NetJets Phone Interview and Information
#223
13 years at UPS, currently; current bid might knock a year off that.
Appears second year FO guarantee at UPS exceeds NJA 13 year 7/7 CA rates as displayed on APC.
But all that is simply a “measuring contest”, isn’t it?
Appears second year FO guarantee at UPS exceeds NJA 13 year 7/7 CA rates as displayed on APC.
But all that is simply a “measuring contest”, isn’t it?
#225
Banned
Joined APC: Jun 2006
Posts: 466
Excellent!
Boiler... for 550... how did you calculate that time to upgrade?
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#226
Gets Weekends Off
Joined APC: Jul 2016
Posts: 110
Trying to predict upgrade times in this industry is a fool's errand. There are too many factors out of our control. When I was hired on at my present employer I planned on never upgrading. If I never do I will still be better off by a wide margin than if I had stayed for the factors that are important to me. Namely money, quality of life and working for a great company. Surprisingly as of today after a little more than two years I'm only 1900 from the junior Captain out of 9500. With projected hiring that's only three or so years if the bypass percentage remains constant. The economy, the Companies plans and the bypass rate are completely out of our control and can change on a dime. Personally I think Buffett lost interest after the great recession. One way or another he won't be in control for much longer, it's anyone's guess, good or bad, and completely out of our control as pilots what will happen then. Place your bets and don't look back.
#228
That being said, those 2005 DOH CAs endured retirement of three-man airplanes, Age 65, AND the Great Recession which caused no hiring from the end of 2017 through mid-2014.
Today, with 6 growth 748s delivered since Oct 2017 and 32 more growth airframes (22 748, 7 763F and 3 763BCF) due to be delivered between now and the end of 2020 AND increasing mandatory retirements with a substantial wave that starts in 2024 and runs for over a decade ..past results will most likely not be indicative of future performance for recent hires.
#229
Banned
Joined APC: Jun 2006
Posts: 466
I looked at the DOH of the system-wide junior CA (ANC MD11) then looked at a calendar.
That being said, those 2005 DOH CAs endured retirement of three-man airplanes, Age 65, AND the Great Recession which caused no hiring from the end of 2017 through mid-2014.
Today, with 6 growth 748s delivered since Oct 2017 and 32 more growth airframes (22 748, 7 763F and 3 763BCF) due to be delivered between now and the end of 2020 AND increasing mandatory retirements with a substantial wave that starts in 2024 and runs for over a decade ..past results will most likely not be indicative of future performance for recent hires.
That being said, those 2005 DOH CAs endured retirement of three-man airplanes, Age 65, AND the Great Recession which caused no hiring from the end of 2017 through mid-2014.
Today, with 6 growth 748s delivered since Oct 2017 and 32 more growth airframes (22 748, 7 763F and 3 763BCF) due to be delivered between now and the end of 2020 AND increasing mandatory retirements with a substantial wave that starts in 2024 and runs for over a decade ..past results will most likely not be indicative of future performance for recent hires.
Exactly,
550 can understand how I did the same thing by dividing the total FOs by the rate of upgrade.
That’s the only point I was making... or trying to.
NJA upgrade is now 7 years at current rate o upgrades.
When Age 70 hits, that number will drop.
550 and the Travel Gnome JetLife are so jaded by NetJets for reasons they could never control (a merger that left one very junior based on date of hire and the other a newhire expecting instant fortune and glory).
They made their decisions to come here.
They made their decisions to leave here and while many of us are pleased that they decided to make decisions to move on to what they perceive as bigger and better, they cannot help but continue and look in the rear view and take cheap shots.
If it were I headed to another company, I’d stare firmly forward and trust I made the correct decision.
Continuing to snipe at an old employer and its employees to attempt to “save” them is literally like trying to fold sheets in a hurricane. I can assure them both that the new hires coming on here are quite content to be here. Excited and energized.
Some even turned down the position of flow through to a legacy to be here, home based and... just fine.
It’s a free market boys and it’s a buyers market. If a pilot wants to fly pax, cargo or Frax, they’re making their moves now.
Just do so with class is the message.
Boiler... thanks for the info and good luck to you in upgrade!
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#230
Banned
Joined APC: Sep 2015
Position: MD-11 FO
Posts: 493
At 48, I sat down with my financial advisor at Schwab and asked him to figure it out for me. Based on the current contracts at both companies and upgrading at UPS my last 4 years, staying at NJ was going to cost me 2.1 million dollars in earned income and retirement benefits when I retire at 65. That was all I needed to hear. I took the cash buyout offer, worked a contract gig for a few months and came to Brown. Never been more happy in my entire life, career wise.
I have spent countless hours talking with and helping colleagues from NJ who are interested in UPS, why wouldn't I. You think I have some beef with NetJets or something, and you're wrong John... I don't. But I can see that place on 3 dimensions: my time at NJI, NJA, and now being gone. Its not the greatest flying gig on earth. Yes, it works for some, others not so much. For those interested in leaving, why shouldn't I help? For those that choose to stay, best wishes. Everyone leaves this career at some point....
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