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	<title>Comments on: Motorola&#8217;s growing fleet&#8230;</title>
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	<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/</link>
	<description>Morningstar&#039;s guide to what&#039;s hiding in SEC filings</description>
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		<title>By: Ted Koslowsk</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-9244</link>
		<dc:creator>Ted Koslowsk</dc:creator>
		<pubDate>Fri, 04 Sep 2009 01:17:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-9244</guid>
		<description>When Motorola had almost 160,000 employees there were 600 VPs and 6 private jets.  Motorola now has about 50,000 employees and 350 VPs (even more top heavy).  If Motorola has more than 2 jets it is more wasteful than when Chrissy Galvin was destroying the company.</description>
		<content:encoded><![CDATA[<p>When Motorola had almost 160,000 employees there were 600 VPs and 6 private jets.  Motorola now has about 50,000 employees and 350 VPs (even more top heavy).  If Motorola has more than 2 jets it is more wasteful than when Chrissy Galvin was destroying the company.</p>
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		<title>By: Phil McKeely</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-9130</link>
		<dc:creator>Phil McKeely</dc:creator>
		<pubDate>Wed, 19 Aug 2009 04:15:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-9130</guid>
		<description>Todd Phillips makes it sound like Greg Brown &amp; Sanjay Jha are some dynamic duo racing off to take a sick child for cancer treatment next door to Sanjay&#039;s golf course in California.   To the batmobile!!!! Puh-leeese!  All this jetting around to play golf while the employees are CONSTANTLY scolded about reducing unnecessary expenses.  What a joke.  The sad part is... the shareholders are stupid enough to pay for this.</description>
		<content:encoded><![CDATA[<p>Todd Phillips makes it sound like Greg Brown &amp; Sanjay Jha are some dynamic duo racing off to take a sick child for cancer treatment next door to Sanjay&#8217;s golf course in California.   To the batmobile!!!! Puh-leeese!  All this jetting around to play golf while the employees are CONSTANTLY scolded about reducing unnecessary expenses.  What a joke.  The sad part is&#8230; the shareholders are stupid enough to pay for this.</p>
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		<title>By: jonnyb</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8808</link>
		<dc:creator>jonnyb</dc:creator>
		<pubDate>Thu, 18 Jun 2009 02:55:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8808</guid>
		<description>Michelle, seems like you are starting to strike a chord.  Poor Todd and his cronies 
(probably a paid dupe), Oh No, &quot;they&#039;re gonna take away my corporate jet!?&quot; What an A-hole.  Good job bringing to light the devil in the details. The corporate excess and greed goes straight to the heart of the current debacle/mess/cluster!@#$ that were are in.  I can&#039;t wait for the day when the crooks have to worry about more important matters. IE; Will I be able to pay my mortgage? Will I be able to find a job? Etc,Etc,Etc.  Oh and Todd your high value productive talent are usually the least of both.  I could make better decisions by flipping a coin. It&#039;s not rocket science to see cheap labor and lax environmental regulation as a way to reduce costs.  What is not so easy to see is the long term consequences of such practices.  Your rising tide raises all boats, but those without one, Drown.</description>
		<content:encoded><![CDATA[<p>Michelle, seems like you are starting to strike a chord.  Poor Todd and his cronies<br />
(probably a paid dupe), Oh No, &#8220;they&#8217;re gonna take away my corporate jet!?&#8221; What an A-hole.  Good job bringing to light the devil in the details. The corporate excess and greed goes straight to the heart of the current debacle/mess/cluster!@#$ that were are in.  I can&#8217;t wait for the day when the crooks have to worry about more important matters. IE; Will I be able to pay my mortgage? Will I be able to find a job? Etc,Etc,Etc.  Oh and Todd your high value productive talent are usually the least of both.  I could make better decisions by flipping a coin. It&#8217;s not rocket science to see cheap labor and lax environmental regulation as a way to reduce costs.  What is not so easy to see is the long term consequences of such practices.  Your rising tide raises all boats, but those without one, Drown.</p>
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		<title>By: Steve Wiley</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8801</link>
		<dc:creator>Steve Wiley</dc:creator>
		<pubDate>Wed, 17 Jun 2009 21:49:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8801</guid>
		<description>I’m tired of the general aviation industry being a target of unaccountable media and political bias. I guess when it comes to justifying a company’s use of its airplane, you could also say there should be no more company cars --- after all, walking is so much cheaper, and new shoes with thick soles are much less costly than gas, oil, insurance  and the like.

