NJA Struggling?

[amaineiac]

Well said gunfyter. I feel about as secure as I can at an aviation job, but I've learned long ago to never say never.

There isn't much I can do other than offer the best product I can to the folks in the back and hope the economy turns the corner. I've got faith that WB and RTS will do the best that they can getting to through this mess.

 

[Trash8Mofo]

Remember that many of our owners are business people, they understand that cost cutting is part of the normal business decisions. They also know that they are flying less, so sooner or later someone will ask why the management fee is not going down? Stability as a marketing tool and "right-sizing" as a marketing tool is a fine line in this economy.

That said, I'm comfortable with what NJASAP is telling us with the updates.

 

[Diesel]

You're right our owners are business people so they also understand the value of making sure that their "investment" is stable and that they don't have to worry about further devaluation of it.

It works both ways.

 

[glasspilot]

They also know that they are flying less, so sooner or later someone will ask why the management fee is not going down?

Do your owners not understand the contracts they signed?

I would understand them selling off a share or two to reduce their hours, but to just want to pay less because they don't use the hours they own??? What would be the premise?

 

[Trash8Mofo]

Do your owners not understand the contracts they signed?

I would understand them selling off a share or two to reduce their hours, but to just want to pay less because they don't use the hours they own??? What would be the premise?

If you drove less of your car in a given year, you would naturally expect to pay less in oil change, tune ups, etc etc, wouldn't you? But the reduction in driving wouldn't change your loan payment amounts or lease terms. Fix costs vs variable costs, I thought that was easy enough for pilots to understand.

Some may argue that Pilots' salaries is a fixed cost since each aircraft is staffed to about 5 pilots each. Again, I think that's a fine line to walk in this economy. When push comes to shove, its always a function of usage. Luckily, Netjets is not there yet.

 

[glasspilot]

Yeah, but their monthly fee is tied to a fixed number of hours per share. If they need to fly less then they would sell a share.

"I thought that was easy enough for pilots to understand..."

 

[B19 Flyer]

Busy enough?

We don't know what economic disasters can follow what we have already seen. I don't even think WB and RTS know. So we can't say there never would be furloughs.

Right now we are busy enough and I would think remain so through what is normally the busy season ... the busy season is more like the normal season.

If the economic recovery begins by the summer ... I think everything will be good. If it does not... I think we all will have larger problems than whether NJ furloughs ... even if we are not the ones who are furloughed.

How do you define "busy enough" gunfyter? In the fractional world, a lot of flying doesn't mean the company is doing well. It just means that there is a lot of flying of shares that are already sold and paid for. Is the company still selling shares? Are existing shares still remaining with current owners? You need to look at the revenue stream, because in the ideal fractional financial world, shares are being sold and pilots are twiddling their thumbs waiting because none of the airplanes are flying.

So, how do you define "busy enough??

 

[brokeflyer]

thread death please.

 

[acaTerry]

thread death please.

I'd settle for B19 death (figuratively speaking)

 

[Semore Butts]

What B-19? You don't know?

Is the company still selling shares? Are existing shares still remaining with current owners?

Semore says;

I thought you knew everything? You don't know, yet you comment anyway?

Right now if I were you, I'd be feeling like a moron after the week the pilots in the bad weather have had all over the US.

As opposed to your comments of how easy our jobs are, and how tough it is to be on management.

Baffoon 19, you are a worthless fool.

 

[Diesel]

I can't wait till B19 spends his christmas alone. The ex won't see him anymore. His kids hate him and won't even acknowledge he's alive. He's sitting infront of the tv eating a frozen dinner wondering how his life has turned and he doesn't even have any friends to turn to.

Ahhh a fitting christmas for a scumbag.

 

[B19 Flyer]

I can't wait till B19 spends his christmas alone. The ex won't see him anymore. His kids hate him and won't even acknowledge he's alive. He's sitting infront of the tv eating a frozen dinner wondering how his life has turned and he doesn't even have any friends to turn to.

Ahhh a fitting christmas for a scumbag.

Scumbag? Now Diesel, if you are going to insult me, even you can do better than that. :laugh:

 

[brokeflyer]

thread death please

 

[B19 Flyer]

thread death please

shhhhh..... be vewy vewy qwiet.........we can't white anything that could upset the union supporters...

 

[brokeflyer]

Thread Death Please!!!!!!!!!!!!