GM Ceases All Corporate Jet Flights: To Sell Remaining Jets

Due to significant cutbacks over the past months, GM travel volume no longer justifies a dedicated corporate aircraft operation.

GM is currently exploring options for transferring its aircraft to another operator. The company is pursuing sale of four of the aircraft so it can terminate the leases.

GM will shutter the facility at Metro Airport effective January 1, 2009. GM will work with the airport to seek a tenant for the balance of the lease, which expires in 2009.
 

rocker - 12/2/2008 2:32:11 PM

+4 Boost

Now the private jet manufacturers will need a bailout.

B7FAN - 12/2/2008 3:52:28 PM

+3 Boost

I need a bailout I my car payments and mortgage are late?????????????????????

mscottc1 - 12/2/2008 4:10:32 PM

+2 Boost

yep- right after we bail out the toy manufacturers since people will be spending less this holiday season. wait, no- those are already in China. guess we could still bail them out anyway!

randy33 - 12/3/2008 2:31:00 AM

+1 Boost

GM executives FAIL