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	<title>Comments on: Can Corporate CEOs Justify Private Jet Travel?</title>
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		<title>By: Brad P</title>
		<link>http://wallstreetpit.com/11359-can-corporate-ceos-justify-private-jet-travel#comment-79164</link>
		<dc:creator>Brad P</dc:creator>
		<pubDate>Tue, 10 Nov 2009 17:15:51 +0000</pubDate>
		<guid isPermaLink="false">http://wallstreetpit.com/?p=11359#comment-79164</guid>
		<description>Mr. Green fails to take into account collateral benefits of business aviation.  He further ignores scheduling issues, stress issues, collaboration during travel, as well as the fact that the airlines only fly to about 500 airports, a number that is shrinking seemingly each day as airlines continue to drop service to small communities across the country.  GA flies to over 5,000 airports on-time, and on-demand.  General aviation is literally the lifeline to these small towns, generating jobs and economic impact to rural communities across the country.  General aviation is critical to my business operations.  It allows me to connect with customers nearly everywhere in the U.S. quickly and on a moments notice.  For business owners like myself, my small aircraft is not only easily justified, it is a business necessity.</description>
		<content:encoded><![CDATA[<p>Mr. Green fails to take into account collateral benefits of business aviation.  He further ignores scheduling issues, stress issues, collaboration during travel, as well as the fact that the airlines only fly to about 500 airports, a number that is shrinking seemingly each day as airlines continue to drop service to small communities across the country.  GA flies to over 5,000 airports on-time, and on-demand.  General aviation is literally the lifeline to these small towns, generating jobs and economic impact to rural communities across the country.  General aviation is critical to my business operations.  It allows me to connect with customers nearly everywhere in the U.S. quickly and on a moments notice.  For business owners like myself, my small aircraft is not only easily justified, it is a business necessity.</p>
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		<title>By: Patrick</title>
		<link>http://wallstreetpit.com/11359-can-corporate-ceos-justify-private-jet-travel#comment-75188</link>
		<dc:creator>Patrick</dc:creator>
		<pubDate>Wed, 28 Oct 2009 15:53:09 +0000</pubDate>
		<guid isPermaLink="false">http://wallstreetpit.com/?p=11359#comment-75188</guid>
		<description>I agree with SkyMachines. Business Aviation can be a luxury for some companies but for others it saves time and money. Most CEO&#039;s are not going from NY to LA. They are going where their business takes them, often to places you probably haven&#039;t heard of. 

Look at it this way- 

Imagine you were a corporation and you needed to get five middle management employees from Mineral Wells, Texas to Topeka, Kansas for a few hours to do business. Lets say that each employee makes 200K per year. 

Lets look at airline travel first. The long and short of it is you are not going to be able to accomplish it in a day. You would probably have to drive on both ends of the travel in both directions. By the time you factor in driving to an airport with airline service, checking in, going through security, getting on a flight at a time of the airline&#039;s choosing, then waiting on at least one connecting flight at another time of the airline&#039;s choosing; you just cannot get back to Mineral Wells the same day. It may actually take three days but lets go with two and say our people are really &quot;go getters&quot; and willing to work long days. So that means all five employees will be out of the office for 2 days for a mere few hours of business. They will be away from home for a night, and will come back fatigued and stressed.

$500 per airline ticket- $2500
Costs of hotel rooms and meals- $1000
Two days of salary paid to all 5 employees- $8000

Thats a cost to the company of $11,500

So now lets talk about a Learjet or something similar. The employees can wake up, drive to their nearest airport which would be Mineral Wells, at a time of their choosing, get on a plane, discuss their meeting enroute, arrive at Topeka by mid morning after a one hour direct flight. They do their business, and often can get done early. So guess what, they come home early too! They don&#039;t need to wait for an airline schedule. They get back home in time for dinner with their family and thus increase their quality of life as well. An extra night at home is worth a lot to a road warrior. Trust me. 

So lets look at these costs shall we?

$2000 per hour for the Learjet: $4000 
One day salary for five employees: $4000 
Total for the Corporate jet travel: $8000

