Not interested in Jet republic?
 

Well, you will hear from them shortly. They are on the air.

From The Times Online:

here

Apparently their unique selling pint is ..... decent espresso :ok:

Summary:
- $1.5 billion order for 110 Lear jets (no time scale stated)
- Target the 3 million high net worth types in Europe/Russia (growing by 250K next year, despite credit crunch)
- UK and Eire will be biggest markets
- Prices to match Netjets EU (and based out of Portugal too!)

etc etc

iX

reportreaching.

I sent you two PM's asking why you had posted simply "Jet Republic. Here. " in the Whitejets thread and then started another thread saying exactly the same thing. As you did not reply and I had no idea what your point was I closed the thread and deleted your misplaced comment. If you don't answer me I can't help you.

Also. Generally speaking the members of this forum prefer to read something longer than three words.

Another start-up basing itself in Portugal?

Makes sense I suppose. There are dozens of ex-Netjets ops people kicking around down there. Cheap supply of staff though I wouldn't be relying on some of the training ;)

They mobbed Farnborough and double parked N60LJ outside the terminal today. 'ooligans!

Aha, so this setup and whitejets are the same thing, took me a while to figure it out:ooh:

Duck,
I didn´t see your pm´s and when i was going to say something more, the post it was closed.
Now , i think you´ve realized why i posted first in WhiteJets topic and then i opened a new one because i thought it was interesting.
Yes, maybe everybody is very busy and i was giving information in a very strange way.
No problem anyway. I better stay reading...
Cheers

Any news of requirements, pay, package, all the important things that someone looking for a serious career change would be interested in?

Well reportreaching I saw both your posts and wondered what the hell you were on about too. I also see that there is another thread on here about your friend's company. ;) You can't blame the moderators for you not checking your inbox. Anyway, don't PPRuNe have rules about advertising?

Buttie Box. Whatever terms and conditions you are promised (if this venture gets that far) get them in writing and have a friendly employment lawyer check it for you. Given the track record of some of the people involved you need to be careful.

Copied, thank you. Sounds a bit like, "Son of Netjets." Who knows, that might be where aviation is heading for the next 10 years or so. I have a well-paid job at the moment but would happily sacrifice it for something that didn't mean crossing 48 time-zones per month and getting only 2 days off in between ULH flights.

Also from The Times:

"As oil prices creep upwards and airlines fight for survival, could this be the world's most ill-timed business launch?"

Looks like the CEO is a former Netjets Europe pilot. Additionally, many other senior employees (including the CFO and head of operations) spent time at NJE.

I watched the main video on the website and I was surprised to hear the CEO say that the Lear 60XR is unmatched in its capabilities. Really? He also mentioned that there is nothing faster on the market. Is he not familiar with the Citation X?

It will be interesting to watch as NJE, Jet Republic and Vista Jet start to actively compete in the marketplace. Were there any estimates on when Jet Republic would actually start hiring pilots?

Smeagle has been busy since he left NJ. Good website though.

Jet Republic contd.........
 

Also CEO was heard to state on BBC Radio 4, after extolling the virtues of said espresso...."most private jets only offer stale sandwiches and flasks of rubbish coffee...." Really ? which private jets would these be then??? What a w*****r !

:ugh::ugh::ugh:

Flight Attendants on Lear 60XRs?
 

The Jet Republic website claims that the Lear 60XRs will be staffed by flight attendants. Isn't that airplane a bit small for a flight attendant? Won't that limit the number of passengers, bags, etc. that can be carried? Sure, that would improve the comfort of the passengers on flights with 1-4 passengers (it would be nice to be pampered) but it could be a tight squeeze if you have more people flying and you are servicing a short airstrip where aircraft weight is a big consideration.

Do you think the selection of the Lear 60XR was based on performance/capabilities or merely availability of aircraft in the near-medium term? Could Jet Republic have ordered a comparable number of airplanes from Cessna (i.e., XLS or Sovereign) or Raytheon (Beechjet or 800XPC) in the same time frame? Probably not.

