NetJets Places Order For 96 New Aircraft

[dash_trash]

I don't know how much net gain there will be. Aren't there somewhere between 60-70 Ultras?? God, knows those need to go away.quote]


So, worst case would be a gain of 24 planes, “system” wide?

He**, that’s better than loosing 40% of your fleet and pilots at a certain "flop" of an operation.

 

[Twotter76]

Great news - more growth is good for everyone... I hear the current Encore fleet is constantly breaking down and that it's a POS aircraft. How would the Encore+ be an improvement? What would be different?

When are the Hawker 900 (wingletted version) and the 4000s scheduled to arrive? Also, is Cessna ever considering a revamped or updated Citation X with newer avionics, etc.?

You heard wrong. I fly the Encore and very rarely run into serious mechanicals. It is a heck of a lot nicer than the Ultras, I know, I flew both. I also just came back from ICT where I got a chance to play around in the Encore+ sim and let me tell you, that is a really nice setup. Those will be really nice when they get on property. I'd like to believe that there is some growth to be had in those 50 E+'s but if all the Ultras go away (and they probably need to) then its a loss. Now if we order some CJ4's too next time around then more growth for us.

The 4000 and the Hawker 900s are supposed to start showing up around Q3-Q4 or this year.

 

[JustInfo]

Hawker 900's are scheduled to show up the end of August, but Hawker-Beech is not known for making deadlines. Which brings up the 4000, probably never going to show up at this rate.

 

[Ultra Grump]

Now if we can just keep the current captains from bidding another captain slot. We have 20 captain bids that will allow for maybe 4 upgrades.

You'll see the 400, Ultra, and Encore slots as upgrades, the rest will be PIC movement - as it should be. Very few people want to be PICs on the Ultra, Encore, or 400 their whole NetJets careers.

 

[fischman]

I don't know how much net gain there will be. Aren't there somewhere between 60-70 Ultras?? God, knows those need to go away.

I thought the CJ4 was going to get the nod, but time may have been a issue, the Ultra fleet is long in the tooth.

Last number I heard was 68 Ultras.

We were going to trade Cessna 4 Encore+/CJ4 for 3 Ultras. For a net gain of 17. Obviously this is going to take at least 3 years because that is the schedule to put TCAS on the Ultra.

 

[FLYLOW22]

The Encore has been a decent airplane. It has 2 moving parts, the Ultra has one.

The Encore has an electric starter, the Ultra has a rubber band starter.

Besides that, the Encore is MUCH lower time.

Encore +'s should be a welcomed replacement for the U-Boats.

The U-Boats are hanging on... but there is no time like the present to prepare for the future with new equipment.

To put it in perspective, the U-Boat to NJA is like the DC-9 at NWA. It's a classic performer but TT is TT. The TT meter is not there yet but in light of the time it takes to get new hulls off the assembly line, it's time.

This order is long overdue but thankfully, it's been made.

Haven't heard much of the CJ4... I am sure we will end up with some... if they solve the braking issues and the nose gear collapses the CJ series has encountered over the last few years.

 

[cldsfr79]

I completely agree with you. I am so tired of seeing captains being awarded captain bids. There should be a longer seat lock such as 3 years for aircraft type. This would help slow down pilots from channging aircraft to collect type ratings, it would reduce training costs, and increase the amount of upgrades. The problem with NJA is that when captains bid captain slots, it creates openings in those aircraft the captains are bidding out of, yet the company does not immidately produce a bid to fill those slots.

 

[jtf]

I agree that it is frustrating now since I'm an FO and the list moves slowly, but when it's my turn I want the option to change airplanes in two years if for whatever reason I don't want to be in the fleet I'm in. I'm sure it does cost them money, but that two year lock is a benefit that the contract provides and eventually you will get the benefit for yourself.

 

[Coool Hand Luke]

Link to original press release from Textron

Textron’s Cessna Books NetJets Order Totaling More Than $1 Billion

PARIS--(BUSINESS WIRE)--Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at the Paris Air Show that NetJets – Cessna’s largest Citation customer – has ordered 96 Citation business jets. The order includes 50 Encore+, 37 XLS+ and 9 Citation X aircraft and totals more than $1 billion.
www.textron.com.

THANK YOU NetJets! My Textron stock is up $4+. Sweet!

 

[skiandsurf]

THANK YOU NetJets! My Textron stock is up $4+. Sweet!

Thank you NJ capts for keeping the FOs on food stamps.

 

[Ultra Grump]

Thank you NJ capts for keeping the FOs on food stamps.

Ummm, what?

 

[gunfyter]

Thank you NJ capts for keeping the FOs on food stamps.

5 years will go by in no time.

 

[CA1900]

Thank you NJ capts for keeping the FOs on food stamps.

$40-50k and fully-paid medical is hardly "on food stamps." Not even in California.

 

[acaTerry]

You'll see the 400, Ultra, and Encore slots as upgrades, the rest will be PIC movement - as it should be. Very few people want to be PICs on the Ultra, Encore, or 400 their whole NetJets careers.

I'll take anything. But the X.

 

[acaTerry]

Thank you NJ capts for keeping the FOs on food stamps.

It aint THAT bad. Besides, who wants to be on 16,000 lb airplanes for the rest of their life?