The Anthony Cumia Show - June 09, 2025


John Catsimatidis ｜ 06-08-25


Episode Stats


Length

21 minutes

Words per minute

135.85979

Word count

2,868

Sentence count

269

Harmful content

Toxicity

6

sentences flagged

Hate speech

26

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
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00:00:59.980 It's the Anthony Cumia Show on the Red Apple Podcast Network.
00:01:06.020 John Katz. I am here. There he is. How you doing, boss? Good. I am older than you,
00:01:12.960 so I remember those days. Yes. Well, you know, I'm not that much of a kid. I do remember the
00:01:19.920 great old days of the concord amazing airports like the twa terminal at kennedy uh the wonder
00:01:28.720 of flight it was just an amazing thing and now it just seems like you know trash whatever wants to
00:01:36.660 walk on the plane wearing pajamas but uh i was talking about trump wanting to bring back
00:01:42.280 supersonic transport some type of uh travel like the concord was and then i was wondering if you
00:01:50.100 being involved in british airways terminal at kennedy was it uh had any experience i i've been
00:01:57.820 in the aviation business for 40 years uh i started back in 1977 uh and uh the company that eventually
00:02:08.180 became net jets i started the company uh along with uh jim jacobs uh and uh when we sold this
00:02:15.540 is santuli that turned it into net jets and then turned it into um uh warren buffett buying it
00:02:23.780 uh we had like uh 48 jets at that time and and then warren buffett turned it into 800 jets
00:02:33.140 So you were involved, obviously, you just explained, in the aviation industry.
00:02:39.800 But I was talking about the supersonic transport, the Concord British Airways.
00:02:45.800 We're getting there.
00:02:46.740 All right.
00:02:47.660 That's the corporate jet part of it, and I used to fly all those jets.
00:02:51.420 When I quit flying, I had 4,000 hours of jet time.
00:02:56.340 Oh, so you actually flew also.
00:02:58.820 You didn't just, business-wise, own these companies.
00:03:03.340 You flew jets?
00:03:05.120 Absolutely.
00:03:06.300 And in 1983, we bought Capital Airlines, which was one of the leading airlines in the country in 1983-84.
00:03:20.900 And we operated it.
00:03:24.100 Our headquarters was out of Smyrna, Tennessee.
00:03:27.980 We flew to Europe.
00:03:29.940 We flew to the Caribbean.
00:03:31.100 We flew transcontinental, San Francisco, Los Angeles.
00:03:36.240 We had mostly in those days, and that's 43 years ago.
00:03:42.060 My God.
00:03:42.360 Amazing.
00:03:43.060 Amazing.
00:03:43.860 And it was a great airline.
00:03:49.640 And then what happened was People's Express entered our markets.
00:03:55.140 Oh, I remember People's Express.
00:03:56.880 Yes.
00:03:57.260 And that was one of the big frauds of the day.
00:03:59.820 Right, low-cost air, and it was a total scam.
00:04:04.760 It was a total scam.
00:04:06.920 They were cooking the books, selling cheap tickets,
00:04:12.120 and at the end of the day, they kept losing a lot of money,
00:04:18.100 but they made believe they were making money
00:04:21.300 and keep raising a lot of public money just to keep growing.
00:04:24.960 Right, like Crazy Eddie, like Eddie Antner.
00:04:27.080 He did the same thing, puff up the books, make it seem like you've got a great company
00:04:31.000 and you're taking money out of it, but nobody's going in.
00:04:35.600 Nobody's going in.
00:04:37.400 And eventually they all have to blow up.
00:04:40.520 Yes.
00:04:40.880 These guys just keep doing that because of the fact that sometimes they hope that a miracle will happen.
00:04:50.140 Right, right.
00:04:51.260 And they'll make it.
00:04:52.520 Somehow, what, you're going to win lotto and be able to infuse that money into your company?
00:04:57.620 John, I've got to ask you something, because obviously you're involved very heavily into aviation and the businesses.
00:05:06.600 What happened over the course of the years that made it where we had, it was so luxurious, it was amazing,
00:05:14.640 the cart would come by and they'd carve off filet mignon to you?
00:05:19.840 Anthony, Anthony, let's start off.
00:05:21.820 Let's start off first with the Concorde.
00:05:26.340 Because, you know, I was driving back from Long Island.
00:05:30.760 I was listening to you all the way.
00:05:32.940 Thank you.
00:05:33.560 You got my attention on the Concorde.
00:05:35.080 Oh, the boss is listening to me.
00:05:37.300 Jesus.
00:05:38.680 And half the British Airways terminal at John F. Kennedy Airport was ours.
