16 mentions across the corpus · positive 11 · negative 0 · neutral 5 · historical 0
2007 Berkshire Hathaway Shareholder Letter
“One example of good, but far from sensational, business economics is our own FlightSafety. This company delivers benefits to its customers that are the equal of those delivered by any business that I ”
2007 Berkshire Hathaway Shareholder Letter
“When we purchased FlightSafety in 1996, its pre-tax operating earnings were $111 million, and its net investment in fixed assets was $570 million.”
2007 Berkshire Hathaway Shareholder Letter
“FlightSafety, our pilot training business, gained 14% in revenues and 20% in pre-tax earnings. We estimate that we train about 58% of U.S. corporate pilots.”
2005 Berkshire Hathaway Shareholder Letter
“In flight services, earnings improved at FlightSafety as corporate aviation continued its rebound.”
2004 Berkshire Hathaway Shareholder Letter
“At FlightSafety, the world's leader in pilot training, profits rose as corporate aviation rebounded”
"Growth and value, they're indistinguishable"
“As I mentioned at flight safety, we're going to buy $200 million worth of simulators this year. Our depreciation will probably be in the area of $70 million”
Morning Session - 1998 Meeting
“if a flight safety comes along, it's not going to fit Westco.”
“we had never owned shares in flight safety, but we've been familiar with a company for at least 20 years”
“when we do something with flight safety, before the purchase and even for somewhat, a little after the purchase”
Morning Session - 1997 Meeting
“This is the gentleman that led to the flight safety purchase. If it had not been for Richard, we would not have merged with flight safety”
Morning Session - 1997 Meeting
“in the annual report you stated that if anyone out there has a good company, like flight safety, please let you know”
Morning Session - 1997 Meeting
“we had never owned shares in flight safety, but we've been familiar with the company for at least 20 years”
Morning Session - 1997 Meeting
“when we do something with flight safety before the purchase and even for somewhat a little after the purchase”
1996 Berkshire Hathaway Shareholder Letter
“We issued stock in acquiring FlightSafety International and also sold new Class B shares.”
1996 Berkshire Hathaway Shareholder Letter
“With our purchase of FlightSafety, whose major activity is the training of corporate pilots”
1996 Berkshire Hathaway Shareholder Letter
“FlightSafety International, the world's leader in the training of pilots - was far larger, at about $1.5 billion”