Originally Posted by
Ziggy
Budgeting, yes. But there is also such a thing as the cost of doing business. I think corporate america is trying to make such drastic cuts they are forgeting the this important aspect.
In the end, it takes money to make money.
But for how long? According to the article, there was no integrated business plan. I'll bet that most of the Netjets corporate customers used integrated business plans to run their businesses efficiently. I think there was a perception that Uncle Warren would fund all of the excess waste forever because of his huge wallet. But you need a return on investment and it can't take 20 years to achieve it.
Unfortunately, it's a tough lesson for a lot of pilots who probably left good jobs for the "ideal" fractional position. I wish everyone there good luck and a speedy return to work for those impacted.