Originally Posted by
BStill
For those of us considering the pros and cons of joining a fractional vs. 121, and comparing amongst the fractionals, what does this mean for the health of the Flexjet business future? Is this a good sign? or cold feet?
Well it didn't sound good but I don't think Flexjet is in any imminent danger. Keep in mind one of the good things about NetJets is you have Uncle Warren and Berkshire Hathaway standing behind the company. That gives a lot of security to our owners as to the safety of their aircraft shares. When that Piaggio 180 Fractional Avantair went belly up the owners only got around 10 cents on the dollar back on their shares. With BH owning NetJets that won't happen.