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Haters, go to flightaware.com and look at the live tracking. at ANY given time you will see NetJets has more flights than FIV, LXJ, and OPT combined, many times doubled!!!! Iquote]
I would hope so, you have a much larger fleet than anyone else, and more than twice as many pilots than all three combined.
Hi!
1 guy I know there says the numbers of new customers is constant, but flying hours are down, so they are actually making MORE money as they have the same revenue with less expenses.
With this scenario, they could be losing $ in the Marquis Card area, however.
cliff
YIP
I've heard the opposite. Potential owners are less likely to buy the whole nugget...fractional share, that is...and more likely to take a small bite in the form of the Marquis Card.
As far as I can see, Netjets and Mr. Santulli are well on the warpath.
No, it is not the same source. And you're right about no one on FI being credible. Lesson learned. I won't be posting anything about NJA rumors again. I thought an honest question might generate some honest answers and opinions. I was wrong in my thinking. Big surprise! It was stupid of me to think the kids playing on FI could grow up enough and act like adults when responding to my honest inquiry about NJA and whether they are struggling.
I'm afraid it's going to be survival of the fittest in 2009 for the fractional industry. I'll put my money on NetJets. Not to say NJA won't furlough, but when it's all said and done, I believe NJA will have even a greater market share than it currently does. Good luck to us all.
I can't imagine that NJ is struggling, but like the rest of the population the wild growth is no longer happening and without growth fracs will stagnate. Any stagnated company will appear to be struggling. I still believe that by the end of next year NJ will be looking at their "industry leading contract" and wondering how they are going to pay for it while the company simply maintains status quo until things turn around. That is when the furloughs will begin and the test of the new in-house union will occur.