FUD at Flight Options

[fischman]

Tell me, what is a CEO worth?

Did he run his company into the ground financially?

If so, $0

 

[CA1900]

Perhaps these worthless airline CEOs need a negative bonus when they screw a company up so badly that it goes bankrupt. Just make it payable directly to the employees they screwed.

 

[realityman]

Thanks again for the interesting articles dime line.

Yep. Sure looks like those pesky unions are the troubles of all those airlines. But hey, it's a necessary thing for labor to take a good swift kick to the pills, as long as it keeps the company afloat and the executives in bonuses, eh B19?:erm:

 

[400pilot]

This cat has not responded to one thing I've said......I am hurt....

 

[fischman]

This cat has not responded to one thing I've said......I am hurt....

You get used to it after a while...

 

[B19 Flyer]

Did he run his company into the ground financially?

If so, $0

Arpey, Tilton and Mullen all recorded record airline profits between '97 and 2000.

 

[B19 Flyer]

This cat has not responded to one thing I've said......I am hurt....

Don't be, I only spend 10 minutes a day on this board and there is so much mis-information posted it's hard to answer all. Kinda like Santa Claus...:laugh:

 

[B19 Flyer]

Because you type it does not make it so. :nuts:

91K did not make SUCH a drastic change that it redefined the industry. Did it create changes? Sure. Is it worthy of a "new" industry? No!!!

This is a simple yes or no question. Did NetJets exist before 2005? PLEASE. PLEASE. PLEASE. Keep it simple. Yes or no.

NETJETS did exist, but the cost structure was considerably different before Feb of 2005.

Part 91 is VERY different from 91K. Rest rules alone brought with it enormous cost.

There were no manuals required for 91K, there were no standards for training or maintenance.

There was no oversight or assigned positions such as a Director of Maintenance, Program Manager or Chief Pilot.

There was no oversight from the FAA.

How can you say there were no changes of financial cost?

And one last thing. NJ was only one carrier. How many pseudo fractional carriers were out there acting as fracs when they were nothing more then a 91 operation?

There are only 18 today.

 

[realityman]

Yeah, but the problem is you're posting most of it!

 

[realityman]

Actually, as someone has pointed ALREADY, and where you seem to have selective reading on this board, is that Netjets was operating under 91 AND 135 prior to 91K.

And the other major frac players had modeled their programs after ours, as well as having their own 135 certificates. So very little changed for all of us with the advent of 91K, other than a few runway length restrictions and weather requirements.

Please be specific where any of the major frac players costs have gone up considerably because of 91K.

As for all the little guys out there, I can't speak for them, but I've made it a point to keep up with the frac industry (I do have a vested interest in it) since starting in it 11 years ago, and if there are 18 frac operators today, the industry is doing better than it ever has!