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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Flexjet (https://www.airlinepilotforums.com/flexjet/)
-   -   Flexjet going public…. (https://www.airlinepilotforums.com/flexjet/139776-flexjet-going-publico.html)

Fly Dog 10-11-2022 03:47 PM
Flexjet is going public….
 
https://www.linkedin.com/posts/flexj...member_desktop

https://www.forbes.com/sites/douggol...h=3405326b3b5a

Junglejuice 10-12-2022 08:32 AM
Hope this is a positive move. Will be interesting to see it play out.

FracCracka 10-13-2022 06:12 AM
It’s going to be great for Ricci.

flyitfast 10-13-2022 06:16 AM
Quote:
Originally Posted by FracCracka (Post 3511750)
It’s going to be great for Ricci.
yes it will be.

wankel7 10-16-2022 04:54 PM
Quote:
Originally Posted by Junglejuice (Post 3511201)
Hope this is a positive move. Will be interesting to see it play out.
Especially, without a union.

Flyslow13 10-17-2022 03:10 AM
Maybe KR will reconsider his “deferred” 401K plan for his pilot group! The one where, ya know, you get paid 3 years in arrears for your 401K bonuses 🤣

droptrack97 04-12-2023 04:18 AM
https://finance.yahoo.com/news/flexj...210000376.html

Looks like the IPO is off the table now.

followingdreams 04-12-2023 07:36 AM
Quote:
Originally Posted by Flyslow13 (Post 3513878)
Maybe KR will reconsider his “deferred” 401K plan for his pilot group! The one where, ya know, you get paid 3 years in arrears for your 401K bonuses 🤣
You are right AND wrong.....First, you are wrong, its a retention bonus that the employee has the CHOICE of adding to the 401k or take as cash payment. You are right though, he reconsidered it and instead of being 6% of your base salary, it is now a FIXED $18k....Way better....

TexasLonghorn 04-12-2023 10:49 AM
Quote:
Originally Posted by followingdreams (Post 3622968)
You are right AND wrong.....First, you are wrong, its a retention bonus that the employee has the CHOICE of adding to the 401k or take as cash payment. You are right though, he reconsidered it and instead of being 6% of your base salary, it is now a FIXED $18k....Way better....
Fixed $18k unless 6% of your salary would eclipse that mark, then it still accrues at a higher rate. Still not a great retention tool, but I’ll take the extra cash.

AirBear 04-12-2023 12:18 PM
Quote:
Originally Posted by droptrack97 (Post 3622876)
https://finance.yahoo.com/news/flexj...210000376.html

Looks like the IPO is off the table now.
Another article on this:

https://www.ainonline.com/aviation-n...ource=hs_email


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