State of fractionals including NJA

[pilot22]

Interesting article dicussing NJA,CS,Flops etc.


http://www.ainonline.com/news/single-news-page/article/the-fractional-market/

 

[brokeflyer]

hasnt this been beaten to death already?

were all gonna be outta work. Or, we're not.

If anyone can ride this out it's NJ......glad I'm where im at. I feel bad for the others who aren't so fortunate.

 

[gunfyter]

Interesting article dicussing NJA,CS,Flops etc.


http://www.ainonline.com/news/single-news-page/article/the-fractional-market/

Yes interesting and looks not too bad for NJ ... but this is all pre-credit crisis ... or at least pre- they informed us we have a credit crisis.

 

[CALRepublic]

This makes feel good about my job, but I know everything can change in a New York minute.


"During the past year, NetJets, according to Parvaud’s numbers, tops the list in terms of the highest percentage of the total fleet sold to customers, with 95.5 percent. For such a large fleet, NetJets has a small core, only 4.5 percent of the total fleet. This is a good measure of how efficiently NetJets is operating, in that it is able to keep most of its fleet in customers’ hands, which leaves capital available for more important uses.

What is remarkable about the NetJets number is that like most other fractional companies, NetJets has reduced its outside charter needs considerably, even with such a small core fleet. Flights on subcontractor charter airplanes, according to John Colucci, executive v-p for sales, “are a tiny percentage of our flights. Our flying hours are not down at all; it’s more efficient use of the fleet than in the past.” On an average NetJets day with 500 flights, he added, it’s rare to see even one outside charter".

 

[RTRHD]

We are about to decrease our airlines bill also. We had a 91 ferry (3 NJA crew) just the other day. They we good guys we had fun.

 

[dudemize]

We are about to decrease our airlines bill also. We had a 91 ferry (3 NJA crew) just the other day. They we good guys we had fun.

RTS mentioned at recurrent a couple weeks ago that at some point it will be more economical to move crews around on company aircraft. It can't happen fast enough for me.

 

[wolfpackpilot]

We are about to decrease our airlines bill also. We had a 91 ferry (3 NJA crew) just the other day. They we good guys we had fun.

I always thought buying 15 Honda Jets and spreading them around the US having them on the EJM ticket would be a good idea for:

1. Training potential NetJets Pilots
2. Moving crews
3. Use as back-fill for NJA owners on very short flights

 

[ozpilot]

I always thought buying 15 Honda Jets and spreading them around the US having them on the EJM ticket would be a good idea for:

1. Training potential NetJets Pilots
2. Moving crews
3. Use as back-fill for NJA owners on very short flights

Wolf, we already have a fleet of VLJ's. Its called the Beechjet The only plane that shows tan lines when you take the engine covers off! As a matter of fact one of them is taking me home at the end of the day tomorrow.

 

[RTRHD]

RTS mentioned at recurrent a couple weeks ago that at some point it will be more economical to move crews around on company aircraft. It can't happen fast enough for me.

You can say that again. Would that not be cool cutting our airlines even by 30%.

 

[B727FA]

You can say that again. Would that not be cool cutting our airlines even by 30%.

Yeah, but we'd lose the miles.

 

[XTW]

The only plane that shows tan lines when you take the engine covers off!

Now that there is some funny shi t!:laugh:


X

 

[jonjuan]

I always thought buying 15 Honda Jets and spreading them around the US having them on the EJM ticket would be a good idea for:

1. Training potential NetJets Pilots
2. Moving crews
3. Use as back-fill for NJA owners on very short flights

Son, did you eat paint chips as a kid?

 

[Some guy]

Son, did you eat paint chips as a kid?

HAHA...Why?

 

[gunfyter]

I wonder how people in Corporate Flight Departments feel right now with the markets crashing?

I don't know much about that, but would think all the Fracs are a better place to be right now than many flight departments.

 

[NJAPLT]

I always thought buying 15 Honda Jets and spreading them around the US having them on the EJM ticket would be a good idea for:

1. Training potential NetJets Pilots
2. Moving crews
3. Use as back-fill for NJA owners on very short flights

Sigh.... Have we learned nothing from our airline brothers? I can't wait until there is a 8 seat VLJ to replace us Citation V pilots, just like the 90+ seat RJ's replaced mainline airline pilots......

If they want a fleet of planes (no matter the size) that could be used to move us or our owners, it should be NJA pilots flying them, not another group of pilots who might one day take our flying away.....

Oh, and I believe there is provisions in the current CBA for negotiating "VLJ" type aircraft, along with SSBJ aircraft, so both ends should be covered.