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Word: aircrafting (lookup in dictionary) (lookup stats)
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...Employment [has been] reduced 42% from 167,000 to 97,000 ... GM is immediately ceasing all corporate aircraft operations, unfortunately impacting approximately 50 hourly and salaried employees...

Author: /time Magazine | Title: GM, Ford and Chrysler's Bailout Plans | 12/3/2008 | See Source »

When the heads of the Detroit Three auto companies return to Washington this week to testify before Congress about their restructuring plans, they won't be traveling on their corporate jets. Not after the story broke on Nov. 19 that they had flown their "luxurious" aircraft to Washington to beg for $25 billion in loans to keep their companies afloat. Official Washington was outraged at the extravagance. Columnists and comics were ever so grateful for the gift. "I mean, couldn't you all have downgraded to first class or jet-pooled or something to get here?'' whined Representative Gary Ackerman...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

This from a legislative body that has raised money-wasting to an art form. It wasn't too long ago that members of Congress often mistook corporate aircraft for the Congressional Airline. "Hitching" a ride on corporate jets was such a regular event, and so abused a privilege, that eventually the solons had to stop themselves. There was nothing to stop Senator John McCain from using his wife's jet to make dozens of campaign stops this year, contravening but not breaking election laws because he, or at least Mrs. McC, "owned" the aircraft through a family company. (Read...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

...baseball. And that just about does it for me. I'd add the bracing moment of Bush with the bullhorn in the ruins of the World Trade Center, but that was neutered in my memory by his ridiculous, preening appearance in a flight suit on the deck of the aircraft carrier beneath the "Mission Accomplished" sign. The flight-suit image is one of the two defining moments of the Bush failure. The other is the photo of Bush staring out the window of Air Force One, helplessly viewing the destruction wrought by Hurricane Katrina. This is a presidency that...

Author: /time Magazine | Title: Bush's Last Days: The Lamest Duck | 11/26/2008 | See Source »

...other ships currently being held by pirates. This week has been particularly successful for piracy: Last weekend buccaneers captured a Japanese-operated chemical and oil tanker as well as a Saudi supertanker, which holds roughly $100 million worth of oil and is three times the size of an aircraft carrier. And let’s not forget the Ukrainian cargo ship, the Faina, which was captured in September while carrying $30 million of weapons and tanks. According to reports, the Faina’s owners have haggled the pirates down to $8 million in ransom from the original demand...

Author: By Steven T. Cupps | Title: Pirate Code | 11/20/2008 | See Source »

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