Simon Riha
@simonriha
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Aviation. Finance. Investments. Personal Productivity. Start-ups. Traveling. | ๐ฒ๐น ๐ช๐ช
Malta
Joined October 2009
some self-promotion: @claylacy -the world's most experienced operator of private jets- is now running on @FL3XX! https://t.co/sRLZfScRcn
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If govts don't like what you say, they dismiss it by stamping it disinformation, fake news or hate speech. Next stage ๐๐ป they will shut down your Internet. Can't it happen in our "prosperous", "advanced", "democratic" part of the world? ... I'm not naรฏve
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If by the end of 2021 the YOY CPI is up by 5% (meaning actual consumer prices rose by much more) the Fed will need to raise the Fed Funds rate to at least 7% to try to bring the official rate back down to 2%. We get a financial crisis if it does or a dollar crises if it doesn't.
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3.6m bizav flts in 2020, 19% of all FW activity, -24% vs 2019. Sched Airlines down >50% vs 2019. Sched cargo +5%. For Bizjets, Europe worst affected, -25%, US -23%. UK -37%, Turkey -1%. Globally, resilience in LJ, EG Phenom 300 -12%. Charter operators did best, -17% this yr vs 19
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We are ready to chat with you to learn more about your operations and discuss how @FL3XX and @StellarAero Labs, Inc. can help manage, optimize, and grow your business. Find us in the Flight Planning & Operations & New Product Showcase Hall https://t.co/kRjfvp6DwM
#VBACE #bizav
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Donโt ignore the world weโre living in. Plan for it. https://t.co/lHriQL41jI via @thesovereignman
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https://t.co/WKE0tUYcRf Join TAB Virtual to watch my demos and learn something new about cool app integrations. There are 4 today throughout the afternoon and evening (CEST). It's free and takes only 30 minutes. #TABVirtual #fl3xx #businessaviation #automation
tab-virtual.heysummit.com
HeySummit helps you increase engagement, conversions and revenue for your online summits.
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I'm attending TAB Virtual. RT if you think others will find this helpful ๐ https://t.co/BHiTpbVozT
tab-virtual.heysummit.com
HeySummit helps you increase engagement, conversions and revenue for your online summits.
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During an interview Jim Richards and I disagreed on the definition of inflation. I said the original definition was an expansion of the supply of money and credit, while Jim said the definition has always been rising prices. An older edition of Webster's dictionary backs me up.
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Global business aviation activity is trending 55% below normal so far in May. Moving 7 day average daily activity is up 35% between 1st and 19th May, but still down 40% vs start of March. Bizav has doubled its share of all aviation activity (blue, RH axis).
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Better something than nothing under such circumstances ๐ค๐ป๐๐ป
North America, Europe, Asia, MENA, all seeing similar trends: business aviation is operating at 70% below normal, with at least 65% of the fleet parked. South America is so far less affected, and Oceania has seen some recovery. Busiest bizav aircraft worldwide is Cessna Caravan.
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Plunging used car prices spells doom for future new car sales, due to competition and lack of trade in value. Also, lower residual values on leased and repoed cars means massive losses for GM and Ford's finance divisions. Will the Fed buy used cars? The problem will be parking.
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#covid is the best excuse for already struggling business to downscale, cut costs, restructure financially. without one executive being blamed. It might just be a relief groove for the global recession that was coming anyways.
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Iโm going to observe this quick expansion by buying/merging, how it will be playing out. ๐ฆ๐ Deal analysis: Wheels Up buys Gama Aviationโs US flight business for $75m | Corporate Jet Investor
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The first #BizAv conference with an All-in-One offer. Everything you need for your entire stay. From the moment you land until you depart. Everything is taken care of, so you can focus on only the essentials: TAB content, networking & evening attractions. Learn more โคต๏ธ
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A master piece of design, technology and engineering, which is beautiful in the end.
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Shared economy still seems very unprofitable somehow... Airbnb reportedly lost money in 2019, possibly affecting IPO plans - Business Insider
businessinsider.com
The Wall Street Journal reported that Airbnb lost $322 million, which could worry investors wary of IPOs from money-losing businesses.
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What could be #uber ROI and investment payback period? In how many years might Uber settle its cumulated loss? ๐
businessinsider.com
With the better-than-expected results, Uber's stock could trade above its IPO price for the first time in more than eight months since going public.
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This makes me physically ill. One hopes [I hope] heโll spend the rest of his days defending lawsuits.
cnbc.com
Boeing denied former CEO Dennis Muilenburg severance but the ousted executive walks away with more than $60 million.
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The reaction to 80/20 is often "80% is not good enough." But the real power of 80/20 lies in fast iteration: 1st round: 80% - good enough to get feedback! 2nd round: 96% - good for production! 3rd round: 99.2% - rocking it! Continuous improvement always wins.
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