DouglasDC8
Topic Author
Posts: 264
Joined: Mon Dec 10, 2007 9:57 am

UAL To Shut Down Avolar

Sat Mar 23, 2002 1:52 pm

UAL made it official today, Avolar will be shut down. The Goodwin curse seems to be lifting! It's ashame over $100 million dollars was wasted on this fiasco.
 
AA717driver
Posts: 1502
Joined: Tue Feb 12, 2002 8:27 am

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 2:04 pm

Well, I guess CALite is no longer the biggest failed airline program Big grin. TC
FL450, M.85
 
CX Flyboy
Posts: 6007
Joined: Sun Dec 26, 1999 6:10 pm

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 2:09 pm

What's Avolar?
 
watewate
Posts: 2216
Joined: Sun Nov 12, 2000 6:00 am

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 2:10 pm

In short, they wanted to jump on the fractional jet ownership game. Obviously, they're pulling out even before they got one plane in the air.
 
ghost77
Posts: 4458
Joined: Wed Mar 01, 2000 2:07 pm

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 2:15 pm

What was Avolar?

ghost77  Smile
Ricardo Morales - flyAPM - ¡No es que maneje rapido, solo estoy volando lento!
 
A330300
Posts: 507
Joined: Thu Nov 24, 2005 3:06 pm

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 2:47 pm

UA's BizJet division.
 
Kohflot
Posts: 941
Joined: Wed Sep 29, 1999 5:31 am

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 5:13 pm

To elaborate a little, Avolar was United's attempt to join the lucrative biz jet fractional-ownership business. Basically, individuals or corporations can buy a chunk of time on a business jet and use it to go wherever they want, whenever they want to. Doing this on a large scale has been pioneered by Warren Buffet's NetJets and Bombardier's FlexJet. Watching those two companies take some of their best customers away, United's management decided to fight back by starting their own fractional ownership company. Business-wise, it was a brilliant move.. combining United's reputation with the flexibility of corporate jets. It'd also virtually guarantee profit as customers effectively pre-pay for their time, which in turn pays for the operation.. and then some. It also would've created a whole new revenue stream, good for diversification. In reality though, the decision to launch Avolar was seriously ill-timed. Labor relations at United have been sticky for quite some time and the double-whammy of the USAirways purchase and the launch of Avolar shook that antfarm. If management-employee relations were better, I think Avolar would've gotten a much better reception and quite possibly would have aircraft in the sky right now... but, the move to shut it down is probably in UAL's best interest right now as they try to fix what's broken before they try to build something else..
Ask why..
 
L-188
Posts: 29881
Joined: Wed Jul 07, 1999 11:27 am

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 5:37 pm

How are the guys over at Dassault taking this....
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
Republic
Posts: 541
Joined: Thu Dec 27, 2012 12:39 am

RE: UAL To Shut Down Avolar

Sat Mar 23, 2002 10:14 pm

 
coboeing777
Posts: 677
Joined: Mon Feb 05, 2001 10:21 am

RE: UAL To Shut Down Avolar

Sun Mar 24, 2002 3:05 am

Did they use CRJs or a similar looking jet for this? Because there were a few times where I seen CRJs or similar looking jets painted in United's colors taking off from Teterboro Airport in NJ. The only thing was that they didnt say United Airlines in white on the fuselage. Otherwise all the other colors were there. I've been curious as to what those planes were, and why they were painted in UA colors with name UA on it.
 
LJ
Posts: 4103
Joined: Wed Nov 17, 1999 8:28 pm

RE: UAL To Shut Down Avolar

Sun Mar 24, 2002 4:27 am

L-188, Dassault will get a some compensation for the cancelled orders from UAL Corp. However, they've lost a big client (unless somebody buys Avolar and are thus not very happy I think.
 
ual777contrail
Posts: 2914
Joined: Sun Feb 17, 2002 11:33 am

RE: UAL To Shut Down Avolar

Sun Mar 24, 2002 4:33 am

i do think it was the goodwin curse like douglasdc8 said, but i think it was his whole team. get rid of dutta and the company will soar once more.
 
LJ
Posts: 4103
Joined: Wed Nov 17, 1999 8:28 pm

RE: UAL To Shut Down Avolar

Tue Mar 26, 2002 4:29 am

According to the FT today, Dassault won't give UAL its USD 14mio deposit back and is indeed negotiating with UAL about penalty payments. Moreover, Dassault issued a statement where they say that they don't get into trouble by the cancellation of the order and intend to re-market the aircraft.

Who is online

Users browsing this forum: AS512, gennadius, Google [Bot], Google Adsense [Bot], piedfly, pugman211, rutankrd, RWA380, sierra3tango, SingaporeBoy, WIederling, Wingtips56, wrcairline, zknzf and 246 guests