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GM Nixes Corporate Jet Fleet

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Whether it's just more cost-cutting for the cash-strapped giant, posturing before Congress to ensure its share of billions in the hotly contested domestic auto bailout, or, as Automotive News claims, "scrubbing and scrambling" after an embarrassing jet-set to Washington with begging cup in hand, GM announces today that it is completely dismantling its corporate General Motors Air Transportation Services (GMATS) at the Detroit Metro Airport.

GM states that, due to a depressed market and resultant cost cutbacks, its "travel volume no longer justifies a dedicated corporate aircraft operation." As such, they are looking at transferring their aircraft to another operator and selling four aircraft so that they can terminate the leases on those planes.

The Detroit Metro Airport travel facility will be closed for good on January 1. GM is working with the airport to find a tenant to finish out the lease term, which expires in 2009.--Colin Mathews

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Comment (1)
  1. From what I've heard/read/seen I don't think GM will survive , with or without government backed loans. Just look at some of the basic parts of the plan. They are considering their 'options,' sell or kill, with regards to Saturn. Isn't Saturn the division that sells fuel efficient cars? Yet they have no plans on doing anything with GMC, the truck brand? Doesn't GM sell they exact same trucks with the Chevy badge on the hood?
    Sorry GM, but your plan isn't good.
    For the record, I do think: GM, Ford and Chrysler should get the discount loans but clearly GM is in need of brighter leadership.
    Post Reply
    Bad stuff?


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