My guess is that Bombardier is involved. Interesting that they are mentioned nowhere and have possibly decided to remain in the sideline. Wonder why?

Maybe lack of confidence in the project? Maybe still gun shy after Flex Jet Europe? Both?.

Don't know much about the Lear 60. Think its nice piece of kit but with some considerable limitations, mainly runway performance. I think that it hasn't sold very well and Bombardier probably is willing to make some good "internal" deals on it. I am quite sure it's much easyer to get your hands on a new 60 than other similar types. Unlike other manufacturers, I get the feeling that Bombardier has more production capability than demand for the 60.

If it works, this could be a cushi deal for both partyes.

Surprising though that they" ordered "110 of the same type. Fleet commonality is good, but some clients might only need or be able to afford a lear 40, and others might want a 300, 605 or Global.

What seems clear is that it will be Bombardier Aircraft. The one that has been left out by Net Jets.

By the way, anyone know what pay and conditions will be?

Vista Jet in Europe also ordered a bunch of Bombardier aircraft including 13 Lear 60XRs (firm with more options):

VistaJet - Press - Official Press Releases 2008

I agree that there is a trade off between economies of scale with a huge number of Lear 60XRs and the need to appease the requests for greater/smaller capacity from owners and card holders. A Vista Jet owner can use a Lear 60XR one day and a Challenger 300 another day if they need the additional lift. NJE offers similar flexibility with their diverse fleet.

We'll see if the global economy holds up providing a market for these fractional carriers going forward. Now is perhaps not the best time to start a capital-intensive fractional business. Time will tell...

I agree that more details would be nice. Do people have more specifics on hiring plans, pilot bases, actual start-up date, etc.?

Seems a little like NJ USA and Flex jet situation maybe.

I may have missed a trick but on their website they offer a range of aircraft on a pre-pay block hour basis. With so many 60XR's that may cover the medium range, but surely then who will supply the global aircraft etc? Will that be an approved supplier listing?

Surely (although fairly expensive) to sell block hours in aircraft you have to charter is fairly risky as you cannot guarantee good availability to quality ratio (whilst flying the customer under your own banner), i.e via operators you would not want to use, I certainly know there are operators I would never dream of putting my customers near!

a tired FBP!

They must be getting a very good deal from Bombardier. They won't be going into quite a few strips Netjets can get into, though, what with needing approximately 6000 feet commercially, if memory serves correctly. Quite a disadvantage right from the outset, one would think?

The Lear60 is a great Plane for the Pilots to fly.
But Landing distance is a Nightmare.

It uses the undercarriage of the lear 31/35 (even 25?) Series and the wings of the Lear 55.

Could be a great plane, but is not unfortunately.

Compared to an XL there is as well a few inch of Cabin Hight missing..... Wouldnt wanna be a FA in there :rolleyes:

In the good old days red "Bleed Overheat" warning was pretty often indicated. Problem maybe solved... :}

Will LCY be an option for Jet Republic Owners?
 

Yeah, that's what I heard about the Lear 60 - big landing distance issues. Does anyone know if LCY will be out of the question for Jet Republic owners? I assume so. Why buy a share in a Lear 60XR if you are going to be so restricted? Swiss ski resorts will also be difficult - I guess taking a limo from ZRH during the winter to your favourite ski destination would be the expectation.

Still, the Lear 60XR looks like a nice airplane to fly. I am just surprised that Jet Republic would put all of their eggs in one basket and not provide some mission flexibility. I would think NJE will exploit this flexibilty weakness and point it out. If availability of aircraft were not an issue, I would think a fleet of Citation Sovereigns would have provided the most bang for the buck - bigger cabin than the Lear 60XR (more room for a FA) and better short field performance from what I hear. Plus, LCY would not be a big issue and you could probably fly pretty far from LCY with its range depending upon loads, weather, etc. The Sovereign would have been a good choice if it were available (and Cessna was willing to cut a deal).

Perfect Timing!!
 

