Is Netjets going to buy flexjet?

[rajflyboy]

Only one company in the fractional business has a brand name. That would be netjets. Management will do what it takes to maintain the brand. Pilots will ditto that.

 

[fugazi]

They have a name brand because they spent 30 mil on advertising during the superbowl a few years ago. So now every jack wagon with a 100k in the bank thinks he can charter a fractional A/C. Smart way to further push those owners to XO jet and classy avantair.

 

[BentOver]

They have a name brand because they spent 30 mil on advertising during the superbowl a few years ago. So now every jack wagon with a 100k in the bank thinks he can charter a fractional A/C. Smart way to further push those owners to XO jet and classy avantair.

30 million huh... I suppose NJA marketing department is in direct contact with you and reveals how much they spent for a 30 sec add...

A 30 second add for this years Super Bowl cost roughly 3.5 million for halftime adds... I don't recall seeing 10+ adds for Netjets. And especially not during halftime.... Those spots are reserved for Budweiser, car companies, and porn...

Stay bitter, enjoy XO Jet, and when NJA is back to full strength make sure to submit that resume early:nuts:

 

[cldsfr79]

NJA isn't buying anyone. I'm just happy if the ship just keeps a steady keel during the storm. Another fractional would have to kindly ask us to take their owners.

Our issues:
1. $1.3 Billion in debt.
2. $650 million law suite with IRS over "ticket tax"
3. another $350 million suite with IRS over "excise tax"
4. 50+ Globals worth over $1 billion+ coming that need to be sold
5. 50+ Phenom 300s worth hundreds of millions that need to be sold
6. 100+ planes still parked with no owners.
7. NJ China starting up
8. A slow economy giving NJ stagnant growth to negative growth.

I think we have our hands full.

(all info is public knowledge)

 

[CALRepublic]

Flexjet is embarking on a new ad campaign, those don't come cheap....I don't think they're planing on being adquired by anybody

http://finance.yahoo.com/news/flexjet-gets-personal-brand-campaign-110200134.html

 

[nordo_2]

NJA isn't buying anyone. I'm just happy if the ship just keeps a steady keel during the storm. Another fractional would have to kindly ask us to take their owners.

Our issues:
1. $1.3 Billion in debt.
2. $650 million law suite with IRS over "ticket tax"
3. another $350 million suite with IRS over "excise tax"
4. 50+ Globals worth over $1 billion+ coming that need to be sold
5. 50+ Phenom 300s worth hundreds of millions that need to be sold
6. 100+ planes still parked with no owners.
7. NJ China starting up
8. A slow economy giving NJ stagnant growth to negative growth.

I think we have our hands full.

(all info is public knowledge)

Line 4 by itself looks unrealistic. How many G5s did NJ end up taking? Was it something like 5? Single digits. Even during the santuli hey day. My guess it will be a small fraction of Bombardier big jets actually making there way to NJ U.S.. The EMT will probably bait the pilot group for these things.

 

[CA1900]

Line 4 by itself looks unrealistic. How many G5s did NJ end up taking? Was it something like 5? Single digits.

Uhhh... no:

http://av-info.faa.gov/detail.asp?DSGN_CODE=DXTA&OPER_FAR=135&OPER_NAME=NETJETS+AVIATION+INC

 

[nordo_2]

Uhhh... no:

http://av-info.faa.gov/detail.asp?DSGN_CODE=DXTA&OPER_FAR=135&OPER_NAME=NETJETS+AVIATION+INC

Damn dawg. Dats alot...

 

[CA1900]

Yup. Between the G-IV and G-V series, that's 49 airplanes on the certificate -- even at one-for-one replacement as they age, the 50 Globals would about fill those slots. Hopefully it'll be more than that, but who knows?

 

[fischman]

I heard on good authority for a "reliable source" that NJA will be buying American Airlines.


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