NetJets - firm order for 50 Globals . . .
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NetJets - firm order for 50 Globals . . .
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With an order of this size going to Bombardier, in addition to the previous one with Embraer, they are clearly confident of a strong recovery (in the medium to long term.)
Any thoughts on how this will affect recruitment?
I suspect some of these aircraft will replace some of the older airframes and, at NJE anyway, there are a lot of furloughed crew to be called back first.
Any thoughts on how this will affect recruitment?
I suspect some of these aircraft will replace some of the older airframes and, at NJE anyway, there are a lot of furloughed crew to be called back first.
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Affirm INNflight, nature of the split unconfirmed but the link below (third paragraph) suggest some will be heading for NJE.
NetJets Places First-ever Bombardier Order, and It?s a Big One: AINonline
Although I agree a large number will replace some of the older aircraft.
So that's an order for up to 120 Globals and up to 125 Phenoms.
Not counting whatever is left of the reduced Hawker order, thats potentially 245 new airframes over the next six years or so!
Realise it's a long road, but that gives me hope for the future.
NetJets Places First-ever Bombardier Order, and It?s a Big One: AINonline
Although I agree a large number will replace some of the older aircraft.
So that's an order for up to 120 Globals and up to 125 Phenoms.
Not counting whatever is left of the reduced Hawker order, thats potentially 245 new airframes over the next six years or so!
Realise it's a long road, but that gives me hope for the future.
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This is a good sign that the economy, and aviation, is recovering. NetJets is speculating on the demand of Globals increasing, buying such a number of the large jets. Once again, it remains to be seen how many deliveries they will actually take. Anybody remembers how many Falcon 7Xs they ordered a few years ago, was it 50 or something? How many do they have now? How much money have they made selling their options to "real" customers?
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Interesting to note that most of the salesteam that made NJE succesful are now moving to Vista. 
I am not a Vista lover because of their T&G's compared to NJE's but still a nice coup by mr F.
I am not a Vista lover because of their T&G's compared to NJE's but still a nice coup by mr F.
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Anybody remembers how many Falcon 7Xs they ordered a few years ago, was it 50 or something? How many do they have now?
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If I recall they canceled 65 Falcons including
31 Falcon 7X's and canceled 32 Hawker 4000.
I'm actually sitting at a Starbucks overlooking Downsview Airport CYZD
right now - so I have to support the Global order!!!!!!!!!!!!!!!!!!!!
31 Falcon 7X's and canceled 32 Hawker 4000.
I'm actually sitting at a Starbucks overlooking Downsview Airport CYZD
right now - so I have to support the Global order!!!!!!!!!!!!!!!!!!!!
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That'll be Vista finished then.
My experiences with the sales team are pretty bad.
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They sold all those in a bouyant market making promises no one could keep.
They also had a no holds barred budget to market and sell and little competition.
It's a very different story today.
They also had a no holds barred budget to market and sell and little competition.
It's a very different story today.
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They are banking on a market recovery and buying when nobody else is to negotiate a discount. Good business practice. This is a long term view, with the last aircraft not due for delivery until 2017 at the earliest.
The economy does seem to be bottoming out, with some countries already showing signs of an upturn. We all know the aviation industry is cyclical and one would hope that at some point during that time the market will recover to pre-recession conditions.
The Embraer and Bombardier orders together are only firm for 100 airframes the other 145 are options, they can take them or leave them. Given a current worldwide fleet of over 800 aircraft, and taking into account end of life replacements, not an outlandish order.
But the fact that they are looking ahead six years, rather than concentrating on just surviving the present, as many others are, still gives me hope for the bizjet market in general, and them in particular.
The economy does seem to be bottoming out, with some countries already showing signs of an upturn. We all know the aviation industry is cyclical and one would hope that at some point during that time the market will recover to pre-recession conditions.
The Embraer and Bombardier orders together are only firm for 100 airframes the other 145 are options, they can take them or leave them. Given a current worldwide fleet of over 800 aircraft, and taking into account end of life replacements, not an outlandish order.
But the fact that they are looking ahead six years, rather than concentrating on just surviving the present, as many others are, still gives me hope for the bizjet market in general, and them in particular.
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"It's a very different story today."
Is it such a different story!! There is only 1 additional credible competitor since the 2004-2007 days, and the results of years of super heavy marketing is that they are still the only player who are widely known........."did you netjet here, or come commercial"
Now they have a handle on costs (which anyone who worked there knew was a massive issue) they look like a good strong company again......and with Warren's bank in the background...........let's get the fight on!!!
Now they have a handle on costs (which anyone who worked there knew was a massive issue) they look like a good strong company again......and with Warren's bank in the background...........let's get the fight on!!!
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there are mainly replacement aircraft for the US and the Europe with a provision for growth in the option, regarding the falcon order Netjets negociated them at pic time (2006) so they cancel all order to renegociate a better bargain today, Santulli not beeing here mean that Bombardier is now part of the bid and the oofer of Bombardier was extremly low as they want the deal at all cost, they ve accepted to take back the old Netjets airplane (gulfstream and falcons) have airplane deliver from 2012 and to not sale same type to direct Netjets competition ..Flex in US Vista in Europe...
