Imissmypilot
Well-known member
- Joined
- Jan 13, 2006
- Posts
- 536
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Red Label is nithing but a FOK club to go for another Union decertification vote.. Kenn is giving out of seniority upgrades to mid and large cabin airplanes in exchange for no votes. Look at who is in that group. People like the overtime whore CK who received a phenom type with a 3000 training then after 3 rotations in the airplane he received a Legacy 500 red lable slot. CK was one of the original 4 that founded the inhouse puppet union for Kenn.
If I may clarify a bit: CK did not receive a Red Label slot. He and the other recent transfers to the 450/500 and the 300/350 transferred as new hire SIC's. They get no Red Label pay, bonuses, or special scheduling. They are in a RL fleet, so they get to do the RL work without the RL perks. And the way Flexjet is so incredibly PIC heavy, it will be a long long time before they will see the left seat of anything, even after SLI. I know most of those guys, and get the feeling that this was seen as just an opportunity to get off the sinking ship that is Flight Options. As far as Kenn trying to buy "no" votes, that probably won't work out for him. Except for 2 of them, (I think) the recent transfers are all MIGS, and after a year of doing coffee, papers, & ice for RL Captains for crappy Options pay, I'm pretty sure that they won't be changing their minds. I agree with you that the way they are handing out type ratings like candy is pretty crazy, but that appears to be the Flexjet way.
I truly believe pilots and owners are waking up to the scam of red label. Even an idiot can recognize we are losibg airplanes and customers. Fancy AIN articles aside, this place is going down in flames all due to one man's arrogance.
Are you talking about the article "Flex's business grows 20%"?
What a bunch of BS that was. He's boasting about taking customers from the competition. He talks about how half of his new business is people who switched from other fractionals, people "who used to patronized other fractional providers"
But he forgot to mention that he is undercutting everybody. He's selling Gulfstreams for Hawker prices in order to gain market share. He's bleeding red ink, but his clientele is growing. He's pulling a mesa airlines. I hope this scumbag doesn't start a race to the bottom in the frax industry, because that would not be good for anybody
It goes beyond the undercutting. It actually is delving into the category of scamagement's specialty: deceptive truth.
Go back and read the article with this thought in mind: Options is no longer selling shares. They will phase out in 5 years and roughly lose 20% a year to the Flexjet side. Ding ding ding. Every single Options customer we are converting to the Flexjet side is technically a new acquisition from the "competition".
Now here's the scary part: if you dive into the numbers closely, it would appear best case scenario is we are at stagnantion but the truth is probrably we are shrinking by a small but noticeable percentage.
And it's going to get worse. When owners start recognizing the inflated price of Red Label (and those are the only shares being sold according to sales) they are going to ask if it's really the smartest move. I could go on for quite a few paragraphs on why that is but if you don't understand why by now, me explaining it won't help.