Auto Companies Selling Off Flight Departments
On Tuesday, Ford Motor Company said it will sell all five of its corporate jets, and General Motors said it will sell off the leases on its fleet. "We don't use them that much anyway," GM spokesman Mike Meyerand told ABCNews. "It saves us a lot of money to get out of this business." The companies also are hoping the move will regain some of the PR ground lost when they flew via private jet to Washington last month, hats in hand, looking for government bailouts. Executives at Ford and GM also said that when they appear before Congress this week, they will make the 500-mile trip from Detroit by car.
Executives at Chrysler, the third of the Big Three automakers, also said they'll leave the corporate jet at home this week and make alternate travel plans.