Iver, brilliant detective work!:D

You're right that the 60XR cannot use LCY. I guess Jet Republic waited to announce their arrival on the scene till such a time that there was such a downturn in the financial sector that no-body at Canary Wharf has any money left to buy a card. Therefore they are not bothered that they cant be picked up after work on a Friday without a 2 hour drive!!

Sovereign can do St. Johns, Las Vegas with a tech stop out of LCY. 60XR's and premier 1's are probably the only "white tail" biz jets you can buy right now without a 24month wait.

No point having a good idea and then waiting 3 years for the equipment, theres been more 680's delivered since mid 2004 than 750's since 1998 so I thinks you're quite right that Cessna aren't going to play ball on anything.

Maybe a bit of pressure put upon them from NetJets perhaps ;)

Sovereigns got a nice field performance. I actually did the first C680 landing in LCY - no prob even at max landing. Out also at max weight. Great second segment - I guess thats only beaten by - the 60.
LCY is 'owned' by NJE anyways. So for the sorry rest of us, its good news, if big NJE leaves an airport slot or two open, we might be able to get one!

From what I hear Cessna is sold out until at least 2011 on the Sov. But if you´d take 100 of em? But then Bombardiers Flexjet would not hop on the train...

No need for pressure: if you are Cessna and you can sell your aircraft at full price to small operators or with a quantity discount to a large and proven operator.... or to an unproven company with no customers while the market is hot..... I guess it is a no brainer...

Bombardier on the other hand only seems to sell them to their inhouse fracs operator or people who still get turned on by the name Learjet.Which was a great brand but the current productline now is cr@p compared to the alternatives.... only the new Lear 85 looks promising the rest is outdated.... :{

Erm, not wanting to really add much to the debate, but why would you launch a company a full 12 months before your first aircraft is due if you have all the money in the world to buy the aircraft? Wouldn't it be better to have the product in place, take a hit in year one on the revenue but at least have something that you've pumped up available to be used and tried?

What do you do with the customers who sign up in the meantime? Sub-charter them out? OK, so those customers get 12 months of experiencing that "most private jets only offer stale sandwiches and flasks of rubbish coffee...." before getting onto an aircraft which can't operate at the UK's most business-centric airport, LCY, and experiencing espresso and blackberry connectivity?

I too saw JB's interview on CNN and was surprised with the competition bashing marketing - not the way to go in our industry if you want everyone's support. To say that we're doing what NetJets do, at NetJets pricing but with coffee, a hostie and blackberry access just seemed a pretty negative campaign. It will be interesting to see how NJE respond - I can't think they're that bothered at the moment given that they've pretty much grabbed the majority of that market (not complacent, just not bothered at the moment).

Ho hum, I'm obviously never going to be a multi-millionnaire, I question too much. I need to have a "**** it, let's gamble" attitude...

jetrepublic
 

Read about jetrepublic in the papers today and was so delighted i planned to send them an application. Then i came across this page on their website:

Jet Republic : Sitemap

And guess who has his fingers in there ? You may have guessed it the dark master (D M) :eek: himself.
Folks steer well clear of that outfit for as long as he and his cronies are involved.

Flintstone your two cents worth ?

Any more details regarding working with DM? Why would he leave such a good job at NJE as a PIC on the Falcon 2000EX? More background please - PMs welcome.

Beyond offering a hostie, ability to use blackberries and pricing comparable to NJE, what do Jet Republic offer that is unique? It only offers one aircraft type (inflexible for owners who need more or less capacity) and the aircraft has serious landing/TO restrictions that limit where the aircraft can fly (LCY is out of the question). I just found this statement on their website:

"When you need multiple jets or a different size aircraft, we’ll provide you with a selection from our extended fleet."

Does that mean that they will offer aircraft other than the Lear 60XR? Will that mean subcontracting out for larger/smaller aircraft when required? Will those operators provide the same level of high-class service?

Unless share prices are considerably less or customer service is considerably better (as they claim - an end-to-end concierge service), I don't see why someone would consider owning a share in a Jet Republic Lear 60XR vs. a NJE XLS or Hawker 800XPC (both of which can serve LCY).

What is the unique value proposition for the potential owner? Is having a hostie on a Lear 60XR really worth the lack of flexibility associated with the aircraft?

