Citation Shares to become CitationAir...

Reply Subscribe

Thread Tools

Search this Thread

08-12-2009, 02:11 PM

DWS1

Line Holder

Thread Starter

Joined APC: May 2008

Posts: 54

Citation Shares to become CitationAir...

Anyone have info on this admitted rumor?

08-17-2009, 04:11 AM

FlynPoPo

Line Holder

Joined APC: Apr 2008

Posts: 59

I heard the same from a friend who fly's for them..Said there were getting out of the shares business

08-17-2009, 07:56 AM

EXTW

Gets Weekends Off

Joined APC: Mar 2005

Position: Up Front

Posts: 286

Not getting out of the shares business. There are other facets of the company in addition to shares.

EXTW

08-17-2009, 09:27 AM

Tweet46

Gets Weekends Off

Joined APC: Apr 2007

Position: Desert Poolie

Posts: 354

Whewww...I can still tread water in the pool.

08-18-2009, 10:12 AM

cargo hopeful

Stethoscope

Joined APC: Feb 2006

Posts: 308

BIRDIE, are you saying it's broken or what?

08-18-2009, 05:40 PM

Blueridger

Gets Weekends Off

Joined APC: Dec 2007

Position: Chrysler Pacifica

Posts: 203

That may certainly be true and just like the plague of overcompetition that once affected (and still to some extent) the airline industry, it may become an issue of who can bleed the longest.

08-19-2009, 05:41 AM

bjtdrvr

Gets Weekends Off

Joined APC: Aug 2008

Posts: 160

back to the rumor mill for citation shares

this is only rumor but I have heard that Cessna has been put up for sale by Textron Lycoming. If that is the case and Citation Shares has never made any profit, why would they (Textron) keep CS? If they are branching out I would think that it would be in an attempt to become profitable. Just my opinion.

08-19-2009, 07:35 AM

geosynchronous

Gets Weekends Off

Joined APC: Aug 2007

Position: Corporate Captain

Posts: 164

As companies return to profitability, the demand will return. A business model that supports large block-time purchases may be more prevalent than outright share purchases given today's depreciating aircraft values.

08-28-2009, 08:23 AM

captainkudzu

Gets Weekends Off

Joined APC: Dec 2005

Position: Citation

Posts: 176

I agree. The decline in fractional demand is directly linked to the economy in general. The market for almost everything is smaller than it was two years ago.

<political commentary removed>

Last edited by IC ALL; 08-28-2009 at 08:28 AM. Reason: tos