G500
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Netjets Announces Large Bombardier Order

Mon Jun 11, 2012 9:59 pm

Definetly good news for Bombardier. Netjets has announce the following aircraft purchases:

Challenger 300s - 75 firm orders, options for 125 (deliveries begin in 2014)
Challenger 605s- 25 firm orders, options for 50 (deliveries begin in 2015)
Cessna Latitudes- 25 firm orders, options for 125 (deliveries begin in 2016)

http://www.businesswire.com/news/hom...est-Private-Aviation-Order-History
 
OOer
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RE: Netjets Announces Large Bombardier Order

Mon Jun 11, 2012 10:20 pm

Looks like they'll be hiring pilots soon.
 
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rotating14
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RE: Netjets Announces Large Bombardier Order

Mon Jun 11, 2012 10:42 pm

A shot in the arm that couldn't have come sooner. Cheers to them!!      
 
flyby519
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RE: Netjets Announces Large Bombardier Order

Mon Jun 11, 2012 10:46 pm

I always thought there was bad blood between NJA and BBD, hence the reason they never flew BBD products until now, and also the reason Flexjet was created by BBD. I wonder if Flexjet will be shut down or someoen will buy them?
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sunking737
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RE: Netjets Announces Large Bombardier Order

Mon Jun 11, 2012 11:00 pm

Quoting OOer (Reply 1):
Looks like they'll be hiring pilots soon.

Not only Pilots but Flight Attendants too.
Just an MSPAVGEEK
 
queb
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RE: Netjets Announces Large Bombardier Order

Mon Jun 11, 2012 11:54 pm

Quoting flyby519 (Reply 3):
I always thought there was bad blood between NJA and BBD

It's the second Bombardier aircraft order in two years for Netjets. Last year, they ordered up to 120 Bombardier Global business jets.

http://www.bombardier.com/en/corpora...ses/details?docID=0901260d80162feb
 
amccann
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RE: Netjets Announces Large Bombardier Order

Mon Jun 11, 2012 11:57 pm

Quoting g500 (Thread starter):
Cessna Latitudes- 25 firm orders, options for 125 (deliveries begin in 2016)

I'm excited to see the Cessna Latitude gain some significant orders. Haven't heard much about this airplane lately in terms of sales.
What one person receives without working for, another person must work for without receiving. - Ronald Reagan
 
G500
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 12:02 am

Quoting queb (Reply 5):
It's the second Bombardier aircraft order in two years for Netjets. Last year, they ordered up to 120 Bombardier Global business jets.

correct, for their long-haul needs, Netjets is replacing their Gulfstreams with Globals. And it looks like they're replacing their G-200 and Falcon 2000 fleets with Challenger 300/605s

Quoting OOer (Reply 1):
Looks like they'll be hiring pilots soon.

USER PROFILE

its going to be a long while before Netjets hires. They have about 490 on furlough
 
N766UA
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 12:07 am

Quoting OOer (Reply 1):

Looks like they'll be hiring pilots soon.

Hopefully they'll call back all their furloughs first!

Big change for NetJets, coming off a mostly Citation and Falcon fleet. Those Challengers are workhorses, though, they'll be very happy with them.
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G500
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 12:16 am

Quoting N766UA (Reply 8):
Big change for NetJets, coming off a mostly Citation and Falcon fleet. Those Challengers are workhorses, though, they'll be very happy with them.

that Challenger 300 is one sexy machine, good for NJA and Bombardier


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Mir
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 12:32 am

Quoting g500 (Reply 7):
And it looks like they're replacing their G-200 and Falcon 2000 fleets with Challenger 300/605s

Which is somewhat surprising, since The Gulfstream 280 and Falcon 2000 are, on paper, better and more capable airplanes than the 300 and the 605, respectively. Likely they got a good deal on costs. And, to be fair, they probably don't need all the extra capability of the airplanes - I don't think they'll be flying their 300 across the Atlantic that often.

-Mir
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queb
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 1:58 am

Quoting Mir (Reply 10):
better and more capable airplanes than the 300

Bombardier is currently developing an improved version of the Challenger 300 which should be ready for Netjets.
 
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Acey559
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 2:36 am

Hopefully they'll start hiring soon, that'll certainly be good news for many. I wonder how many of the almost 500 currently on furlough will actually come back? I'd guess less than 50% but with a company like NetJets it could be a bit more.
 
DashTrash
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 2:38 am

Quoting N766UA (Reply 8):

Hopefully they'll call back all their furloughs first!

They don't have any choice in the matter. This order won't spawn recalls however as they are not growth airframes. They will be replacing aircraft already in the fleet. I just hope we see a Ten order.
 
PHX787
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 2:47 am

Quoting sunking737 (Reply 4):
Not only Pilots but Flight Attendants too.

