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Apparently their unique selling pint is ..... decent espresso
Summary: - $1.5 billion order for 110 Lear jets (no time scale stated) - Target the 3 million high net worth types in Europe/Russia (growing by 250K next year, despite credit crunch) - UK and Eire will be biggest markets - Prices to match Netjets EU (and based out of Portugal too!)
I sent you two PM's asking why you had posted simply "Jet Republic. Here. " in the Whitejets thread and then started another thread saying exactly the same thing. As you did not reply and I had no idea what your point was I closed the thread and deleted your misplaced comment. If you don't answer me I can't help you.
Also. Generally speaking the members of this forum prefer to read something longer than three words.
Makes sense I suppose. There are dozens of ex-Netjets ops people kicking around down there. Cheap supply of staff though I wouldn't be relying on some of the training
Duck, I didnīt see your pmīs and when i was going to say something more, the post it was closed. Now , i think youīve realized why i posted first in WhiteJets topic and then i opened a new one because i thought it was interesting. Yes, maybe everybody is very busy and i was giving information in a very strange way. No problem anyway. I better stay reading... Cheers
Well reportreaching I saw both your posts and wondered what the hell you were on about too. I also see that there is another thread on here about your friend's company. You can't blame the moderators for you not checking your inbox. Anyway, don't PPRuNe have rules about advertising?
Buttie Box. Whatever terms and conditions you are promised (if this venture gets that far) get them in writing and have a friendly employment lawyer check it for you. Given the track record of some of the people involved you need to be careful.
Copied, thank you. Sounds a bit like, "Son of Netjets." Who knows, that might be where aviation is heading for the next 10 years or so. I have a well-paid job at the moment but would happily sacrifice it for something that didn't mean crossing 48 time-zones per month and getting only 2 days off in between ULH flights.
Looks like the CEO is a former Netjets Europe pilot. Additionally, many other senior employees (including the CFO and head of operations) spent time at NJE.
I watched the main video on the website and I was surprised to hear the CEO say that the Lear 60XR is unmatched in its capabilities. Really? He also mentioned that there is nothing faster on the market. Is he not familiar with the Citation X?
It will be interesting to watch as NJE, Jet Republic and Vista Jet start to actively compete in the marketplace. Were there any estimates on when Jet Republic would actually start hiring pilots?
Also CEO was heard to state on BBC Radio 4, after extolling the virtues of said espresso...."most private jets only offer stale sandwiches and flasks of rubbish coffee...." Really ? which private jets would these be then??? What a w*****r !
The Jet Republic website claims that the Lear 60XRs will be staffed by flight attendants. Isn't that airplane a bit small for a flight attendant? Won't that limit the number of passengers, bags, etc. that can be carried? Sure, that would improve the comfort of the passengers on flights with 1-4 passengers (it would be nice to be pampered) but it could be a tight squeeze if you have more people flying and you are servicing a short airstrip where aircraft weight is a big consideration.
Do you think the selection of the Lear 60XR was based on performance/capabilities or merely availability of aircraft in the near-medium term? Could Jet Republic have ordered a comparable number of airplanes from Cessna (i.e., XLS or Sovereign) or Raytheon (Beechjet or 800XPC) in the same time frame? Probably not.
My guess is that Bombardier is involved. Interesting that they are mentioned nowhere and have possibly decided to remain in the sideline. Wonder why?
Maybe lack of confidence in the project? Maybe still gun shy after Flex Jet Europe? Both?.
Don't know much about the Lear 60. Think its nice piece of kit but with some considerable limitations, mainly runway performance. I think that it hasn't sold very well and Bombardier probably is willing to make some good "internal" deals on it. I am quite sure it's much easyer to get your hands on a new 60 than other similar types. Unlike other manufacturers, I get the feeling that Bombardier has more production capability than demand for the 60.
If it works, this could be a cushi deal for both partyes.
Surprising though that they" ordered "110 of the same type. Fleet commonality is good, but some clients might only need or be able to afford a lear 40, and others might want a 300, 605 or Global.
What seems clear is that it will be Bombardier Aircraft. The one that has been left out by Net Jets.
By the way, anyone know what pay and conditions will be?
I agree that there is a trade off between economies of scale with a huge number of Lear 60XRs and the need to appease the requests for greater/smaller capacity from owners and card holders. A Vista Jet owner can use a Lear 60XR one day and a Challenger 300 another day if they need the additional lift. NJE offers similar flexibility with their diverse fleet.
We'll see if the global economy holds up providing a market for these fractional carriers going forward. Now is perhaps not the best time to start a capital-intensive fractional business. Time will tell...
I agree that more details would be nice. Do people have more specifics on hiring plans, pilot bases, actual start-up date, etc.?
Seems a little like NJ USA and Flex jet situation maybe.
I may have missed a trick but on their website they offer a range of aircraft on a pre-pay block hour basis. With so many 60XR's that may cover the medium range, but surely then who will supply the global aircraft etc? Will that be an approved supplier listing?
Surely (although fairly expensive) to sell block hours in aircraft you have to charter is fairly risky as you cannot guarantee good availability to quality ratio (whilst flying the customer under your own banner), i.e via operators you would not want to use, I certainly know there are operators I would never dream of putting my customers near!
They must be getting a very good deal from Bombardier. They won't be going into quite a few strips Netjets can get into, though, what with needing approximately 6000 feet commercially, if memory serves correctly. Quite a disadvantage right from the outset, one would think?
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