Blink 3 Mustangs up for sale . . .
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Blink 3 Mustangs up for sale . . .
Just noted a new listing on controller for 3 of Blinks 7 Mustangs . . .
JetConcept Ltd Aircraft For Sale At Controller.com - Page 1
Air taxi alternative to jet cards and private jet charters | Blink
JetConcept Ltd Aircraft For Sale At Controller.com - Page 1
Air taxi alternative to jet cards and private jet charters | Blink
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Fleet renewal
A reliable source tells me that they are beginning to renew the fleet. The three listed were among the first off the production line and they are using deliveries scheduled for this year to renew the fleet with more later units. If they get a good offer, they'll sell them, otherwise they won't.
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Well that is good news then!!!
Here is a Mustang 'owner' with some divorce problems!!
Millionaires¿ break-up gets plane nasty | Mail Online
Here is a Mustang 'owner' with some divorce problems!!
Millionaires¿ break-up gets plane nasty | Mail Online
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If they got a good offer they would sell them. By God, the pre-owned and new markets are in total turmoil - who are they kidding??
I don´t mean any malice upon them but this doesn´t look positive.
I don´t mean any malice upon them but this doesn´t look positive.
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I'm with suitcaseman. Even if it's just so they can say "Europe's newest fleet of jets" it's an expensive way of selling yourself to a market that - at the minute - I don't think is massively concerned by aircraft age.
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WOW! I have to agree sounds like they are in trouble!
What's the difference between a 2 year old airplane and a new one?
Doesn't make any sense!
What's the difference between a 2 year old airplane and a new one?
Doesn't make any sense!
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I'm not sure they are actually trying to sell them, you can buy Mustangs much cheaper than that. It is more likely that they are using the aircraft as a carrott to attract some potential owners for the surplus aircraft they have on order.
More worrying for them is that the only 2007 aircraft I can find that they own had 1089 hours on it in December and now only has 1160, if that's an average accross the fleet then the writing would certainly be on the wall.
Good old G-INFO.
More worrying for them is that the only 2007 aircraft I can find that they own had 1089 hours on it in December and now only has 1160, if that's an average accross the fleet then the writing would certainly be on the wall.
Good old G-INFO.
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Price was high when the bought
I believe the price Blink paid for their Mustangs is higher than what they are going for today. So I imagine they are struggling and thought selling a few planes may help the business.
Al Jaber Aviation in AUH are having same problem: they ordered aircraft when prices were 30-40% higher than now.
Now would be a good time to buy.
Al Jaber Aviation in AUH are having same problem: they ordered aircraft when prices were 30-40% higher than now.
Now would be a good time to buy.
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Phil,
With the greatest of respect you really should shove your head up your own proverbial a--e.
Blink are in no way financial stricken with business growing month on month, there is nothing sinister in the ptential sale of the first airframes as they were preowned and all subsequent aircraft will be brand new airframes to the latest mod status.
I know our hours a month are exceeding yours having spoken to two of your pilots recently down route so I wouldn't start rubbing your hands with glee yet at the prospect of Blinks demise.
This is due to my managers not spending his time on Pprune.
With the greatest of respect you really should shove your head up your own proverbial a--e.
Blink are in no way financial stricken with business growing month on month, there is nothing sinister in the ptential sale of the first airframes as they were preowned and all subsequent aircraft will be brand new airframes to the latest mod status.
I know our hours a month are exceeding yours having spoken to two of your pilots recently down route so I wouldn't start rubbing your hands with glee yet at the prospect of Blinks demise.
This is due to my managers not spending his time on Pprune.
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Phil,
With the greatest of respect you really should shove your head up your own proverbial a--e.
Blink are in no way financial stricken with business growing month on month, there is nothing sinister in the ptential sale of the first airframes as they were preowned and all subsequent aircraft will be brand new airframes to the latest mod status.
I know our hours a month are exceeding yours having spoken to two of your pilots recently down route so I wouldn't start rubbing your hands with glee yet at the prospect of Blinks demise.
This is due to my managers not spending his time on PPRuNe.
With the greatest of respect you really should shove your head up your own proverbial a--e.
Blink are in no way financial stricken with business growing month on month, there is nothing sinister in the ptential sale of the first airframes as they were preowned and all subsequent aircraft will be brand new airframes to the latest mod status.
I know our hours a month are exceeding yours having spoken to two of your pilots recently down route so I wouldn't start rubbing your hands with glee yet at the prospect of Blinks demise.
This is due to my managers not spending his time on PPRuNe.
