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General Motors issued a press release announcing it would cease all corporate jet operations as of January 1, 2009. Ford announced a similar move in its new business plan in an effort to earn a government bailout. The news will probably delight pundits, politicians, and other newfound experts on the automotive industry. Hopefully the lack of corporate jets will redirect the focus of the bailout talks from frivolous debates about how the automakers are spending each penny to something much more relevant. Perhaps the CEOs can show the politicians and national media the latest domestic vehicles and get past the outdated stereotypes of unsafe gas guzzlers that nobody wants to buy.
If we're going to require all three Detroit-based automakers to submit plans that show a clear path to profitability and long-term stability, can't we also require the politicians to take a quick walk through local Chrysler, Ford, and GM dealerships? It's obvious our politicians don't know what the current domestic automaker product portfolios look like and it's a shame an entire industry hangs in the balance because of the ignorance of a few hundred representatives.
If eliminating corporate jets would solve all the issues in the auto industry, I'm positive all three automakers would have ditched the planes months ago. Let’s hope the legislators figure out the problem runs a little deeper.
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