What's up with CitationShares?

[holden1]

Heard rumblings of a Town Hall and announcements today. Anybody know?

 

[7on7Off]

Heard rumblings of a Town Hall and announcements today. Anybody know?

Yes,

It was an in-house meeting to announce the upcoming changes. Expect a public announcement on the 9th of Oct.

 

[holden1]

Besides a name change, will there be big changes?

 

[doh]

Hopefully no more layoffs!:beer: Sending you best fishes (fwiw).

 

[Av9r]

They are getting rid of all "large cabin aircraft"(excel, Sovereign). Only CJ3 fleet. Pilot force cut in half. 40-60%. HQ moving to vacant offices in Wichita.

 

[C425Driver]

Source?

 

[gunfyter]

Source?

Are you serious?

 

[C425Driver]

Are you serious?

No...

 

[holden1]

Wow

They are getting rid of all "large cabin aircraft"(excel, Sovereign). Only CJ3 fleet. Pilot force cut in half. 40-60%. HQ moving to vacant offices in Wichita.

That's pretty extreme and would reduce product quite a bit. Don't like the workforce cut, ouch.

Is this for real?

 

[G200_PILOT]

They are getting rid of all "large cabin aircraft"(excel, Sovereign). Only CJ3 fleet. Pilot force cut in half. 40-60%. HQ moving to vacant offices in Wichita.

Can't tell if you're joking or serious but if you're serious and this is true, I wish all the CS the best of luck. Whether people realize it or not, this sort of thing affects everyone in the industry.

Good luck.