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Old 11-24-2008, 10:47 AM   #96 (permalink)
fp115
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Re: GM to return two leased jets amid criticism

Quote:
Originally Posted by FierySolstice View Post
They should get rid of all their planes or all three companies should have maybe 1 or 2 planes that they could lease together, like a time share of sorts. That way they would be atleast saving some money. Most of the public don't know who they are, why do they need jets because of safety? Give them one body guard then, thats a lot less than maintaining a fleet of jets.
They all have body guards, several of them. In some cases also require chauffeurs depending on where they are travelling through. GM's executive insurance does not cover the executives if they were to use public transportation or if they are not chauffeured in certain areas. In order to remain covered it would potentially cost millions more in order to cover the executives under the company's insurance. Bodyguards are also a part of this insurance deal. Presidents from every region (Mexico, Canada, China,..) all have bodyguards and chauffeurs as well. These are reasons why it is company policy to not allow them to fly anything but privately.

What other company execs do has nothing to do with GM's insurance policy. Especially these days with the amount of people getting laid off, there are more and more people looking to find revenge. I've personally seen it and if you all think that security is not an issue, then you have no idea how crazy and deranged some people may be.
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