yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

The Jet Business Bloomberg Editorial October 2013


less than 1m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

People drive by; they see this Airbus corporate jet in the window. They catch their attention, and they come in to see what this place is. It is the most global market of any industry. Africa is a big market. Asia is a big market. London was a location where all these people would pass through, and I would have an opportunity to meet them.

If somebody's going to buy something for $20, $40, or $80 million, you really need to see people face to face. We can compare any airplane, any manufacturer, to any other one. We can show on our video screen a full-size scale of the CR section or the FL plan, one airplane over another. People ask us a lot of times which is the best one. They all do the job; there's no perfect plane.

If somebody wanted to buy a Falcon 7X or a Gulfstream 550, we would call every single owner of that jet in the world, narrow it down to three or four airplanes, and then go to see which one of these makes sense. Then we try to attack the sellers about trying to negotiate the best price for the buyer.

We get the most successful people in the world coming in here, and it's interesting to learn about their industry, what they think about the markets, and what they think about their sector. So it's relationship building just as much as it is trying to sell an airplane.

More Articles

View All
Alibaba Stock: Understanding China's Ecommerce Giant
Well, there’s no doubt that Alibaba is a business gaining enormous popularity amongst value investors at the moment. Last quarter, Charlie Munger bought it, and now this quarter we’ve seen Monash probably adding 50% to his position. We see Guy Spier buyin…
Why being yourself is ruining your life
Just be yourself has become sort of a statement that people venerate these days. People celebrate just be yourself probably because it kind of feels like a warm hug. Just be yourself and everything’s gonna be okay. It feels kind of empathetic, understandi…
2010 Berkshire Hathaway Annual Meeting (Full Version)
[Applause] Good morning. I’m Warren, he’s Charlie. He can hear, I can see. We work together for that reason. I’d like to make one correction: in the movie, my fastball was filmed in slow motion. They tried it the regular way, and you couldn’t even see it.…
Identifying Unknown Soldiers | Ghosts of Pearl Harbor
[music playing] NARRATOR: Of the 429 men who died on the battleship “USS Oklahoma,” only 35 were identified in the years immediately following the attack. The rest were buried in graves marked “Unknown.” But almost 75 years later, one of these unknown me…
In the Studio Pt. 2 ft Zedd | One Strange Rock
They didn’t want me to create a Zedd song. They wanted me to create a piece of music that matches what this is all about. [music playing] My first thoughts when the project came to me was, finally, and excited, because I’ve made classical music in my li…
Modeling with multiple variables: Ice cream | Modeling | Algebra 2 | Khan Academy
We’re told that Ben’s home is x kilometers from an ice cream shop. Jerry’s home is y kilometers from the same shop. Then it tells us they each left their home at the same time and met at the ice cream shop at the same time. Ben walked an average speed—let…