Netjets Schedule
#21
Banned
Joined APC: Oct 2019
Posts: 923
Netjets Schedule
You won't make as much at NJA that you will at a major. But there's a huge difference in the flying. At a major, you just enter the jet, make a left turn, and that's about it (other than walkaround). You'll see the same 2 dozen or so airports over and over again. Not all airlines are like that but it's pretty common.
At NetJets, it's just 2 pilots and a jet (large cabin jets may have a F/A). You do it all. We do have excellent dispatchers that do our flight planning. But you will stock and clean the jet, load bags, etc. The nice part is you have a lot more interaction with the pax than at an airline. A few times when we've had delays I had some nice conversations with pax. Had a WW2 Vet who founded a chemical company. You should have heard him fussing about President Roosevelt, how he was a damn socialist, etc. Very funny.
But the best part is seeing such a variety of airports. I was there for around 14 years and it was very unusual to fly a 5-7 day tour and not see a new airport. We went into some really out of the way places. One airport we overnighted at was unattended with no chocks. So we had to dig rocks out of a ditch. Ground trans could be sketchy at remote airports. Once in Marfa, TX we had to take the city handicapped van to our hotel 27 miles away in Alpine, TX. The next day we had no way to get back to Marfa. Finally the hotel owner who happened to be in town gave us a ride.
Once we broke in Puerto Rico on December 30th. Got to spend 3 days in a Ritz Carlton resort hotel waiting for parts. Got to enjoy the hotel's New Years Eve fireworks show. Some of the small places you get crappy hotels, but more often you get put up in really nice hotels that run more than $500/night.
Lots of similar stories, too many to mention. Another nice thing about NJA is the 7/7 schedule. You know when you'll be off for the indefinite future. Training events can move the schedule by a few days twice a year. Makes it easy to plan off duty activities. There is no mandatory flying on days off. They can ask, and it pays a lot of extra $$$, but you are free to say no.
Retirement may not be as good as some major's, we get a 57% match to our 401k's. And there's no cap. So if you contribute the max $19,500 in 2020, you'll get $11,115 in matching funds. $14,820 for over age 50 who max it out.
Hotel and Airline points are great. My wife and I flew 1st class CLT-HNL and stayed at a Hilton for a week all on points.
Didn't mean to get this long winded, but you get the idea. Fractional is a very different experience.
At NetJets, it's just 2 pilots and a jet (large cabin jets may have a F/A). You do it all. We do have excellent dispatchers that do our flight planning. But you will stock and clean the jet, load bags, etc. The nice part is you have a lot more interaction with the pax than at an airline. A few times when we've had delays I had some nice conversations with pax. Had a WW2 Vet who founded a chemical company. You should have heard him fussing about President Roosevelt, how he was a damn socialist, etc. Very funny.
But the best part is seeing such a variety of airports. I was there for around 14 years and it was very unusual to fly a 5-7 day tour and not see a new airport. We went into some really out of the way places. One airport we overnighted at was unattended with no chocks. So we had to dig rocks out of a ditch. Ground trans could be sketchy at remote airports. Once in Marfa, TX we had to take the city handicapped van to our hotel 27 miles away in Alpine, TX. The next day we had no way to get back to Marfa. Finally the hotel owner who happened to be in town gave us a ride.
Once we broke in Puerto Rico on December 30th. Got to spend 3 days in a Ritz Carlton resort hotel waiting for parts. Got to enjoy the hotel's New Years Eve fireworks show. Some of the small places you get crappy hotels, but more often you get put up in really nice hotels that run more than $500/night.
Lots of similar stories, too many to mention. Another nice thing about NJA is the 7/7 schedule. You know when you'll be off for the indefinite future. Training events can move the schedule by a few days twice a year. Makes it easy to plan off duty activities. There is no mandatory flying on days off. They can ask, and it pays a lot of extra $$$, but you are free to say no.
Retirement may not be as good as some major's, we get a 57% match to our 401k's. And there's no cap. So if you contribute the max $19,500 in 2020, you'll get $11,115 in matching funds. $14,820 for over age 50 who max it out.
Hotel and Airline points are great. My wife and I flew 1st class CLT-HNL and stayed at a Hilton for a week all on points.
Didn't mean to get this long winded, but you get the idea. Fractional is a very different experience.
Long term earnings are not even close. But not everything is about money, although retiring with a $100k/yr pension is a very strong factor. Some people like the variety of flying, the unpredictability, some like knowing what they are doing. No right or wrong answer. Fly from home is huge, no doubt.
Anyone can debate the good and bad of NJ vs a Big Six. The job itself is subjective. But what is pretty clear is long term, career earnings will be higher at a big 6 having worked the same or less amount of days and the job itself will be much easier, maybe boring for some, but definitely easier. Oh, and it’s definitely no fun being 60+ in extreme cold temperatures freezing your rear end at the crack of dawn prepping the airplane outside, loading baggage, the same for 90+ deg. Or the “normal” 11-12 hour days flying 3-4 legs a day in small and mid size planes.
#22
Banned
Joined APC: Oct 2019
Posts: 923
Netjets Schedule
And another $7,000 or so average to your 401k via 33% FDP, don’t forget that. You could easily see close to $20k in company contributions to your 401k (elective plus non elective).
#23
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Joined APC: May 2018
Posts: 66
I’d think many year two FOs at major airlines see close to $20k of company money in their retirement accounts annually as well.
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#25
Banned
Joined APC: Oct 2019
Posts: 923
Well, considering a 2nd year FO can easily make $120k, 16% DC is $20k. And your personal contribution to the 401k is not required to get the 16%, as opposed to the 57% MATCH that requires you to contribute up to the legal limit.
So let’s not go overboard now . Oh, add PS on top of the DC.
#26
Banned
Joined APC: Jan 2020
Posts: 52
Well, considering a 2nd year FO can easily make $120k, 16% DC is $20k. And your personal contribution to the 401k is not required to get the 16%, as opposed to the 57% MATCH that requires you to contribute up to the legal limit.
So let’s not go overboard now . Oh, add PS on top of the DC.
So let’s not go overboard now . Oh, add PS on top of the DC.
#28
Line Holder
Joined APC: Apr 2018
Posts: 53
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