoblog.com/2008/11/21/general-motors-getting-rid-of-two-corporate-jets/#commentsFiled under: , ,



Much ado was made about the Big 3 CEOs choice of travel to Washington D.C. this week. Each one flew to our nation's capital in separate private jets, a fact that was mentioned by many politicians during two days of testimony before Congress. While it's this blogger's personal opinion that politicians took the opportunity to grandstand a bit too far on this point, nevertheless, it was a boneheaded move by the Big 3 that they should've seen coming. We've learned today that fewer employees will get to fly the friendly skies in one of General Motors' corporate jets, as the automaker has announced it will be ridding itself of two. That will cut down the current corporate fleet of leased jets from five to three, and an additional two were gotten rid of last September. In addition to dumping the G5s, GM is also cutting half its air travel staff and restricting all forms of employee travel to slow the rate of cash its burning through each month, which in the third quarter reached $6.9 billion/month. Thanks for the tip, Aaron!

[Source: CNNMoney.com, Photo by Chip Somodevilla/Getty]

General Motors getting rid of two corporate jets originally appeared on Autoblog on Fri, 21 Nov 2008 16:58:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ceo jetsCeoJetsgm corporate jetsgm jetsGmCorporateJetsGmJetsrick wagoner jetRickWagonerJetFri, 21 Nov 2008 16:58:00 EST