00:05:45.180 So we had reciprocal agreements with British Airways.
00:05:48.800 So it was Capital Airlines was our company.
00:05:51.820 And we operated DC-8s, DC-10s, Airbus 300s, and I used to fly some of them, but I didn't fly them for passenger runs because I wasn't qualified to fly them, but I flew them on maintenance runs.
00:06:09.340 Okay, yeah, yeah, you got to take it somewhere for work, you would fly it, yeah.
00:06:14.020 Yeah, and the same thing with the other company, we called it United Jet Fleet before it became NetJets.
00:06:21.820 And we flew, you know, I used to fly them, but not on paid revenue flights.
00:06:27.560 I used to fly them for our own flights.
00:06:32.500 And now the Concorde, it went into production, I'm trying to remember, and I think it first flew in 1976, I believe.
00:06:47.060 My centennial year here in the United States.
00:06:50.840 Very big, patriotic.
00:06:52.520 It was a great airplane.
00:06:53.500 It was a great airplane.
00:06:55.260 It flew anywhere from 61,000 to 63,000 feet.
00:07:01.660 It flew at Mach 2.01 to 2.03, which meant twice the speed of sound.
00:07:10.660 And we made JFK Airport to London in three hours and 11 minutes.
00:07:18.960 And Air France would do it from New York to Paris in like three hours and 15 minutes at 63,000 feet.
00:07:31.800 And it was a great airplane.
00:07:34.360 And that technology is 50 years old.
00:07:38.200 So I am very, very upset that we have gone nowhere in 50 years.
00:07:46.360 So President Trump, you know, who I know for a long time, and he's always been in aviation.
00:07:52.820 I've always been in aviation.
00:07:54.980 He bought one of the shuttles, and he was operating the shuttle at one time from, you know, New York.
00:08:06.160 Oh, the Trump? Yeah, the Trump shuttle is huge.
00:08:09.920 And I was supposed to buy the Pan Am shuttle.
00:08:14.060 But that's another day.
00:08:19.100 So what do you think about this, though, that Trump...
00:08:21.520 Aviation has not gone far enough in the last 50 years.
00:08:26.560 And the same thing with our space race.
00:08:28.640 Our space race, we are trying to fall behind.
00:08:31.600 And, you know, when they created the space shuttle, to me, knowing aviation and loving aviation, that was a big thwart.
00:08:42.360 I thought it was going to be the greatest thing.
00:08:45.880 I thought it was going to be the greatest jump leap for mankind in space flight.
00:08:52.400 It was.
00:08:52.760 It was.
00:08:53.700 Nothing.
00:08:55.060 It was a waste of time and money after Apollo.
00:08:58.880 And 50 years.
00:08:59.960 And we went to the moon in 1969, and we haven't been back since.
00:09:06.980 So technology has not moved anywhere.
00:09:10.540 But you know what?
00:09:11.280 We've done, John, we've done a lot with autonomous and technologically.
00:09:17.220 You see what Elon's done with the spacecraft that he could bring back, the booster, and it doesn't cost as much.
00:09:25.380 And I think that's a big thing, but I think we wasted so much time and resources on the shuttle program and not just pursuing going to Mars.
00:09:35.940 Yeah, we did nothing in 50 years, which is so disappointing.
00:09:42.060 And now that they want to create another supersonic transport.
00:09:46.480 Yeah, what do you think about that?
00:09:47.460 The technology now is moving forward, and they're trying to be able to do it with no sonic booms.
00:09:54.660 Now, how do you do that?
00:09:56.300 It's just nature.
00:09:58.260 If something goes beyond the speed of sound.
00:10:01.740 Maybe it's the design of the aircraft.
00:10:04.400 Maybe it's a, I don't know.
00:10:05.960 I haven't been able, I haven't been up to it lately.
00:10:09.060 But it's a very disappointing design because I looked into part of it.
00:10:14.520 Those airplanes are not as fast as the Concorde.
00:10:19.160 And they should be able to make them faster and better.
00:10:22.080 and not just another, just nothing.
00:10:27.120 I mean, New York, London on the new one is maybe four hours,
00:10:31.820 which is, you know, you want to be able,
00:10:34.840 you can do hypersonic jets right now
00:10:37.680 and you can do New York, Hong Kong in three hours, four hours.
00:10:44.260 Now that's technology.
00:10:46.060 That's insane, right.
00:10:47.180 And we should be at that point.
00:10:47.960 We should be at that point right now.
00:10:50.000 Why aren't we?
00:10:51.260 What happened?
00:10:52.220 What happened?
00:10:54.060 Well, you know, back in the 1950s and 60s
00:10:59.420 when we started to design...
00:11:01.380 The good old days, John. 1.00
00:11:02.540 You know, we had the German scientists.
