European Business Jets Share Discussion Threads

[lbo] 27/5/2008 15:46

These guys on Plus Market have a Market Cap. of £1.6m. Its all madness.

[lbo] 22/5/2008 14:05

Maybe they are busy with a predator or just surviving. Seems to be a lot of consolidation going on and bad rumours around EBJ



BOMBARDIER MAKES SALE

Bombardier Inc. has received firm and potential orders for 60 business jets from VistaJet of Switzerland, in a sale that would be worth up to $1.2 billion US at current list prices if all the options are exercised.

The two companies have also signed a memorandum of understanding for VistaJet to buy Skyjet International, Bombardier's pioneering charter program

[terminatorlobster] 18/5/2008 22:50

Please could the Board give the shareholders SOME news it feels like we are being taken for granted despite the fact that many of us stumped up a lot of cash on day 1. If EBJ is hiring pilots in Dublin to drive various sorts of jet including a Falcon 2000 then it would seem that there is the basis of an RNS.
Mr Messer we put up now will you speak up??

[lbo] 14/5/2008 11:50

The mustang could be a smart expansion area but it all costs.

UK's First Charter Citation Mustang VLJ Proves a Hit for LEA

[nigthepig] 12/5/2008 17:26

LBO - I wish this lot would give us half as much news as you do.
Thanks for keeping us updated with little snippets.

[lbo] 07/5/2008 12:24

Due to continued expansion EBJ has the requirement for FIRST OFFICER FOR CESSNA MUSTANG BASED IN DUBLIN

[lbo] 07/5/2008 12:23

Looks like EBJ are continuing to expand. Where is the cash coming from?



Due to continued expansion EBJ has the requirement for FIRST OFFICER FOR FALCON 2000 LX BASED IN DUBLIN

[lbo] 31/3/2008 13:35

Thought all the planes have EBJ in the reg.







Is that the plane Mr Winner is complaining about in the Sunday Times?

[giltspur] 30/3/2008 21:24

Do they own a Citation G-HMMV ?

[lbo] 19/3/2008 10:45

Seems to be a rumour around that Sentient Jet are showing an interest in EBJ to get a foothold in Europe.


I wonder is it related to the old takeover approaches? Or are they just trying to survive?

[lbo] 11/3/2008 09:54

Lufthansa Selects Cessna Citation Business Jets for its Private Jet Fleet

[jfinvestor] 21/2/2008 18:38

Actually no. See the 4th para and the reference to Nick Messer and a CJ1. That's EBJ.

[the gulpster] 21/2/2008 09:43

sorry wrong thread

[jfinvestor] 17/2/2008 23:13

I see Michael Winner's a customer! Although shame the company isn't mentioned by name.

[lbo] 12/2/2008 16:20

Looks like a new updated website. Lets hope the profits improves too or they wont be around for long!



And anyone recognise this Jet on youtube?

[jfinvestor] 12/2/2008 13:24

Leader in today's FT



First-class flying
Published: February 11 2008 19:54 | Last updated: February 11 2008 19:54

The world's business elite has had it with dingy and overcrowded airports. A short hop from London's Heathrow, the booming private jet base at Farnborough airport shows that those who can afford it are choosing to slide into the Bentley and head for their own aircraft.

Despite the effects of the global credit squeeze on business and consumer confidence, demand for private jet travel is growing strongly. Last year was a record year for orders of new business jets. Farnborough is having to turn away customers because the surge in demand has pushed the airport to its limits.

The boom is in large part a consequence of the hellish experience that mainstream air travel has become. People paying high ticket prices do not want just to be cossetted on board an aircraft. They also want to avoid the lengthy check-in queues, tedious delays at security and crowded departure lounges that add to the misery and inefficiency of flying. Some airlines attempt to "fast-track" their first class passengers. But this has failed to buy their loyalty.

Opting to fly by private jet is a rational response to the cattle-truck conditions to which all passengers are subjected at many big airports, and particularly Heathrow. If the price of a first-class ticket is supposed to reflect greater comfort on the ground as well as in the air, then travellers who pay that premium are being conned.

It is not hard to see why private jet travel, far from being a badge of corporate excess, is now regarded as more productive because of the time it can save. Companies do not want to see their executives tied up at commercial airports for hours.

The growing numbers of super-rich have contributed to the boom. So has a rise in private jet fractional ownership schemes, which allow customers to bulk-buy hours in advance. NetJets Europe, which pioneered these schemes, is increasing its fleet by 29 per cent this year. As more new providers enter the market, competition will increase. That should lead to lower prices, benefit flyers and put a private jet within the reach of more executives.

