ksu_aviator
GO CATS
- Joined
- Dec 1, 2001
- Posts
- 1,327
As far as the business model goes, it probably plays a part in the demise of companies with a smaller market share. There is a lot of uncompensated flying that is difficult to cover if you don't have some major funding to hold you over. I have no doubt that Citation Shares, Netjets, Avantair and FlexJet can normally survive a short term economic down turn. But this prolonged difficult stretch has put all four companies in a bad spot. Some worse than others. They'll all recover (if they are still around) when the economy finally picks up again, but I'm betting they'll make some changes to guard against another prolonged difficult economy.