Intel announced it's shutting down its "Intel Air" corporate shuttle department and dumping four regional jets and their pilots. Apparently someone in the accounting noticed that the company lost $1.6B this quarter.
JWilsonphoto wrote:
Intel announced it's shutting down its "Intel Air" corporate shuttle department and dumping four regional jets and their pilots. Apparently someone in the accounting noticed that the company lost $1.6B this quarter.
We have two flights a day between Mather (KMHR) and San Jose (KSJC) servicing their facility in Folsom CA with an Embraer EJR-145XR. Sad to see and a hurt on all the supporting facilities too.
JWilsonphoto wrote:
Intel announced it's shutting down its "Intel Air" corporate shuttle department and dumping four regional jets and their pilots. Apparently someone in the accounting noticed that the company lost $1.6B this quarter.
They will sell to a 3rd party who will then contract the flight service back to Intel so Intel will then pay 150% of the flight cost each time, so after 3 to 5 years, their cost will probably be equal to just keeping the whole operation...
I guess the definition of too busy is when your new R5 II has been sitting on the shelf for a week and you haven’t had time to pick it up.🤣I’ll fix that in the morning. My dealer has a C400 for me to look at tomorrow as well so it will be a fun morning.
RWNPhoto wrote:
They will sell to a 3rd party who will then contract the flight service back to Intel so Intel will then pay 150% of the flight cost each time, so after 3 to 5 years, their cost will probably be equal to just keeping the whole operation...
You are thinking as an individual. Intel is a corporate entity. As I sometimes point out to Jim when he is "thinking" about a new piece of equipment in the last couple months of the year, It's almost the end of the tax year, and it's deductable as a business expense.
While eliminating Intels private shuttles may end up costing them dollars upfront in a couple of years, what does it do to their tax situation now and in the future? Their accounting/tax department may see a significant savings due to the tax implications.
Intel is a corporation, their monetary considerations may be skewed less towards the actual cash outlay numbers than the "after tax" results of those numbers.
kwbarnes wrote:
You are thinking as an individual. Intel is a corporate entity. As I sometimes point out to Jim when he is "thinking" about a new piece of equipment in the last couple months of the year, It's almost the end of the tax year, and it's deductable as a business expense.
While eliminating Intels private shuttles may end up costing them dollars upfront in a couple of years, what does it do to their tax situation now and in the future? Their accounting/tax department may see a significant savings due to the tax implications.
Intel is a corporation, their monetary considerations may be skewed less towards the actual cash outlay numbers than the "after tax" results of those numbers. ...Show more →
And as a corporation in todays world, they probably pay LESS tax than I do each year....
RWNPhoto wrote:
And as a corporation in todays world, they probably pay LESS tax than I do each year....
There is a grain of truth to that, however......
Even IF they pay less income tax than you (I actually doubt it in dollars, percentage wise possibly), they provide full time employment opportunities for thousands (tens of thousands?) of others who also pay income taxes. How many of YOUR employees are paying income taxes?
Yes, the tax system is "unfair". However, how much of that "unfairness" is a net benefit to the nation, and how much of it is a detriment to the nation? I never hear anyone asking that question, I just keep hearing the mantra "The tax system is "unfair".
I had to have Sheila at DFW pretty early this morning, then I killed some time around Love Field shooting airplanes until Competitive opened up. All my Canon friends were there for a dog and pony show. The 20th is the magic release date for the R5II and any dealer letting the camera out of the store prior to that date Is risking a butt kicking from Canon management. The people that have been posting pictures of their II's are putting their dealers in a difficult position.
I played with the C400 and got some interesting tips from the Cinema Rep. The camera is a powerhouse for sure. They had their new 24-105 on it when I arrived. The lens had a new accessory attached that I knew nothing about, a zoom servo. The zoom servo allows for smooth electronic zooming, it attaches to the barrel of the lens and is very minimal as far as weight and profile. This accessory is designed to be used with a number of ne RF lenses and many that will be coming out in the future, very cool.......$1,300.00 and well worth it.
My wife is glad we don't have a "convenient, full service camera store" in the neighborhood (Bell county) where we could experience hands on experiences with advice because my 401k would probably be in the red.
JWilsonphoto wrote:
I had to have Sheila at DFW pretty early this morning, then I killed some time around Love Field shooting airplanes until Competitive opened up. All my Canon friends were there for a dog and pony show. The 20th is the magic release date for the R5II and any dealer letting the camera out of the store prior to that date Is risking a butt kicking from Canon management. The people that have been posting pictures of their II's are putting their dealers in a difficult position.
I played with the C400 and got some interesting tips from the Cinema Rep. The camera is a powerhouse for sure. They had their new 24-105 on it when I arrived. The lens had a new accessory attached that I knew nothing about, a zoom servo. The zoom servo allows for smooth electronic zooming, it attaches to the barrel of the lens and is very minimal as far as weight and profile. This accessory is designed to be used with a number of ne RF lenses and many that will be coming out in the future, very cool.......$1,300.00 and well worth it....Show more →
Was it the Canon PZ-E2 Power Zoom Adapter or something new?
Happy Friday Ray! I don't think that the C400 is a tool that would be of value in your work, but I do see you with an R5II sooner or later. Once I have an opportunity for some quality time with the II I'll give you my impressions. I'm guessing that the II will give us more accurate AF and no blackout, plus eye controlled (R3) focus. Those updates alone will make it worth having. That being said, the more I explore the R5C, the more amazing it becomes, we're splitting hairs with the new models but an edge is an edge and I'm taking it.
I know the C400 is beyond what I need. I am still learning the R5C and it is more than I can handle to date, but I am learning. I did send it in for a clean and check, now I have to reset all my settings!
That is a problem with sending anything to CPS, the camera comes back zeroed out and shooting jpegs. Shot this early this morning while I was chillin'...................... RF600/4, what a lens!
This is a first, Reuters asked me to give them my professional opinion about an image of Air Force 2 on the ramp somewhere with a huge crowd in the foreground. The person was a fact checker for Reuters. Her question was , "could depth of field or lens choice have influenced this image?"
The crowd was clearly ai'd into the picture because you could see an empty ramp reflected in the engine nacelles and the fuselage. Whether my opinion ever sees the light of day, who knows, but at least they asked.
I fiddled with that lens for a while this morning, it is beautiful. The focus mechanism when manually focusing is buttery smooth. It's heavy, ut who cares? I'll have one for the C400 for sure.
I fiddled with that lens for a while this morning, it is beautiful. The focus mechanism when manually focusing is buttery smooth. It's heavy, ut who cares? I'll have one for the C400 for sure.
Let me know how it is...For 3K it's gotta be good and I bet a good air show lens as well with a shorter reach tho.
