Webslinger
Well-known member
- Joined
- Mar 21, 2002
- Posts
- 119
Not to Flamebait...heard from many on the road that Avantair is looking at Flexjet and or Netjets to bid on Avantair and combine certificates or to add Avantair to a fractional and have a "turboprop" division for Flex or NJA for "entry-customers". Sounds like the Ponzi scheme is slowly collapsing. Great article in Januarys BCA about the future of Fractionals. I do think there will always be a market for Fractional but I believe all the fractionals will either downsize, merge or reduce their fleets as needed. Take a look at how EJM is recieving more ex-Netjets customers and now manage their aircraft instead of the hi cost of Fractional....Look at Jet Solutions LLC aka FlexJet Managed aircraft doing the same thing with their Ex-fractional aircraft now being fully owned and "managed" then Chartered for the tax write off and extra money for the owner and Managed Company. Times are a changing and if you dont pay attention you will be left in the dust. Just my $.02 cents worth. But what the heck do I know...Im JABD (Just Another Bus Driver) like the rest of us trying to make a living and have some sense of job security.