ST Alpha - "Last minute first class airline ticket from Detroit to DC: $1400. Figure 8 people on a plane, $20k doesn't seem so extravagent, does it? -- nm" (Reading a Post)

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Last minute first class airline ticket from Detroit to DC: $1400. Figure 8 people on a plane, $20k doesn't seem so extravagent, does it? -- nm

Posted by oblique (aka kkuphal) Nov 19 '08, 14:44

(No message)

Responses:

i've been involved with chartering a plane when it became more cost effective. but i can't say anything about *owning*. - El Fandie Nov 19, 14:51 3
- I wonder what the Boeing execs fly around in. -- nm - psilotum Nov 19, 14:52 2
  - I would hope they fly an Airbus. Understanding the competition, you see. -- nm - Beryllium Nov 19, 14:54
  - [deleted]
No $25 billion for *you*, then! -- nm - TaurusII Nov 19, 14:51
Still twice as much...but this was $20,000 just for the GM exec...not the other two -- nm - The Calico Cat Coalition Nov 19, 14:50 4
- Yes, but that's not necessarily an unreasonable increase for the convenience of travel on your own schedule -- nm - oblique Nov 19, 14:51 3
  - As so many people are facing layoff because companies need to cut costs...it actually kind of is. How many workers could have been paid yesterday... - The Calico Cat Coalition Nov 19, 14:56 2
    - 40. Assuming $30/hr average and an 8 hr day. He's attending a meeting that affects thousands. -- nm - VMan Nov 19, 15:02 1
      - A meeting he could have attended for $9,000 less...a meeting where he was crying poor...claiming poor management was a thing of the past - The Calico Cat Coalition Nov 19, 15:05
8 in a group? wonder what it would cost to charter a private jet? -- nm - zeitgeist Nov 19, 14:48 1
- Chartering also involves counting on the plane being ready. - VMan Nov 19, 14:55
not so but still not warranted. Like Hyde said - it's a PR nightmare they should have anticipated -- nm - Pippy Nov 19, 14:48
yet again: it has nothing to do with extravagance. it's the public perception that it plays into that undercuts... - x Nov 19, 14:47
Well, yes it does. - musubi Nov 19, 14:45 15
- I figure a CEO would never travel alone. Plus, when I flew on the company jet, it was almost never empty. Always someone in the company was also - oblique Nov 19, 14:51
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  - A CEO position isn't supposed to be an end reward for years of work, they are being compensated for making sure a company thrives - musubi Nov 19, 14:50 4
    - [deleted] 3
      - It's a salient point when they are in front of congress asking for $25B. - musubi Nov 19, 14:58 2
        
        [deleted] 1
        
        I came the closest. -- nm - Beryllium Nov 19, 15:08
  - And if one CEO has his own jet.... -- nm - VMan Nov 19, 14:47 6
    - The co mpany should reward financially. Then the CEO can buy a jet, and expense the company for his travel time and fuel cost. - Beryllium Nov 19, 14:49 5
      - Depends on the cost/benefit analysis. Is it cheaper to supply the employee with a car/jet or pay the expenses for him using his own? -- nm - VMan Nov 19, 14:52 3
        
        But *did they do* a CBA? And do they continue to re-do it when the economic situation changes? -- nm - Beryllium Nov 19, 14:53 2
        
        I would assume so. Their finance people were always sticklers at our meetings. -- nm - VMan Nov 19, 14:57 1
        
        [deleted]
      - [deleted]
- Legal, PR, Makeup and hair people, personal assistants etc. etc. -- nm - VMan Nov 19, 14:46
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