Economy up but fractionals flat

[rajflyboy]

Not much growth in the fractional business despite a relatively good economy/great stock market over the last 18 months.

Why is the big question?

 

[CALRepublic]

I read that too. I call BS on that

Remember 5 years ago, the norm was 350 revenue flights Thursdays, Fridays and Sundays?

These days I often see anywhere from 420-450 revenue legs T, F and Sundays. Lots of red and yellow on the calendar. Our sales team had another “ Great month”. But revenue is “flat”

kind of pissed me off. It’s like it’s never enough. It’s almost demoralizing

 

[rajflyboy]

But not many additional aircraft and a shrinking pilot group. Appears to be stagnant at best

 

[CALRepublic]

https://www.google.com/amp/s/www.th...om-berkshire-hathaway-annual-meeting-14580467

You can watch the short video or read the article.

 

[jonjuan]

I read that too. I call BS on that

Remember 5 years ago, the norm was 350 revenue flights Thursdays, Fridays and Sundays?

These days I often see anywhere from 420-450 revenue legs T, F and Sundays. Lots of red and yellow on the calendar. Our sales team had another “ Great month”. But revenue is “flat”

kind of pissed me off. It’s like it’s never enough. It’s almost demoralizing

Maybe companies buying growth? I.e. offering big $$$ incentives to bring new people on board or steal business from competitors, thereby shrinking profitability? Happens often with the discount major airlines (southwest, JetBlue, frontier, spirit, Allegient). Maybe also big training costs as pilots leave and new pilots with big incentives offered replace them?

 

[johnhite]

Fractional ownership industry in Hong Kong and Taiwan, for instance, a little while ago confessed that they have the extraordinarily frustrating producing results. A crackdown on defilement and a log jam in financial development prompted deals dropping by about half from 2015 to 2016. NetJets is in light of the organization's fast development, and extremely solid present the conveyance of new airplane, and anticipate another enormous year in 2018. NetJets in Europe offers machine proprietorship and NetJets International are set to profit by this solid market development.

 

[flexible]

Kenn Ricci has revolutionized the game.

A billionaire's versuon of robbing Peter to pay Paul. Fractionals aren't flat, the money is just being cleverly distributed. Ya gotta remember afterall, the man's actually a democrat and he can Clinton better than Bill and Hill ever could.

Kudos to him and all those who thought the union vote was about conservatives winning.

 

[gutshotdraw]

Fractional ownership industry in Hong Kong and Taiwan, for instance, a little while ago confessed that they have the extraordinarily frustrating producing results. A crackdown on defilement and a log jam in financial development prompted deals dropping by about half from 2015 to 2016. NetJets is in light of the organization's fast development, and extremely solid present the conveyance of new airplane, and anticipate another enormous year in 2018. NetJets in Europe offers machine proprietorship and NetJets International are set to profit by this solid market development.

Ummmmm....NetJets International doesn’t exist any more.

Sadly....

 

[johnhite]

What about NetJets Europe GmbH? And Executive Jet Management Europe based in Portugal?

 

[NJAowner]

I haven't studied the numbers and can only speak from my now experience (and that of friends and colleagues). The private aviation market was very different in the past few "up" portions of the economic cycles. There were not many excellent options years ago so fractional had large market share. The growth branded charter (XOJet, WheelsUp, etc.) has taken some business way from fractional.