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Corp v legacy?

Old 04-19-2018, 11:52 AM
  #21  
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My budy sent me this after asking for his opinion. Funny

He thinks I am nuts

https://www.youtube.com/watch?v=ruYX-KYG5xc
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Old 04-19-2018, 03:01 PM
  #22  
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Two sides to every coin....

http://https://www.youtube.com/watch?v=rNxz2hhSXuY
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Old 04-21-2018, 02:10 PM
  #23  
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You said 'retired military.' Retired military pilot? If so, Delta seems especially enamored of military pilots.
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Old 04-22-2018, 07:59 AM
  #24  
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Sherp,

Where do I begin?

ARE YOU OUT OF YOUR FREAKIN MIND?

I have been Corporate 91 and now Fractional for my entire career. I still fly a fair number of 91 contract trips and keep close tabs on the flying world among the busy corporate scene in my base city and across the country. My better half is a medically retired legacy airline pilot and we have dozens of friends across the airline and corporate aviation world. I’d like to think my opinion on this subject is relatively well-informed.

ARE YOU OUT OF YOUR FREAKIN MIND?

Corporate flight departments vaporize on a whim. New CEO, maybe a dip in the stock price, stir in a few activist stockholders crying about the “royal barge” and POOF! there goes your sweet, comfy corporate gig. Maybe the Board of Directors decides to sell the jets and sign on with NetJets. Ever heard of Dresser? Freeport-McMorran? Chesapeake Energy? Now you’re a few years older, out on the street with hat in hand, hoping another gig in your home city opens up so you don’t have to move. Maybe less money, maybe a dick of a boss, maybe crappier equipment...and the airlines won’t call when they see you ditched a legacy once before.

It happens over, and over, and over again. NO department is safe.

Is an airline gig iron clad? No. But given today’s airline demographics and hiring needs, if you have been on property for almost any length of time, if you got furloughed it means there are pitchforks and torches in the streets and this country has bigger problems than anybody’s job and we’re just trying to stay alive.

To me, the lifetime earnings, retirement, job security, schedule manipulation, and more predictable flying of a legacy carrier outweigh the “fun” aspects of corporate flying by a country mile.

I missed the window for an airline gig. Now I have gold handcuffs and not enough pre-retirement runway to make up the first three years of pay differential if I bail. That’s life and I’m trying to make the best of it.

But you hit the timing window on the button and are poised to have a lucrative career at a legacy airline that many of my younger corporate and fractional colleagues would beg, borrow, or steal for.

With all respect, don’t be an idiot.

Cheers
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Old 04-22-2018, 09:00 AM
  #25  
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Thanks man, thats a great information and I appreciate you taking the time to write it up. I wish I could repay your time somehow via a beer or soda.


Originally Posted by GeeWizDriver View Post
Sherp,

Where do I begin?

ARE YOU OUT OF YOUR FREAKIN MIND?

I have been Corporate 91 and now Fractional for my entire career. I still fly a fair number of 91 contract trips and keep close tabs on the flying world among the busy corporate scene in my base city and across the country. My better half is a medically retired legacy airline pilot and we have dozens of friends across the airline and corporate aviation world. I’d like to think my opinion on this subject is relatively well-informed.

ARE YOU OUT OF YOUR FREAKIN MIND?

Corporate flight departments vaporize on a whim. New CEO, maybe a dip in the stock price, stir in a few activist stockholders crying about the “royal barge” and POOF! there goes your sweet, comfy corporate gig. Maybe the Board of Directors decides to sell the jets and sign on with NetJets. Ever heard of Dresser? Freeport-McMorran? Chesapeake Energy? Now you’re a few years older, out on the street with hat in hand, hoping another gig in your home city opens up so you don’t have to move. Maybe less money, maybe a dick of a boss, maybe crappier equipment...and the airlines won’t call when they see you ditched a legacy once before.

It happens over, and over, and over again. NO department is safe.

Is an airline gig iron clad? No. But given today’s airline demographics and hiring needs, if you have been on property for almost any length of time, if you got furloughed it means there are pitchforks and torches in the streets and this country has bigger problems than anybody’s job and we’re just trying to stay alive.

To me, the lifetime earnings, retirement, job security, schedule manipulation, and more predictable flying of a legacy carrier outweigh the “fun” aspects of corporate flying by a country mile.

I missed the window for an airline gig. Now I have gold handcuffs and not enough pre-retirement runway to make up the first three years of pay differential if I bail. That’s life and I’m trying to make the best of it.

But you hit the timing window on the button and are poised to have a lucrative career at a legacy airline that many of my younger corporate and fractional colleagues would beg, borrow, or steal for.

With all respect, don’t be an idiot.

Cheers
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Old 04-22-2018, 09:13 AM
  #26  
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Originally Posted by GeeWizDriver View Post
Sherp,

Where do I begin?

ARE YOU OUT OF YOUR FREAKIN MIND?

