Thread: FlightOptions?
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Old 08-28-2007 | 12:01 AM
  #12  
Roll It On
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Joined: May 2007
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Default F.O.'s aircraft or Beach's aircraft - 6 of one/half dozen of other

Originally Posted by natemotatem
Beech owns them, I don't get what that even means.

http://www.bizjournals.com/boston/st...6/daily27.html
From the article: "The Flight Options entity, which is based in Richmond Heights, Ohio, bought 115 airplanes from Raytheon for about $900 million."
Beech is in the business of selling aircraft and not owning/operating aircraft. You make and save more money if you operate someone elses aircraft. No up-front purchase cost and any operating costs get passed to the owner or charged to the charter customer (maint., crew, training, etc.)
I just heard that they were getting out of operating their own aircraft because they are loosing money and the ship is sinking fast. Just wanted to know if anyone else had heard the same thing. Thanks.

Last edited by Roll It On; 08-28-2007 at 12:04 AM. Reason: cannot spell at 4am
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