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Detroit, 9:47 PM
Sat Dec 5
8 posts in the last 24 hours

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  • posts about #privatejets more →

    Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally

    When Politics Trumps Business: The Case For Carmaker Corporate Jets

    GM To Get Rid Of Their Planes

    Running on Irony: Prius-Driving Celebs Can Be Real Environmental Douchebags
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    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of Dr. H. F. Danger Dr. H. F. Danger
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally


    I think I found a loophole
     Reply
    Dr. H. F. Danger was starred Dr. H. F. Danger was unstarred
    Image of engineerd engineerd
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    Oh, and after Chrysler was forced to get rid of their jets last time, Lee Iacocca bought Gulfstream as a slap in Congress' face.
     Reply
    engineerd was starred engineerd was unstarred
    Image of engineerd engineerd
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    As a shareholder in Chrysler (we all are, remember?) I have no problem with execs flying on private jets. For one thing, they make a shit ton of money. When you break down their compensation by hour forcing them onto commercial flights doesn't make sense financially. For another thing, they can work on a private jet. They can't really work on a commercial flight because it's not a secure environment. Peering eyes could catch a glimpse of company confidential information. There are also security issues, which are greater now with the anti-exec sentiment in the country.


    I'm all about them flying on private jets when on company business.

     Reply
    engineerd was starred engineerd was unstarred
    Image of acarr260 acarr260
    05/13/09

    @engineerd: I have to agree with you on this. When CTR owned the company I supposedly work for, we had 5 jets and it made things way more efficient for our execs, depending on where you were traveling.


    Also, private jets are like thrill rides. I was shocked the first time we took off because they are only interested in getting to cruising altitude as fast as possible because the thin air makes for much better mpg (so to speak). It felt like I was on the space shuttle.

     Reply
    acarr260 was starred acarr260 was unstarred
    Image of GreenN_Gold GreenN_Gold
    05/13/09

    @engineerd: "When you break down their compensation by hour forcing them onto commercial flights doesn't make sense financially."


    I have a simple solution. Pay them less. :)

     Reply
    GreenN_Gold was starred GreenN_Gold was unstarred
    Image of engineerd engineerd
    05/13/09

    @GreenN_Gold: Not that simple. If you force them to pay people less (like the Obama administration is doing), the high quality execs will go to companies not over-regulated by Uncle Sam or, worse, oversees. All you will be left with are the crappy execs just happy to have a job.


    I agree that executive compensation in this country is problematic, but not because of the numbers. My problem is shareholders have allowed companies to decouple pay from performance. If a CEO leads a company to record profits he deserves to be paid well.

     Reply
    engineerd was starred engineerd was unstarred
    Image of jodark jodark
    05/13/09

    @GreenN_Gold: They should be paid equivilent to what their work is work. Limiting executive pay is the stupidest idea in the world. It provides no incentive to put in the extra time, make products that work and make your company more profitable. Wrong answer. Soviet Russia is calling your name, there everyone gets paid the same. Except for the central planners, they got whatever they wanted. Just because you jealous of their resources doesn't give you the right to attempt to limit or take them.
     Reply
    jodark was starred jodark was unstarred
    Image of engineerd engineerd
    05/13/09

    @jodark: We need to be able to click the heart more than once.
     Reply
    engineerd was starred engineerd was unstarred
    Image of Mobius Mobius
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    Maybe they will try to make good Sebrings (that was soooo hard to even try to say) now that they have to drive them.
     Reply
    Mobius was starred Mobius was unstarred
    Image of acarr260 acarr260
    05/13/09

    @Mobius_1: Firefox crashes every time that I try to type good next to that model name. weird.
     Reply
    acarr260 was starred acarr260 was unstarred
    Image of Mobius Mobius
    05/13/09

    @acarr260: You need a special "SaveChrysler" Firefox plugin for that. It was a $1 billion project by the NSA in their free time now that terrorists are too poor to blow s**t up.
     Reply
    Mobius was starred Mobius was unstarred
    Image of 413wedge 413wedge
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    Their new corporate ride...
     Reply
    413wedge was starred 413wedge was unstarred
    Image of engineerd engineerd
    05/13/09

    @Ol'DocBigBlock: OK, if they do that I don't feel so bad about my tax dollars going to support them. Sure, it's still unAmerican, but that is just badass.
     Reply
    engineerd was starred engineerd was unstarred
    Image of Leeeeena the Jalopchick Leeeeena the Jalopchick
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    Travel in a Sebring? That's the true sign that your fat cat life is over. They should just kill themselves now.
     Reply
    Leeeeena the Jalopchick was starred Leeeeena the Jalopchick was unstarred
    Image of .357 .357
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    Instead, they will just ride magic carpets everywhere.
     Reply
    .357 was starred .357 was unstarred
    Image of Flathead Smith Flathead Smith
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    I heard they forced Bob Nardelli out of the plane mid-flight. I hope his golden parachute worked, but with Chryslers build quality it will be interesting to know how hard he will hit the ground.


    *kind of a repeat of the other day.

     Reply
    Flathead Smith was starred Flathead Smith was unstarred
    Image of Skunky Skunky
    05/13/09

    @Flathead Smith: C'mon Parky!
     Reply
    Skunky was starred Skunky was unstarred
    Image of Skunky Skunky
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    First bacon, then eggs and tarts, and now...uh...WINGS! Yeah, wings! Gimme some buffalo sauce...ooogh....just a few more minutes....
     Reply
    Skunky was starred Skunky was unstarred
    Image of Leeeeena the Jalopchick Leeeeena the Jalopchick
    05/13/09

    @Skunky: You and your empty stomach are wildly entertaining. This is one of the few times I'm glad to be on the East Coast.
     Reply
    Leeeeena the Jalopchick was starred Leeeeena the Jalopchick was unstarred
    Image of acarr260 acarr260
    05/13/09

    @Skunky: I'll be having some great wings tonight shooting pool... in about 2 hours. Of course, that's my dinner time.


