JetBird
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On the risk of being called a paper boy just compare the two articles:
and in Flight this week....
JetBird’s Start-up Grounded by Delays at Embraer
By: Charles Alcock
October 13, 2009
Charter
Production delays at Embraer’s factory and an associated bottleneck in the pilot training process for its new Phenom 100 light jet have delayed the service launch of air-taxi firm JetBird. The company expected to begin revenue flights last month from its initial operating base at Cologne, Germany, but CEO Stefan Vilner said this will now happen “before the end of this year.
Vilner told AIN that delays in initial Phenom 100 deliveries to JetBird and other customers had in turn meant that too many pilots simultaneously needed to access the available training infrastructure, creating a logjam. JetBird also raised a further €5 million ($7.3 million) in capital last month from an undisclosed investor.
Vilner indicated that the company is still seeking further investment, though he said JetBird already has all the working capital it needs. In September last year, as the credit crunch was beginning to squeeze business aviation start-up firms, undisclosed Saudi Arabian investors paid €10 million ($14.6 million) for a 9.3-percent stake in the company.
Around that time it also secured debt financing from Royal Bank of Scotland on the first 25 of the 59 Phenom 100s for which JetBird holds firm orders.
By: Charles Alcock
October 13, 2009
Charter
Production delays at Embraer’s factory and an associated bottleneck in the pilot training process for its new Phenom 100 light jet have delayed the service launch of air-taxi firm JetBird. The company expected to begin revenue flights last month from its initial operating base at Cologne, Germany, but CEO Stefan Vilner said this will now happen “before the end of this year.
Vilner told AIN that delays in initial Phenom 100 deliveries to JetBird and other customers had in turn meant that too many pilots simultaneously needed to access the available training infrastructure, creating a logjam. JetBird also raised a further €5 million ($7.3 million) in capital last month from an undisclosed investor.
Vilner indicated that the company is still seeking further investment, though he said JetBird already has all the working capital it needs. In September last year, as the credit crunch was beginning to squeeze business aviation start-up firms, undisclosed Saudi Arabian investors paid €10 million ($14.6 million) for a 9.3-percent stake in the company.
Around that time it also secured debt financing from Royal Bank of Scotland on the first 25 of the 59 Phenom 100s for which JetBird holds firm orders.
NBAA 09: Financing challenges at JetBird and JetSuite drive Phenom 100 delivery shortfall
By Brendan Sobie
In another sign of the tough economic times, Embraer has more than 10 Phenom 100 very light jets sitting at the factory waiting for delivery as European air taxi start-up JetBird and US charter operator JetSuite struggle to secure financing.
The manufacturer was expecting to deliver 35-40 Phenom 100s in the third quarter, but delivered only 22 aircraft. Chief executive Fred Curado says Embraer has not encountered any problems ramping up production, but "commercial issues" have prevented it from meeting its delivery targets.
Embraer executive vice-president for executive aviation Luis Carlos Affonso says two of Embraer's largest Phenom 100 customers, JetBird and JetSuite, account for a majority of the "shortfall".
JetBird, which has been planning to launch operations across Europe in September but has not yet taken delivery of any aircraft, has 59 Phenom 100s on order. "I believe they are very close to taking delivery of airplanes," Affonso told Flight Evening News.
JetSuite launched charter operations in May using one leased Phenom 100. At the end of September it took its second aircraft and the first from its 60-aircraft order. JetSuite chief executive Alex Wilcox acknowledges it is behind in deliveries due to various reasons including "financing realities" but plans to catch up by year-end with five or six Phenom 100s to be delivered in the current quarter.
Affonso and Curado are confident Embraer will be able to catch up on Phenom 100 deliveries this quarter. Curado says Embraer's earlier target of delivering 110 Phenom 100s this year "is still doable" although this will require 65 fourth quarter deliveries.
He says Embraer is on track from a production standpoint. He says the 100th production Phenom 100 is already on the assembly line.
Affonso adds that if JetBird and JetSuite are able to close on financing both will be able to take several aircraft in quick succession.
Given the current backlog, the next available slot for a Phenom 100 or 300 is technically 2013, but Affonso acknowledges Embraer has 2010 slots available for both types. He says Embraer is still on track to certificate and deliver the first batch of Phenom 300s at the end of this year.
By Brendan Sobie
In another sign of the tough economic times, Embraer has more than 10 Phenom 100 very light jets sitting at the factory waiting for delivery as European air taxi start-up JetBird and US charter operator JetSuite struggle to secure financing.
The manufacturer was expecting to deliver 35-40 Phenom 100s in the third quarter, but delivered only 22 aircraft. Chief executive Fred Curado says Embraer has not encountered any problems ramping up production, but "commercial issues" have prevented it from meeting its delivery targets.
Embraer executive vice-president for executive aviation Luis Carlos Affonso says two of Embraer's largest Phenom 100 customers, JetBird and JetSuite, account for a majority of the "shortfall".
