| NetJets in a Spending Mood? | |
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| Posted by Adam Webster | |
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Air charter fiends keep a close eye on NetJets. A Google news alert prompted us to read this British snippet on planned Hawker acquisitions for Europe. No doubt a tear is being shed at Cessna for their potential transgressions with Citation Shares, which may have led to angrily placed large orders with Raytheon.
Buying new stuff is fun, but at some point you have got to wonder when the fairy tale story of new (yet rapidly depreciating) aircraft will lose their luster with depleted fractional owners. After all, when you back in 'real' depreciation loss into the cost of those hours, they can get quite expensive. |
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