NetJets orders 425 new jets
#1
NetJets orders 425 new jets
Buffett Buys Cessna, Bombardier Planes in $9.6 Billion Deal - Bloomberg
nice to see some good news in the industry....
nice to see some good news in the industry....
#3
Buffett Buys Cessna, Bombardier Planes in $9.6 Billion Deal - Bloomberg
nice to see some good news in the industry....
nice to see some good news in the industry....
#4
#5
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Joined APC: Nov 2011
Posts: 31
Both companies are going thru big changes, involving pilots losing their jobs. I certainly wouldn't say this is "GREAT NEWS" unless you are a NetJets pilot and don't care what is going on around you. Unless there is growth in these orders at NJA, it may not even be good news for them. And I doubt there will be any growth over there for awhile.
#7
Both companies are going thru big changes, involving pilots losing their jobs. I certainly wouldn't say this is "GREAT NEWS" unless you are a NetJets pilot and don't care what is going on around you. Unless there is growth in these orders at NJA, it may not even be good news for them. And I doubt there will be any growth over there for awhile.
Maybe its just me, but as an aviation supporter (and employee of the industry), new equipment, more planes, airplane factory assembly lines kept open, etc, are indeed good news. Warren Buffet, no dummy, didn't green light spending money on new jets unless he felt it justified.
#8
Both companies are going thru big changes, involving pilots losing their jobs. I certainly wouldn't say this is "GREAT NEWS" unless you are a NetJets pilot and don't care what is going on around you. Unless there is growth in these orders at NJA, it may not even be good news for them. And I doubt there will be any growth over there for awhile.
as for growth at Netjets, I agree with you. NJ is retiring aircraft like crazy and besides some of those challengers will probably end up with Netjets Europe. not much growth
#9
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Joined APC: Jul 2006
Position: Space Shuttle PIC
Posts: 2,007
Hey UCLAbruins - I just sent you a PM.
Great news about the order! By the way, which Netjets fleets are likely to be retired sooner than others? What is the likely order? I know the Ultras are gone and the older XLs and Xs are starting to depart...
Great news about the order! By the way, which Netjets fleets are likely to be retired sooner than others? What is the likely order? I know the Ultras are gone and the older XLs and Xs are starting to depart...
#10
I'm pretty sure their G-IV (non 450) fleet is on its way out because they are all older with tons of hours on them. Their older citations and beechjets are dated as well.
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