Let the rumours FLY ....

[hangarrat]

Why is this thread continuing?

This interview was garbage.

This is Flight Info, home to useless chatter about absolutely nothing. My guess is we can watch this grow by another 5 or 6 pages.

Btw, imho - my money is on Marquis. It only makes sense, fills the seats, the middleman is removed, no planes or pilots to take on, there is potential for lowering price and still adding profitability.

But what do I know? I post on Flight Info!

 

[gutshotdraw]

This is Flight Info, home to useless chatter about absolutely nothing. My guess is we can watch this grow by another 5 or 6 pages.

Btw, imho - my money is on Marquis. It only makes sense, fills the seats, the middleman is removed, no planes or pilots to take on, there is potential for lowering price and still adding profitability.

But what do I know? I post on Flight Info!

Could be Marquis, but NJ won't take on planes or pilots if it's Flops either.

 

[EdAtTheAirport]

Hey Dooker, are you J.O., H.S., or J.S.?

 

[gutshotdraw]

Okay. NJAOwner is right again. It is Marquis. Not sure how that helps the company "grow" but it will keep more of future revenue "in house." The company will be one step closer to operational profitability which is the critical goal right now.

There really is a reason why NJAOwner rides in back and I just push the damn throttles....

 

[fischman]

Okay. NJAOwner is right again. It is Marquis. Not sure how that helps the company "grow" but it will keep more of future revenue "in house." The company will be one step closer to operational profitability which is the critical goal right now.

There really is a reason why NJAOwner rides in back and I just push the damn throttles....

Lucky bastard.

"positive rate. gear up."

 

[fly4funcrj]

And where was this announcement?

 

[gutshotdraw]

No official announcement yet. Just some info from a source I trust that hasn't been wrong in nine years.

 

[jonjuan]

Just some info from a source I trust that hasn't been wrong in nine years.

Your wife?

 

[Jack Campbell]

No official announcement yet. Just some info from a source I trust that hasn't been wrong in nine years.

Did your source say when to expect the announcement?

The purchase of Marquis would not increase the traffic there, but the increased income would be great. Ever since the announcement of a 1/32 share, I have seen the handwriting on the wall for Marquis to be bought by NJA.

 

[amaineiac]

No official announcement yet. Just some info from a source I trust that hasn't been wrong in nine years.

What's he saying about recalls, or do I not even want to know? :laugh:

 

[gutshotdraw]

Even his crystal ball is a little fuzzy on that one. Mine is cracked...

 

[Trash8Mofo]

That is exactly what DS promised when he came on board: To transform Netjets from a family business to a Corporate business. There were a lot of "paying back" under RTS to people and businesses that helped RTS built Netjets. Well, the paying back is over and all the middlemen (Marquis), over charged catering/limo services/FBO/etc etc would have to be re-evaluated.

My guess is once the streamlining is over, Netjets would push out some very aggressive and competitive cards/ownership plans, which will make our competitors ask themselves "why are we in the fractional business? aren't we an airplane manufacturer?"

Consolidation may happen then under 2 circumstances:
1) A competitor on the verge on going Ch.7, and Netjets may play the white knight and avoid giving fractional a bad name, and at the same time scoop up some entry level customers.

2) The advantages of having a fractional as a Trojan horse is outweighed by the distraction and financial burden to the manufacturers.

So I don't see any recalls until 1 or 2 happened, or Dow shoots up past 15K. IMHO.

 

[NJAowner]

My guess is #1 won't happen. NJ does not need to save from getting a bad name. If a competitor it just further reinforces the marketing campaign of "stability" and "a BH company".

BTW, a bankruptcy of a fractional, who may go out of business is a real black hole for an owner. Worst case scenario, at the end of the proceedings, an owner owns 1/8 of a jet with many other people he doesn't even know, and they could (but probably not) be left on their own. Scarry.

 

[glasspilot]

I would imagine that if a frac went chapter 7 that the owners of the aircraft would be treated like a married couple getting a divorce.

If the parties agree on what to do then fine...do that (keep it, one buys the others out, sell it, whatever).

If they don't agree then a judge could just order the asset sold and split the proceeds. Might be a problem if one or more owners have financed their share and are upside down as the lender would surely have a problem with the collateral going away. But this sort of thing must have happened before (time shares or whatever) so there should be precedent on what would happen in that case.

Does that sound about right?

 

[CRAWDADDY]

I'm for renaming the merged company: Flexible Executive Travel Options