I know our hours a month are exceeding yours
Then again I predicted that they would be gone in a Blink... and have been proven wrong so far...
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Highflight, you can scream and yell all you want on a forum it does not take away from the the fact that your employer is selling 3 of its fleet at a steep discount and has only accumulated less then 100 hours on one of the airframes in 6 months.
And of course it makes perfect sense to replace a perfectly fine and low houred aircraft with one that cost so much more due to the weak Pound.
And of course it makes perfect sense to replace a perfectly fine and low houred aircraft with one that cost so much more due to the weak Pound.
Last edited by cldrvr; 23rd Jun 2010 at 10:01.
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Highflight,
Let's not bother doing this again. I think it won't make money, you think that it's a fantastic business plan and that everyone at Blink is amazing. One of us is wrong, and only time will tell.
I am just pointing out that the aircaft is 3 years old and has done well under half the utilisation in Blink's original plan, and has done only 71 hours in the last 6 months. If this is typical of the fleet, I can assure you that your utilisation is lower than any of our aircraft.
Let's do it this way, why not get a tech log from Feb 1st, a tech log from Feb 28th on the same aircraft (you choose your busiest one) and I'll do the same.
Phil
Let's not bother doing this again. I think it won't make money, you think that it's a fantastic business plan and that everyone at Blink is amazing. One of us is wrong, and only time will tell.
I am just pointing out that the aircaft is 3 years old and has done well under half the utilisation in Blink's original plan, and has done only 71 hours in the last 6 months. If this is typical of the fleet, I can assure you that your utilisation is lower than any of our aircraft.
Let's do it this way, why not get a tech log from Feb 1st, a tech log from Feb 28th on the same aircraft (you choose your busiest one) and I'll do the same.
Phil
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I am only a pilot not some high flying City boy, but let's do some simple maths. Supposed you would get 2.2 for your 3 year old airframe (I know that is stretching it a bit but let's give them the benefit of the doubt), so you lost 600-800k on that airframe and lets suppose you could get a replacement for 2.7 (again let's give them the benefit of the doubt) so that would cost you an additional 500k for your replacement. So all in all the exercise, not even taking the fact that Sterling has dropped severely, would cost you 1.1 - 1.3 mill. So having flown, let's again give them the benefit of the doubt, 600 hours on said airframe since you guys purchased it, your little replacement exercise for a "new" model would have cost you in the region of 2.000 USD per hour. Again let me stress I am just a humble pilot, but those numbers don't make a lot of sense to me.
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Sorry, trying to learn something here, as English is not my mothertongue.
If someone is ill informed should he not pull his head out of his @rse thus subjecting same head to possible information? Or is Blink information and details to be found inside ones @rse?
I am confused
...proverbial or not
If someone is ill informed should he not pull his head out of his @rse thus subjecting same head to possible information? Or is Blink information and details to be found inside ones @rse?
I am confused
...proverbial or not
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Cessna Slows Citation Mustang Production
By: Matt Thurber
June 10, 2010
Business Aviation Aircraft
Cessna Aircraft instituted rolling furloughs on May 17 affecting up to 200 people at the company’s Independence, Kan. factory, delaying production of the Citation Mustang light jet through early August.
Responding to questions at the Electrical Products Group Annual Conference last month, Textron president and CEO Scott Donnelly said that Mustang sales have been softer than expected, “and if we need to modulate our production rates there, we will do that. We have a couple of issues around the supply chain, driven by the floods in Rhode Island, that might cause us to have do a little production break.
We might shut that down for a little bit and figure out when to bring it back. Donnelly added, “We’re going to have some cancellations on the Mustang side that are sort of out-year deals.
We have one customer [that has] taken a number of deliveries. [It is] doing very well, but [it doesn’t] see the demand to take deliveries over the next couple of years.
According to a spokeswoman, Cessna plans to deliver more than 100 Mustangs this year and will deliver completed units during the rolling furlough.
By: Matt Thurber
June 10, 2010
Business Aviation Aircraft
Cessna Aircraft instituted rolling furloughs on May 17 affecting up to 200 people at the company’s Independence, Kan. factory, delaying production of the Citation Mustang light jet through early August.
Responding to questions at the Electrical Products Group Annual Conference last month, Textron president and CEO Scott Donnelly said that Mustang sales have been softer than expected, “and if we need to modulate our production rates there, we will do that. We have a couple of issues around the supply chain, driven by the floods in Rhode Island, that might cause us to have do a little production break.
We might shut that down for a little bit and figure out when to bring it back. Donnelly added, “We’re going to have some cancellations on the Mustang side that are sort of out-year deals.
