Yes, its true! The government, aided by the media, shamed General Motors into closing the oldest corporate flight department and sell off its aircraft, putting a black-eye on any company using aircraft for business. Enter Uncle Sam Uncle Sam - you and I - then loaned General Motors billions of dollars, then demanded it go bankrupt with the Obama administration demanding the bankruptcy court screw the GM bond holders, and demanded an end to the "extravagance" of corporate jet aircraft. So, every time I go to the Detroit Metro Airport I look at the empty corporate offices and hangar GM had on the East side of the entrance to the airport, empty and looking forlorn. What a sad state of affairs not only for GM, but for corporate aviation in the US. President Obama Approves Chartering Of Biz Jets For GM Now that the government has the majority of shares in GM and wants to sell stock in the company, suddenly it becomes a great idea to use corporate jets again. Apparently the Obama team has discovered how useful corporate jets are, and in an attempt to raise capital for GM and sell off the governments interest in the company, GM executives can once again use corporate jets! All of this while everyone is questioning the costs President Obama is incurring with his trip to Mumbai in India. Some reports place the costs between $ 200M and $2B, and the 24/7 news cycle just keeps talking about the costs while all of us drown in government debt. Are Corporate Jets "Evil"? Business aircraft - corporate jets in other words - have been a part of the business world since the early 1930s, and have proven themselves to be a great productivity tool for growing businesses, helping to grow businesses and create jobs for American workers. Have you taken a trip on the airlines lately? A 2.5 hour flight from Detroit to Orlando has now become an all-day event, courtesy of Al Quida and the TSA. If it is for pleasure, or to visit Aunt Jane, no big deal, right? But if you are on a business trip to increase sales and grow your business, it is a nightmare, piling cost upon cost. Media Attacks GM For Use Of Corporate Jets Once again the media is attacking GM for using corporate jets, driving the stake further into the heart of business aviation and shaming companies into hiding their aircraft ownership and use, and depressing sales of corporate aircraft even further. The truth is corporate aircraft are a business tool which helps business to grow, and by growing create more jobs, and by creating more jobs helping the economy grow. What's so hard to understand about that? Write or email your favorite 24/7 news outlet, local news station, congressman or anyone else you can think of and urge them to put some balance into their reporting and help business aviation and stop bashing it! Until next time keep your wings straight and level Hersch! JetAviator7 ps: Don't forget to sign up for our newsletter "All Things Aviation" here!
by John M. White • • 2 comments