JetBird, which has been planning to launch operations across Europe in September but has not yet taken delivery of any aircraft, has 59 Phenom 100s on order. "I believe they are very close to taking delivery of airplanes," Affonso told Flight Evening News.
JetSuite launched charter operations in May using one leased Phenom 100. At the end of September it took its second aircraft and the first from its 60-aircraft order. JetSuite chief executive Alex Wilcox acknowledges it is behind in deliveries due to various reasons including "financing realities" but plans to catch up by year-end with five or six Phenom 100s to be delivered in the current quarter.
Affonso and Curado are confident Embraer will be able to catch up on Phenom 100 deliveries this quarter. Curado says Embraer's earlier target of delivering 110 Phenom 100s this year "is still doable" although this will require 65 fourth quarter deliveries.
He says Embraer is on track from a production standpoint. He says the 100th production Phenom 100 is already on the assembly line.
Affonso adds that if JetBird and JetSuite are able to close on financing both will be able to take several aircraft in quick succession.
Given the current backlog, the next available slot for a Phenom 100 or 300 is technically 2013, but Affonso acknowledges Embraer has 2010 slots available for both types. He says Embraer is still on track to certificate and deliver the first batch of Phenom 300s at the end of this year.
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Jetstreamrider, I am at a loss why you have to be so uncouth. 
I am not going to argue with you about the relevance of the articles, especially given the dates and the sources quoted. If you don't see it, that's okay.
Please note that I did not opine or speculate about the content. If you find that offensive for any reason, may I politely suggest that you just stop reading my posts?
P.S.: Others seem to get it
I am not going to argue with you about the relevance of the articles, especially given the dates and the sources quoted. If you don't see it, that's okay.
Please note that I did not opine or speculate about the content. If you find that offensive for any reason, may I politely suggest that you just stop reading my posts?P.S.: Others seem to get it
Last edited by Cpt_Schmerzfrei; 27th Oct 2009 at 22:30. Reason: PS added
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CPT...I'm not looking for an argument and my apologies if I seemed a bit 'uncouth' but my point was to highlight that the two articles contradict each other. RYR seems to highlight this too.
Highlighting these articles for everyone is good and hopefully the news will become more and more positive as everyone gets the phone calls they are waiting for.
Good luck!
Highlighting these articles for everyone is good and hopefully the news will become more and more positive as everyone gets the phone calls they are waiting for.
Good luck!
pneumono
ultramicroscopic
silicovolcano
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ultramicroscopic
silicovolcano
coniosis
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Applying for FO. Got my call yesterday. Everything pretty much as stated.
Wish I'd seen the list of questions before hand though - caught me on the hop slightly.
Wish I'd seen the list of questions before hand though - caught me on the hop slightly.
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Hey Uffie,
Im also still waiting so lets see what happens...i guess we also did get the email stating 10min tel interview in sept/oct but havent had it as yet so im worried too now...
well fingers crossed i guess...nothing else....
Im also still waiting so lets see what happens...i guess we also did get the email stating 10min tel interview in sept/oct but havent had it as yet so im worried too now...
well fingers crossed i guess...nothing else....
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Everybody who receives the call, please ask the following question to show you have researched the company you want to work for: Is there funding yes or no?
Might save you a lot of time...
Remember this operator in Lisbon that went down on the day the investors had to pour money in.. the fact that there are aircraft waiting for funding is a very bad sign 
Might save you a lot of time...
Remember this operator in Lisbon that went down on the day the investors had to pour money in.. the fact that there are aircraft waiting for funding is a very bad sign
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Im begining to loose hope now on this call....im tired of staring at my phone..lol
I am begining to feel jebird have made the calls they wanted......but im still confused then why email us with that initial ..."expect 10 min tel....."
Stange reallly.....something surely is not right! time will tell i guess but i wish everyone good luck....
good day
I am begining to feel jebird have made the calls they wanted......but im still confused then why email us with that initial ..."expect 10 min tel....."
Stange reallly.....something surely is not right! time will tell i guess but i wish everyone good luck....
good day
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Hi Dude
Yes you would think so but I just want to temper the optimisme of the "have they called already"brigade. Not so much to sound as a negative b@st@rd (I like to call it experience
) but to make sure that people are aware before they move house, buy typeratings etc that there is a risk involved...
Yes you would think so but I just want to temper the optimisme of the "have they called already"brigade. Not so much to sound as a negative b@st@rd (I like to call it experience
) but to make sure that people are aware before they move house, buy typeratings etc that there is a risk involved...
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I think that they are experiencing some delays with the launch so I guess there is a possibility that what you were all told about phone interviews could be subject to some delays. I guess you all need to make contact with the company with the view to getting some real answers.
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no call here
my last name start with a D thou.
but i was thinkin if they have 2 or 3 guys calling and probably 1000 or more applications that would take forever.
but i might start calling them next week.
my last name start with a D thou.
but i was thinkin if they have 2 or 3 guys calling and probably 1000 or more applications that would take forever.
but i might start calling them next week.