Turbinehead
One Dot High
- Joined
- Jul 15, 2002
- Posts
- 174
Sales of Flexjet Shares Jumps Nearly a Third
Bolstered by the introduction of the new Bombardier Challenger 300 and Learjet 40, Flexjet experienced a 32-percent increase in the sale of shares in 2004 compared with the year before, the Dallas-based fractional ownership provider said. The Learjet 40 entered the Flexjet program in late January 2004, and the company said four are fully sold and the backlog continues to grow. The Flexjet Challenger 300 fleet is now at 10 aircraft and orders are booked for an additional seven aircraft. Bombardier subsidiary Flexjet said December was the strongest sales month it has seen in more than three years, and transactions completed during the fourth quarter were up more than 70 percent compared with the same period in 2003. Meanwhile, Flexjet said it is now the only fractional operator waiving repositioning fees when flying to and from the Caribbean and Bermuda. “It is common practice among all major fractional jet ownership programs to charge owners an amount, referred to as a ferry fee, when they fly to most destinations outside the U.S.,” said Flexjet. “This is to cover the cost of repositioning the aircraft back to the mainland or to send the aircraft to an international destination to pick up passengers.”
____________________
Kablaaammmm.
Funk master flex jet is kickin' some azz..
Bolstered by the introduction of the new Bombardier Challenger 300 and Learjet 40, Flexjet experienced a 32-percent increase in the sale of shares in 2004 compared with the year before, the Dallas-based fractional ownership provider said. The Learjet 40 entered the Flexjet program in late January 2004, and the company said four are fully sold and the backlog continues to grow. The Flexjet Challenger 300 fleet is now at 10 aircraft and orders are booked for an additional seven aircraft. Bombardier subsidiary Flexjet said December was the strongest sales month it has seen in more than three years, and transactions completed during the fourth quarter were up more than 70 percent compared with the same period in 2003. Meanwhile, Flexjet said it is now the only fractional operator waiving repositioning fees when flying to and from the Caribbean and Bermuda. “It is common practice among all major fractional jet ownership programs to charge owners an amount, referred to as a ferry fee, when they fly to most destinations outside the U.S.,” said Flexjet. “This is to cover the cost of repositioning the aircraft back to the mainland or to send the aircraft to an international destination to pick up passengers.”
____________________
Kablaaammmm.
Funk master flex jet is kickin' some azz..
