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Stock buyback gives GM execs permission to use corporate jets again

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

GM using private planes again for IPO roadshow

It wasn't too long ago that General Motors was fending off a heap of public ire over the company's use of private planes. Now it looks like The General is back to eschewing commercial flight in favor of taking to the wild-blue yonder in chartered craft. According to The Detroit News, GM has been sending executives to Europe, Canada and various locations within the U.S. in order to promote the company's stock for an upcoming

BMW teams up with Embraer to trim out corporate jets

Embraer Phenom cockpit by BMW – Click above for high-res image gallery

Flying the Not-So-Friendly Skies: Chrysler asks court to cancel corporate jet leases

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 move was – to put it mildly – a mistake.

Detroit 3 JetGate fallout puts hurt on private jet industry

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 and put my hands over my eyes and said, 'Oh, why did they do that? It was terrible, terrible jud

Grounded: GM cancels all corporate jet service

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

Detroit supplier organizing March of Green Vehicles to Washington

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., and it's gaining steam. The idea is to highlight how integral the Detroit automakers are to the

Are private jets the real problem with Detroit?

A great deal of fuss has been made over the last week or so about the travel arrangements of the leaders of the Detroit 3 automakers. By now, you're surely aware that Rick Wagoner of General Motors, Alan Mulally at Ford and Bob Nardelli at Chrysler traveled to our nation's capital to discuss Federal loans for their prospective companies in private jets. Yeah, not the smartest way to travel wh