My guess is the Flex Aerion deal was all PR hype and Flex never had the money in the first place to make the deal happen. Flex loves the headlines and can make a PR flash headline from any good news. Remember the big G650 and G400 order? How many do they really have on property years later? How many unencumbered aircraft do they have now?
I take a lot of pride that NetJets has never taken a dime of PPP or CARES money. Meanwhile Flexjet and a combo of its companies (DAC, Nextant, etc) took over $80 million and still laid off employees that the money was supposed to protect.
Sent from my iPhone using Tapatalk