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The Costa Citationair

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No mention of Floptions - Cessna Gung-Ho at NBAA

CITATION CONTINUES TO BE TOP CHOICE WITH FRACTIONAL OPERATIONS
Brad Thress, Cessna senior vice president of Business Jets, says: Businesses conducting fractional operations continue to choose Citation business jets more often than any other brand of jet. Stated another way, there are more Citations in the installed fleet of fractional operations than any other business jet. We believe this is a great reflection on not only the dispatch reliability, safety record, and comfort of the aircraft, but is also a strong testament to the superior direct operating costs of our fleet.

NetJets has the largest private jet fleet in the world and announced the largest private aviation order in history in August of 2012. As part of that record-setting $9.6 billion agreement, NetJets ordered 25 new Cessna Citation Latitude aircraft with options for 125 more, with deliveries expected to start in 2016.

We have a long-standing, successful relationship with Cessna and we are delighted to be working with them on the NetJets Signature Series Citation Latitudes,? said Adam Johnson, NetJets senior vice president of Global Sales, Marketing and Service. The features of the Latitudes will help differentiate our fleet and provide our customers with the safety, service, reliability and efficiency they require, as well as expand NetJets overall fleet capabilities.


NetJets holds the distinction for being the world?s largest Citation jet operator. The fractional company's installed base of aircraft includes more than 50 Citation X aircraft, making NetJets the world?s largest operator of the Citation X. Cessna Citation jets outnumber the closest competing manufacturer in the NetJets fleet by a two-to-one margin.

JetSuite is the fastest-growing private jet charter company in the U.S. Based in Irvine, Cal., JetSuite is currently operating six JetSuite Edition CJ3 aircraft and intends to acquire two more refurbished Citation CJ3 aircraft by the end of this year. JetSuite CEO Alex Wilcox says: The Citation CJ3 allows us to operate with an extremely high level of confidence and efficiency. The Citation CJ3 demonstrates amazing performance without sacrificing on cabin comforts. When we can count on 98% mechanical dispatch reliability across our fleet, we are able to offer private, efficient and safe air travel to more people than ever before.

Executive AirShare is a fractional jet ownership company based in Kansas City, Mo. The company has seen a 20 percent increase in fractional ownership over the past year. The company has introduced three Citation CJ2+ aircraft to their fleet of business jets, offering comprehensive jet service from hubs in the central U.S. and the Great Lakes region. ?The Citation CJ2+ aircraft fit perfectly within our offerings, and meets our customers? needs for range, seating and speed in an impressive fashion,? says Bob Taylor, Executive AirShare founder and chief executive. In addition to fractional packages, the company also offers share leasing, an equity-building jet card program, and aircraft management plans.
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No mention of Shares in that article - confirmation of many unanswered questions.

Why did Cessna fail to mention Options operating a fleet of X's?

Perhaps this is a set up for the grand announcement later in the week by Herr Ricci for a huge Cessna order making them the largest fractional in the industry.

Or perhaps it is what it appears to be, a fluff piece. Puffing up to make itself appear bigger and badder while atrophy takes hold.
 
who got played

I've read several comments that go like this: 'Ricci has played the union' or 'Ricci made the union look bad' or 'Ricci has divided the pilots'. Assuming these statements are not just conjecture, then you're also stating he had a definite purpose or definite intentions here & that the Citation Air 'deal' wasn't just about getting more planes and returning furloughed FO pilots.

Personally, I think if there was any 'deal' at all, it was nothing more than a couple scratches on a table napkin. He never expected the 'deal to go through - because there was no deal. He didn't 'play the union'. He played the emotions of furloughed pilots & their families & all those saps who signed that assinine petition.

Wait - you think it was real? You thought his 'I'm a lawyer' speech was that compelling? Listen to me 'cause I'm a l-a-w-y-e-r?

" As some of you know, I have a law degree. Despite what you think, the study of law is not about memorizing laws nor is it about knowing how laws are implemented and enforced. The study of law is focused on understanding that most legal situations contain some "gray area" and it is about understanding how to make an argument to reinforce your "shade of gray". "

The audacity here's that he's lecturing people who look at the law /FARs every day & then writes about "gray areas". If I'm ever in trouble with the Feds, can I say, "Well gee whiz. My boss's got one 'a dem fancy law degrees 'an he says there's summin' called "gray areas"!? Think that'll work?

A few years ago, we would 've expected these types of games from Shrinker. Tricky Ricci's shown his hand to everyone that he's every bit as capable of playing the same games Shrinker played.
 
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I watched the video posted and didn't see a problem. Reading the article and digging into the link in the article, it appears he must have been having a bad day.

Could have done a better job, but nobody is on top of their game everyday...except a couple of people on flightinfo! Should probably give him a pass until he really screws up and takes flying lessons.
 
Ludicrous Speed said:
I've read several comments that go like this: 'Ricci has played the union' or 'Ricci made the union look bad' or 'Ricci has divided the pilots'. Assuming these statements are not just conjecture, then you're also stating he had a definite purpose or definite intentions here & that the Citation Air 'deal' wasn't just about getting more planes and returning furloughed FO pilots.

Personally, I think if there was any 'deal' at all, it was nothing more than a couple scratches on a table napkin. He never expected the 'deal to go through - because there was no deal. He didn't 'play the union'. He played the emotions of furloughed pilots & their families & all those saps who signed that assinine petition.

Wait - you think it was real? You thought his 'I'm a lawyer' speech was that compelling? Listen to me 'cause I'm a l-a-w-y-e-r?

