lear 31 pilot

yes the economy sucks, yes some companies wont survive, but why do you think the strongest wont, people still need to fly, and this is not the next great depression like the fear mongering media makes us think. Net Jets and most of the other Fractionals will survive.

SeeYouNextTime

Like someone else stated: Netjets customers probably have more money than they know what to do with. Granted they might see a very small portion stop flying.

Time is money.

proskuneho

Also, there are enough people who make enough money where they are LOSING money if they go through TSA "security" and then sit at the airport waiting for their flight, then take a car to get to the outlying city where their meeting really is. NetJets can take them right to the nearest airport closer to the customer's timetable.

HercDriver130

the vast majority of the people who buy shares in any fractional while they may be effected by the economy.... most wont allow it to really change their lives as it might for the people who live pay check to pay check.

Malaikatoo

Lets face it. Netjets is the big dog on the block. By a whopping 52% market share!! If Netjets doesn"t survive then any other flying entity carrying pax has gone the way of the DODO!!!! And you can bet the airlines will drop way before fractionals. Different demographic but if I'm counting dollars correctly then I (the poor regular Joe) ran out of money way before the rich people we cater to!!

ExperimentalAB

NetJets will be around long after UAL and the like have gone the way of Eastern and Pan Am...That's the beauty of not catering to those most affected by economic swings.

__________________
Fly 'er like you're with a woman.

AirbusA320

I'm new here but I have detected a pattern where one must be a cheerleader to be liked. I have posted for years on a professional pilots European board and I have never been taken to the wood shed.

I must be older than you guys. I have flown with the old school airline capts and got along with them, respected them and learned from them. I guess the world has changed.

I have an interest in the business side of aviation. Case in point, Marquis jet has a full page ad in today's Wall Street Journal. Check it out.

Roper92

Wouldn't NetJets do better in a slower economy? In a flourishing economy, companies have plenty of money for their own jets. When the travel budget has to be cut, it's much more practical to sell the jet and use a fractional like NetJets..you get the superior service without having to pay for a plane, crew, ins, etc..

proskuneho

Nobody is putting you down. You can't assume that people are "younger" than you just because they strongly disagree with you. People are free here to think for themselves, so expect a wide variety of opinions. I've gotten torn up by other people's opinions too. I didn't like some of their opinions, but I recognize that they might have rational reasons for what they say. Every post is an opportunity for feedback and debate. I just commit to stay teachable.
Some people do tend to get a little rough in some posts, but you can't assume that they are young or immature. That's condescending. Perhaps you just don't agree with them, or maybe some are just not very diplomatic. People are often much less diplomatic in an anonymous forum than when you have to share a cockpit with them.

terryllowery

Roper,
I have to agree; my employer owns their own plane and now with a new CEO, stocks falling, and budgets to tighten the first order of business is putting the plane up for sale. He said while this offers our customers and road warrior execs a perk it is less costly to use other means. I don't know if they will use fractional or the airlines but just the point that often the first thing to go when a company is cutting their budget is the expensive things that can be done other ways.