Mega Merger Rumor

[DUATS]

I don't think there is much truth to it, but it gave me a laugh so I will share.

A Netjets captain told me that this week a merger will be announced, joining Flexjet, XOJet, Citationair, and Flight Options into one big happy family.

Right.........

 

[Pervis]

Rumor? I'd guess trolling looking for someone to bite and post it here.

 

[johnsonrod]

I don't think there is much truth to it, but it gave me a laugh so I will share.

A Netjets captain told me that this week a merger will be announced, joining Flexjet, XOJet, Citationair, and Flight Options into one big happy family.

Right.........

Pre-TMC deal I could have seen rationale behind an XOjet-Flexjet tie-up with the shared CL300 fleet (operational benefit). But they really offer two different business models, so, perhaps not.

Sounds like that Netjets guy was playing ya....

 

[gutshotdraw]

Sounds like that Netjets guy was playing ya....

Ya think?

Good for a chuckle though.

 

[208starcheck]

Fish on!!!

 

[gunfyter]

Was he carrying a stapler in his back pocket?

 

[brokeflyer]

I don't think there is much truth to it, but it gave me a laugh so I will share.

A Netjets captain told me that this week a merger will be announced, joining Flexjet, XOJet, Citationair, and Flight Options into one big happy family.

Right.........

then i heard netjets is gonna buy it all up and staple all the pilots to the bottom of NJ list.

 

[jonjuan]

then i heard netjets is gonna buy it all up and staple all the pilots to the bottom of NJ list.

So, they're now good enough to be on the list?

 

[rajflyboy]

I hear that Ford, Chevy and Dodge are merging. No more Muscle car battles in Motor trend magazine.

 

[gutshotdraw]

And the Republican Party and Democrat Party are going to merge.

Oh, wait....

 

[GooseHZ]

crack is bad.....ummmmkkkkk...

 

[gunfyter]

The way it goes down is like this:

Sentient takes over all sales for everyone from now on and contracts with Providers ...

There's your merger

 

[NoJoy]

Did he say if the 495 furloughed would benifit from this? hmmm

 

[T-1GUY]

I heard the 495 have purchased all of Netjet's competitors in order to buyout Netjets and permanently furlough J Hansell.

 

[gunfyter]

I think when management guys get furloughed they shave your head and give you a $ million per year pension ....

 

[DirtyBeech]

I merged with your mother last night Trebek.

 

[acaTerry]

And the Republican Party and Democrat Party are going to merge.

Oh, wait....

Might as well....repubs have become nothing more than "democrat lite".

 

[gutshotdraw]

Might as well....repubs have become nothing more than "democrat lite".

My point exactly. They are already merged...

 

[OHGOON]

Might as well....repubs have become nothing more than "democrat lite".

You really meant to say Democrats have become Republican lite...

 

[jonjuan]

You really meant to say Democrats have become Republican lite...

Nope-Republicans have become Democrat lite. The Repubs better start pandering more to the constituents who will get them elected in 2016 or it's Hillary-ville. If that happens, good luck to business and aviation.

 

[CALRepublic]

This right here is usually what a thread turns into when someone starts a thread based on a Bull$**t rumor they mighta heard (or made up)

 

[X-rated]

Anyone remember when meeting in the middle was considered Statesmanship? Now it's selling out your radical base. The politicians aren't the problem. You all need to take hard look in the mirror to see what's gone wrong with American Politics. Turn off the propaganda news channels MSNBC and FOX. They'd both make the hard-liner's in the former USSR weep with envy.

 

[justreading]

Thoughts from the back seat.

I have flown most of the fractionals, as well as independent card operators. Two things are consistent, pilots are always nice and professional, and pricing is never capable of making a profit. Assuming Avantair goes bankrupt, I will be out over $150,000 for failed private aviation operators. These companies, including Netjets prior to about 2 years ago, are ponzi schemes. Use the new clients to pay the bills for the old clients. The model works until there is a hiccup, and there is always a hiccup. The only way out is to raise prices and then the clients leave for the next too good to be true option (XOJet, JetSuite). Look at the XOJET board on this site. They are furloughing pilots. They quoted me a round trip for two total hours on a 400xp at $14,000. That is more expensive then NetJets. The Super-mid pricing has also been equal to or more expensive then NetJets. The companies mentioned in the original post are all either owned by manufacturers or Private Equity companies. They all need an exit. There are no other buyers, and they certainly cannot go public. I wish all the pilots on here the best, but until the whole industry gets to full pricing, they will likely whipsaw pilots around and waste clients money.

 

[learflyer]

Thoughts from the back seat.

I have flown most of the fractionals, as well as independent card operators. Two things are consistent, pilots are always nice and professional, and pricing is never capable of making a profit. Assuming Avantair goes bankrupt, I will be out over $150,000 for failed private aviation operators. These companies, including Netjets prior to about 2 years ago, are ponzi schemes. Use the new clients to pay the bills for the old clients. The model works until there is a hiccup, and there is always a hiccup. The only way out is to raise prices and then the clients leave for the next too good to be true option (XOJet, JetSuite). Look at the XOJET board on this site. They are furloughing pilots. They quoted me a round trip for two total hours on a 400xp at $14,000. That is more expensive then NetJets. The Super-mid pricing has also been equal to or more expensive then NetJets. The companies mentioned in the original post are all either owned by manufacturers or Private Equity companies. They all need an exit. There are no other buyers, and they certainly cannot go public. I wish all the pilots on here the best, but until the whole industry gets to full pricing, they will likely whipsaw pilots around and waste clients money.

XOJET doesn't have 400xp's.

 

[flyzimex]

XOJET doesn't have 400xp's.

Most likely through the partnership with TMC.

 

[propsarebest]

The 400XP quote that you got was a brokered trip for TMC. XOJET gets a cut.

 

[AftCG182]

Thoughts from the back seat... Assuming Avantair goes bankrupt, I will be out over $150,000 for failed private aviation operators.

You know what they say about assumptions, Sir!

 

[justreading]

You know what they say about assumptions, Sir!

They have breached every clients contract over and over for six months. Owners have stopped paying management fees (i'm the idiot that prepaid).

Bankrupt or bought out.

 

[justreading]

The 400XP quote that you got was a brokered trip for TMC. XOJET gets a cut.

Doesn't matter to the client. Turns them into an expensive charter broker.

 

[X-rated]

justreading,

You make some good points, but you have me a little confused. On one hand you say say the operators don't charge enough to cover their costs, and on the other, you complain they charge too much.

XOJET is brokering an open market charter for you and charging you a fee for doing so. I hate to be the one to tell you, but they really don't want your business on that trip. You say it's a round trip with a total of 2 hours flying. Nobody can make money on a 1 hour leg in a jet at least not with average hourly pricing. You want them to do two of them plus some standby time. The only reason NJA's pricing is better is because they can't charge you more for that trip because they charge by the hour. So, effectively someone else would be subsidizing your flying on those short trips. That's not the case with charter companies. They can charge you enough to make it worth their while or encourage you to go somewhere else.

If you're smart, you'll use several providers and solutions to minimize the cost of your flying and get guaranteed availability when you need it. NJAowner seems to have figured how to do it very well. Maybe he can help you do the same. It's a terrible business, but if you take the time to educate yourself and learn how to play the game, you can pay far less than your share on every leg by taking advantage of the different ways companies price trips.

Good Luck