Originally Posted by
wankel7
Here is what scares me the most about NetJets. At your 11 years of seniority how many people are behind you ? 250?
If the fractional industry hits wake turbulence from a landing butterfly you are on the street. I know NetJets keeps saying they are not growing because they are preparing for the next downturn but 250 pilots to the street sure will help the bottom line in a downturn.
And that is why being a junior 11 year FO is scary. I am not saying that wouldn't happen at an airline but having a few thousand behind you could be helpful if it works out.
At least if you spend 11 years at a real airline (starting now at say AA) and hit the street, you've got at least 1.7M in earnings and over 250k in your 401k. At Netjets, well...you've got a lot of Hilton points.
You CAN NOT trust NJA management to keep this ship upright for the long haul.