Citation Shares
#31
Wow - you've got a good background for fractional flying. Again, good job on getting on with CS. I have a buddy who flies the Sovereign at NJA and he really enjoys the airplane.
Is it true that Netjets and Citationshares hired a bunch of Skybus pilots after it shut down (something like a career fair)? Did many Skybus pilots get on with Netjets, Citationshares and the other fractionals?
Is it true that Netjets and Citationshares hired a bunch of Skybus pilots after it shut down (something like a career fair)? Did many Skybus pilots get on with Netjets, Citationshares and the other fractionals?
#32
For the guy who said there is huge growth potential at CS, the CEO told us directly that he intends to keep CS small intentionally (they currently have around 85 planes and the final number he gave us was less than double that number). Their business plan is to be the "elite fractional club" that people want to get into. That can change obviously, but that's what we were told by the CEO. Also, upgrade is unknown at both companies. In early 2007, CS passed out paperwork that said 2 year upgrade, then said 2.5-3 yrs at Indoc, now it looks to be 3-4 yrs best guess. Next year will be a better indicator of CS growth when they are done adjusting their old fleets. On the other hand, NJ is hiring like crazy (CS is not, next year might be different) and has tons of aircraft on order--so who knows what upgrade is going to be there.
With few exceptions, vacation, benefits, and job security are better at NJ. CS is a great company, but you guys asked the reasons people are leaving and got an answer. I know NJ is not a perfect company and who knows what will happen in the future. Don't try to speculate when you don't know what's up and don't attack people who have been there and are trying to help you out with good info.
#33
Good post Chris.. I thought you were still with CS... One question for you (and you can PM me if you prefer).. with upgrade taking 4 years at CS, and you having a year on the property there to start... but taking 7+ at NJA, aren't you walking away from money? I'm sure a lot of personal things go into a choice to go over, but I'm hearing a lot of guys are... is there a problem at CS, or is NJA just too tempting to pass up? For me, the faster upgrade means a quicker time to the 6 figures salary, and being home based in PHX is also a great thing, so I can't see NJA being better for me..
thanks and best of luck there..
thanks and best of luck there..
#34
.. with upgrade taking 4 years at CS, and you having a year on the property there to start... but taking 7+ at NJA, aren't you walking away from money? I'm sure a lot of personal things go into a choice to go over, but I'm hearing a lot of guys are... is there a problem at CS, or is NJA just too tempting to pass up?
#38
Didn't CS have 26 bases to NetJets 5, and more pay than NetJets prior to NetJets new contract? You seem to be trying to paint CS in a bad light here and I don't know why. CS was the industry leader until NetJets new contract....right?
#39
Netjets pilots get the credit for the workrules and pay at NetJets, not the company in my view.
#40
Yes CS management HAD the foresight to provide more bases (25 to NJ 5) than NJ, but they didn't keep that momentum. Now NJ has 100 bases while CS is only hiring into 8. You might think CS was the industry leader before the TA, but if you look at the facts, you might think differently. CS gave their pilots a raise in '05 two weeks before NJ gave their pilots a raise and said it was a coincidence. The CS raises were magically $1,000 more in base salary than the NJ raises (thus the reason why CS claimed to have the best paid pilots). In reality, NJ's work rules and benefits in the '05 contract blew the $1,000 difference in base pay out of the water. The CS pilot group also believes that the raises only came about when their parent company Textron got wind of the new NJ pay and "suggested" CS management do something about it. CS has also never posted a profit like NJ has done the past couple years. With the exception of a few points, NJ has clearly been the industry leader since their contract in '05.
That being said, CS management has made some huge strides since the beginning of the year in a positive direction. All the pilots they have lost this year have made them realize they need to make these changes. CS pilots are also currently seeking representation. However, like I've already said, CS is a great company to work for and you shouldn't be afraid to seek employment there.
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