User 444121

Google's Private Jet: A (Part-time) Shareholder's Concern

Corporate jets make companies money, when used appropriately. The cost per hour for executives at a company Google's size is in the hundreds of thousands of dollars per hour, if not millions. Suddenly, an extra two to four hours using the airlines becomes extremely expensive over flying the corporate jet. Save 2 hours saves, say $200,000 times 10 executives on the jet. Sure, the flight may cost $50,000. But you just saved $1,950,000. You "bought" time.

The short-sighted, uneducated public can't wrap their heads around such large numbers. That's also part of the reason most people are poor and broke anyways. Comments from an average "joe" with massive debt and a near zero cash flow statement about corporate jet use should hold little water.