There are many reasons to consider aviation as a viable alternative to a company’s usual travel process.  The business aircraft is like a time machine, and when used correctly, can add tangible value to a company’s bottom line. When companies get their personnel cut back to a barely functional level, there will be a push to do “more-more-more, with less-less-less!” When that happens, folks will need to travel as quickly as possible to accomplish that mission. Face-to-face meetings to hammer out contracts will take place. Trouble shooters will ride in to save the day. Rural communities will be thankful for the municipal airport in their backyard that was one of the many factors drawing in a new manufacturing facility, providing jobs and tax base and increased quality of life.

Business aviation is indeed vital to our nation. It provides high-tech manufacturing and research jobs nationwide. The airplanes and other equipment produced in business aviation manufacturing are delivered world wide, thus offsetting international trade deficits. 

Our transportation services provide great savings of time for high value employees, thus maximizing their productivity. We also provide for the security of those same employees and the proprietary knowledge they hold.

Unfortunately, some in the media and politics use emotional tactics when trying to make a rational argument. All that does is incite irrational behavior. Without knowing the facts specific to the Motorola issue, it’s hard for anyone to do more than speculate about the reasoning behind the acquisition, ownership and use of their business aircraft. To do more would be foolish. 

Typically, aircraft of this nature used by high-tech, multi-national companies are used to move high-value personnel and clients from place to place as efficiently as possible. There are many tangible and intangible reasons for doing so. Historically, companies would compete for the best and brightest with financial packages that include various benefits; personal use of a company’s resources is one of the tools they use. Yes, the value of that benefit is charged out as income and taxes are paid on its value. So, now we’re back to using the company car, or not . . . 

I don’t have all the answers, but I sure am tired of a legitimate industry taking it on the chin because the media needs to score some advertising points and a politician needs some air time.

