Netjets Announces Aircraft Order

[gutshotdraw]

Mmmmmmmm. Daddy like hotcakes. Globals, not so much....

 

[CL300Pilot]

So what is the Netjets version of the 300?

Not sure about the Global, but I've seen the Netjets version of the 300. Very impressive airplane. If we can sell them at a price point similar to Options, I do believe they will sell .. like hot cakes.

 

[rajflyboy]

Not sure about the Global, but I've seen the Netjets version of the 300. Very impressive airplane. If we can sell them at a price point similar to Options, I do believe they will sell .. like hot cakes.

Netjets will sell 150 of them no problem.

after all........ aircraft sales is 1/3rd of the profits of a fractional aircraft company.

Profits come from:

1. Monthly Management Fee's
2. Aircraft hourly fee's
3. "AIRCRAFT SALES"

 

[gret]

Don't you mean revenues?

Doubtful that there are any any profits in the mgmt and hourly fees.

 

[gutshotdraw]

Don't you mean revenues?

Doubtful that there are any any profits in the mgmt and hourly fees.

Aircraft returns exceeded aircraft sales net/net last year and we posted better than $200 million in profit so, yea, I'd say there is profit to be had in monthly management and occupied hourly fees. Not saying the books might not have been cooked a tad, however....

 

[brokeflyer]

books might not have been cooked a tad, however....

sokol would never do that....he's a man of integrity and deserves our respect.

 

[ozpilot]

sokol would never do that....he's a man of integrity and deserves our respect.

:laugh:

 

[rajflyboy]

Don't you mean revenues?

Doubtful that there are any any profits in the mgmt and hourly fees.

You are right.

Revenue which will hopefully end up as a profit

 

[NJAowner]

I've seen the Netjets version of the 300. Very impressive airplane. If we can sell them at a price point similar to Options, I do believe they will sell .. like hot cakes.

But that is the issue for NJA. The NJA Phenom costs 20+% more than a new FO Phenom, plus over $1000+ extra per hour more than FO in monthly and hourly fees. Plus FO has outfitted the cabin with 7 seats vs. NJA 6 seats.

At the Phenom's price point, these are huge differences.

 

[ghostrider64]

NJAOwner are you familiar with the recent GIV crash in France? I'm certain a charter by that company would be cheaper that both XO or NJA. Especially considering they had a CAPT on the plane that worked there several months for FREE.....

Sometimes paying more makes sense, especially when you know the crew flying, has no pressure to takeoff, if there is the least bit of concern over the flight being conducted safely, to include a no questions asked fatigued policy. That policy doesn't exist anywhere else in the industry, despite some operators telling you their crews won't fly tired...

But hey, money is money....

 

[gret]

NJAOwner are you familiar with the recent GIV crash in France? I'm certain a charter by that company would be cheaper that both XO or NJA. Especially considering they had a CAPT on the plane that worked there several months for FREE.....

Sometimes paying more makes sense, especially when you know the crew flying, has no pressure to takeoff, if there is the least bit of concern over the flight being conducted safely, to include a no questions asked fatigued policy. That policy doesn't exist anywhere else in the industry, despite some operators telling you their crews won't fly tired...

But hey, money is money....

Was Universal Jet Aviation an approved charter vendor for NJ or EJM?

NetJets doesn't have the market on safety cornered and you may be whistling past the graveyard with your comments.

You are also out of line with three people dead and attempting to capitalize on this sad fact. A little class at a time like this may be in order.

 

[NJAowner]

Ghost -- if you have read any of my posts I believe that to some extent -- you get what you pay of run aviation -- mainly in that the cheapest usually leaves something on the table somewhere. By the same token, there is no guarantee that the most expensive is the best either. In the totality of private aviation, XO, FO, Flex are in the high price end of the spectrum -- just not as expensive as NJA.

NJA does not have the market cornered on safety. NJA does apply a "cost to benefit ratio" analysis of when to do certain maintenance and repairs on its aircraft - it is not always safety first no matter what the cost. If that was the case NJA would immediately ground every fleet when a directive was issued and immediately make that repair before flying another owner, regardless of cost.

And as I brought up a month ago and got blasted, in I have found that FO and XO pilots are by a far margin more in compliance with the Part 135 pilot oxygen requirements than NJ pilots. I know the rule may not make sense, I now it is extremely uncomfortable, etc., but it is still the law and pilots still make the individual decision not to comply with it, and that widespread non-compliance is sanctioned by management. So please do not think NJA has the market cornered on safety.

After well more than 10 years drinking at the "kool aid" trough, my eyes are now more open.

 

[CA1900]

... it is still the law and pilots still make the individual decision not to comply with it, and that widespread non-compliance is sanctioned by management.

While I can't speak to any company-wide compliance issue as I only know what I see in my own cockpit, I can state that the last part is simply incorrect. Quite the opposite, in fact, and the issue has been discussed at virtually every training event I've attended. There's no "wink wink" or anything like that -- they're reiterating that it's the rule. Not sure where you got the idea that management sanctions noncompliance, as that's just not the case.

 

[ghostrider64]

NJAOwner...

I've no information on what you see in the cockpit with regards to Oxygen use. However you seem to understand regulations and are free to,ask the crew to comply at any time.

However I know for a fact that running crews for weeks on end leaves a lot on the safety table. XOJet allows crew to work 14 straight days, sound safe to you? Sleep deprivation is a major contributor to many accidents, not too mention inner crew dynamics, personalities, that fray after many days together.

As for some that seem to think talking about pilots ending up dead is poor form, I say it's a fact of life in aviation. Our job is to try our best to mitigate it. I've know over 30 people who've died in aircraft accidents. If you can't accept talking openly about it you should move on, because tomorrow someone else will make the same mistakes they did if you don't talk about it....

 

[jonjuan]

I've been saying for years, NJAowner ain't no owner. Read between the lines, guys.....He used to work for NJA and now one of the others.....