Originally Posted by
Smooth at FL450
Did NetJets make any money from operating the aircraft? It was my understanding that the money was made on the mark-up and resale of shares at retail prices after negotiating massive volume discounts, and flying the airplanes wasn't a big generator of profits.
Our whole revenue generating plan has changed. We are pretty much out of the buy and sell game and making most of our money on management fees, jet cards, and regular share owners.
This company has pretty much lost all its vision. Sure, we're taking deliveries but they are only to replace the ones headed out. Growth? Management is afraid of it.