Detroit CEOs time valued at $0/hr

According to this AP article, Detroit CEOs save more than $15k by driving instead of flying to Washington D.C. One thing they neglect to factor in is the time required to drive. The 14+ hours of CEO travel time saved by flying is valued at $0 according to the article.

Is their time worth more than $1k/hr? I don’t know, but mine is definitely worth more than $0/hr.