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NJAOwner,
I always value your opinion and you make some interesting points but I also don't see Marquis as a "competitor." My money, if a deal happens at all, is on Options.
This thread really doesn't have significance until General Lee gives his opinion.
Funny you all assume it will be an aviation based company.
Maybe NJ brings Marquis in house. No change to the Marquis customers, no new aircraft, NJ already handles owners services and everything but marketing (and NJ salesmen already represent Marquis as well) and NJ can handle the card business.
Plus, my guess is Marquis has an issue with a mismatch of owning shares and having a multiyear commitment but only selling cards in 1 year (or less) pieces. Generally, it would be called a mismatch of maturities between your assets and liabilities. if this is true, NJ can buy Marquis on the cheap since Marquis would already have a huge liability to NJ.
Why can Marquis be bought for "very little"? If my sources are right, they make money, a lot of it as their overhead has been minimal, unless they have gone nuts and bought a lot of shares. If they bought shares, then they would have a lot of debt.
.
But how is this an expansion? We will fly the same people... not more?Wow, 3 pages before someone got it right. There is a reason that NJA owner sits in the back of the plane.
I'm guessing this will happen for pennies on the dollar.
There is other reasons this makes sense but I won't go onto that here.
Whoops-see post 26....You're a little slow...Wow, 3 pages before someone got it right. There is a reason that NJA owner sits in the back of the plane.
here.
But how is this an expansion? We will fly the same people... not more?![]()
I sure hope you guys have SCOPE in that fffffantastic contract of yours. Sure, maybe Netjets can buy someone like Avantair, and then use them more while they dump small citations and beechjets on your side. Yeah, that would be great! Good luck with that. Maybe then those Avantair guys can eat at Rudy's at TEB during every turn there. That would be worth it for them---those Salmon Sandwiches are tasty apparently.
Bye Bye--General Lee
Whoops-see post 26....You're a little slow...
But how is this an expansion? We will fly the same people... not more?![]()
You're an idiot and embarrassment to the other delta pilots. Maybe you shouldn't post anymore, it just makes you look ignorant.
Thanks Oscar the Grouch....Isn't Maury Povich on, or can't you go back to the golf course? Really, being retired doesn't suit you. Time for you to retire from this board, too.
Bye Bye--General Lee