How would they use F/A's on a biz jet? Sorry I'm none to familiar with NetJets
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DashTrash
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 2:54 am

Quoting Acey559 (Reply 12):
Hopefully they'll start hiring soon, that'll certainly be good news for many. I wonder how many of the almost 500 currently on furlough will actually come back? I'd guess less than 50% but with a company like NetJets it could be a bit more.

Recalls won't happen til 2014 or later according to mgmt briefings (not that I'm privy to that info...)

Quoting PHX787 (Reply 14):
How would they use F/A's on a biz jet? Sorry I'm none to familiar with NetJets

Large cabin aircraft (DA-2000, G-IV / V's) have flight attendants unless the owner requests they not be there. Owners can request one on smaller cabin aircraft, but there is no jumpseat so she's going to be sitting in a pax seat. There are also no ovens / cooking in the small / mid cabin aircraft so her resources are limited.

On the large cabin aircraft, they cook full meals, keep the cabin clean, make "beds", etc. Pretty much whatever the owner requests.
 
PHX787
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 3:13 am

Hmm i see, that makes sense. Thanks.

Quoting DashTrash (Reply 15):
Pretty much whatever the owner requests.

Hmmmmmmmmm I seeeee         
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DashTrash
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 12:15 pm

Quoting PHX787 (Reply 16):
Hmm i see, that makes sense. Thanks.

Quoting DashTrash (Reply 15):
Pretty much whatever the owner requests.

Hmmmmmmmmm I seeeee

Within reason...... 
 
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Acey559
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 2:00 pm

Quoting DashTrash (Reply 15):
Recalls won't happen til 2014 or later according to mgmt briefings (not that I'm privy to that info...)

Good to know. Hopefully they all find themselves back in the job, if they haven't found a replacement job already, it sucks to hear about folks on furlough.
 
DashTrash
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 2:53 pm

Quoting Acey559 (Reply 18):
Good to know. Hopefully they all find themselves back in the job, if they haven't found a replacement job already, it sucks to hear about folks on furlough.

It would be hard for me to bypass a recall right now. Upgrades will be nonexistent and the FO payscale tops out at year 8 or 10 (can't remember). Upside is we accrue longevity while on furlough. I'd go back to 5th year pay, looking at 7th year pay if and when the time comes.

There are other "ifs" about this order. We don't know how many will go to NJE, or maybe even China should they get that deal spun up. They are also parking aircraft, possibly at a great rate than deliveries. Also, these orders are great, provided current or new owners buy them. If few shares sell it turns into a bad deal. Rapidly. This isn't like a scheduled airline.
 
G500
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 3:10 pm

Quoting DashTrash (Reply 19):
There are other "ifs" about this order. We don't know how many will go to NJE, or maybe even China should they get that deal spun up. They are also parking aircraft, possibly at a great rate than deliveries. Also, these orders are great, provided current or new owners buy them. If few shares sell it turns into a bad deal. Rapidly. This isn't like a scheduled airline.

This order is a fleet upgrade/replacement, it does not mean growth for Netjets. But it really is good news for the company. It is a STAMP OF APPROVAL from Mr. Buffett
 
c680
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 3:32 pm

And the airlines wonder where their paying First Class passengers have gone...

Thanks TSA!!!
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DashTrash
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Joined: Mon Aug 21, 2006 8:44 am

RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 5:57 pm

Quoting C680 (Reply 21):
And the airlines wonder where their paying First Class passengers have gone...

Thanks TSA!!!

I thought the TSA was job security for me, right up until 1/15/10.

Quoting g500 (Reply 20):
This order is a fleet upgrade/replacement, it does not mean growth for Netjets.

Yeah, I think that's what I said.

Quoting g500 (Reply 20):
It is a STAMP OF APPROVAL from Mr. Buffett

NJA remaining in business should have confirmed that already. Much remains to be seen and will play out in the coming months. I have little doubt my remaining career will be used as a hostage in negotiations.
 
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golfradio
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RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 6:07 pm

Sorry OT, but DashTrash are you required to keep your ratings current while on furlough? Not the type but IR etc.
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N766UA
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Joined: Thu Jul 29, 1999 3:50 am

RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 6:10 pm

Quoting DashTrash (Reply 13):
This order won't spawn recalls however as they are not growth airframes.

ahso...
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DashTrash
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Joined: Mon Aug 21, 2006 8:44 am

RE: Netjets Announces Large Bombardier Order

Tue Jun 12, 2012 6:50 pm

Quoting golfradio (Reply 23):
Sorry OT, but DashTrash are you required to keep your ratings current while on furlough? Not the type but IR etc.

Only if I wanted to keep flying. When / If recalls happen we'll be sent back through training which will take care of currency issues. If I wanted to rent an airplane, I'd need to go for a flight review. Too much money at the moment so I'll sit on the ground. Several of the other guys who were furloughed are flying for different carriers, overseas, military contracts, etc. I started another career outside of the cockpit so no need for me to keep current.

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