" As some of you know, I have a law degree. Despite what you think, the study of law is not about memorizing laws nor is it about knowing how laws are implemented and enforced. The study of law is focused on understanding that most legal situations contain some "gray area" and it is about understanding how to make an argument to reinforce your "shade of gray". "

The audacity here's that he's lecturing people who look at the law /FARs every day & then writes about "gray areas". If I'm ever in trouble with the Feds, can I say, "Well gee whiz. My boss's got one 'a dem fancy law degrees 'an he says there's summin' called "gray areas"!? Think that'll work?

A few years ago, we would 've expected these types of games from Shrinker. Tricky Ricci's shown his hand to everyone that he's every bit as capable of playing the same games Shrinker played.
Click to expand...

Couldn't agree more. What's sad is that there is just not enough unity of purpose amongst us, the worker bees, to clearly signal:

NOT WITH US! NOT THIS TIME!

Instead there is always someone willing to kowtow and carry their water no matter how poisonous...

Shame on us for being so collectively naive. Until we change that, we will continue to find ourselves on the short end of the stick over and over again.
 
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Flops decertification vote is on its way! Riccis plan is right on schedule and soon FLOPS will be nothing but a smoking hole and the beatings at Flex will begin! Enjoy ass kissers.....
 
Shane
Your all consuming hate for the FLOPS management that fired you has turned you it to a awful person. You wish for the demise of FLOPS so much that your forget the impact it would b have on the Families of all FLOPS employees.....you should be ashamed of your self.
 
GooseHZ said:
Shane
Your all consuming hate for the FLOPS management that fired you has turned you it to a awful person. You wish for the demise of FLOPS so much that your forget the impact it would b have on the Families of all FLOPS employees.....you should be ashamed of your self.
Click to expand...

Did I say anything that's not true or accurate?
 
Since, the consensus seems to be that the FO/CitationAir deal is dead, are there any other options in the works other than just shutting CitationAir down?
 
She's hot..that's what happens when your getting a BJ while trying to steer a ship..similar thing happened to me in a plane but with a better outcome..
 
Very very sad. Thoughts go out to the families affected by shares mismanagement.

DadofSeven said:
Looks like 19 more got their marching orders today at CA for a December furlough. Happy f$&king holidays! We are now down to 109 pilots. I heard they thought about furloughing out of seniority do to the high number of cj3 pilots but very few planes. 43 pilots for 5 planes. Anybody else hear this?
Click to expand...
 
Textron to buy Beechcraft for $1.4 billion: report
Fri Dec 20, 2013 5:21pm EST


(Reuters) - Textron Inc (TXT.N), maker of Cessna planes, has agreed to buy aircraft maker Beechcraft for $1.4 billion, the Financial Times reported on Friday, citing unnamed sources.

Textron's shares closed nearly 15 percent higher on the news, ending the day $4.72 higher at $37.29.

Beechcraft emerged from bankruptcy protection in February and hired Credit Suisse to seek buyers for its jet plane business, which has been losing money, according to sources familiar with the effort.

Officials at both Textron and Beechcraft declined to comment.

The two companies have been in discussions for some time but initially had differences about the price and scope of the deal, the sources said.

One source familiar with the M&A market said a Textron-Beechcraft deal was one of many that could be announced in coming weeks. It would be the larger deal after a U.S. budget agreement that experts say could set off the most robust series of mergers and acquisitions in the aerospace and defense sector in years.

"The budget deal has really lit the fuse for a spate of deals that could be announced between now and January 15," said the source, who was not authorized to speak publicly. The deals could range in size, and could even involve a much larger deal at the prime contractor level, said the source.

Rob Stallard, analyst with RBC Capital Markets, said Textron had paid down its debt in recent year and had the capacity to carry out a deal of this size. He said the remaining Beechcraft business should complement that of Cessna.

The increase in Textron's share price showed "investors are indicating that they view this as a 'good deal,'" Stallard wrote in a note to investors.

Textron spokesman David Sylvestre said Textron CEO Scott Donnelly had told analysts on the past two earnings calls that Textron was interested in Beechcraft and was continuing to monitor the situation.

He declined to comment further, noting that it was Textron's policy not to comment on speculative market rumors.

(Reporting by Alwyn Scott and Andrea Shalal-esa; Editing by John Wallace and David Gregorio)
 
What will they call it? Beechna, cesscraft, or textracessnacraft?
 
Newkem said:
Textron to buy Beechcraft for $1.4 billion: report
Fri Dec 20, 2013 5:21pm EST


(Reuters) - Textron Inc (TXT.N), maker of Cessna planes, has agreed to buy aircraft maker Beechcraft for $1.4 billion, the Financial Times reported on Friday, citing unnamed sources.
Click to expand...

Rubber Ducky said:
Csneech... "until neither the Plain nor the Star-Bellies knew whether this one was that one... or that one was this one or which one was what one... or what one was who."
Click to expand...

Will we see an adaptation of The Grinch Who Stole Christmas posted here soon? Certainly there are families who have had a nasty Christmas surprise from the fine folks at TXT this year and in years past.

Gee thanks Textron money guy!
 
With Wheels Up starting Citation operations soon, have any CitationAir pilots been solicited yet? Or are furloughed Netjets pilots being asked first?

Good luck to all!
 
It's been extremely disappointing to watch the slow death of such a great company. though, they gave everyone ample time to find a new nest.
 
October 31, is the official "last one out turn off the lights" day. It was fun while it lasted. Just glad I got out 6 months ago after 11 years.
 

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