CitationAir How Much Longer

[rigger]

Anyone ask.....if your Card business is growing bigggggg and you decide to get rid of fractional and concentrate on managed/card business......how can you support the biggggggg card business with only 20 or so managed aircraft? Citationair owns zero aircraft? You think Cessna wants to own airplanes to just fly around????

 

[BentOver]

cards and the amount of people it takes to fill up one a/c is a reason I always heard that cards can only be used so much.... To many card owners puts too much pressure on the available fleet....

In NJA's case 32 cards to 1 airplane... You would need alot bigger core fleet to keep them all flying as promised. I was always told, or under the assumption, that too many card owners vs. owned a/c could turn out to be a bad thing..

That was my understanding of the detriment of the card.....

I may be off base here, just going by what I remembered

 

[surveypilot]

[FONT=Verdana, Arial, Helvetica, sans-serif]CitationAir Ceases Sales of Fractional Jet Shares[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]CitationAir has stopped selling fractional shares in new aircraft and ceased renewals for current fractional-share customers, the Cessna Aircraft subsidiary confirmed to AIN yesterday. Effective last week, “CitationAir will be streamlining our offerings to deliver those products in our portfolio that have demonstrated the greatest customer demand,” CitationAir president and CEO William Schultz wrote in an email sent to employees. “As a result, we are suspending sales of our Jet Share and Jet Access products and refocusing our efforts on our Jet Card and Jet Management lines of business.” Jet Share was the company’s traditional fractional share program; Jet Access was a jet membership program. Schultz said CitationAir will continue to honor existing contracts until they expire “and then will buy back the shares in accordance with our customers’ agreements.” Customers who want to stay with CitationAir would then need to transition to a jet card product, he noted. Analyzing the move, business aviation consultant Brian Foley said, “There are now fewer borders between fractional, aircraft management, jet cards and charter.” CitationAir “simply morphed into what the market wants…a successful branded charter/management model,” he said. Fractional consultant Michael Riegel of Fractional Insider views the move quite differently: “Card ownership cannot survive alone” since it is too “cost prohibitive.” He believes this transition will position Cessna potentially “to shut the business down, and quickly, within a couple of years.” [/FONT]

 

[G4dude]

Hire 'till you fire doesn't just apply to the airlines anymore.

But it can apply to companies who are presented with the spectre of a new union to worry about. I think that was the tipping point. Could be wrong, but that seems to be the most likely explanation for the abrupt change of direction.

 

[BentOver]

[FONT=Verdana, Arial, Helvetica, sans-serif]CitationAir Ceases Sales of Fractional Jet Shares[/FONT]

[FONT=Verdana, Arial, Helvetica, sans-serif]CitationAir has stopped selling fractional shares in new aircraft and ceased renewals for current fractional-share customers, the Cessna Aircraft subsidiary confirmed to AIN yesterday. Effective last week, “CitationAir will be streamlining our offerings to deliver those products in our portfolio that have demonstrated the greatest customer demand,” CitationAir president and CEO William Schultz wrote in an email sent to employees. “As a result, we are suspending sales of our Jet Share and Jet Access products and refocusing our efforts on our Jet Card and Jet Management lines of business.” Jet Share was the company’s traditional fractional share program; Jet Access was a jet membership program. Schultz said CitationAir will continue to honor existing contracts until they expire “and then will buy back the shares in accordance with our customers’ agreements.” Customers who want to stay with CitationAir would then need to transition to a jet card product, he noted. Analyzing the move, business aviation consultant Brian Foley said, “There are now fewer borders between fractional, aircraft management, jet cards and charter.” CitationAir “simply morphed into what the market wants…a successful branded charter/management model,” he said. Fractional consultant Michael Riegel of Fractional Insider views the move quite differently: “Card ownership cannot survive alone” since it is too “cost prohibitive.” He believes this transition will position Cessna potentially “to shut the business down, and quickly, within a couple of years.” [/FONT]

How is the jetcard any different than charter only pre-purchased????? I can go on any mom-and -pop charter website and they all offer a jet card of some sort....

 

[wacoflyr]

But it can apply to companies who are presented with the spectre of a new union to worry about. I think that was the tipping point. Could be wrong, but that seems to be the most likely explanation for the abrupt change of direction.

Would you just give it a rest? If the union was the problem, they would have just shut it all down.

We get it. You are too senior to worry about furloughs or union battles, and you don't care about the problems of other pilots. Most of us are parents, and we recognize your behavior. Now just go away.

 

[G4dude]

Would you just give it a rest? If the union was the problem, they would have just shut it all down.