00:11:07.220 Yes.
00:11:07.720 The German scientists, the German Jewish scientists
00:11:11.100 were so much more advanced than a lot of people were.
00:11:17.180 They were a smart bunch.
00:11:18.840 When they died off, guess what?
00:11:22.340 We got nothing.
00:11:23.760 We got nothing.
00:11:26.140 Yeah, Operation Paperclip really did help our aviation industry and the military.
00:11:35.000 As far as rockets go, obviously, I mean, Wernher von Braun was the key to the Apollo space program.
00:11:43.420 And there just doesn't say, where are these?
00:11:45.140 And I think I think Elon Musk is brilliant, but I think it's more of the people he hires.
00:11:51.140 And we don't have that one that one person that just knows so much about this that can put us over the top anymore.
00:12:00.120 That's that is the problem. Yeah, it's a problem.
00:12:04.380 And we need good leadership. Look, yes. Trump is a smart guy.
00:12:11.760 I think he's on the right track.
00:12:14.160 I'm 100% supportive of him.
00:12:16.380 Absolutely.
00:12:17.260 And Elon Musk, he's a smart guy, but even his father said,
00:12:24.220 I don't know if you saw the article.
00:12:25.440 I did, yes.
00:12:26.280 I saw that today.
00:12:27.100 Yep.
00:12:28.360 And, you know, my comment on the article was,
00:12:31.920 father knows best from the old days.
00:12:36.200 Yeah, your father knows.
00:12:37.520 And he should quit.
00:12:38.900 Look, Elon Musk doesn't need the drugs.
00:12:41.760 He doesn't need the alcohol.
00:12:43.360 The one thing you know about President Trump, he doesn't do alcohol and he doesn't do drugs.
00:12:48.700 Right, right.
00:12:49.300 He's a clean guy.
00:12:51.360 I love him.
00:12:52.040 So I'm betting on Donald Trump.
00:12:57.500 Well, the way I say it, you need a strong United States president to save the free world.
00:13:08.300 Yeah.
00:13:08.900 And that's what we're doing.
00:13:10.080 It's always been that way.
00:13:10.760 That's what we're doing.
00:13:11.480 And that's what we're doing.
00:13:12.360 And it's not an easy job, and it's not something to embrace.
00:13:17.800 And that's what we're seeing now.
00:13:19.300 It's not easy to change the course of a country that has been on the wrong path for so many years.
00:13:27.480 So Donald Trump can't just do this and make people think, oh, everyone's going to like this.
00:13:32.820 It's not the way it is.
00:13:34.060 If Harris would have gotten elected.
00:13:37.420 Oh, God, please.
00:13:38.900 I am scared crapless.
00:13:40.720 I can't.
00:13:41.440 This country would not have made 2076.
00:13:43.460 I have nightmares.
00:13:44.960 I got nightmares thinking about that.
00:13:47.520 Oh, my God.
00:13:48.120 I mean, it was so bad.
00:13:51.580 Yes.
00:13:51.840 I mean, we were being invaded.
00:13:55.580 Yes, literally. 0.99
00:13:58.580 Yeah, immigration, yes.
00:14:00.620 I was vice chairman of Ellis Island.
00:14:04.740 I worked with Lee Isoca on Ellis Island Foundation.
00:14:08.380 Hey, Dodge, I remember him.
00:14:10.300 With Bill Fugazi on the Ellis Island Foundation.
00:14:13.720 And we believe in immigration.
00:14:15.580 Immigration, yes.
00:14:17.260 Invasion, no.
00:14:18.880 Legal, merit-based immigration.
00:14:23.280 I think it is a wonderful thing for this country. 1.00
00:14:26.880 It has fallen so far away from that that we are just letting in people that are so detrimental to this country.
00:14:36.880 I can't understand why. 1.00
00:14:39.100 I can understand if they snuck in migrants that wanted to work hard like Ellis Island. 0.98
00:14:45.340 Yeah, there you go. 0.99
00:14:46.260 My father came to Ellis Island.
00:14:47.920 Don't forget, we wanted, his two brothers had to sign in a dotted line that if he didn't pay the bills, his brothers would sign him.
00:14:55.860 Yeah, co-sign.
00:14:57.240 Yeah, they had to co-sign for people. 1.00
00:14:59.800 Letting these migrants in and letting the criminals in. 1.00
00:15:04.220 Yep. 0.96
00:15:04.780 What was the Biden people doing?
00:15:08.660 We have to find out who at the White House was pressing those buttons, allowing criminals into our cities, our states.
00:15:18.340 I can understand inviting the migrants in because what the Democrats wanted, they were falling short of congressional votes in New York, Illinois, California. 0.85
00:15:30.540 Yeah, they need the census to show that there's people that are Democrats. 0.68
00:15:41.900 Yeah, that's the only reason they were doing this. 0.85
00:15:46.020 But Anthony, bring in the migrants that want to work hard. 0.99
00:15:50.120 Why bring in the criminals? 1.00
