Company owned vs managed departments
09-29-2017, 05:35 AM
#1
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Joined APC: Mar 2013
Position: FO
Posts: 67
Company owned vs managed departments
Gang,
The GE news and some other observations triggered this post. Is there a trend in the business aviation industry to move from company owned platforms and employees to managed assets, i.e. NetJets or Gamma type operations? And if this is becoming more common, is that a good or bad thing for pilots? I'm a bit concerned that joining what appears to be a solid, company owned outfit would transition to managed down the road and all would be starting all over again. Appreciate inputs/experiences. Thanks!
The GE news and some other observations triggered this post. Is there a trend in the business aviation industry to move from company owned platforms and employees to managed assets, i.e. NetJets or Gamma type operations? And if this is becoming more common, is that a good or bad thing for pilots? I'm a bit concerned that joining what appears to be a solid, company owned outfit would transition to managed down the road and all would be starting all over again. Appreciate inputs/experiences. Thanks!
09-29-2017, 08:56 AM
#2
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Joined APC: Jul 2013
Posts: 77
This, at least in the past, has been cyclical. Companies have been known to drop internal departments and go with management companies or NetJets. This lasts a few years and then many times the company realizes that an internal department is best.
I worked for a large management company and they did as good a job as they could, but the structure is inherently setup that it can't give the individual service an internal department can.
I gave up on corporate aviation and went 121 due to companies like GE closing shop. The flying was more fun, but for me the stability offered by the company I currently fly for was the key factor.
I worked for a large management company and they did as good a job as they could, but the structure is inherently setup that it can't give the individual service an internal department can.
I gave up on corporate aviation and went 121 due to companies like GE closing shop. The flying was more fun, but for me the stability offered by the company I currently fly for was the key factor.
09-29-2017, 11:00 AM
#3
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Joined APC: Mar 2013
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Posts: 67
Originally Posted by Rajplt
This, at least in the past, has been cyclical. Companies have been known to drop internal departments and go with management companies or NetJets. This lasts a few years and then many times the company realizes that an internal department is best.
I worked for a large management company and they did as good a job as they could, but the structure is inherently setup that it can't give the individual service an internal department can.
I gave up on corporate aviation and went 121 due to companies like GE closing shop. The flying was more fun, but for me the stability offered by the company I currently fly for was the key factor.
I worked for a large management company and they did as good a job as they could, but the structure is inherently setup that it can't give the individual service an internal department can.
I gave up on corporate aviation and went 121 due to companies like GE closing shop. The flying was more fun, but for me the stability offered by the company I currently fly for was the key factor.
09-29-2017, 11:33 AM
#4
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Joined APC: Jun 2015
Posts: 116
Originally Posted by cobalt650
Gang,
The GE news and some other observations triggered this post. Is there a trend in the business aviation industry to move from company owned platforms and employees to managed assets, i.e. NetJets or Gamma type operations? And if this is becoming more common, is that a good or bad thing for pilots? I'm a bit concerned that joining what appears to be a solid, company owned outfit would transition to managed down the road and all would be starting all over again. Appreciate inputs/experiences. Thanks!
The GE news and some other observations triggered this post. Is there a trend in the business aviation industry to move from company owned platforms and employees to managed assets, i.e. NetJets or Gamma type operations? And if this is becoming more common, is that a good or bad thing for pilots? I'm a bit concerned that joining what appears to be a solid, company owned outfit would transition to managed down the road and all would be starting all over again. Appreciate inputs/experiences. Thanks!
09-30-2017, 02:56 AM
#5
Pilot
Joined APC: Dec 2014
Position: Large cabin Bizjet
Posts: 448
I fly a fully managed aircraft, and its kind of nice, because a lot of the paperwork and billing is taken care of by the management company. It really makes our lives a lot easier. Can't say it makes my job any more or less stable, aside from the fact that if my airplane goes away, they will try to put you on another managed airplane. Your quality of life and job stability all depends on the owner of the aircraft. Thankfully my owner is great. Is it more stable than working for a major? Debatable, and I'll never make as much money as working for a major, but my QOL is really good.
If you actually have that choice, then my advice is to go major. But I don't think getting hired at a major is really that simple. You won't have a decision to make until you get an offer letter.
Originally Posted by cobalt650
Thank you. The major vs corporate decision is one I ponder daily.
10-01-2017, 06:02 PM
#6
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Joined APC: Mar 2013
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Originally Posted by HwkrPlt
I fly a fully managed aircraft, and its kind of nice, because a lot of the paperwork and billing is taken care of by the management company. It really makes our lives a lot easier. Can't say it makes my job any more or less stable, aside from the fact that if my airplane goes away, they will try to put you on another managed airplane. Your quality of life and job stability all depends on the owner of the aircraft. Thankfully my owner is great. Is it more stable than working for a major? Debatable, and I'll never make as much money as working for a major, but my QOL is really good.
If you actually have that choice, then my advice is to go major. But I don't think getting hired at a major is really that simple. You won't have a decision to make until you get an offer letter.
If you actually have that choice, then my advice is to go major. But I don't think getting hired at a major is really that simple. You won't have a decision to make until you get an offer letter.
10-02-2017, 03:33 AM
#7
Pilot
Joined APC: Dec 2014
Position: Large cabin Bizjet
Posts: 448
Originally Posted by cobalt650
Fortunate to have both. First world problem.
My vote is for the major, especially if you'd be able to live in base. While a great corporate job, IMHO, beats the pants of flying for a major, you never know if it is going to stay great. If you work for a HNWI, what if he/she has something tragic happen to them? If you work for a large corporation, what happens when a new CEO comes in and they need to get the share price up by $.10/share that quarter? At least with the airlines you know what you are going to get, for the most part, and with all the hiring going on now, you're going to have the security of seniority.
Best of luck with your decision.
11-08-2017, 05:44 PM
#8
Gets Weekends Off
Joined APC: Dec 2007
Posts: 425
Majors vs Corporate
While the majors are hiring in huge numbers , don't wait too long to jump ship over to the majors !!! Seniority number is HUGE , cannot put enough emphasis on how important the Seniority number is to your career with a major airline ..........
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