This is good......you have zero knowledge about what you speak.It IS a different cost structure, and NJ is not the only fractional in the industry. Which part of it are YOU not getting?
If you are so sure and know so much about this then why don't you answer the questions from my previous post. Here they are so you don't have to look...
Answer these questions....
Specifically, what is the difference between the cost structure prior to 02/2005 and today?The fractional industry did not begin with it's current cost structure until February of 2005.
If your answer is additional cost of being regulated, then my next question in response to...
Specifically, what additional costs(line items and amounts) are being incurred now that were not being incurred prior to 02/2005?Thus, any profits that were made did not take into account the additional cost of being regulated;
Also, which regulatory changes have resulted in higher expenses to these companies?
We were talking about NJ success with their union, to which you responded by trying to say that their success is not relevant due to change in cost structure of the industry. You are trying to deflect the issue by creating an issue (industry change.)It's not all about NJ, if it was, let's just combine all of them and be done with it.
Reading these posts have me convinced that you are not BT. Even he isn't this ignorant about his own industry....
Last edited: