| Will VizStar, Inc. (VIZS·OB) be Warren Buffet's next Billion Dollar acquisition? |
Berkshire Hathaway paid $725 million in 1998 for Net Jets
and it has proven to be a True GEM under the
Berkshire Hathaway umbrella.
and it has proven to be a True GEM under the
Berkshire Hathaway umbrella.
| With Access to a Fleet of 5,700 Luxury Jets, the Only Thing Flying Higher is Its Stock! |
Buy shares in VIZS now while you can still get them around
50-cents and look for $3.00 or more in 6 months or less!
50-cents and look for $3.00 or more in 6 months or less!
No doubt about it, the recent recession forced corporations to slash costs. And outright or fractional ownership of a $30 million corporate jet, and the staff and expenses entailed, was an obvious place to prune.
Charter air service – on-demand private jet service – has been the beneficiary. And, with a fleet of 5,700 private jets available, one charter air company in particular, VizStar (VIZS·OB), is picking up the slack.
Corporate spending cuts are not the only thing boosting the trend of charter services. Public resentment of travel by private jet – ignited when top auto executives flew to Washington on their corporate jets to beg Congress for bailout money – has also contributed to the abandonment of both outright and fractional ownership of luxury jets by opinion-sensitive corporations.
According to the GAMA (General Aviation Manufacturer’s Association), business jet manufacturing was down 38% last year. Furthermore, Honeywell’s fractional ownership business was off 66% last year, with no signs of improvement.But the recession that devastated the manufacturing segment of the private jet business has given birth to a new, far stronger travel model that’s even more appealing to corporations. On-demand, private air charter. . .
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