For anyone not familiar with the FRACTIONAL industry.
Starting pay at most is $60K+, and $100k+ after 5 years . You only work 1/2 the year, fly prestine equipment to some interesting places. Management, FBO's, and Hotel personell all treat you with respect. Management's hands are somewhat tied, for no other reason than, if the pilot a'int happy the guy in the back paying millions for an airplane ride a'int happy.
If your worried about the economy this should not be an issue. The people that use private jet travel could afford this luxury if they lost half their wealth tomorrow.
Outsourced flying is unlikely. The pilots make up a large portion of the sales pitch.
http://citationshares.com/about/video.aspx
http://www.netjets.com/Netjets_Exper...ence_Video.asp
Therefore, possibly less expensive charter would only drive the owner away.
In summary
Great Pay/Benefits
Respect from most everyone you deal with.
QOL (knowing your schedule a year in advance)
Nice equipment- Avoiding T'storms by climbing to FL450. what more could you ask for? Oh yeah average equipment age of <3 years.
Interesting destinations- Even this becomes routine. Afterall, how many times can you overnight in Los Cabos, Aspen in the winter, Carlsbad by the beach, Napa Valley during peak season.
For me it's $100 hamburgers all over again. Only this time it's more like $2000 hambugers and someone else is paying the bill.
This post is for anyone that may not be aware such flying exist.
RCA01