Snakum
How's your marmott?
- Joined
- Feb 21, 2002
- Posts
- 2,090
Yeah ... think that's logical. Does anyone know, or have an opinion as to, how a company/division like FlexJet would be dismantled if it proved to no longer be profitable for it's parent? I certainly hope that doesn't happen in this case and having met FlexJet pilots my opnion is that they're a great group of guys - very personable and gladly answered all my beginner questions and I'd be honored to work with them one day - and I hope Flex pulls thru and everything's back to normal quickly. But if a parent company (Raytheon, W. Buffet's group, etc.) did need to divest themselves of a fractional operation, how would that most likely be handled? Would they sell it, or is that even an option in today's climate? Or would they liquidate the assets? I'd imagine they couldn't due to the customer contracts, and would need to divest incrementally as contracts terminated and hopefully furlough in seniority order. Just curious.
On another note, I know another Bombardier engineer who worked on the CRJ project before it was a CRJ and learned alot of interesting stuff about the aircraft. He (an Aero Engineer/Designer - Structural; orginally from Egypt, now a Canadian citizen) said that the CRJ began as a replacement for the Falcon 20s that FedEx started flying with. But that in the end it wasn't going to meet design specs (if I remember correctly) and so Regional/National airlines were approached with it. The rest, as they say, is history, for better or worse, depending on your view. I'd always heard that it was designed by Bill Lear as a business jet from day one. Anyone know?
Thanks for indulging my curiosity ...
Minh
On another note, I know another Bombardier engineer who worked on the CRJ project before it was a CRJ and learned alot of interesting stuff about the aircraft. He (an Aero Engineer/Designer - Structural; orginally from Egypt, now a Canadian citizen) said that the CRJ began as a replacement for the Falcon 20s that FedEx started flying with. But that in the end it wasn't going to meet design specs (if I remember correctly) and so Regional/National airlines were approached with it. The rest, as they say, is history, for better or worse, depending on your view. I'd always heard that it was designed by Bill Lear as a business jet from day one. Anyone know?
Thanks for indulging my curiosity ...
Minh
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