Sunday, November 23, 2008

Plane facts: GM cutting back fleet


Automaker downsizing to 3 jets; Chrysler owns none while Mulally, family use Ford aircraft.
Robert Snell and Alisa Priddle / The Detroit News
General Motors Corp. has been thinning its corporate jet fleet. Ford Motor Co. continues to explore ways to curtail travel expenses. And Chrysler LLC doesn't even own planes anymore.

The CEOs of Detroit's Big Three didn't mention those facts this week when lawmakers chastised them for arriving in Washington on pricey corporate jets to appeal to lawmakers for $25 billion in emergency loans.

"From a PR standpoint, it was a nightmare," said Michael Layne, a partner in Marx Layne, a public relations firm in Farmington Hills....More

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