Netjets New Aircraft Purchase Agreement
11-07-2010, 05:20 PM
#11
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Originally Posted by KeepingItReal
Time will tell regarding this announcement. Lets just hope it's not another 'Barbie Jet' in disguise...
These are simple jets.
Embraer's niche seems to be to give you a big cabin for your money with low operating costs and performance that is somewhere around par with it's class.
They're not out to be a Citation X bragging about speed, instead, they give you a mach .8 airplane for the same price, same operating cost and a GIV cabin without the headroom... and with none of the velcro.
11-07-2010, 07:01 PM
#12
Gets Weekends Off
Joined APC: Apr 2007
Position: F/O- G-V/550
Posts: 1,163
Originally Posted by jtf560
Several years ago the company got a great price on the Hawker 400 (formerly Beech jet). They could sell them at a huge profit, but the problem is that the aircraft is so severely limited in it's take-off performance that many of the flights the owners want to do can't be done and a more capable airplane has to be brought in for the flights (usually at NetJets expense). NetJets never got the exemption that allows them to turn off the anti-ice for takeoff to meet performance numbers like some other operators have. Therefore if anti-ice is required, it pretty much sits there until the wx changes. That doesn't sit so well with customers who watch every other jet take off safely enough while they are told they can't. I have no idea if the huge sales profits have so far been enough to offset the costs of other airframes doing so much of the flying for them. As time goes by, it is more and more likely that NJA is now losing money on the program unless they have been able to crank the operating and management fees up enough to cover it.
The Beech Jet was a bad investment all around, but you can't really blame Santulli for inking the deal. It seemed like great deal at the time..
Heard a story about a Beech jet not being able to take off out of Morristown because of light snow. MMU is at sea level, I believe they had 5 passengers, and when they plugged in the numbers, the computer said "oh hell no". I know, I had to divert in there to do the trip.
11-08-2010, 07:03 AM
#13
Gets Weekends Off
Joined APC: May 2006
Posts: 1,024
I have heard that the mighty 400 is actually quite popular and able to do the job most of the time for NJE. Maybe they will have as many as possible NJA based 400s migrate across the pond as light jet demand improves over there. At the time of the purchase NJA couldn't get jets fast enough so I'm sure that adding another at a great price just seemed too good an idea to pass up.
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