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I heard that XOJet is selling off some 300 orders and cancelling options due to their lack of demand. Anyone know if theres any truth to this?
As GHW Bush said, "It's the economy, stupid."
...Yes, even netjet.
As GHW Bush said, "It's the economy, stupid."
Yes, true. So, he's waiting for his Gulfstream-big deal. Multiple aircraft deliveries at nja (and elsewhere) are being deferred this year-fact-they just forgot to tell njasap. They simply push owner deliveries back to match sales. nja has only taken delivery of 20 aircraft this year to date when they originally planned on 45 to date. It's simple supply and demand. The backlog is simply managed by the provider. Look at hiring/upgrades and sim slots-they are a slowing.Not true. We can't get planes fast enough to cover. People on the waiting list have had to buy Marquis cards until their planes are delivered.
I know this because I just flew a marquis / owner waiting for this Gulfstream to be delivered early next year.
Yes, true. So, he's waiting for his Gulfstream-big deal. Multiple aircraft deliveries at nja (and elsewhere) are being deferred this year-fact-they just forgot to tell njasap. They simply push owner deliveries back to match sales. nja has only taken delivery of 20 aircraft this year to date when they originally planned on 45 to date. It's simple supply and demand. The backlog is simply managed by the provider. Look at hiring/upgrades and sim slots-they are a slowing.