OK, lots of rumors floating around about this meeting, what it might signify and all the merger nonsense. I finally heard a someone who might have hit the nail on the head on what the get together was all about. The rumor is (and that's all it is until there's an official release I guess) that Options and Netjets are tired of getting ripped off by charter operators when they have to cover a flight for whatever reason. The idea is that the two companies will come to an agreement to cover each other's needs instead of calling up a charter and the meeting was to hash out the details. This will allow a pre-determined cost per hour that would be way below what your typical 135 operator would charge, will allow a higher standard level of quality and safety for those flights and will be much easier to cover.
Makes a lot of sense to me.
Makes a lot of sense to me.