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Old 1st Mar 2007, 07:18
  #30 (permalink)  
TooBadSoSad
 
Join Date: Dec 2004
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The problem with NAC using contracts to sell aircraft is that they often screwed the person they sold the aircraft to as the aircraft was overpriced and the contract far from what they promised the buyer he / she would get out of it. Then when things went pear-shaped with the contract, they simply laughed the buyer off and went in search of the next victim. Case in point is the bank run contract they used to have. They sold a certain buyer a B55 Baron with guaranteed utilisation on the bank runs and a few months later when the one specific route was shut down, they gave that owner notice and refused to place the aircraft on another route. The owner then went out and pitched to the company operating the bank runs and took the contract over from NAC. Sweet justice!! The owner of Norse Air was also screwed over by NAC on his first B1900D purchase in a similiar way and now look at how big that company has become. Also understand that Exec. T owner operates in a similiar fashion to NAC.
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