Netjets and 200/barrel oil

[Ultra Grump]

We must crush them.:smash: :laugh:

I said this back in 2005 about the nature of business and it being in our (NJA's) best interest to drive Flex, CS, and FO out of business. Stand by for the bleeding hearts to whine about how it's bad to do that because pilots would lose their jobs. Boo hoo.

 

[blueridge71]

An article in Professional Pilot by Forecasting International predicts that oil prices will decline to and stabilize at about $60 per barrel over the next couple of years due to new refineries coming online. Take it for what its worth.

 

[learflyer]

I said this back in 2005 about the nature of business and it being in our (NJA's) best interest to drive Flex, CS, and FO out of business. Stand by for the bleeding hearts to whine about how it's bad to do that because pilots would lose their jobs. Boo hoo.

Umm, it is bad.

 

[CastofThousands]

The us vs. them mentality between management and pilots is counter productive. Let's at least give everyone the benefit of the doubt that we are all doing our best to move in the same direction.

Paddling on only one side of the canoe just makes you go in circles.

It's not us vs them. It's lead by example from the front lines; a brand within a brand.

I've had my fun here for the year.

All my best,

 

[Publishers]

One of the keys to most of these businesses is residual value and marketability of aircraft when useful life is over.
XO customers like the low cost for them to fly compared to the NJ profile. All that is well but XO puts a good many hours on the aircraft through charter. Somewhere down the line, these aircraft will be sold and at that point we will see how they did. The new financing will give XO the power on the supply side to be an NJ.
As to driving the others out of business, not going to happen as you are dealing with manufacturerers with a self interest.
$200 a gallon will slow things. Rich people are not impervious to slowdowns. Many of them got the wealth by paying strict attention to the dollar. Many who fly for business will cut it back. Real Estate developers, builders, trucking companies, etcc. are impacted and will continue to slow their spending.
As in cards, this not a time to fold them but to hold them.

 

[gunfyter]

Don't worry. Everything is under control:

Congresswoman threatens to nationalize oil industry
--WND--

​

 

[acaTerry]

Here's how bad it has gotten: Last tour, an owner, flying ALONE, turned down our beechjet because "it was too small for him". Looks like our owners are in real trouble here....

I really don't think the sky is falling....

 

[Voice Of Reason]

Here's how bad it has gotten: Last tour, an owner, flying ALONE, turned down our beechjet because "it was too small for him". Looks like our owners are in real trouble here....

I really don't think the sky is falling....

Kinda like all those people who bought all those McMansions they couldn't really justify to impress their "friends" they'd have over...then ended up foreclosing...Happens at EVERY level

 

[acaTerry]

Kinda like all those people who bought all those McMansions they couldn't really justify to impress their "friends" they'd have over...then ended up foreclosing...Happens at EVERY level

There's a difference here my friend...our pax CAN afford the things they buy.

 

[Voice Of Reason]

There's a difference here my friend...our pax CAN afford the things they buy.

Yeah... none of them own any of the big businesses that are tnking left and right as the dominoes fall in this economy.
Keep it up...I can't WAIT to dredge these posts back up again in a year or two.
The oblivious will fall the hardest....

 

[Hawker dude]

Yeah... none of them own any of the big businesses that are tnking left and right as the dominoes fall in this economy.
Keep it up...I can't WAIT to dredge these posts back up again in a year or two.
The oblivious will fall the hardest....

dude

here's how it works

Legacy carriers: Middle class

LCC: Trailer parks

private/fractional: Rich people

if the rich of this nation go under we would be in what they call a depression.