Citation Shares: After 10 year $103,000?

FRACTRASH · Jul 11, 2006

As for Cessna starting Citationshares, there's one reason and one reason only, they could make more money and have more control over the operation in the long run.

gunfyter · Jul 11, 2006

But the article says they lost money every year. Wouldn't it have been better to let NJA lose that money? While Cessna collected profits from the aircraft sales?

FLYLOW22 · Jul 11, 2006

FRACTRASH said:
If the fractional industry is a failed business model, then we're all in trouble, union or not.

Agreed. I'd rather be more comfortable until the end though if that's the case.

Existing on life support is not my style. I did my time eating PB&Js and Ramens while management ate caviar while washing it down with Dom while looking for their golden parachute made out of labor pensions and concessions. If we're going down, we're ALL going down togehter; labor AND management.

...or we can run a good tight ship (and be profitable) while making mutual sacrifices.

Guitar rocker · Jul 12, 2006

FRACTRASH said:
As for Cessna starting Citationshares, there's one reason and one reason only, they could make more money and have more control over the operation in the long run.

Trash, one of your senior mgmt folks said in the Wichita Eagle that CS hasnt made $$$ for 7 yrs. I'll try and find the link here in a bit.....

FLYLOW22 · Jul 12, 2006

Guitar rocker said:
Trash, one of your senior mgmt folks said in the Wichita Eagle that CS hasnt made $$$ for 7 yrs. I'll try and find the link here in a bit.....

Latest AIN on the frax.

Guitar rocker · Jul 12, 2006

FLYLOW22 said:
Latest AIN on the frax.

Thanks dude...I know I saw it in the Wichita local paper, didnt know it was in AIN as well.

brokeflyer · Jul 15, 2006

HOPEFULLY, in the near future, all of us in fractional business will realize that it's us against the management. The bickering that goes on between pilots about "who's the best fractional" reminds me of days in 5th grade.

Until we all pull together and work as a team of pilots, regardless of who we work for then we will be treated just like kids.

Managene has a problem.....first thing they do is go to the group of people they can push around......US