How is your company doing?
Join Date: Aug 2002
Location: Up north
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I guess it all depends on how profits were used during times of good business. Were they invested into the company's infrastructure and spent on sourcing new markets and costumers etc preparing for worse times ahead, or did the owners cash out most of the profits to pay their 3rd (4th?) home, cars, wife's shopping trips etc etc... ?
It looks like large cabin (challengers, falcons, Gs) are doing slightly better under the current market conditions then the Citation/Lear operators. Maybe less competition and undercutting in this segment?
Good luck to all!
CP
It looks like large cabin (challengers, falcons, Gs) are doing slightly better under the current market conditions then the Citation/Lear operators. Maybe less competition and undercutting in this segment?
Good luck to all!
CP
Join Date: Jun 2005
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Funny thing -
Was watching USA TV News on CNNI today.
About the US economy...
xxx
Apparently the heads of GM, Ford and Chrysler went to Washington DC...
Obviously, to beg and cry for money - a few billions - in short, nothing much -
They went to KDCA with their private Gulfstreams or BBJs...
Beggars in corporate jets.
Frankly, they could not afford a first class ticket Northwest Airlines from Detroit.
xxx
Frankly, I do not mind if GM, Ford and Chrysler disappears.
Replace them by assembly lines for Japanese, German or French cars under licence.
No objection against a BMW 320 build in a Detroit plant.
And replace your Gulfstreams and BBJs with a Piper Navajo...
xxx
Happy contrails
About the US economy...
xxx
Apparently the heads of GM, Ford and Chrysler went to Washington DC...
Obviously, to beg and cry for money - a few billions - in short, nothing much -
They went to KDCA with their private Gulfstreams or BBJs...
Beggars in corporate jets.
Frankly, they could not afford a first class ticket Northwest Airlines from Detroit.
xxx
Frankly, I do not mind if GM, Ford and Chrysler disappears.
Replace them by assembly lines for Japanese, German or French cars under licence.
No objection against a BMW 320 build in a Detroit plant.
And replace your Gulfstreams and BBJs with a Piper Navajo...
xxx
Happy contrails
Join Date: Sep 2003
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It appears to be rather sad out there.
Vista is making people redundent, (Challenger crew)
I myself have to look as well.
I am Lear60 rated with a Canadian and JAR ATPL.
Any news would be appreciated.
Vista is making people redundent, (Challenger crew)
I myself have to look as well.
I am Lear60 rated with a Canadian and JAR ATPL.
Any news would be appreciated.
Join Date: Nov 2000
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Indeed it is very quit out there and i think the big bang was not even there yet.
Heard today that Tag aviation lost 5 aircrafts the last days.
I am wondering where the planes went all for sale?
Greets
Heard today that Tag aviation lost 5 aircrafts the last days.
I am wondering where the planes went all for sale?
Greets
Join Date: Nov 2002
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I know at least one aircraft lost at Tag (a brand new twin engine large cabin).
It looks like the "owner" was not able to finance the aircraft anymore.
May I suggest to post a specific thread about flight department, broker or charter companies closures so we can have a trend and a kind of overview?
It looks like the "owner" was not able to finance the aircraft anymore.
May I suggest to post a specific thread about flight department, broker or charter companies closures so we can have a trend and a kind of overview?
Join Date: Jan 2004
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mmmm
I did it a while back and old Duck Rogers got it a twist about it.
Not saying I was right and that we all want to know whats going on out there. Guess he just doesn't give a "Duck"
My company fly mid size jets and things have slowed down alot
Not saying I was right and that we all want to know whats going on out there. Guess he just doesn't give a "Duck"
My company fly mid size jets and things have slowed down alot
Last edited by Vanpilot; 2nd Dec 2008 at 19:17.
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Dont't tell me the 2000EASy of the Icelandic owner was sold off? What about the crew?
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Originally Posted by Spunky Monkey
How about it Mr Duck?
There's a difference between reporting the collapse of a company and hastening or causing their demise by whispering unsubstantiated gossip. We have no problem whatsoever with the former. Perhaps people would be less inclined to criticise moderation of the latter if their jobs were lost as a result of our allowing such threads to run? Damned if we do, damned if we don't but I for one don't want to be known as someone who allowed a perfectly good operator to go under and people lose their livelihoods because I didn't intervene in a case of Internet Tourette's.
As a wise man once said "Never criticise someone until you've walked a mile in their shoes. Then you'll be a mile away and still have their shoes".
Spunky. As you are clearly someone who understands the difference you might like to do the honours and start a thread.
Duck