NJA Downgrades

[jtf]

The company is also trying to consolidate owners into airplanes that aren't fully owned and get them out of the airplanes that only have a couple or few owners left since they can't sell off the airframes that they want to get rid of until all the owners are off the certificates.

I don't see all those downgrades and furloughs happening without a double dip recession. While that may make sense from the number cruncher's point of view, the ill-will that would bring to the pilot group would more than negate the supposed "savings" with all the sell offs and broken airplanes and fatigue calls that would result from this. I think the group would accept it and keep working hard if they saw the actual double dip, but without it it will be fugly out there if this were to happen.

 

[ArtVandalay]

I love how someone makes a statement on here and then immediately a response from someone else saying, "source?" Like that person is going to actually say who it was that told him.

 

[jonjuan]

The company is also trying to consolidate owners into airplanes that aren't fully owned and get them out of the airplanes that only have a couple or few owners left since they can't sell off the airframes that they want to get rid of until all the owners are off the certificates.

Bingo. Exactly what's driving the papa, not new sales.

I don't see all those downgrades and furloughs happening without a double dip recession. While that may make sense from the number cruncher's point of view, the ill-will that would bring to the pilot group would more than negate the supposed "savings" with all the sell offs and broken airplanes and fatigue calls that would result from this. I think the group would accept it and keep working hard if they saw the actual double dip, but without it it will be fugly out there if this were to happen.

When the other fracs downgraded and laid off due to the economy, was there an increase in broken planes and f calls leading to increased sell offs? Remember, mgmt is there to cut costs in any way shape or form.

 

[gutshotdraw]

Bingo. Exactly what's driving the papa, not new sales.

Except, year-to-date shares sold exceed year-to-date share redemptions. Some of the pink registrations are consolidations of owners in order to dispose of excess airframes but sales are ticking up slightly.

 

[Pervis]

I love how someone makes a statement on here and then immediately a response from someone else saying, "source?" Like that person is going to actually say who it was that told him.

When someone quotes a source that may affect the lives of hundreds, I believe he is obligated to provide that source. If they aren't ready to provide proof, they should keep their mouth shut. There is enough turmoil ongoing, don't you think?

 

[DAS at 10/250]

When someone quotes a source that may affect the lives of hundreds, I believe he is obligated to provide that source. If they aren't ready to provide proof, they should keep their mouth shut. There is enough turmoil ongoing, don't you think?

Dude, this is FI.com. Not a reputable news outlet.

 

[Pervis]

Yea DAS, it's a shame internet bravado lets people forget common decency. Or does it let people really show their true colors? Too bad real names aren't required.

 

[gret]

Except, year-to-date shares sold exceed year-to-date share redemptions. Some of the pink registrations are consolidations of owners in order to dispose of excess airframes but sales are ticking up slightly.

Are you certain about this? The latest UBS report that I've seen has the redemptions slowing, but there are still more people leaving than coming.

I could have old info.

 

[jonjuan]

Yes DAS, it's a shame that some can come on here and provide false hope based on management proclamations.

 

[gutshotdraw]

Are you certain about this? The latest UBS report that I've seen has the redemptions slowing, but there are still more people leaving than coming.

I could have old info.

Positive.

 

[NachoMamma]

Coming soon to an NJA near you:

410 Downgrades

There's a GV Capt in your "410" downgrade range. Ya think they'll put the V into disposal status? Time to get back to your flight simulator and let the big boys handle this.

 

[Rubber Ducky]

Correction

Coming soon to an NJA near you:

275 more furloughs.
410 Downgrades
XL, Encore, Ultra, BBJ, 400XP, 800XP all in disposal.

275 furloghs are possible January 2011, but not probable. The downgrades have already happened 73 to G. The fleets listed should all go into disposal and be replaced by CJ4, and CE680. I would not call BJ to CJ4 a downgrade but I can see a total of 410 being reseated in a different aircraft, not downgraded.

Fly safe, see you in 2014.

 

[G200_PILOT]

Source is someone who very recently left management.

You are correct, all of those fleets will have to be in disposal, and very soon they all will be. Those are the ones that are currently in disposal. ICOM to follow.

The only person who left management lately that would ANY information about possible furloughs and/or downgrades is Bill and I highly doubt he told you that. Therefore, I'm going to go out on a limb and say your source is full of ********************. If it WAS in fact Bill that told you that, we'll hear about it soon enough but for you to come on here and spread FUD while we have guys barely hanging on is completely unprofessional and unethical.

 

[G200_PILOT]

There's a GV Capt in your "410" downgrade range. Ya think they'll put the V into disposal status? Time to get back to your flight simulator and let the big boys handle this.

Exactly, the guy's full of ******************** and wants to be heard. His source is ******************** and he knows it.

 

[Caveman]

This is an internet rumor/discussion forum. The kind of stuff posted is exactly what this board is all about. Hopefully the OP has some integrity and is at least reasonably sure of his info. I doubt anybody is callous enough to post stuff like that just to get their jollies knowing full well it's pure fiction.

I hate to be the one to remind you, but most of the very same naysayers on this thread also tried to shout down the folks predicting the original furloughs. I hope this guy's info is incorrect, but it won't be the first time you guys were wrong about happenings at NJA.

Attacking the messenger doesn't invalidate his message. Is he correct? I don't have the foggiest. The numbers he gave were pretty specific. Instead of going after him your time would be better spent snooping around internally to see if there's any substance to his info. YMMV.

 

[G200_PILOT]

Caveman, there's no doubt that another round of furloughs is possible. Not going to deny that. The numbers that 99 quotes are a bit outlandish though. 410 downgrades? If a former executive actually told him that, it would mean permanent disposal of quite a few airplane models. While some make sense, others don't. Without going into any specifics, the junior 410 captains at this company cover a wide array of fleets. I simply can't see all of those fleets being put in PD.

 

[be99fr8dog]

G200-

There are people besides Bill who have left management recently. Just because there is no ICOM does not mean that other things aren't going on. Please don't shoot the messenger just relaying what I was told.

Go get back on your exercise bike.

 

[Jack Mehoff]

G200-

There are people besides Bill who have left management recently. Just because there is no ICOM does not mean that other things aren't going on. Please don't shoot the messenger just relaying what I was told.

Go get back on your exercise bike.

be99, Go back to your room little man while I plow your mom.

 

[rajflyboy]

I'm hearing negative news from the puzzle palace but no hard numbers

 

[DAS at 10/250]

I hate to be the one to remind you, but most of the very same naysayers on this thread also tried to shout down the folks predicting the original furloughs. I hope this guy's info is incorrect, but it won't be the first time you guys were wrong about happenings at NJA.

Agreed. I thought the Columbus Kool-Aid punch bowl ran dry last November. Apparently I was wrong.