Not in the least bit.

 

From what we were told, BH doesn't give out loans. They provide security for a BH company to get a loan at a very low interest rate from whoever is underwriting the loan. Yes, you pay a fee to BH for this and is another way to extract more money out of a BH company even though prior to Sokol coming on board we never had to pay this fee which according to Alice Schroeder was completely unheard of for a BH company.

It has been said by WB that is one reason BH has companies do business with each other as It allows money to move between them to generate more profit. I would love to see how much the relationship between Flight Safety and NetJets has generated for BH versus if they were not both owned by BH. Either way, it is nice to have the backing of BH in this pandemic and our bookings are going up each week.

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What debt? NJA has been debt free for some time now.


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Yea, I said the lack of debt....

 

You also said a lot more of than “lack of debt”. So I was helping you out. It seems that you don’t work at Netjets. That means that one of us has a better understanding than the other. Ps. I am one of the ones that work there.


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So you are management? You know how the loan structure of a multi billion dollar business works? Or do you flip gear and eat crew meals? Guessing the latter... I’ll let you educate me on how companies leverage themselves for loans.

And P.S. I worked there. Being a pilot at NJA doesn’t give you any insight into how running a business works and how loans are acquired.

 

Neither does being a pilot at Alaska.

Get a life.

 

good one : ) Alaska ? Really ? He’s that dude ?

 

Man I was just correcting you on the BS you said that later said you didn’t say. That’s all.

I’m not chasing you down all of your rabbit holes you dig for yourself. I have no idea what your post above has anything to do with your original comment.

Go back into your rabbit hole to bait someone else. As another friend says, “Cheers Out”


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What's the current situation at NJA? How much flying do you guys do compared to the same time last year? Here in Europe we are still down significantly but up sign significantly from last month. I'd say most days we are at 50% of normal with some days closer to 75% of normal.