NetJets Payscale: 10 yr DA-2000 Capt.

[Gulfstream 200]

SW BERRY...since you want to throw stones..I know your ignorance certainly does not represent frac pilots as a whole.

lets just SUPPOSE here -

How about if a "make believe" company had 15 BILLION dollars in PROFIT (yes PROFIT numbnutz) last year? - based on 98 BILLION in revenue...

How much does a..say.. 20 million dollar flight department budget represent??

are you smart enough to do the math?


think about it genius....98 bil....to 20 mil....can you figure it out???

insignifigant.


SO..what do you think? not quite airline or frac stats huh, dip$hit?



You are out of your league. Best stick to things you know SOMETHING about...like perdiem and ..."the contract".....

 

[swberry]

think about it genius....98 bil....to 20 mil....can you figure it out???

insignifigant.


SO..what do you think? not quite airline or frac stats huh, dip$hit?



You are out of your league. Best stick to things you know SOMETHING about...like perdiem and ..."the contract".....

I know one thing Mr. High And Mighty. It ain't .042% and it ain't insignificant. Your numbers are bogus.

 

[Gulfstream 200]

bogus.....??...far from.





like I said, dont come here talking $HIT unless you can back it up boy!!






high and mighty? ...If you say so....!

 

[swberry]

If you choose to live in fantasy land then that is your option. I guess if I was in your position I would live on the outer limits of reality as well.

 

[Gulfstream 200]

thats what I thought..........

 

[swberry]

No, That is what I thought. Dream world..

 

[rice]

WTFO???

SWBERRY,

Man are you a tool or just abused as a child??
You show up with a few posts every couple of months and do nothing but piss and moan. Get a Life!!!

Look, all of us in the business know the score. NJA, and the other frac's have their place in the world but that is all it is "a place". I don't claim to much about the FRAC world and you most certainly "don't know Jack" about Falcon Capt. or G200's world.

So why don't you just pack up your toys and go home and pester mommy. I'm sure she's worried about where her little boy has been.

 

[banned username 2]

Re: WTFO???

SWBERRY,

Man are you a tool or just abused as a child??
You show up with a few posts every couple of months and do nothing but piss and moan. Get a Life!!!

Look, all of us in the business know the score. NJA, and the other frac's have their place in the world but that is all it is "a place". I don't claim to much about the FRAC world and you most certainly "don't know Jack" about Falcon Capt. or G200's world.

So why don't you just pack up your toys and go home and pester mommy. I'm sure she's worried about where her little boy has been.

HAHAHAHAHA.... Now THAT is funny!

Hey Rice, how you been, haven't seen you in a while? Life bein' good to you? Drop me a PM... Say "Hi" to "Harps" for me!

 

[swberry]

I know enough to know that a large companies flight department budget is NOT insignificant unless it has been downsized alot.

Actually, I rarely frequent this board. That is not to say that I do not like it. I just normally participate in boards that concern hobbies of mine, and flying is not a hobby.

sometimes I see corporate guys look down their noses at frac pilots and that is what I see here. Always saying how much better off they are than the frac pilot. Who cares?? That stuff irritates me and that is why I post when I see some individuals do it.

I have called G200 bad names in the past and that was wrong. I deserved what he said to me. I will not call him or anyone else names.

 

[Gulfstream 200]

and I do apologize for calling you a dip$hit.

I certainly dont look down on frac guys - I dont like the salaries they bring to the industry but I understand thats not thier fault.

I have always said they should be MUCH higher and I hope it works out that way in the future.

 

[NJAowner]

WHy SW is not a CFO

There is a reason why SW is not a CFO and G200 beat me to the punch. It seems like he has been reading the Enron book of corporate finance (which is no longer deemed current). There is a big, big difference between gross revenues and net profit. But to mediate this, Falcon Capt may be rightif he is at a large company (maybe Fortune 100 or 200) ... the percentages for the flight dept expenses are small. On the other hand, if your company only has $200MM in revenue and $10MM in net income, spending a few million on a flight department is significant. Not to be degrading here, but try reading The Wall Street Journal when you are sitting in the FBO or hotel. It will give you a better understanding or corporate finance. Some companies deal in billions and round up to the next hundred million. When Wlater Annenberg sold TV Guide, Seventeen annd the Daily Racing Form for $6,240,000,000 all the media reported it as a $6.2 billion deal. Malcom Forbes said if everyone wnats to forget about the $40 million, please give it to him.

It is all a matter of relative (key word here) size.

 

[Cat3C]

Always entertaining

 

[swberry]

Re: WHy SW is not a CFO

It is all a matter of relative (key word here) size.

Yes, and that goes for the size of the flight department as well. If the company is large they most likely have a large flight department. If they have a large/productive flight department then how can their annual budget be insignificant?

If their annual budget is so insignificant then why do companies usually go after the flight department when it is time to trim expenses?

G200, I apologize for calling you names as well.

 

[Gulfstream 200]

Good Post NJA Owner.

Certainly a company with 200 million in revenue should NOT be looking at a corp jet. It wont last...but they may very well be in the market for a 1/4 share...!!

On the other hand, many today ARE measuring PROFITS in the billions and a select few are even posting TRILLIONS in assets.

Fortune 10 or 20 companies simply could not stay competitve with fractional ownership (supplemental lift aside). Small companies and wealthy individuals are your niche. The wealthy individual who wants to take his poodle with him to PBI or ASE is your customer. The $hit service the airlines have become is your success story...but....Doing 10 day Europe/Mid East/Asia road shows to stay competititve in this Global Economy simply is not what a frac can do - Thats what corp flight depts do - we dont take the CEO to his mansions in PBI too often...we work.

The days are of cutting the flight department when its time to trim expenses are few and far between....(but never say never!).

If a company gets to that point, they are going down the tubes - they are giving up what keeps them competitive and its time to jump ship (Tyco,Enron) This is not "trimming expenses" this is "liquidation".

unfortunatly....

 

[G100driver]

NJAowner:

I am curious what are the tax advantages of "owning" a share of an aircraft when you compare it to your own flight department.

IE deprecation and equiptment(upgrade) purchases.

Thanks