    You've earned a heart click for your starving comments today.

     Reply
    acarr260 was starred acarr260 was unstarred
    Image of Skunky Skunky
    05/13/09

    @Ln th Jlpchck: @acarr260: Hehe, thanks guys and on that note, I'm gettin' some food!
     Reply
    Skunky was starred Skunky was unstarred
    Image of jark jark
    05/13/09

    In reply to Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
    Yesterday I saw a woman driving a Sebring Convertible and it wasn't a rental.

    /Truestory
     Reply
    jark was starred jark was unstarred
    Image of Leeeeena the Jalopchick Leeeeena the Jalopchick
    05/13/09

    @jark: Was she wearing a facemask to keep her identity hidden?
     Reply
    Leeeeena the Jalopchick was starred Leeeeena the Jalopchick was unstarred
    Image of Ash78, cube farmer Ash78, cube farmer
    05/13/09

    @jark: If you ever have the chance to visit South Florida, Sebring convertibles make up about 25% of all vehicles on the road there. It's quite a sight to behold.
     Reply
    Ash78, cube farmer was starred Ash78, cube farmer was unstarred
    Image of Mobius Mobius
    05/13/09

    @jark: She runs the rental company. There is simply no other explanation.
     Reply
    Mobius was starred Mobius was unstarred
    Image of OldeEnglishD OldeEnglishD
    05/13/09

    @jark: Oh the HORROR!
     Reply
    OldeEnglishD was starred OldeEnglishD was unstarred
    Image of dwegmull comments for the purpose of obscurity dwegmull comments for the purpose of obscurity
    05/13/09

    @jark: No movie means it did not happen.
     Reply
    dwegmull comments for the purpose of obscurity was starred dwegmull comments for the purpose of obscurity was unstarred
    Image of something_unique_and_descriptive something_unique_and_descriptive
    05/13/09

    @Leeeeena the Jalopchick: "Black Ski Mask screamin' down I-5"


    10 points to anyone who knows where that came from.

     Reply
    something_unique_and_descriptive was starred something_unique_and_descriptive was unstarred
    Image of POLAЯ ON PЯOBATION POLAЯ ON PЯOBATION
    12/19/08

    In reply to When Politics Trumps Business: The Case For Carmaker Corporate Jets
    I was just over at jetlopnik.com, and now the corporate jet makers

    are looking to the U.S. Government for their own Rescue Package!
     Reply
    POLAЯ ON PЯOBATION was starred POLAЯ ON PЯOBATION was unstarred
    Image of danio3834 danio3834
    12/19/08

    In reply to When Politics Trumps Business: The Case For Carmaker Corporate Jets
    Global business demands a private aircraft at the ready for exactly the scenarios mentioned above.


    Time is money and sometimes it is no object. Most people will never know what this truly means.


    What they'll be doing now is chartering private jets instead of leasing or owning them. This is good news for my father who owns and operates a private jet charter company out of Windsor. They operate a Cessna Citation X, which is currently the fastest passenger plane out there. That really matters.


    Come to think of it, several automakers have hired him in the past.


    Business goes on, Jealous Joe Blow is appeased that the Gubment stuck it to them evil CEOs.

     Reply
    danio3834 was starred danio3834 was unstarred
    Image of Mad_Science Mad_Science
    12/19/08

    In reply to When Politics Trumps Business: The Case For Carmaker Corporate Jets
    This is a tricky one.


    Ben's scenario justifies the use a charter jet or having a corporate jet (or jet timeshare). Also, the whole CEO salary/hour makes sense as well.


    Provided they need to be flying to begin with.


    What this doesn't justify is Mullaly flying home every weekend or trips to football games (not that I know that happens...but waste creeps in).


    Not to mention one needn't have a super-opulent interior and five-star dining on board every jet.


    I will agree that this is more about posturing than a relevant portion of the companies' balance sheets.

     Reply
    Mad_Science was starred Mad_Science was unstarred
    Image of Plecostomus [Tyrrell] Plecostomus [Tyrrell]
    12/19/08

    In reply to When Politics Trumps Business: The Case For Carmaker Corporate Jets
    So THAT'S the real reason for HondaJet.
     Reply
    Plecostomus [Tyrrell] was starred Plecostomus [Tyrrell] was unstarred
    Image of oddboxalfa oddboxalfa
    12/19/08

    In reply to When Politics Trumps Business: The Case For Carmaker Corporate Jets
    I'm going to play a devil's advocate here.
    Why are products not being designed in house? Why do you have to fly engineers across country to get to a plant that manufactures something thousands of miles away.
    If that is the case, that I am certain that not all 30 of them are coming out of the same city anyways, therefore requiring multiple corporate jets.
    I understand that the government does not get the whole concept of corporate jets being actually valuable, but the bigger issue is that the execs are receiving bonuses and perks that equal other peoples lifetime earning. Golden parachutes for people that failed huge business should not be the answer just because that is the lifestyle that they are used to. I recently got laid off and my severance package consisted of paying out my unused vacation days.
    I say f the executive privilages and let them really earn the money that they make.
     Reply
    oddboxalfa was starred oddboxalfa was unstarred
    Image of Ben Wojdyla Ben Wojdyla
    12/19/08

    @oddboxalfa: As I mentioned elsewhere, most experts do come from the same place as the workforce has been chopped down considerably. Used to be that plants where entirely self sufficient, but expertise on many levels has been centralized because it costs to much to have that kind of redundancy.
     Reply
    Ben Wojdyla was starred Ben Wojdyla was unstarred
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