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0Report: Stock buyback gives GM execs permission to use corporate jets again 1356046080
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 ...
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Report: Ford CEO Alan Mulally called out as a tax dodger [w/poll] 1334359680
Remember Jetgate? Back in the pre-bankruptcy days of late 2008, when the Big Three CEO's were traveling to Washington to plead their case for funds, Ford's Alan Mulally, General Motors' then-CEO Rick Wagoner, and Chrysler's former chief Bob Nardelli were publicly chastised for flying in corporate ...
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The key to NASCAR competitiveness is... an airplane? 1272628860
Here's a story you might expect more from Formula 1 than NASCAR: team owners say that you simply can't be competitive in the sport if you don't have a plane to shuttle your crew around. Rick Hendrick, for instance, has three 50-seat regional jets, Joe Gibbs has another three, and Jack Roush has ...
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BMW teams up with Embraer to trim out corporate jets 1271764680
Embraer Phenom cockpit by BMW – Click above for high-res image galleryBrazilian aircraft manufacturer Embraer has called upon BMW DesignworksUSA to outfit some of the cabins in its luxury executive jets. The two companies have hopped into bed together in order to learn a thing or two from ... -
Flying the Not-So-Friendly Skies: Chrysler asks court to cancel corporate jet leases 1242314820
Late last year, Rick Wagoner, Bob Nardelli and Alan Mulally each climbed aboard their own company-provided private jets in lieu of commercial flight – or, alternatively, one of their company's own vehicles – to go before Congress and ask for a bailout. In the public eye, at least, that ...
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Detroit 3 JetGate fallout puts hurt on private jet industry 1234906020
Many insiders in the general aviation industry are pondering whether the fateful trip of three CEOs from Detroit to Washington late last year will sound the death knell for private jet travel. Jim Schuster, chief executive of Hawker Beechcraft, says in regards to that trip, "I sat back in my chair ...
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Grounded: GM cancels all corporate jet service 1228246140
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 ...
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Detroit supplier organizing March of Green Vehicles to Washington 1227707880
Bad idea: Detroit 3 CEOs showing up for a Congressional hearing to beg for money in private jets. Good idea: said CEOs showing up at Congress' curb in their respective company's greenest vehicles. Just such a caravan has been proposed by Tim Leuliette, CEO of supplier Dura Automotive Systems Inc., ...

