GM Inside News Forum - View Single Post - GM to return two leased jets amid criticism

joemac · 11-21-2008, 12:57 PM

It's a joke that this is an issue at all.

It's a cost issue. At the rate of pay for a CEO, idle time costs money. You can either pay for more efficient time use (private jet). Or you can waste time, sitting at an airport, delays, etc.

At the per hour rate of most CEO's it's a better cost effective use of time to use the private jet.

We could say the same to ourselves. Why do we fly instead of drive? Time efficiency. Time is money. What's one's time worth. That's the key.

If I'm a business owner I want my people to be working with minimal idle time, best effective, efficient use of their time. The overhead getting on a plane today commercially is extreme often taking longer to get on the plane than the flight itself.

11-21-2008, 12:57 PM	#12 (permalink)
joemac 3.6 Liter SIDI V6 Join Date: Jan 2006 Posts: 1,014	Re: GM to return two leased jets amid criticism It's a joke that this is an issue at all. It's a cost issue. At the rate of pay for a CEO, idle time costs money. You can either pay for more efficient time use (private jet). Or you can waste time, sitting at an airport, delays, etc. At the per hour rate of most CEO's it's a better cost effective use of time to use the private jet. We could say the same to ourselves. Why do we fly instead of drive? Time efficiency. Time is money. What's one's time worth. That's the key. If I'm a business owner I want my people to be working with minimal idle time, best effective, efficient use of their time. The overhead getting on a plane today commercially is extreme often taking longer to get on the plane than the flight itself.