Originally Posted by
Retractable
Your math is based on a static business demand at NetJets ergo, wrong.
Sales is currently throttled back to protect the quality of product and as soon as the IBI18 crew/aircraft utilization model is understood, increased sales to accommodate the “low hanging fruit” will recommence. Fleet growth will continue throughout the teething process.
IBI will be a significant pay increase for all pilots while NetJeta is poised to be forward facing to accommodate strong sales and demand for our services.
Yep and when the recession hits, NetJets will be hit even harder with this IBI business model. How many will be furloughed this time? 800? Going back to 2001 hires?