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They had 420 airframes, dropped down to 400, and are going back up to 420 from what I understand. So no growth there. Originally Posted by Bozo
Hmm. I asked what is the five year plan at NJ. The a program mngr said.....No expansion just hold their own in case industry has down turn.
Their plan 2 years ago was to not grow. Now the 5 year plan is to not grow. What if this economy holds another 10 years? I still maintain that if NJA is this worried about a downturn when the economy is this good, they don’t have the capitol to hold on long term when it goes bad, and they are probably doing just ok right now, and if 50 billionaires were knocking the door down for shares, NJA would expand. I’m not sure there is a major demand to expand.