Savings to the company: $3500
Happier employees who aren&#039;t tired and worn out when they get home? PRICELESS</description>
		<content:encoded><![CDATA[<p>I agree with SkyMachines. Business Aviation can be a luxury for some companies but for others it saves time and money. Most CEO&#8217;s are not going from NY to LA. They are going where their business takes them, often to places you probably haven&#8217;t heard of. </p>
<p>Look at it this way- </p>
<p>Imagine you were a corporation and you needed to get five middle management employees from Mineral Wells, Texas to Topeka, Kansas for a few hours to do business. Lets say that each employee makes 200K per year. </p>
<p>Lets look at airline travel first. The long and short of it is you are not going to be able to accomplish it in a day. You would probably have to drive on both ends of the travel in both directions. By the time you factor in driving to an airport with airline service, checking in, going through security, getting on a flight at a time of the airline&#8217;s choosing, then waiting on at least one connecting flight at another time of the airline&#8217;s choosing; you just cannot get back to Mineral Wells the same day. It may actually take three days but lets go with two and say our people are really &#8220;go getters&#8221; and willing to work long days. So that means all five employees will be out of the office for 2 days for a mere few hours of business. They will be away from home for a night, and will come back fatigued and stressed.</p>
<p>$500 per airline ticket- $2500<br />
Costs of hotel rooms and meals- $1000<br />
Two days of salary paid to all 5 employees- $8000</p>
<p>Thats a cost to the company of $11,500</p>
<p>So now lets talk about a Learjet or something similar. The employees can wake up, drive to their nearest airport which would be Mineral Wells, at a time of their choosing, get on a plane, discuss their meeting enroute, arrive at Topeka by mid morning after a one hour direct flight. They do their business, and often can get done early. So guess what, they come home early too! They don&#8217;t need to wait for an airline schedule. They get back home in time for dinner with their family and thus increase their quality of life as well. An extra night at home is worth a lot to a road warrior. Trust me. </p>
<p>So lets look at these costs shall we?</p>
<p>$2000 per hour for the Learjet: $4000<br />
One day salary for five employees: $4000<br />
Total for the Corporate jet travel: $8000</p>
<p>Savings to the company: $3500<br />
Happier employees who aren&#8217;t tired and worn out when they get home? PRICELESS</p>
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		<title>By: SkyMachines</title>
		<link>http://wallstreetpit.com/11359-can-corporate-ceos-justify-private-jet-travel#comment-71586</link>
		<dc:creator>SkyMachines</dc:creator>
		<pubDate>Tue, 20 Oct 2009 20:26:55 +0000</pubDate>
		<guid isPermaLink="false">http://wallstreetpit.com/?p=11359#comment-71586</guid>
		<description>Of course, this is very, very oversimplified and just not a very realistic or relevant example. 

What if there are 5 people on board? What if they aren&#039;t traveling between America&#039;s two largest cities but instead are visiting a rural location that, by the airlines, requires flight changes, long drives in rental cars, and an overnight stay. What if the 5 people want to hold a meeting in private during the trip? What if, on the trip, they need to visit multiple locations? Often, flights that can be made on private aircraft just can&#039;t be made on the airlines because the airlines serve 450 airports and private aircraft 5000. 

&quot;We never could have done it without these airplanes,&quot; said Sam Walton, himself a pilot. Walmart flies a fleet of 19 matching Learjets out of NW Arkansas. They don&#039;t have 19 CEOs...these planes are used to move middle management, real estate department staff, buyers, vendors, and more. The world&#039;s most efficient retailer finds that private aircraft make them more efficient! Do you feel qualified to question Walmart&#039;s efficiency? I sure don&#039;t.</description>
		<content:encoded><![CDATA[<p>Of course, this is very, very oversimplified and just not a very realistic or relevant example. </p>
<p>What if there are 5 people on board? What if they aren&#8217;t traveling between America&#8217;s two largest cities but instead are visiting a rural location that, by the airlines, requires flight changes, long drives in rental cars, and an overnight stay. What if the 5 people want to hold a meeting in private during the trip? What if, on the trip, they need to visit multiple locations? Often, flights that can be made on private aircraft just can&#8217;t be made on the airlines because the airlines serve 450 airports and private aircraft 5000. </p>
<p>&#8220;We never could have done it without these airplanes,&#8221; said Sam Walton, himself a pilot. Walmart flies a fleet of 19 matching Learjets out of NW Arkansas. They don&#8217;t have 19 CEOs&#8230;these planes are used to move middle management, real estate department staff, buyers, vendors, and more. The world&#8217;s most efficient retailer finds that private aircraft make them more efficient! Do you feel qualified to question Walmart&#8217;s efficiency? I sure don&#8217;t.</p>
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		<title>By: Dean</title>
		<link>http://wallstreetpit.com/11359-can-corporate-ceos-justify-private-jet-travel#comment-71582</link>
		<dc:creator>Dean</dc:creator>
		<pubDate>Tue, 20 Oct 2009 19:19:46 +0000</pubDate>
		<guid isPermaLink="false">http://wallstreetpit.com/?p=11359#comment-71582</guid>
		<description>Great insight. Check out Greenjets shared-ride private jet service.

We market shared rides between major market in the US, on private jets. Basically, pay for the seats you need, not the whole plane!

Flying Greenjets, your NY-LA trip would cost as low as $3000 per seat for two traveling together - to fly on a private jet! NY-FL for example is only $1500 per seat. These are Greenjets lowest prices and requires a membership, but this is the ammortized all included price, with a membership. Double if for less frequent fliers, and its still way more affordable than first class... Half.

- we calculate the time savings to equate to 2 weeks of work time, if someone takes one return trip per month with Greenjets compared to the airlines.

- we would argue that the economic impact of the CEO or any other employee to their company, is much higher than their pay. This should be the basis for the time-value analysis.

Great job! Thanks.</description>
		<content:encoded><![CDATA[<p>Great insight. Check out Greenjets shared-ride private jet service.</p>
<p>We market shared rides between major market in the US, on private jets. Basically, pay for the seats you need, not the whole plane!</p>
<p>Flying Greenjets, your NY-LA trip would cost as low as $3000 per seat for two traveling together &#8211; to fly on a private jet! NY-FL for example is only $1500 per seat. These are Greenjets lowest prices and requires a membership, but this is the ammortized all included price, with a membership. Double if for less frequent fliers, and its still way more affordable than first class&#8230; Half.</p>
<p>- we calculate the time savings to equate to 2 weeks of work time, if someone takes one return trip per month with Greenjets compared to the airlines.</p>
<p>- we would argue that the economic impact of the CEO or any other employee to their company, is much higher than their pay. This should be the basis for the time-value analysis.</p>
<p>Great job! Thanks.</p>
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