Originally Posted by
David Puddy
Job stability is strong at Netjets given Warren Buffett's involvement. Sounds like profits are up too lately.
Don't expect an easy schedule with few legs and long layovers like you may see in corporate jobs. Seems like the pilots are working a lot harder these days. The pilots I know there are working hard on their fleets and min-rest layovers are very common. Sounds like the Phenom, XL, Sovereign, Latitude and CL350 fleets are in high demand and thus very hard working...
Job stability strong? I dunno about that. They had a massive furlough and have barely hired since. It is great that they aren't practicing the United Airlines art of hiring until you furlough but none of the briefings from management I saw, were exciting about the future at all. Most of the time it was "we don't want to furlough" and "we shouldn't have to furlough next downturn" or "if we hired what we needed right now, we would have to furlough once the fleet was displaced."
The major problem is movement, or lack there of. Guys hired 10 years ago will be furloughed if they decided to put 200 guys on the street. There are smarter stability plays in the industry.