Furlough Estimates

hammerhat said:
Not even a month ago people here were laughing at my predictions calling it incomprehensible and beyond belief. Ok fine.

Here's my next one. 135/91k will start recovering (however anemic that recovery may be) way before airlines even find bottom. Business travelers will be more willing to pay for on demand charters and fractional ownerships than before the pandemic. Citation type rating will be more marketable than 777. And good for Textron, btw. I'd be going long on their stock if I had extra cash (I don't so don't listen to my stock advice)
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Well hey. I've got a Citation X type. A single pilot CitationJet type. I'll even throw in a Falcon 900 type and hundreds of PIC hours in a a King Air 200, PC12 and TBM700. I promise to be a good little bitch boy and clean the lav. I'll always have the ice, coffee papers ready and I'll be sure to operate however you like. Remember, my motto is now "safety third". This is just like jumping my bike. Lets throw caution to the wind and see what happens!

Who wants to hire me!?
 
BEEF SUPREME said:
Well hey. I've got a Citation X type. A single pilot CitationJet type. I'll even throw in a Falcon 900 type and hundreds of PIC hours in a a King Air 200, PC12 and TBM700. I promise to be a good little bitch boy and clean the lav. I'll always have the ice, coffee papers ready and I'll be sure to operate however you like. Remember, my motto is now "safety third". This is just like jumping my bike. Lets throw caution to the wind and see what happens!

Who wants to hire me!?
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No one.


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Inverted25 said:
Why?


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GypsyPilot said:
I wonder if some of you guys touting this were flying 91/135 in 2008-2011? I was, and it was an ugly time to be a corporate or charter pilot. If things continue as they are, none of us are immune and one of the first assets on the chopping block during bad times is the corporate jet.
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Oh I don't expect things to be rosy for 91/135. It's just going to be so much better than 121. We all know it's not the cheapskates with hidden city basic economy special limited time offer $49.95 tickets that keeps legacy 121 planes in the air. It's the suit in 1A charging $2000 through their Concur account. Those accounts are now closed and please keep making fun of me - I hope you're enjoying it - but those accounts are not getting reactivated anytime soon.

But as the businesses reopen, their officers will need to figure out the travel again. In the past FP&A of a small cap company would get a heart attack if you told her you needed private jet charters budgeted. But hey aren't they safer and cleaner than those coronavirus contaminated airliners and airport gates? So the C-level will start booking them and then mid level managers will join and eventually via race to the bottom most of the business travel will shift to the charter operators.
 
hammerhat said:
Oh I don't expect things to be rosy for 91/135. It's just going to be so much better than 121. We all know it's not the cheapskates with hidden city basic economy special limited time offer $49.95 tickets that keeps legacy 121 planes in the air. It's the suit in 1A charging $2000 through their Concur account. Those accounts are now closed and please keep making fun of me - I hope you're enjoying it - but those accounts are not getting reactivated anytime soon.

But as the businesses reopen, their officers will need to figure out the travel again. In the past FP&A of a small cap company would get a heart attack if you told her you needed private jet charters budgeted. But hey aren't they safer and cleaner than those coronavirus contaminated airliners and airport gates? So the C-level will start booking them and then mid level managers will join and eventually via race to the bottom most of the business travel will shift to the charter operators.
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But when the travel managers see that The Boss can buy a Citation 501 for $300k, play ONE pilot...hey, that might be cheaper!
 
If I was to get FUrloughed, and it appears temporary, My pick would be some sort of single pilot operation.
 
hammerhat said:
We all know it's not the cheapskates with hidden city basic economy special limited time offer $49.95 tickets that keeps legacy 121 planes in the air. It's the suit in 1A charging $2000 through their Concur account. Those accounts are now closed and please keep making fun of me - I hope you're enjoying it - but those accounts are not getting reactivated anytime soon.
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I don't think my job is going anywhere (could be wrong), but it mainly consists of seeing customers, often getting there by air travel. I likely won't be seeing anyone period, or going there by airplane until 2021 at the soonest. (My employer shut down our travel in early February).
 
drunkenbeagle said:
I don't think my job is going anywhere (could be wrong), but it mainly consists of seeing customers, often getting there by air travel. I likely won't be seeing anyone period, or going there by airplane until 2021 at the soonest. (My employer shut down our travel in early February).
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My "day job" company recently reopened Shanghai, Taipei, and Hong Kong offices. Yet all corporate travel is banned until further notice. This includes trips like NY to Philly or Shanghai to HK. I just can't imagine our EVP saying "You guys go ahead and book those plane tickets now" Nope, not happening.
 
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