NetJets Layoff

"Andrew Sarangan" wrote in message
oups.com...
I read somewhere that NetJets lost $143M in 2005.


I always felt that offering fractional ownership of a plane for business
purposes was not a sustainable business model. Corporate private flying is
primarily ego driven (must have plane - makes me look important), not
business driven. For most companies it is an unnecessary expense, so they
will eventually drop it. The next aviation business failure appears to be
the idea that very light jets can be used as business transportation between
small airports. Maybe, maybe not. The next few years will tell.