Netjets Announces Aircraft Order

[FLYLOW22]

Welcomed news... I do hope they sell well.

 

[Lord Wakefield]

But what will the "fractional" business look like in a few years? It seems to be changing to more of a 135/managed model (i.e., like XOJet and Citation Air). I guess niche players like Avantair (growing fast) and Alpha Flying will be there due to their lower acquisition costs, can we say the same about the fractional Challenger/Gulfstream/Legacy operators? In Europe, operators like VistaJet (worldwide charter operator using Globals and CL605s) appear to be at least maintaining their operations - if not growing in other parts of the world. Will Netjets have to change its model to more of an XOJet model with fewer financial commitments from customers (i.e., must buy a 1/4 or 1/16th share to participate)? Morph to more of a Marquis Card model in the future?

Wonder if these planes will wind up at EJM? That seems to be the division they are promoting the most..

Well, one thing is for certain: if Obama wins another 4 years, and the economy continues to tank with no plans for a turnaround (with higher taxes for your key customers - the top 1%), the fractional business could sputter a lot faster than anyone expects.

I don't think it matters. After the Bilderberg meeting, they probably know who is going to be in the White House come January.

 

[CALRepublic]

Business is business... That much is a given. At this point, what appears to be a big win for Netjets is coming at a terrible price for crews at one of our mutual competitors.

Try to keep that in mind for future posts...

Remember... Karma's a b1tch...

So my company finally gives me something to feel good about and you want me apologize because it affects a competitor?

Next time something positive takes place at Avantair and YOU come on here and post, I'm going to give you s**t because that'd hurt the competition.

and not that I care , but what the hell did I say that offended you anyway?

 

[RP170]

Business is business... That much is a given. At this point, what appears to be a big win for Netjets is coming at a terrible price for crews at one of our mutual competitors.

Try to keep that in mind for future posts...

Remember... Karma's a b1tch...

As if NJA doesn't already have 495 pilots on furlough? Myself included. You don't have to be a jerk.

 

[RP170]

I don't think it matters. After the Bilderberg meeting, they probably know who is going to be in the White House come January.

I would bet they have a pretty strong gut feeling as to who will be in the White House or I doubt this large of an order would have been placed and I doubt it's Mr. Anti-Corporate Aviation.

 

[NJAowner]

Signing contracts for the purchase of new aircraft is great. However, signing contracts for the sale of those aircraft to owners is what is needed. Having the newest, greatest, most efficient fleet in the business means nothing if very few will fly it. The fact is to keep some owners, NJ is lengthening the age of its existing fleet as very few owners are willing to pony up new $$$ to buy a new share. For example, many Excels which were to be retired out of the fleet at 10 years have been extended to 15 years to keep the owners around for another 5 years instead of leaving the program.

 

[AftCG182]

So my company finally gives me something to feel good about and you want me apologize because it affects a competitor?

Next time something positive takes place at Avantair and YOU come on here and post, I'm going to give you s**t because that'd hurt the competition.

and not that I care , but what the hell did I say that offended you anyway?

You didn't say anything to offended me. Sorry if it came off that way. After re-reading my post, I can see how my words could be taken out of context.

I wasn't knocking the individual pilots in your group. But, with that whopper of an order, the entire Fractional dynamic as a whole will never be the same. Thank goodness our Piaggio fills a niche that won't be affected by the aircraft types in the press release.

 

[AftCG182]

As if NJA doesn't already have 495 pilots on furlough? Myself included. You don't have to be a jerk.

No disrespect was intended. I apologize if you were. Again, not my intent.

edit to add: My wishes all along have been for the Frac industry to have NO pilots on the street. Maybe this purchase might accellerate the return of some of the 495, but it's going to be at the cost of crews elsewhere. No net gain...

 

[jonjuan]

No disrespect was intended. I apologize if you were. Again, not my intent.

edit to add: My wishes all along have been for the Frac industry to have NO pilots on the street. Maybe this purchase might accellerate the return of some of the 495, but it's going to be at the cost of crews elsewhere. No net gain...

The existence of your company is responsible for a number of furloughs across the industry, in case you are dense. It is just business, however.

 

[AftCG182]

The existence of your company is responsible for a number of furloughs across the industry, in case you are dense. It is just business, however.

True. The difference is that we prospered through a superior product, combined with an efficient, publically traded, transparent business model. We didn't bully our way to domination thanks to the bottomless pockets of a financial backer.

As you reiterated, it IS just business. And, just as I did when CitationAir fell upon hard times, I'm going to offer a helping hand to anyone looking to avoid unemployment due to this fiasco. We're still hiring, albeit into a pool. PM me a resume and I'll help as much as I can.

Thanks-

 

[BentOver]

True. The difference is that we prospered through a superior product,

:erm:

 

[RP170]

:erm:

Exactly my thoughts.

 

[t-bone]

Any word on how many airframes get turned into Bombardier/Cessna for each new aircraft delivered?

 

[CE750Driver]

Exactly my thoughts.

LOL. Then you picked the wrong pony.

Netjets dominated. They won.

Even with the union.

All their competitors have been marginalized.

X-O, Avantair. They are always going to be small. Its their model.

Deal with it, and move on.

If, not. Explain how I am wrong.

 

[BentOver]

LOL. Then you picked the wrong pony.

Netjets dominated. They won.

Even with the union.

All their competitors have been marginalized.

X-O, Avantair. They are always going to be small. Its their model.

Deal with it, and move on.

If, not. Explain how I am wrong.

The phrase "out of left field" comes to mind... As in "what the heck are you talking about"? I'm fairly certain RP has worked at NJA