We get it. You are too senior to worry about furloughs or union battles, and you don't care about the problems of other pilots. Most of us are parents, and we recognize your behavior. Now just go away.

I care about the problems of other pilots a lot, which is why I am generally anti union. My career was a disaster until I stumbled in to NetJets, so I have seen how difficult this career can be.

 

[BentOver]

Block him..I did..Although I wish you all would stop quoting him.. forces me to read what drivel he has written.. :laugh:

Ehhh, what does it matter, I somehow knew he would blame the Unions in some form.. funny thing is, he is a Union member criticizing Unions...Go figure

 

[imacdog]

He certainly does have a bit of a one-track mind.

 

[PCL_128]

WNever mind the fact that any loa is useless with a DAMN CONTRACT

You do realize that an LOA is a contract, right?

 

[The Dude Abides]

You do realize that an LOA is a contract, right?

No he/she doesn't, which makes me laugh and laugh. (Referring to Mr/Miss/Mrs. Rigger, of course.)

 

[The Dude Abides]

Anyone ask.....if your Card business is growing bigggggg and you decide to get rid of fractional and concentrate on managed/card business......how can you support the biggggggg card business with only 20 or so managed aircraft? Citationair owns zero aircraft? You think Cessna wants to own airplanes to just fly around????

Make a point please.

 

[The Dude Abides]

But it can apply to companies who are presented with the spectre of a new union to worry about. I think that was the tipping point. Could be wrong, but that seems to be the most likely explanation for the abrupt change of direction.

Wow. You're right. How come no one saw this but you? Union and CA have been working well together so far, they've made some substantial agreements, Cessna/Textron came in and, for some reason, want to see a profit; if the rumors are correct about the numbers they're committing suicide ; they've sent letters to owners, etc. One big charade just to get rid of a union that hasn't even gotten to economic issues yet.

You sold me, bentover, how do you block someone?

 

[The Dude Abides]

Yeah, I think the union busted the company, not the other way around. The threat of having to deal with a union caused Cessna to say bye bye.

Right, because Cessna has a lot to fear of working with a union of some 400 or so guys. They're new to dealing with unions so I guess I can understand that concern :-\

 

[BentOver]

hehe,, I forgot how to do it..It's in the user CP somewhere.....He's the only one I've blocked because it's obvious what he's trying to do....But he just comes off sounding ridiculous..... he's have a bit more credibility if he had some ability to reason.

 

[CE750Driver]

But it can apply to companies who are presented with the spectre of a new union to worry about. I think that was the tipping point. Could be wrong, but that seems to be the most likely explanation for the abrupt change of direction.

Yes, dont worry, it was the spectre of your attitude, that made your wife bang your neighbor. Not your schlong size that was the tipping point. That is the most likely explanation for that abrupt change of direction.

 

[7777]

Yeah, I think the union busted the company, not the other way around. The threat of having to deal with a union caused Cessna to say bye bye.

I agree. It is too coincidental to not be the case. I am certain the pro union crowd here will never admit it.....but, some folks just need to be kicked in the balls to convince them it is going to hurt.

CA was a great company. Now my friends there will be looking for another job.

 

[G4dude]

I agree. It is too coincidental to not be the case. I am certain the pro union crowd here will never admit it.....but, some folks just need to be kicked in the balls to convince them it is going to hurt.

CA was a great company. Now my friends there will be looking for another job.

Thank you. Now, you get to be blocked by the Crazies too! What a shame about a very nice company, which Cessna was planning to hang in there with until the union came along and tipped the balance. It is so obvious to me too.

 

[G4dude]

Yes, dont worry, it was the spectre of your attitude, that made your wife bang your neighbor. Not your schlong size that was the tipping point. That is the most likely explanation for that abrupt change of direction.

I so enjoy your reasoned responses. They remind me of a tiny dog barking furiously while safely behind a glass door. The union crazies embarrass themselves frequently without realizing it. Why not ease up on the rhetoric, CE750? We are just talking about stuff here, no harm intended. I would never say such things about you or the guys with whom I disagree. None of them are blocked, either.

 

[tdwnds1]

Despite all the rhetoric on both ends, you have to look at this from a purely business prospective. Fractional for CA has not nor has ever been profitable for the company even during the good times. The fact is that the new airiplane market remains depressed and fractional ownership reached a saturation point years ago. You have too many players in a stagnant (if not dead) market. CA had to change its business if it wants to stay at all viable. How this new business plan is going to work out is anyones guess. It is entirely possible that Textron wants to simply divest itself of the fractional/charter business as it sees it as a money loser.

Regardless, even one more pilot put out on the street yet another black eye on an already depressed industry. Theres some great people working there and I wish them the best of luck.