Ms. Leder, I would encourage you to dig a little and find some of the many positive stories out there about business aviation, rather that roll around in the mud with the rest of the media.</description>
		<content:encoded><![CDATA[<p>I’m tired of the general aviation industry being a target of unaccountable media and political bias. I guess when it comes to justifying a company’s use of its airplane, you could also say there should be no more company cars &#8212; after all, walking is so much cheaper, and new shoes with thick soles are much less costly than gas, oil, insurance  and the like.</p>
<p>There are many reasons to consider aviation as a viable alternative to a company’s usual travel process.  The business aircraft is like a time machine, and when used correctly, can add tangible value to a company’s bottom line. When companies get their personnel cut back to a barely functional level, there will be a push to do “more-more-more, with less-less-less!” When that happens, folks will need to travel as quickly as possible to accomplish that mission. Face-to-face meetings to hammer out contracts will take place. Trouble shooters will ride in to save the day. Rural communities will be thankful for the municipal airport in their backyard that was one of the many factors drawing in a new manufacturing facility, providing jobs and tax base and increased quality of life.</p>
<p>Business aviation is indeed vital to our nation. It provides high-tech manufacturing and research jobs nationwide. The airplanes and other equipment produced in business aviation manufacturing are delivered world wide, thus offsetting international trade deficits. </p>
<p>Our transportation services provide great savings of time for high value employees, thus maximizing their productivity. We also provide for the security of those same employees and the proprietary knowledge they hold.</p>
<p>Unfortunately, some in the media and politics use emotional tactics when trying to make a rational argument. All that does is incite irrational behavior. Without knowing the facts specific to the Motorola issue, it’s hard for anyone to do more than speculate about the reasoning behind the acquisition, ownership and use of their business aircraft. To do more would be foolish. </p>
<p>Typically, aircraft of this nature used by high-tech, multi-national companies are used to move high-value personnel and clients from place to place as efficiently as possible. There are many tangible and intangible reasons for doing so. Historically, companies would compete for the best and brightest with financial packages that include various benefits; personal use of a company’s resources is one of the tools they use. Yes, the value of that benefit is charged out as income and taxes are paid on its value. So, now we’re back to using the company car, or not . . . </p>
<p>I don’t have all the answers, but I sure am tired of a legitimate industry taking it on the chin because the media needs to score some advertising points and a politician needs some air time.</p>
<p>Ms. Leder, I would encourage you to dig a little and find some of the many positive stories out there about business aviation, rather that roll around in the mud with the rest of the media.</p>
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		<title>By: Michelle Leder</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8798</link>
		<dc:creator>Michelle Leder</dc:creator>
		<pubDate>Wed, 17 Jun 2009 16:44:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8798</guid>
		<description>@Iorek. Hmmm....basic math tells me that 7 planes (what they had before) is more than 4 planes (what they have now) so not quite sure where your snide comments are coming from. Clearly you&#039;re another Motorola apologist, like @Todd and @Tim, who&#039;s more interested in ranting than having an actual discussion about why these planes enhance shareholder value at Motorola. As for asking the company, that&#039;s not necessary: here at footnoted, we read the filings, instead of listening to the carefully crafted PR spin.</description>
		<content:encoded><![CDATA[<p>@Iorek. Hmmm&#8230;.basic math tells me that 7 planes (what they had before) is more than 4 planes (what they have now) so not quite sure where your snide comments are coming from. Clearly you&#8217;re another Motorola apologist, like @Todd and @Tim, who&#8217;s more interested in ranting than having an actual discussion about why these planes enhance shareholder value at Motorola. As for asking the company, that&#8217;s not necessary: here at footnoted, we read the filings, instead of listening to the carefully crafted PR spin.</p>
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		<title>By: iorek</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8796</link>
		<dc:creator>iorek</dc:creator>
		<pubDate>Wed, 17 Jun 2009 16:08:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8796</guid>
		<description>It&#039;s great that you can play sherlock holmes and spin out all these theories about an increase in Motorola&#039;s corporate fleet, but if you had simply asked the company (rather than creatively extrapolating from old data) you would have learned that the company did not increase its fleet, it decreased it and now has only four planes.</description>
		<content:encoded><![CDATA[<p>It&#8217;s great that you can play sherlock holmes and spin out all these theories about an increase in Motorola&#8217;s corporate fleet, but if you had simply asked the company (rather than creatively extrapolating from old data) you would have learned that the company did not increase its fleet, it decreased it and now has only four planes.</p>
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		<title>By: Tim Harkins</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8793</link>
		<dc:creator>Tim Harkins</dc:creator>
		<pubDate>Wed, 17 Jun 2009 11:07:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8793</guid>
		<description>Corporate jets are a necessary tool!  Try getting things done in a day with the airlines that can me done with a corporate jet.  Jealous of rich people?  Get off your ass and make your own money!  Ditto to Todd Phillips post above.</description>
		<content:encoded><![CDATA[<p>Corporate jets are a necessary tool!  Try getting things done in a day with the airlines that can me done with a corporate jet.  Jealous of rich people?  Get off your ass and make your own money!  Ditto to Todd Phillips post above.</p>
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		<title>By: Jeff L</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8783</link>
		<dc:creator>Jeff L</dc:creator>
		<pubDate>Tue, 16 Jun 2009 22:23:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8783</guid>
		<description>Michelle: That seems reasonable. I do wish that companies would attempt to justify their corporate jets (when productivity is gained) instead of just giving in to peer pressure. Though companies are putting their jets up for sale, the prices are often inflated as to discourage a sell. This is only an attempt to prevent bad PR. Those companies using corporate funds to pay for their executives&#039; personal use of the aircraft would understandably keep quiet, but when our good decisions are made, companies should stand behind them. When they don&#039;t, it only perpetuates the &quot;all corporations are run by cronies for cronies&quot; stereotype.</description>
		<content:encoded><![CDATA[<p>Michelle: That seems reasonable. I do wish that companies would attempt to justify their corporate jets (when productivity is gained) instead of just giving in to peer pressure. Though companies are putting their jets up for sale, the prices are often inflated as to discourage a sell. This is only an attempt to prevent bad PR. Those companies using corporate funds to pay for their executives&#8217; personal use of the aircraft would understandably keep quiet, but when our good decisions are made, companies should stand behind them. When they don&#8217;t, it only perpetuates the &#8220;all corporations are run by cronies for cronies&#8221; stereotype.</p>
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		<title>By: Michelle Leder</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8781</link>
		<dc:creator>Michelle Leder</dc:creator>
		<pubDate>Tue, 16 Jun 2009 20:55:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8781</guid>
		<description>First of all @Todd, nobody is criticizing the legitimate business use of corporate jets. Nor do we doubt that many of those jets are used for charitable flights and I know of Angel Flight, based in nearby White Plains, that does some great work in this area.

But it&#039;s hard to call it anything but a handout when a company allows its executives to use the corporate jet as their personal taxi for things like commuting or weekend trips. And, speaking of hand-outs, what would you call the tax gross-ups that many companies provide top executives to &quot;make them whole&quot; for their personal use? Thankfully, many companies have begun to rethink their policies on gross-ups. But there are still plenty of companies that provide them, judging from the recent crop of filings.

