Starbucks Puts The Corporate Jet Up For Sale

by Deidre Woollard (RSS feed)
Jan 29th 2009 at 11:02PM

Well that was fast, Starbucks had their new corporate jet for less than a month before succumbing to economic pressures and putting it up for sale. Aero-News Network reports that the company had less than 20 flights on the new Gulfstream G550 before putting it up for sale with Avpro. The news comes as Starbucks reported lower earnings and plans to close more stores.

The $45 million Gulfstream 550 was ordered four years ago during boom times for the coffee company. Unlike Citigroup and other companies on the hot seat for private jet usage, Starbucks hasn't asked for federal funds. The company has also been trying to sell off its Gulfstream G-V. Now Starbucks just has to find a willing buyer.

Tags: corporate jet, CorporateJet, gulfstream 550, Gulfstream550, private plane, PrivatePlane, starbucks

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fASHION mINUTE Jan 30th 2009 2:17AM

Tsk, tsk. Hard to believe. I think it's a PR stunt: in Vancouver Starbunkles seems to be thriving to such an extent that on literally, DOZENS, of intersections, TWO Starbucks can be found kitty corner to one another.

xox,
fASHIONmINUTE.blogspot.com

DR.VEGAS Jan 30th 2009 12:54PM

I'll happily babysit the plane as the company tries to sell it.You have to put the plane physically where the "deep pockets" play: MIAMI...VEGAS...GOLD COAST...BALI...HONG KONG...SINGAPORE...SEYCHELLES...DUBAI.Mr.Schultz...I offer my services as a traveling bon vivant/planesitter to effect a quick sale.I will of course need a travel stipend...and 3% commish on sale.I think it best that I be seen getting off the plane with supermodels.Nothing like a good staging to move that puppy. ;^D

DR.VEGAS Jan 30th 2009 12:54PM

Just in case Mr. Schultz:

http://www.fightseen.tv/

I do look fabulous stepping off planes.

colin Jan 30th 2009 12:28PM

there was a report just out though that they plan to close about 700 stores, its like that here too theres one half a block from my house and another a block further. not to mention 2 other local shops, they REALLY over built

Fred116 Feb 1st 2009 5:59AM

I have no problem with Starbucks or the big three having private jets, they are paying for them so what is the big deal? I do have a problem with our leaders having them, they do not pay for them, we do. I think all public officials should be forced to fly on the nation's airlines and fly in coach only! Who in the hell do they think they are? They are supposed to be working for us!