Netjets latest & greatest:
02-19-2017 | 05:34 AM
#1661
Gets Weekends Off
Joined: Dec 2014
Posts: 216
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There is no real fleet growth. Simply a refresh in progress. Maybe limited growth will follow, but those decisions are usually made by bold leadership.
02-19-2017 | 03:18 PM
#1666
Banned
Joined: Jan 2013
Posts: 1,919
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Yep, which will be a half decade or more at this rate. Dumping 100 XLs, a dozen Encores, several dozen Xs, all the Hawkers. Over half the entire NetJets fleet is in displacement and we are getting 3-4 airframes a month at best.
Not saying that's not a smart move on the company's part, it is. But it doesn't change the fact that there's no growth for a long time coming.
Not saying that's not a smart move on the company's part, it is. But it doesn't change the fact that there's no growth for a long time coming.
02-19-2017 | 04:12 PM
#1667
Line Holder
Joined: Jun 2015
Posts: 1,864
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From: Left
02-19-2017 | 05:53 PM
#1669
Gets Weekends Off
Joined: Jan 2015
Posts: 166
Likes: 0
Years from now when the fleet update is complete and NJA is at 2400 pilots, it'll still take another 750million check (conservatively) from BH to get back to 2015 pilot staffing numbers.
When management starts talking about BH opening the purse strings, then we can discuss growth. Until then NJA is at best "putting themselves in the position where they could grow".
When management starts talking about BH opening the purse strings, then we can discuss growth. Until then NJA is at best "putting themselves in the position where they could grow".
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