I wish them luck and I would like to see the operation "fly" because it will create jobs throughout Europe if it reaches it potential - plus, the Lear 60XR looks like a fun aircraft to fly. With that said, competing against an already entrenched and flexible NJE (i.e., fleet diversity) will not be easy.

Ok I bite...

What bombardier can offer when you are signing a letter of intent of 100+ aircrafts? Access to their timeshare program may be ?
Even if Vista Jet bought the operations and that everyone is holding breath among skyjet operators, more aircrafts is more aircrafts in the program as a consequence a better coverage of the playgrounds.

Choosing only one type makes it easier for scheduling and training no ? One marketing niche, good coverage, even CNN !!, for a Lear 60 operator ????
Being compared to NetJets Challenger is in itself a good launch whatever it is done behind...
Not being able to do LCY.....Well, if it is REALLY an issue I do think that some operators would love to subrogate the flight, even outside Skyjet if necessary. The question is more on what will be left in the City after the storm..

On another post , there is a question about why a pic on a F2TH ESy would leave Netjets, well not only PIC but also everything in between to the CEO hat. If he left, he had his own reason, starting another company is a good one enough. We had other F2TH ESy PIC who left, and that was not to start an outfit but to fly the same aircraft somewhere else.
A company is worth what you put in it, an outstanding package for one could be a nightmare for another one.
I did not see the Terms and conditions for crews on their website, until this is depicted in public... wait and see...

One Billion is the minimum figure to start with, but adding a little bit more money and they could have get the Santullli share of whole Netjets, I read that he would consider offers starting at one billion... not bad.. any takers ?

Vista Jet is currently operating and it has better fleet diversity (and therefore flexibility for owners) than Jet Republic. Again, I would like to better understand what they have to offer that is different (beyond hostie, blackberry service, etc.). Is their concierge service going to be so much better than any competing service?

In the meantime, are there any specific start up details with regard to pilot hiring at Jet Republic? I have seen nothing to date. I presume it will have to offer something similiar to NJE package if they expect to attract "some of the best pilots in the world."

I hear they plan to have VERY good coffee - that will no doubt seal the deal :ok:

"Sorry sir but we can't land in Samedan because the runway isn't long enough, can i interest you in a coffee?"

The difference is coffee and a blackberry connection? Mmmm and a 24 hour notice period for flight in Europe. Isn't netjets 10 Hours? Hows that offering greater flexibility.

coffee?
 

I'm sorry we can't get you into LCY, but we will serve the same coffee in the taxi, when we drive you for 2 hours after landing in Luton!:O

Anyway, I wonder how this operation will develop in the future.

Can't wait for the first replies from pilots actually working there!

Have a good day y'all.
N.:ok:

Maybe they've got the new ultra-effective Learjet anchor mod which you deploy on short final. JB will be able to tell us, he is the London City specialist after all isn't he Flinty!!!!

Talking of dropping anchors, I new I'd forgotten something this morning, must dash.

Dropping of stuff
 

And, Smeagels Boyfriend, how did it go....?!

N.:ok:

Just read the article in Flight International about Banana Republic....interesting. I don't think it is smart slagging off the established competition in the press, it looks cheap. And, if your only selling point is espresso coffee and Blackberry connectivity you better be sure they work all the time. In my experience the cabin items are the first things to fail.

I'm going to watch with interest, I think they may encourage us all to improve our onboard services. I will, however, never work for them...I know JB and DM all too well.

In agreement with all, my only comment is..
 

Netjets will blow them away when competing head to head on fractional sales. As they did with Flexjet ten years ago.

There is no way NJ will want to lose a single sale to these guys. Its all going to down to who has the deepest pockets and the biggest balls ;)

You write as if Netjets have the monopoly on fractional ops in Europe, which they don't.

I think you'll find that there are enough disaffected ex-NJE owners not to mention others who can negotiate better deals to ensure enough work for a few of the right companies.

As for Flexjet haven't you heard? They're planning a comeback (this week's Flight International) ;)