GM top Exec. don't want to give up anything?
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From: Shelton, WA
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From: Panhandle of West Virginia
My cousin is the CEO of a company and has his own jet. I can really see him being late for a meeting because the airlines screwed something up or him getting bumped for being overbooked. It is standard practice for a lot of companies.
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From: Hemet, CA
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From: Tuscaloosa
Airport security for 2 hours? You guys are crazy. I've flown out of Atlanta twice this year and both times it took me less than 10 minutes to get through security. The largest portion of my time spent there was checking my baggage and then riding the tram to my gate. If I had of prechecked my baggage online I could have shaved another 10-20 minutes off my time.
CEO's could have assistants that handle all their baggage checks so basically all the CEO has to do is go through security.
CEO's could have assistants that handle all their baggage checks so basically all the CEO has to do is go through security.
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From: Shelton, WA
Since your argument is pretty much just a rant, I'll just say that the jet was paid for by GM. The pilot is on staff, getting paid to fly or stay home. The "profit" from selling the jet would be a rounding error on the balance sheet, and in no way change anything about GM's financial situation. Finally, people that run multibillion dollar corporations don't fly commercial, that's not an extravagance, it's a business necessity. They don't sleep or watch the in flight movie on these flights, they are constantly working, and a commercial jet would not allow that sort of "office on the go" environment. The only CEO's at this level that I can think of that fly commercially are CEO's of the major airlines, and all they do is kick out the first class cabin on whatever flight they want to be on, whether it's business OR pleasure.
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From: Shelton, WA
My cousin is the CEO of a company and has his own jet. I can really see him being late for a meeting because the airlines screwed something up or him getting bumped for being overbooked. It is standard practice for a lot of companies that are making a profit and can afford to pay for it.
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Headline: "Auto industry big-wigs want $25B loan, but it's not important enough to ask for in person...they phoned in instead!"
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What airport? I flew out of Atlanta, Seattle, and Portland (Maine not Oregon), and didn't stand in security for more than 10 minutes at any of them. All of them had multiple checkpoints you could go through. I also (stupidly) left the "clean" area of Dallas airport while I had a layover and had to recheck myself through security. Still didn't take long at all. All you gotta do is toss your shoes and bag up on a conveyor belt then walk through the metal detector.
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From: Alton IL
That is what he is owed:
http://www.autoblog.com/2008/02/29/b...ck-from-board/
Ford Chairman Bill Ford hasn't been compensated for working at his great grandfather's company since May 2005, and he doesn't intend to cash in until the Blue Oval makes a sustained profit. Ford's board of directors decided that nearly three years was too long to work pro bono and tried to pay the Ford family scion, but the chairman again refused to reneg on his pay-free pledge
http://www.autoblog.com/2008/02/29/b...ck-from-board/
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Al Bundy's next door neighbor.
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Airport security for 2 hours? You guys are crazy. I've flown out of Atlanta twice this year and both times it took me less than 10 minutes to get through security. The largest portion of my time spent there was checking my baggage and then riding the tram to my gate. If I had of prechecked my baggage online I could have shaved another 10-20 minutes off my time.
CEO's could have assistants that handle all their baggage checks so basically all the CEO has to do is go through security.
CEO's could have assistants that handle all their baggage checks so basically all the CEO has to do is go through security.
I also doubt these guys knew exactly when they would beleaving until shortly before they did. You ever priced out a last minute ticket? Now try getting 10-15 of them, at the right time, without getting delayed, lugggage lost, or standed at a third airport. If you can do that for less than 20K and prove none of those problems will arise you may have a case to make against them using their jet. Also, don't forget to take into account that they have to pay for that jet even if they don't use it, so that cost needs to be added to the commercial route also.
Out of the last 6 plane trips I've been on, only 1 got me to the right city on the right day, and that one was still 4 hours late. If I had a meeting as important as theirs there is no way I'd trust the airline industry.
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From: Cleveland, OH
i don't think the private jet thing is really worth all the attention. I see the point that people and the media are trying to make but i think it's irrelevant to the situation at hand.
Are executives compensated in the corporate world ? yes, and they make alot of money, plus perks, etc.
Thats ok. Thats the corporate world.
If any criticism is due to the Big three CEOs and board members is it should be based on the business. Everyone either failed or was powerless to act fast enough.
You can't predict economic recessions but your business should be able to survive one. Especially an industry of this size.
Are executives compensated in the corporate world ? yes, and they make alot of money, plus perks, etc.
Thats ok. Thats the corporate world.
If any criticism is due to the Big three CEOs and board members is it should be based on the business. Everyone either failed or was powerless to act fast enough.
You can't predict economic recessions but your business should be able to survive one. Especially an industry of this size.