Finally, your comment that &quot;Do you really think a company would invest in a jet if it wouldn’t make them money&quot; shows that you&#039;re more interested in political rants -- something we try to avoid here on the site -- as opposed to discussing the issue in a rational way that shows you understand the basic fundamentals of corporate finance. The bottom line is that corporate jets can be incredibly beneficial and that they do provide jobs to the people who make and service them. But that doesn&#039;t mean they&#039;re always used in a way that enhances shareholder value, which, last time I checked, was a basic tenet of free markets.</description>
		<content:encoded><![CDATA[<p>First of all @Todd, nobody is criticizing the legitimate business use of corporate jets. Nor do we doubt that many of those jets are used for charitable flights and I know of Angel Flight, based in nearby White Plains, that does some great work in this area.</p>
<p>But it&#8217;s hard to call it anything but a handout when a company allows its executives to use the corporate jet as their personal taxi for things like commuting or weekend trips. And, speaking of hand-outs, what would you call the tax gross-ups that many companies provide top executives to &#8220;make them whole&#8221; for their personal use? Thankfully, many companies have begun to rethink their policies on gross-ups. But there are still plenty of companies that provide them, judging from the recent crop of filings.</p>
<p>Finally, your comment that &#8220;Do you really think a company would invest in a jet if it wouldn’t make them money&#8221; shows that you&#8217;re more interested in political rants &#8212; something we try to avoid here on the site &#8212; as opposed to discussing the issue in a rational way that shows you understand the basic fundamentals of corporate finance. The bottom line is that corporate jets can be incredibly beneficial and that they do provide jobs to the people who make and service them. But that doesn&#8217;t mean they&#8217;re always used in a way that enhances shareholder value, which, last time I checked, was a basic tenet of free markets.</p>
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		<title>By: Todd Phillips</title>
		<link>http://www.footnoted.com/perk-city/motorolas-growing-fleet/comment-page-1/#comment-8780</link>
		<dc:creator>Todd Phillips</dc:creator>
		<pubDate>Tue, 16 Jun 2009 19:57:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.footnoted.com/?p=3844#comment-8780</guid>
		<description>What is really sad is all of you bleeding hearts crying about biz jets and their use. This is a capitalist country HELLO! The American dream is not to sit on your ass and ask for handouts but to get out and work your ass off and succeed. Every major corporation in the US and over-seas has one jet if not more. It&#039;s not about excess but opportunity. You all know the saying that the early bird gets the worm. Well in the corporate world the first one to the customer wins and in today’s world there are so many places that a commercial jet can not reach but biz jets can. While the majority of you idiots prefer to believe what Obama said do you also realize that he flies the wings off of Air Force One? Do you really think a company would invest in a jet if it wouldn’t make them money. CEO&#039;s do not get promoted because they are dumb. People need to understand what the private jet or biz jet does. Have you ever stopped to think that these are the same jets that transport critically ill patients or donor organs all across this great nation? I didn’t think so. Do you realize that the National Special Olympics would not be possible if was not for the Cessna Citations that do a massive airlift to get all of the athletes to the games at no cost to the families. Or that Cessna takes terminally ill kids to places that they would other wise are not able to go? Thanks to the uninformed Mr. Obama. The perception that owning and using a biz jet is a bad thing has cost thousands of people their jobs. From the factory worker to the office personnel of the aircraft manufacturers and it doesn’t stop there where do you think the millions of parts come from? That’s right other companies that can not survive without them and it doesn’t stop there all of these families that no longer have jobs can not buy cars or houses or pay for the same. I think it is up to a company and it shareholders to police its exec’s and if folds so be it. I also believe that there shouldn’t be any handouts for poor business practices either.</description>
		<content:encoded><![CDATA[<p>What is really sad is all of you bleeding hearts crying about biz jets and their use. This is a capitalist country HELLO! The American dream is not to sit on your ass and ask for handouts but to get out and work your ass off and succeed. Every major corporation in the US and over-seas has one jet if not more. It&#8217;s not about excess but opportunity. You all know the saying that the early bird gets the worm. Well in the corporate world the first one to the customer wins and in today’s world there are so many places that a commercial jet can not reach but biz jets can. While the majority of you idiots prefer to believe what Obama said do you also realize that he flies the wings off of Air Force One? Do you really think a company would invest in a jet if it wouldn’t make them money. CEO&#8217;s do not get promoted because they are dumb. People need to understand what the private jet or biz jet does. Have you ever stopped to think that these are the same jets that transport critically ill patients or donor organs all across this great nation? I didn’t think so. Do you realize that the National Special Olympics would not be possible if was not for the Cessna Citations that do a massive airlift to get all of the athletes to the games at no cost to the families. Or that Cessna takes terminally ill kids to places that they would other wise are not able to go? Thanks to the uninformed Mr. Obama. The perception that owning and using a biz jet is a bad thing has cost thousands of people their jobs. From the factory worker to the office personnel of the aircraft manufacturers and it doesn’t stop there where do you think the millions of parts come from? That’s right other companies that can not survive without them and it doesn’t stop there all of these families that no longer have jobs can not buy cars or houses or pay for the same. I think it is up to a company and it shareholders to police its exec’s and if folds so be it. I also believe that there shouldn’t be any handouts for poor business practices either.</p>
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