I have been Corporate 91 and now Fractional for my entire career. I still fly a fair number of 91 contract trips and keep close tabs on the flying world among the busy corporate scene in my base city and across the country. My better half is a medically retired legacy airline pilot and we have dozens of friends across the airline and corporate aviation world. I’d like to think my opinion on this subject is relatively well-informed.

ARE YOU OUT OF YOUR FREAKIN MIND?

Corporate flight departments vaporize on a whim. New CEO, maybe a dip in the stock price, stir in a few activist stockholders crying about the “royal barge” and POOF! there goes your sweet, comfy corporate gig. Maybe the Board of Directors decides to sell the jets and sign on with NetJets. Ever heard of Dresser? Freeport-McMorran? Chesapeake Energy? Now you’re a few years older, out on the street with hat in hand, hoping another gig in your home city opens up so you don’t have to move. Maybe less money, maybe a dick of a boss, maybe crappier equipment...and the airlines won’t call when they see you ditched a legacy once before.

It happens over, and over, and over again. NO department is safe.

Is an airline gig iron clad? No. But given today’s airline demographics and hiring needs, if you have been on property for almost any length of time, if you got furloughed it means there are pitchforks and torches in the streets and this country has bigger problems than anybody’s job and we’re just trying to stay alive.

To me, the lifetime earnings, retirement, job security, schedule manipulation, and more predictable flying of a legacy carrier outweigh the “fun” aspects of corporate flying by a country mile.

I missed the window for an airline gig. Now I have gold handcuffs and not enough pre-retirement runway to make up the first three years of pay differential if I bail. That’s life and I’m trying to make the best of it.

But you hit the timing window on the button and are poised to have a lucrative career at a legacy airline that many of my younger corporate and fractional colleagues would beg, borrow, or steal for.

With all respect, don’t be an idiot.

Cheers
+1

Same sentiments, same situation for me.

I enjoy my Part 91 corp job, but "A-firm" to all of the above.
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Old 04-22-2018, 12:28 PM
  #27  
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Go to a legacy. A corporate job is one new CEO, or bad quarter, or the wife of the CEO that decides she doesn't like you cause you forgot to stock the right kind of dog cookies away from evaporating. There is a bit more stability at a legacy, and when you get home from a trip, you can flush your cell phone down the toilet and not have to worry about it ringing.
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Old 04-22-2018, 02:05 PM
  #28  
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Originally Posted by HwkrPlt View Post
Go to a legacy. A corporate job is one new CEO, or bad quarter, or the wife of the CEO that decides she doesn't like you cause you forgot to stock the right kind of dog cookies away from evaporating. There is a bit more stability at a legacy, and when you get home from a trip, you can flush your cell phone down the toilet and not have to worry about it ringing.
Im at a legacy so I guess the verdict is in
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Old 04-23-2018, 08:56 AM
  #29  
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Originally Posted by galaxy flyer View Post
If you interview, don’t be hesitant to ask about trip planning, handling, schedule and vacation, pilots per plane (4 is nice, 5 or 6 better, if lots of international), how they handle cleaning and stocking the planes, flight attendants, what hotel chains they use (Marriott seems to be best, but it varies), how the manage training, class of travel to position, in addition to th$ usual questions. The airlines are pretty simple, but every flight department is different. Get a read on how they are to travel with. The department I was in immediately struck me as a enjoyable gig—good people who made trips sail by. It remained so the 12 years I was there. There are plenty of departments like that and plenty that that the pilots can’t stand each other.

GF
Definitely varies.

As far as stability goes, I think the airline pilots are alittle quick to say "mines better".

The airline industry has been historically unstable. TWA pilots not getting the call back until 14 years later might be an extreme example, but it happened. Pan Am, Eastern, Braniff. It's silly to think it can never happen again.

Meanwhile corp flight departments are often tied to 'downturn resistant' industries. We flew ag-pharma sales people into small towns. Even in the worst of times people still need food and drugs. 08' wasn't even a blip on our company radar financially, except for the hundred+ airline pilot apps received.

There are +/-'s to both. The airlines aren't a panacea for every lifestyle.
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Old 04-23-2018, 09:26 AM
  #30  
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Originally Posted by Varsity
Meanwhile corp flight departments are often tied to 'downturn resistant' industries. We flew ag-pharma sales people into small towns. Even in the worst of times people still need food and drugs. 08' wasn't even a blip on our company radar financially, except for the hundred+ airline pilot apps received.
How many flight departments do you know shut down during the Great Recession? How many departments continued operations, but downsized number/type of aircraft or headcount?

Very glad your company weathered the storm so well, but from where I sat at the time (a small 91 operation) bizav was hit WAY harder in 08-09 than airlines were.

I would submit that structural changes to airlines post-9/11 (ie. consolidation via M&A activity) have made them financially more stable than their historical mean, whereas public corporations have become much more sensitive in a 24/7 news and social media society to public and shareholder perception of 'corporate excess'.
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