For many regular business travellers, though, opting out of Heathrow hassle will not be a possibility. One big constraint on Farnborough's growth is the complexity of the UK's planning laws, which have put a brake on its expansion. The slow pace of planning reform means a private jet revolution is a long way off. Until then, those who can should insist on making a sound economic choice. First-class prices should mean first-class treatment

[lbo] 07/2/2008 14:14

EBJ tailors 'cost-effective' fleet to average passenger load


February 1, 2008:
European Business Jets (EBJ), headquartered in Cambridge, England, is building a Citation fleet that it believes will attract large volumes of fractional, management and charter business.

Andy Baker, commercial manager, says: "The average passenger load on private aircraft is documented at 2.2 and so entry level five seat jets make very real financial sense for the fractional market." But there is scope for larger passenger loads. The CJ1s are configured for five seats, the CJ2s for seven and the Excels for eight.

"Cost-effectiveness is the main point," says Baker. "We ensure the right type of aircraft for our owners and charter customers so they are not always paying for empty seats. This approach results in value for money." EBJ has on order a CJ1 and a CJ2+ and there are two more CJ1s and a CJ2 "in the pipeline" that will augment the current fleet of three CJ1s, two CJ2s and two XLSs. "There will be continued and measured growth of the fleet and operational staff in line with demand and industry wide availability," adds Baker.

"Some of our owners have bought the XLS after being more than happy with the Cessna product for their repeated longer trips to places such as Malaga and Moscow. The Excels are made available for charter when the owners use the CJ fleet for their shorter trips."

EBJ aircraft are positioned "close to owners for their convenience and cost efficiency", Baker adds. Popular destinations include Sion, Samedan, Cannes, Paris and Geneva. EBJ reported full order books and rapid expansion just 30 months after launching on London's AIM stock exchange. Graham Deary, ceo, says: "It was then just an idea but each of our aircraft are flying in excess of 100 hours a month so it has come on leaps and bounds." Baker joins EBJ from London City Airport where he set up and ran Private Jet, the airport's in-house brokerage. "He is a key part of a rapidly expanding team," says Deary.

[lbo] 30/1/2008 13:43

Sharp upturn sees Blue Star Jets head for Europe

[don muang] 21/1/2008 13:49

Dubai: Grand Aviation Kuwait and Dubai-based Executive Aviation Group joined forces to create Grand Aviation Dubai, a luxury private jet service.

[lbo] 21/1/2008 13:32

NetJets is soaring success for Buffett

[lbo] 21/1/2008 13:30

Potential for failure? Strong competitors around

NetJets Europe bumps up its fleet - THE FT

By Kevin Done in London

Published: January 14 2008 18:54 | Last updated: January 14 2008 22:44

NetJets Europe, the biggest operator of business jets in Europe, is increasing its fleet by 29 per cent this year in response to the continuing strong demand for private aviation.

The group, which is part of Warren Buffett's Berkshire Hathaway, said it had reached agreement with its aircraft suppliers Cessna, Dassault, Gulfstream and Hawker Beechcraft and the NetJets parent company in the US to accelerate its planned deliveries of new aircraft in order to meet rising customer demand.


He said NetJets Europe was not yet seeing any impact on demand from concerns about a slowdown in economic growth, nor from the continuing squeeze in the credit markets.

The group said it was planning to increase its fleet by 29 per cent this year from 135 to 174 business jets following a rise of 18 per cent in 2007.

NetJets, the pioneer of private jet fractional ownership, entered the European market in 1996 and made a cumulative pre-tax loss in Europe in the decade to mid-2006 of $212m. NetJets Europe achieved a net profit for the first time in 2006, however, and said on Monday that it had more than doubled its net profit last year.

Demand for private aviation is at a record level globally with strong growth in Europe, the Middle East and Asia and manufacturers have a waiting list of several years for the most sought-after jets.

The boom has also created increasing interest from commercial carriers, and Germany's Lufthansa announced last month that it would be the first European commercial airline to set up its own fleet of business jets to augment the services offered to its most lucrative premium customers.

Lufthansa has tested the market for executive jet services for the last three years in a co-operation deal with NetJets Europe, which was terminated last month.

NetJets Europe increased the number of flights it operated last year by 17 per cent to 73,622, with Le Bourget, Paris, its singlemost popular airport, followed by London City, Geneva, London Luton and Nice.

The workforce of NetJets Europe also rose by 33 per cent to 1,653 last year with about three-quarters of the increase or more than 300 being accounted for by pilots. It said it was planning to recruit at least another 150 pilots this year.

[jfinvestor] 14/1/2008 22:01

This suggests underlying market conditions remain good

11:37 14Jan2008 BSW-Netjets Europe Brings Forward Delivery of $715M of New
Aircraft as Rising Demand...

