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June '10 Marquis Jet Card sales

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DieselDragRacer

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Joined
Apr 30, 2006
Posts
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They just said on Squawk Box that 320 Marquis Jet Cards were sold in June 2010 vs. 207 sold in June 2009, so card sales are 55%.

Also, June 2010 was the best month for Marquis Card sales since December 2008.
 
They just said on Squawk Box that 320 Marquis Jet Cards were sold in June 2010 vs. 207 sold in June 2009, so card sales are 55%.

Also, June 2010 was the best month for Marquis Card sales since December 2008.


Good News!

The salesman are doing a great job!!!
 
Did they say how many of those Marquis Cards were from people who backed out of their shares? Or how many were downgraded Cards? News has a way of being publicized but not in a completely candid way. If its good news, then that's great. I will wait to hear "the rest of the story".
 
They just said on Squawk Box that 320 Marquis Jet Cards were sold in June 2010 vs. 207 sold in June 2009, so card sales are 55%.

Also, June 2010 was the best month for Marquis Card sales since December 2008.

That's funny, it seems everytime someone from Marquis speaks on CNBC it always involves extremely positive spin and sales numbers. Don't forget these people are salesmen! The real question is how do these numbers compare to June 2008?
 
There was other good news that I won't specify here. For those with access to the Cor Comm messages, open last Friday's attachment (Netjets U.S. Monthly Dashboard-June 2010) and look at the improvements, even over forecast. Nothing earth shattering, but the trend continues in the right direction.
 
Today, they are primarily a fractional company. The real question is, what will they look like in 5 years? 10? 20?
 
He was asking a question, not making a statement. What's the problem?

A lot of people view the business model as an expensive prepaid charter operation.
 

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