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Old 01-05-2013, 09:33 AM
  #21  
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Originally Posted by UCLAbruins View Post
Not to get into politics but Mr. Obama lowers our stock everytime he attacks the "wealthy private-jet travelers"... He doesn't understand the bizjet industry creates thousands of jobs (pilots, F/As, caterers, mechanics, rampers, people who build the airplanes, etc)
He certainly travels like one too.
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Old 01-05-2013, 03:18 PM
  #22  
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Originally Posted by Sailaway View Post
Dude,
That works until a new boss comes in and says we don't need this expense. Then you are toast and looking for another job.
Not if you work for a private company with an owner/CEO who has no desire to go public.

All I'm saying here is that when the airplane is a revenue earner, the pilots quality of life will USUALLY suffer. When the airplane is out there making money and the bean counters are looking at the bottom line, things like crew rental cars, steak dinners, & hotels on the beach will be viewed as highly suspect. Not trying to argue about job security.
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Old 01-05-2013, 03:19 PM
  #23  
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Originally Posted by satpak77 View Post
in today's "fiscal climate" if the asset, in this case an airplane, does not clearly facilitate business operations / close deals / etc , or directly earn money for the company (shareholders), kiss it goodbye. Just ask the Big-3 auto executives how that little deal worked out.

(Unless you fly for Rich Guy who owns a plane as basically a toy, and you are his pilot. But I would argue that is not in the truest sense of the word a "corporate flight department" it is "I fly for a rich guy").
How isn't that in the truest sense of the word? Rich guys have businesses don't they?
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Old 01-05-2013, 07:28 PM
  #24  
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I would add, plenty of "rich guys" use there planes intensely for business generation. I know of one who puts 600 hours a year on a Global, likes it because he can do his international business and still be home as much as possible. Quite a few like that actually. Some better than others to work for. Their crews can be very loyal, in many cases for the very good remuneration and consideration.

GF
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Old 01-06-2013, 04:51 PM
  #25  
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when I say rich guy I don't mean the entrepreneur aka Google / etc who also owns a plane. I mean the guy (and we all have come across them) who owns a Lear because his has some oil leases on his property and the Lear is to shuttle him and his wife to Aspen and Scottsdale to go shopping. Or the attorney who struck it big and now owns XXXX and needs a pilot to taking him to the ranch. Etc scenarios. The above examples reflect "expensive toy" mission profile more than "in support of business ops" profile. Both missions require you to be a safe and professional pilot, I agree, but once you start using the plane more and more for bonafide business purpose, the IRS / shareholders / private investors / etc seek justification or purpose.

Without it, the future of that plane is in question.
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Old 01-25-2013, 04:47 PM
  #26  
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looks like the second Global has just arrived, a Global 5000 N100QS
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Old 01-25-2013, 07:47 PM
  #27  
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Originally Posted by UCLAbruins View Post
Not to get into politics but Mr. Obama lowers our stock everytime he attacks the "wealthy private-jet travelers"... He doesn't understand the bizjet industry creates thousands of jobs (pilots, F/As, caterers, mechanics, rampers, people who build the airplanes, etc)
Yet, it's okay for him to use Air Force One, one of the biggest "Bizjets" out there more then any other President. It only costs $180,000 per hour Talk about a double standard.

Congrats on the new Global. Good news for NetJets.
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