Thread: Mainline Hiring
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Old 12-08-2021 | 07:34 AM
  #48  
AirBear
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Joined: Dec 2017
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From: Retired NJA & AA
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During the 2008 downturn what almost killed NJA was owners using their jets as ATM's. They were cashing in their fractional shares to cover stock market losses and NJA was obligated to buy them because of the contract. As contracts were renewed that was fixed after the recovery so it won't happen again. Normally NJA is more recession proof than the airlines are. Thurston and Lovey don't want to give up their private jet.
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