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flexjet

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A little background on Fred Reid. When he left Delta he got a pretty good parachute, but it included a no compete clause. He got around that by working under a personal services contract to Richard Branson. The DOT did not like the top guy for a US airline being paid by a Brit. Watch out for him, he is very smart and capable, but do not trust him. Perhaps he will be like Crandal was at American. The pilots there always said "Yeah he"s a S*B, but he"s our S*B'.
 
Adding 5 More Cl300's This Year .....2 Of Them In Bdr On Their Final Checks To Certify Them, The Other 3 Sometime This Year....most Hires Are Going To The 300. The Rest Was Covered.
 
Fred Reid +Virgin Group-Bombardier=Virgin Flexjet!
 
The LR40/45 fleet is also slowly growing. Mostly replacements, but a few in net growth. The LR60 is mostly stagnant, replacing with the 60XR and same for the 604 being replaced by the 605,
 
Fred has huge plans for Flexjet not only becoming a market leader but also expanding Flexjet outside the United-states.
 
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Virgin Flexjet

Ever though that Reid is at Flexjet to pave the way for a Branson/Virgin buyout. Remember Penske? Bombardier may be tired of being the oil company's b**ch and just wants to make airplane, trains, and stuff. What up?
 
As far as Reid is concerned, we've heard nothing yet. It's to early in his tenure to tell. As usual it's all up to speculation.
On the general health of Flexjet, all seems well. I've heard that we've canceled future newhire classes, but that may be bad information, I just don't know.
Once again, it may be the time to buckle down and wait this one out. Keep your fingers crossed, were going to have to ride this boat to d&*k city.
On another note, many of our good friends are recieving furlough notices. Let's do our best to help each other out, through this mess. Whatever it is.
 

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