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December 2, 2008 10:43:00 PM CST

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7 Stories

GM Doesn't Want You Tracking Its Private Jet

Automaker asks feds to block public tracking of plane leased for execs

Bloomberg Bloomberg Nov 27, 08 3:05 PM CST
(Newser) - General Motors doesn’t want the public tracking a private jet used by its executives, Bloomberg reports, asking the Federal Aviation Administration to block it from its public service. “We availed ourselves of the option as others do to have the aircraft removed,” said a GM spokesman, though he didn’t say why the automaker, blasted on Capitol Hill for using the planes, took the step. More »

More about:  Financial Crisis • bailout • auto industry • General Motors • Rick Wagoner • private jet

GM Shrinks
Fleet of Corporate Jets

Automaker, pilloried on Capitol Hill, is retiring two of five planes

Detroit News Detroit News Nov 21, 08 1:38 PM CST
(Newser) - After facing turbulence on Capitol Hill over its corporate jets, General Motors is cutting two aircraft from the ranks, the Detroit News reports. “This is strictly the result of drastic cutbacks in travel around the globe,” said a spokesman. The automaker, which began this year with seven jets, also turned in two in September. GM spent $256,793 on flight costs for its top execs last year. More »

More about:  Financial Crisis • bailout • auto industry • General Motors • Detroit • Ford • Rick Wagoner • Alan Mulally • private jet

OPINION

 Auto Execs Hit Turbulence Over Private Jets

Legislators put screws to extra-shiny tin cups

Washington Post Washington Post Nov 20, 08 7:49 AM CST
(Newser) - Take three auto execs, add the private jets each took to a Capitol Hill hearing to beg for a federal bailout, and you get a recipe for the heaping helping of humble pie legislators served up, writes Dana Milbank in the Washington Post. "There's a delicious irony in seeing private luxury jets flying into Washington, DC, and people coming off them with tin cups in their hands," said one New York congressman at the disastrous hearing. More »

More about:  Financial Crisis • auto industry • General Motors • Ford • Chrysler • executive compensation • private jet

 Once-Brash 
 Big Apple
 Wilts in Crisis

Once-brash Big Apple is reeling from Wall Street crisis

Washington Post Washington Post Oct 12, 08 3:47 PM CDT
(Newser) - A New York state of mind is giving the city’s big spenders a migraine, the Washington Post reports. Economic meltdown has withered the Big Apple, where private jet and yacht bookings are off, lavish parties are being trimmed, and lofts sit freshly vacant. Worse, the Mets and Yankees are down, and Rudy and Hillary are out of the presidential race. More »

More about:  Wall Street • New York • real estate • yachts • private jet

Today's Hitchhikers Fly by Cushy Private Jet

High society fliers take rides with friendly billionaires

New York Times New York Times Jul 12, 08 3:03 PM CDT
(Newser) - Today’s brand of hitchhiker isn't on a street corner thumbing rides, but at airports that serve cushy private planes, the New York Times reports. Seeking the prestige and elation of flying in a $40 million jet, these riders reserve seats with friendly billionaires. “There are a lot of people in the social world who don’t have the equipment to fly privately on their own,” says one New York high society author. More »

More about:  money • airplane • luxury travel • private jet • travel trends

 Baba Wawa 
 Flies High 
 on Book Tour  

Author picks up tab for private jet travel

New York Daily News New York Daily News May 6, 08 10:58 AM CDT
(Newser) - Barbara Walters is footing the bill so she can travel in style during her 25-city book tour, the Daily News reports. The 78-year-old, who received a $3 million advance for her memoir Audition, will not only pony up for private jet trips, she'll also bring along her hair and makeup artists from The View. More »

More about:  book • memoir • Barbara Walters • private jet

Jet-Setting Governor Irks Californians

Critics question Schwarzenegger's daily polluting commute

Los Angeles Times Los Angeles Times Mar 7, 08 7:02 AM CST
(Newser) - Californians are complaining about a governor who rarely spends a night in the state capital and dirties the air with almost daily commuter flights on a private jet, reports the Los Angeles Times . Arnold Schwarzenegger spends most nights at the family home in Brentwood in southern California. Critics say spending all that time in the air—some three hours a day—undercuts his tough stance on pollution, and suspect it's hurting his focus on politics in Sacramento. More »

More about:  California • Arnold Schwarzenegger • pollution • governor • Sacramento • private jet • commuting

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