PPRuNe Forums - View Single Post - Future of NetJets (Europe) ?!?
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Old 27th Jun 2008, 19:57
  #41 (permalink)  
No RYR for me
 
Join Date: Aug 2004
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I have not laughed so much in while.... SpainFly has a big chip on his shoulder but NO clue about how NJ or NJE works and what is currently going on...
Look what happened in US and you will see the same here . Job cuts , reducing salary .
They have increased the salary both in the US and Europe and last week signed a contract for another 40 Gulfstreams on top of the 33 7X's

Maybe a better idea to focus on the imploding Spanish aviation market with companies like Vueling and the like!

aeroncaman
It was a widely held belief that NJE did not turn a profit for 10 years; I heard figures of losses to the tune of 212 million USD, although I am not sure if this is true.
If you just read the annual report of Berkshire Hathaway you don't have to "rumour" that it is "a widely held believe" the figures are for everybody there to see and have been there for 3 years!!!! The company is now in their 13th year and 3rd profitable years.
No RYR for me is offline