RIM Has To Sell One Of Its Corporate Jets

RIM Has To Sell One Of Its Corporate Jets

For sale: One corporate jet. Previous owner selling due to lack of cash flow brought on by poor business decisions, a failure to innovate and a perpetually delayed operating system. Condition: slightly used, some stains from where board members have cried themselves to sleep.

The Dassault Aviation SA (DSY) F50EX is worth roughly $US5.8 million off the shelf and it sports enough room for 9 passengers.

You know that times are getting tough at a company when they have to sell all of the mice things they once owned just to keep the lights on. Hopefully BB10 launches some time before they go bust and they can perhaps buy it back. [Bloomberg]

In Other News…

Meanwhile, The Australian is reporting that the boss of RIM Australia, Ray Gillenwater, is leaving the company on Friday.

He’s been in the job for all of five minutes, and now he’s leaving to “pursue other opportunities”. Matthew Ball is now back in the top job for the time being. It’s a seat he’s not unfamiliar with, as he looked after it three months ago in similar circumstances, when Adele Beachley also ran out on the company.

Poor RIM.