00:15:52.380 I guess because they could make it seem like they're catering to the criminals
00:15:57.100 and the criminals will vote for them.
00:15:59.040 I don't know, John. 0.91
00:16:00.540 It's insane. It's an insane thing. It's so destructive to this country.
00:16:06.000 And all they do is crow about how they're pro-American and how Trump is a Nazi and he's a fascist and he's destroying this country. 0.92
00:16:13.820 And all they've done is attempted to destroy every aspect and every institution that makes this country great. 0.98
00:16:22.400 They tried to destroy America. They tried to do it with invasion, not immigration. 0.99
00:16:29.340 They try with fentanyl.
00:16:31.880 They were killing 100,000 Americans a year. 1.00
00:16:34.460 Disgusting. 0.97
00:16:35.440 And what they're doing to our institutions. 0.98
00:16:38.200 Yep. 0.99
00:16:38.680 You know, like there's 400,000 Chinese students. 1.00
00:16:45.860 But you know who puts them in?
00:16:48.040 The Communist Party.
00:16:50.200 And they pay their tuition.
00:16:52.080 And if they don't obey the Communist Party, guess what?
00:16:57.540 Their mother dies. 0.60
00:16:59.340 A Safer Ontario means more police and prosecutors making sure my car doesn't get stolen.
00:17:04.440 It means building new jails to keep criminals behind bars.
00:17:07.920 And it means there's no need to worry when I play at the park.
00:17:11.300 We're making every corner of Ontario safer to make all of Ontario safer.
00:17:15.960 That's how we protect Ontario.
00:17:17.980 For all of us.
00:17:19.760 Learn how at Ontario.ca slash Safer Ontario.
00:17:23.180 Paid for by the Government of Ontario.
00:17:24.600 oh yeah yeah no they're they're brutal over there do you think john do you think we're 0.99
00:17:33.240 somehow at war with china right now because i think we're at war maybe there aren't missiles 0.99
00:17:39.340 and bullets flying but i think china is warring with us they steal our intellectual property 0.99
00:17:45.820 they deposit fungus and diseases upon the world why the hell isn't the rest of the globe 0.92
00:17:54.300 attacking China, maybe not militarily, but economically and every other way, 0.95
00:18:03.440 or maybe militarily.
00:18:04.800 I don't know.
00:18:05.400 It really seems to me like China is at war with us, and we're doing nothing about it.
00:18:11.440 This is a different kind of war.
00:18:13.980 This is an economic war.
00:18:15.620 This is invasion versus nuclear bombs.
00:18:23.700 What they want to do, you know, what they want to do is take control of our country without anything. 0.68
00:18:36.300 Right, without firing a shot.
00:18:37.660 And the American people, and I don't understand the Democratic Party.
00:18:45.380 You know what I say on my show?
00:18:47.540 I don't care if you're Democrat.
00:18:49.300 I don't care if you're Republican.
00:18:50.640 you should you should want the best for what's for the best for america for the country that's
00:18:58.320 being pro-american right and the same thing in new york city new york state new jersey
00:19:03.960 what's best for a state what's best for our cities and uh it's just horrible what's going on
00:19:12.520 you're right if i see a republican doing something that i feel is detrimental to to my county to the
00:19:20.340 city to the state i don't care what the party line is i'm gonna say this is not good for the
00:19:27.420 people of this county or community or city or state and and for some reason we've gotten so
00:19:34.300 jaded where it doesn't matter if it's your party you have to back it no matter what they're doing
00:19:40.500 and that's destroying this country and then let's take these these smart uh federal judges
00:19:49.280 What the heck are they doing?
00:19:51.180 Oh, destroy again.
00:19:53.440 They're supposed to be smart guys.
00:19:55.960 The Democratic U.S. Senators.
00:19:58.380 I said the other day, why do you want the criminals to come back?
00:20:03.340 Yep.
00:20:03.840 You know?
00:20:04.240 Why?
00:20:04.740 I don't understand it. 0.79
00:20:07.000 Are they Americans or are they on somebody else's side?
00:20:12.580 It makes no sense, John. 0.92
00:20:14.260 Now, John, you know that you own this station, and you know that we have to take breaks, right?
00:20:20.160 Well, you've got to take that break when you've got to take it.
00:20:22.900 I hear you, my friend.
00:20:24.700 But I enjoy talking to you, and let's do it again soon.
00:20:28.160 Let's do it, man.
00:20:29.360 I love it.
00:20:30.500 It's the Anthony Cumia Show on the Red Apple Podcast Network.
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