Recessions
07-19-2022 | 07:24 AM
#11
Speed, Power, Accuracy
Joined: Sep 2007
Posts: 1,796
Likes: 9
From: PIC
This is a far bigger threat to our industry than a recession:
https://www.breitbart.com/entertainm...te-jet-flight/
And not just the deranged climate alarmism of the wokesters but the tone deaf excesses of the celeb crowd drawing negative scrutiny to private aviation.
https://www.breitbart.com/entertainm...te-jet-flight/
And not just the deranged climate alarmism of the wokesters but the tone deaf excesses of the celeb crowd drawing negative scrutiny to private aviation.
07-19-2022 | 07:52 AM
#12
Line Holder
Joined: Mar 2015
Posts: 267
Likes: 4
I completely agree with you. As other world orders have taken precedent, this is somewhat been forgotten about. However, I believe it will manifest again with a vengeance. However, it may affect corporations first before us as we can somewhat hide owners. However, when it does happen, I don't see the huge growth our company is planning for. Add the airlines pressuring the government and politicians for a sound bite, we are in for a rude awakening in a few years.
Sent from my SM-N986U using Tapatalk
Sent from my SM-N986U using Tapatalk
07-19-2022 | 08:26 AM
#13
Gets Weekends Off
Joined: Jan 2015
Posts: 1,063
Likes: 0
Political pressures do rear their ugly head every so often, however, a company can signal a lot of virtues by closing their visible flight departments. (..........then quietly getting a share with a fractional.........)
07-19-2022 | 08:30 AM
#14
Gets Weekends Off
Joined: Dec 2007
Posts: 205
Likes: 0
From: Chrysler Pacifica
This is a far bigger threat to our industry than a recession:
https://www.breitbart.com/entertainm...te-jet-flight/
And not just the deranged climate alarmism of the wokesters but the tone deaf excesses of the celeb crowd drawing negative scrutiny to private aviation.
https://www.breitbart.com/entertainm...te-jet-flight/
And not just the deranged climate alarmism of the wokesters but the tone deaf excesses of the celeb crowd drawing negative scrutiny to private aviation.
CO2 emissions are something the ENTIRE aviation industry will need to deal with eventually, but so is just about every other transportation sector.
07-20-2022 | 03:37 AM
#15
Gets Weekends Off
Joined: Mar 2021
Posts: 200
Likes: 0
This is a far bigger threat to our industry than a recession:
https://www.breitbart.com/entertainm...te-jet-flight/
And not just the deranged climate alarmism of the wokesters but the tone deaf excesses of the celeb crowd drawing negative scrutiny to private aviation.
https://www.breitbart.com/entertainm...te-jet-flight/
And not just the deranged climate alarmism of the wokesters but the tone deaf excesses of the celeb crowd drawing negative scrutiny to private aviation.
Private jet travel remains the best, most efficient way to get from A to F with no letters between.
Woke jokes everywhere these days but even AOC would use a jet if she could afford it.. Only cause people want to date her. 😂😂
At the end of the day, energy is about control of the masses. Control is power. Nothing more.
07-24-2022 | 04:22 AM
#16
Line Holder
Joined: Aug 2020
Posts: 69
Likes: 0
From: Both Seats
This wasn't the result of any "ordinary" recession. The economic collapse in 2008 was massive. We hadn't seen anything even close to it since the great depression. But that wasn't the only factor. The whole Bernie Madoff thing happened at the same time. We lost many aircraft worth of clients because of him.
But probably the biggest factor leading up to the furloughs was Kenny Dichter. Netjets purchased dozens of aircraft just to service the Marquis crowd. When Dichter left us holding the bag on that one we ended up with dozens of unencumbered aircraft.
Combine all that and yeah, Netjets furloughed. It didn't help that RTS had committed to purchasing a lot of Hawker 400XP's which we had no clients for.
As was said, Netjets is structured very differently now.. I certainly wouldn't use the word "never" in regards to future furloughs. Who can predict just how bad things can get from time to time? Life never ceases to surprise me. But when it comes to recessions that are more typical to the economic cycle I'd say there's very little for our pilots to worry about.
But probably the biggest factor leading up to the furloughs was Kenny Dichter. Netjets purchased dozens of aircraft just to service the Marquis crowd. When Dichter left us holding the bag on that one we ended up with dozens of unencumbered aircraft.
Combine all that and yeah, Netjets furloughed. It didn't help that RTS had committed to purchasing a lot of Hawker 400XP's which we had no clients for.
As was said, Netjets is structured very differently now.. I certainly wouldn't use the word "never" in regards to future furloughs. Who can predict just how bad things can get from time to time? Life never ceases to surprise me. But when it comes to recessions that are more typical to the economic cycle I'd say there's very little for our pilots to worry about.
Sokol had no clue how an aviation company list operates and thought he'd strong arm the pilot group as he did non-pilot employees.
Sokol's reign of terror ended in August, 2009.
07-24-2022 | 05:09 AM
#17
Gets Weekends Off
Joined: May 2021
Posts: 421
Likes: 0
Y'all do realize the ones complaining about private jets are the ones flying private jets, right? The climate scam, just like the covid scam is going to be directed at the poor and middle class. Go eat your grasshoppers before Klaus gets mad now.
07-24-2022 | 05:43 AM
#18
Gets Weekends Off
Joined: Sep 2013
Posts: 684
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I doubt the 1 million people in this country who died of covid thought it was a scam while they were gasping for their final breaths, or the people in northern England last week who were roasting at 106 f with no air conditioning.
Don't let facts get in the way of your narrow brainwashed little mind now!
Of course zombies are real though and they all have covid because they refuse to wear a mask. I bet that's who they died in the first place. May be they'll die of it twice!
07-24-2022 | 08:21 AM
#19
Banned
Joined: Apr 2017
Posts: 4,208
Likes: 6
07-24-2022 | 11:02 AM
#20
Gets Weekends Off
Joined: Sep 2013
Posts: 684
Likes: 0
Really? It's amazing that so many pilots are also scientists. Why don't you try sitting in your garage with the door closed and the engine running to prove how harmless those emissions are?
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