[ale] Re: HP buys two new GVs - now well OT

[Gregory C. Johnson]

Mmm, not to meddle in the affairs of wizards, but I happen to...

A) have a been in a parked GV ("Mercedes")
B) have been in an airborne Citation IV ("Honda civic")
C) Seen the hourly operational cost for said IV ($2k, IIRC), and heard the
the fractional buy-in number (250k? 1M? Memory fades)

Based on my minor exposure to that world, I'd speculate that, for the
Citation  TCO/people-mile >= 2 x spot price commercial airfare.  Example:
ATL-DFW is a ~2.5 hour flight, and say a conservative $1000 in ownership
overhead.  At the CIV's 7 passenger capacity, that's ~$800/head.  But wait,
there's more - more flying that is.  Those numbers are one-way, so our round
trip is ~$1600, best case.

The highest ATL-DFW-ATL fare I could find departing today returning tomorrow
was ~$650.  Thus, the "Honda Civic" of airplanes is roughy 2.5 times spot
commercial fares before any corporate discounts.

Now, private air does save two hours of futile & ineffective security
screens played out for the sheeples' benefit.  Still, those execs better be
making $500/hr each.  That's $1M per 2000 hour year.  Even HP probably
doesn't have 5 planes x 10 seats = 50 people making over a million a year.

Considering the GV is at least 35-ish million more than the CIV...

-Greg

Warning: This post might be worth what you paid for it.

----- Original Message ----- 
From: "Chris Ricker" <kaboom at gatech.edu>
To: "Atlanta Linux Enthusiasts" <ale at ale.org>
Sent: Monday, September 15, 2003 10:50 PM
Subject: Re: [ale] Re: HP buys two new GVs


> On Mon, 15 Sep 2003 tfreeman at intel.digichem.net wrote:
>
> >
> > Bob - I completely agree that corporate aircraft can save the company
both
> > executive time and real money. The purchase of 5 new aircraft at a time
> > when jobs are being outsourced overseas, and apparently corporate
> > financials aren't quite what they might be (I don't follow HP), strongly
> > suggests to me that these aircraft are executive bragging rights, not a
> > business investment. If the top executives have not cut their total
income
> > (like that will ever happen), to help with the new equipment for
> > themselves, the executive suite is pumping itself up in importance at
the
> > cost of the rest of the company.
>
> I think you're mis-reading things. HP has corporate shuttles between some
of
> its West Coast campuses. That's fairly common for some of the larger IT
> companies -- Intel has a few flights up and down the West Coast every day
as
> well, for example. If you regularly need to have employees travelling
> between your offices, it can be far more cost-effective to fly them
yourself
> than to put them on commercial flights....
>
> later,
> chris
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