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Old 02-21-2017 | 01:45 AM
  #1696  
FLYLOW22
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Default Netjets latest & greatest:

Originally Posted by pugpilot
"No Growth for 5 Years" does not mean "growth at year 6".

Again...NetJets hasn't announced any plans for growth. Berkshire hasn't announced they are going to be writing any checks for NetJets. In fact, BH is investing billions in other airlines that (while not providing the same service) are direct competitors to NetJets.
(source: Why Warren Buffett is investing in US airlines - Business Insider)

When all the sims are moved from Hamilton to the new facility, how much square footage will be remaining for additional sims for the "year 6 growth" of additional airframes and crews?
What statement(s) from management would lead one to believe that there is any growth planned? Does the sales team have a stack of future owners just waiting for NetJets to fix its fleet issues and will then be buying into programs? How are we just putting these owners on ice and stopping them from signing on with a competitor?
But no, we should just read between the lines and see that NetJets is stacking the deck to crush the rest of the fractional/charter industry in one fell swoop in 2.7 years.
It is our lack of business acumen that prevents us from seeing NetJets, through 10 years of stagnation, furloughs, and mismanagement has the rest of the industry right where they want it.


Why is it logical that BRK needs to write checks in order for NJA to grow after fleet replacement is complete?

Remember the amount borrowed in 2010? Yeah. That's a line of credit and it's paid off.

Check written. As in "still available".

Then the jets sell.

Check repaid.

Why is this so hard guys?

The rest of of your arguments are emotional and fear driven.



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