As I see it Flexjet is all smoke and mirrors!
If a company produces and maintains it's planes along with supplying it's own training to employees the cost is only the bare minimum not what they charge i.e.. Wholesale vs. Retail.
From what I understand the parent company Bombardier charges Flexjet full price and then some for everything! This is hidden profit in that they are taking from one ledger pad and putting it on others so it's harder to see. With the way things are going at Bombardier Flexjet is it's life blood keeping them afloat.
Flex will only bleed red ink when Bombardier needs to keep the employees in line
If a company produces and maintains it's planes along with supplying it's own training to employees the cost is only the bare minimum not what they charge i.e.. Wholesale vs. Retail.
From what I understand the parent company Bombardier charges Flexjet full price and then some for everything! This is hidden profit in that they are taking from one ledger pad and putting it on others so it's harder to see. With the way things are going at Bombardier Flexjet is it's life blood keeping them afloat.
Flex will only bleed red ink when Bombardier needs to keep the employees in line