We have one customer [that has] taken a number of deliveries. [It is] doing very well, but [it doesn’t] see the demand to take deliveries over the next couple of years.
According to a spokeswoman, Cessna plans to deliver more than 100 Mustangs this year and will deliver completed units during the rolling furlough.
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Time Gentlemen please
Some of the comments on this link reminds me of a bunch of vultures sitting on a high branch or pedestal in some cases, watching a Gazelle walk by and betting how long it will survive. I work for the so called doomed company and am perfectly aware of what the plan is with refrence to the aircraft.
I along with a bunch of other hard working Pilots and ground staff are slightly bemused at these comments and how so many of you would call out in joy if we went under.
Can somebody please call time on the incorrect observations, inane and childish comments, because we in Blink are all working very hard to make this concept work. If it continues to work for us, it can only be a good indicator for everybody in GA, or will there be more screeches of disapproval from the know all's on the high branch
I along with a bunch of other hard working Pilots and ground staff are slightly bemused at these comments and how so many of you would call out in joy if we went under.
Can somebody please call time on the incorrect observations, inane and childish comments, because we in Blink are all working very hard to make this concept work. If it continues to work for us, it can only be a good indicator for everybody in GA, or will there be more screeches of disapproval from the know all's on the high branch
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What incorrect observations? Are they not for sale? What childish comments, the only childish comment I see is the one from a Blink Pilot.
When the eclipse / mustang release spawned a handful of operators with well publicised plans a lot of people were sceptical and discussed the subject here on pprune, some thought it would be a profitable investment, some didn't.
This is what this forum is for, exchange opinions, report and substantiate rumours etc.
I'm sure you are all working jolly hard, but some of the hardest working flight and ground staff worked for EBJ, just because you are working hard does not mean it works as a business.
No-one is sitting like vultures, but everyone is interested and has an opinion, Blink is a test case, a start-up with VLJ's, will it work, won't it work. I don't know, you don't know, and neither does highflight.
The observations were that 3 of the fleet are for sale, and one of those aircraft has done 71 hours in the last 6 months. The rest is opinion, and we are entitled to it.
You are entitled to your opinion, you have the choice to share it or not, but you do not have the right to stop people having theirs.
Now let's play nicely, just because I think the business plan is flawed does not mean I have any sort of vendetta against it.
When the eclipse / mustang release spawned a handful of operators with well publicised plans a lot of people were sceptical and discussed the subject here on pprune, some thought it would be a profitable investment, some didn't.
This is what this forum is for, exchange opinions, report and substantiate rumours etc.
I'm sure you are all working jolly hard, but some of the hardest working flight and ground staff worked for EBJ, just because you are working hard does not mean it works as a business.
No-one is sitting like vultures, but everyone is interested and has an opinion, Blink is a test case, a start-up with VLJ's, will it work, won't it work. I don't know, you don't know, and neither does highflight.
The observations were that 3 of the fleet are for sale, and one of those aircraft has done 71 hours in the last 6 months. The rest is opinion, and we are entitled to it.
You are entitled to your opinion, you have the choice to share it or not, but you do not have the right to stop people having theirs.
Now let's play nicely, just because I think the business plan is flawed does not mean I have any sort of vendetta against it.
Last edited by Phil Brockwell; 23rd Jun 2010 at 13:27. Reason: typo
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Midgeon, nobody here is questioning the integrity nor professionalism of the crew at Blink. This is a rumour network and when an operator decides out of the blue to sell half its fleet when Sterling has lost close to 1/3 in value at the bottom of the market when used prices have fallen sharply for a long time now and when there is hardly any demand for used jets, questions do get asked and rightfully so. Blink's accounts showed barely half a million in the bank in the last published annual accounts and now it is selling close to half its fleet, if a company like eJ or BA would do that, it would be front page news worldwide.
Couple that with the fact that the 3 aircraft for sale have barely flown since they were re-registered back in December showing a very low utilisation of the companies' prime assets, some of us do question the longevity of this company.
Now all of these are facts in the public domain, and neither you nor highflight have given any reasons why a company would decide to sell half its fleet and how a company can fly so little on each airframe and expect to survive.
Couple that with the fact that the 3 aircraft for sale have barely flown since they were re-registered back in December showing a very low utilisation of the companies' prime assets, some of us do question the longevity of this company.
Now all of these are facts in the public domain, and neither you nor highflight have given any reasons why a company would decide to sell half its fleet and how a company can fly so little on each airframe and expect to survive.