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NetJets' profitability

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notaNJApilot said:
Did the NJA pilots receive the same ICOM message yesterday that the company did (regarding the article)?

Paraphrase...

"Pay no attention to the man behind the curtain. We are still poor. That is all".
 
GVFlyer said:
Good post, but there's a lot of weasel wording in BK's 10Q.

"... pre-tax losses from the fractional ownership business declined $12 million in 2006 as compared with 2005."

Since NetJets lost $20 million in first quarter 2005, this means you only lost $8 million in first quarter 2006, right?


SS
 
SeaSpray said:
Since NetJets lost $20 million in first quarter 2005, this means you only lost $8 million in first quarter 2006, right?


SS
Who knows what it means... But $$ hundreds of millions are being spent on expanding or building new facilities in TEB, VNY, and Europe.

GV is right... there is a lot of weaseling.

Remember before Fractional ownership... Fearless Leader was selling ITCs (Investment Tax Credits)... with helicopters. Was explained to me but frankly it sounded like PFM. Or as GV says "weasel words" ... People making money on losses.
 
G4dude said:
I am just quoting what two frustrated FOs told me. Airplanes grounded to pressure Santulli certainly cost NJA tons of money. Can you imagine what the union radicals would have done to any FOs who reported captains for unnecessarily grounding planes? To conclude that some captains were not engaging in such coercive, immoral behavior is rather silly, given what those FOs told me.


I can't stand it anymore.........

G4 use your egg, if the FO's- together- were a crew on the aircraft in question they should had called the company together and reported this.... You should had called your supervisor and reported it as an employee of NetJets..... You let us all down for not informing the company...

The FO's are blowning smoke up your APU bud... The sad part is; you as a PIC in the G Bird fell for it.......
 
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