Netjets Europe Brings Forward Delivery of $715M of New Aircraft as Rising
Demand Leads to Record Growth and Profits

LONDON--(Business Wire)--NetJets Europe, the largest business jet operator
in Europe, today
announced that it is bringing forward the delivery of new aircraft to
meet rising customer demand. The company has worked with its
manufacturing partners to ensure that 39 new aircraft with a market
value of more than $715 million will be delivered ahead of the
original schedule. The move is in response to the company's rapid
growth, and very healthy forward order book. The additional 39 brand
new aircraft represent more aircraft than the entire fleet of many
other European operators.

These new deliveries will increase NetJets' state of the art fleet
by 29 per cent to a total of 174 aircraft. This increase is greater
than the 18 per cent - from 114 to 135 aircraft - in 2007. The new
deliveries expected in 2008 are from all four of NetJets Europe's
preferred manufacturers: Cessna, Dassault, Gulfstream and Hawker
Beechcraft. NetJets Europe is also introducing four new aircraft types
to the fleet in 2008: Hawker 750, Hawker 4000, Falcon 2000LX and
Falcon 7X.

The company's owners took 73,622 flights in 2007 - or more than
200 flights per day - an increase of more than 17 per cent from 2006.
In 2007 NetJets Europe recruited 412 new employees, bringing the
current total to 1,653, an increase of 33 per cent to meet projected
growth targets.

NetJets' flight numbers have increased by 55 per cent since 2005,
making it the fastest growing aviation company in Europe; customer
numbers have now surpassed the 1,500 mark, and customers are using
their aircraft to conduct business all over the globe as demonstrated
by the fact that NetJets Europe flew to 917 airports in 136 countries
last year.

In 2007 NetJets Europe more than doubled the previous year's net
profit. The positive result was the second consecutive year of
profitability for the company. This confirms the success of NetJets
Europe's business model which is driving the expansion of European
business aviation.

Mark Booth, chairman and CEO of NetJets Europe, explains: "NetJets
Europe's rapid growth shows that more and more companies and private
individuals are choosing the benefits of flying when they want, from
where they want, without the delays and hassle of commercial aviation.
In response to this growing demand, we have decided to bring forward
the delivery of new aircraft, and look forward to another big year in
2008."

NetJets Europe offers fractional aircraft ownership that allows
individuals and companies to buy part of a corporate jet at a fraction
of the cost of whole aircraft ownership. In addition, it sells the
increasingly popular Corporate Card and Private Jet Card that allow
customers to buy a block of 25 occupied flight hours with one simple
payment.

The company's biggest markets remain the UK, France and
Switzerland however there has been rapid growth in increasingly
important territories including Germany, Central & Eastern Europe and
Russia.

For more information, please visit www.netjetseurope.com.

About NetJets Europe

NetJets Europe was founded in 1996 and today is the largest
business jet company in Europe. As the only pan-European operator with
its own fleet, NetJets Europe, through NetJets Transportes Aereos
(NTA), is uniquely capable of delivering a consistent, world-class
service with an unparalleled commitment to safety and security. NTA is
the only dedicated business jet operator to be awarded the IOSA
certificate - the highest safety accreditation in the world. In 2007,
the NetJets Europe Fleet flew more than 73,000 flights to 136
countries. NetJets Europe employs a total workforce of more than
1,600. NetJets Europe is the marketing agent of NetJets Transportes
Aereos S.A., an EU air Carrier.

NetJets Europe 2008 Scheduled Aircraft Deliveries

-0-
*T
AIRCRAFT TYPE 2008 SCHEDULED DELIVERIES
------------------------------ ---------------------------------------
Hawker 400XP 7
------------------------------ ---------------------------------------
Citation XLS 10
------------------------------ ---------------------------------------
Hawker 750(a) 9
------------------------------ ---------------------------------------
Hawker 4000(a) 4
------------------------------ ---------------------------------------
Falcon 2000LX(a) 3
------------------------------ ---------------------------------------
Gulfstream 450(a) 1
------------------------------ ---------------------------------------
Gulfstream 550 3
------------------------------ ---------------------------------------
Falcon 7X(a) 2
------------------------------ ---------------------------------------
TOTAL 39
============================== =======================================
*T

(a) Denotes new aircraft type being introduced to the NetJets
Europe fleet

[don muang] 20/12/2007 18:26

Interims highlight future potential..... but perhaps further to fall before share price stabilises?

[lbo] 06/12/2007 12:48

New analysis from Frost & Sullivan, World Business Jets Market: Investment Analysis, reveals that the world business jets market (top 20 participants) earned revenues of $18.03 billion in 2006 and estimates this to reach $22.56 billion in 2009