November 15, 2006

Are you serious?

Times are tough in the domestic automotive industry. GM and Ford have both laid off or bought out thousands of workers, and Ford will be laying off thousands more in the coming months. All the cost cutting measures you hear about, and then this article comes out by Channel 7 News Last night...

Fields has said, "We are making sacrifices at every level."

But there certainly doesn’t seem to be much sign of sacrifice at home - his home, in sunny South Florida, on the water in Delray Beach.

The same Ford executive who says he’s not looking for a free ride is getting exactly that virtually every weekend in a Ford corporate jet.

For weeks, we’ve been watching as he usually slips off every Friday afternoon to Ford’s hangar at Detroit Metro Airport and then climbs aboard one of six Ford jets that whisks him to a private airport near his Palm Beach County Florida home.

Fields is usually the only passenger—plus an aircraft crew of three—but on occasion, we’ve spotted his family riding along for free, too. Well, it’s free for the Fields’ but far from free to the floundering Ford Motor Company.

The 1,100 mile, 2-and-a-half hour, one-way trip from Detroit to Boca Raton in a Gulfstream-5? It’s not cheap at $7,000 an hour but then, add in the costs of the crew and their weekend meals and lodging expenses at what is said to be a luxury Palm Beach area hotel, and then of course the costs to fly Fields back to Detroit Sunday night... can it be $70,000 a week or more?—it certainly can when the jet makes two trips to Florida, one to drop him off and another to go back and pick him up?

A Ford insider claims he’s seen paperwork that says it’s $50,000 a week but it’s unclear what’s not included in that number.

Thats basically a person a week who could stay here instead of him flying around in the jet. That's a good way to motivate your employees, they're getting their pay and benefits decreased, and you're gallivanting around in a private jet for non-business purposes.

Posted by adyer at 6:41 AM

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Glad to see you are back....I was getting tired of ready "How to tell if your an engineer" every morning.
Welcome back!

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