I'm all for more jets for the big Corporations because it means more jobs for the likes of those who frequent this website.
Nothing wrong with jets....
IF....you have substantial overseas operations (or your home-turf is the size of the US or Australia).
Tesco have neither.
HQ is the UK. You don't need private jets to get around the UK.
And as highlighted earlier, their overseas ops are dwindling
"65-70% of their revenues come from the UK, they've dumped their US & Japanese ventures and scaled back in China"
Thus Tesco do not need jets.
Tesco's will recover in time and you'll make money on your shares
I admire your rose-tinted spectacles in the face of a share that's been on the decline for two years (although they really never made back their post-crisis peak of 450 in April 2010, let alone their pre-crisis peak of 491... so they've really been declining since then, its just the down-trend has gotten stronger during 2013/2014) and is down almost 50% year to date to a level that's lower than the lows of the 2008 crisis where they bottomed at 291....their present low was last seen in 2003 !
Given Tesco either underestimated or failed to see the German invasion (Aldi & Lidl), and instead persisted on their land-grab the writing is very much on the cards for Tesco. They're unlikely to disappear of course, but "modest" (to put it politely) performance is likely to be the order of the day for the foreseeable future ....
In the non-food space Tesco also seem to have underestimated how powerful the internet would become.
Poor share performance is going to be the way for a number of years, certainly no prospect of anything happening 2015/2016/2017 given they've just had a change of both CEO and CFO who will need to get their heads around what's going on. So if you're going to be buying Tesco shares you'd better be young and hiding those shares at the bottom of your pension pot SIPP and hoping the shares do something by the time you retire !
Personally I wouldn't touch Tesco shares with a bargepole ....there are much better risk/reward options for picking shares that will provide a reward in a much shorter timeframe than the 10+ years Tesco are likely to need !
Even Warren Buffet recently described his substantial investment in Tesco as a "huge mistake".