What's the best fractional to work for in terms of QOL vs. Pay???

 

The biggest one.....Netjets!
The downside is the domicile system they currently have for new hires. Good Luck!

 

I suppose you'll get diferent answers. Depends on what you want in areas:
-Where do you want to live? Are you willing to commute on your dime or move to the DOM, or do you want to be home based?
-What aircraft do you want to fly?
-Is earlier upgrade inportant to you?
-etc., etc...

 

1. Anywhere southwest or southeast
2. Ultimately no commute
3. Currently flying and typed in CE560XL although a change in A/C is not important
4. Willing to wait 2-3 years..

thanx for the quick reply

 

If you don't care beyond southwest or southeast, then PBI or DAL should do under the NJA domicile system and I would suggest NJA. If you want more choices of where to live then flip a coin between CS and Flex. I'm at NJA and I love it and think it's the best, but not in every respect- where you live is a huge factor that more than compensates many for the prospective short comings of any of the other fractionals out there. Good luck whatever you choose.

 

If you're looking for stability.... Uncle Warren makes a pretty good case.

Excerpt from the 2006 Berkshire Hathaway Annual Report Warren E. Buffett - Chairman of the Board 03/01/07

A much improved situation is emerging at NetJets, which sells and manages fractionally-owned aircraft. This company has never had a problem growing: Revenues from flight operations have increased 596% since our purchase in 1998. But profits had been erratic.

Our move to Europe, which began in 1996, was particularly expensive. After five years of operation there, we had acquired only 80 customers. And by mid-year 2006 our cumulative pretax loss had risen to $212 million. But European demand has now exploded, with a net of 589 customers having been added in 2005-2006. Under Mark Booth’s brilliant leadership, NetJets is now operating profitably in Europe, and we expect the positive trend to continue.

Our U.S. operation also had a good year in 2006, which led to worldwide pre-tax earnings of $143 million at NetJets last year. We made this profit even though we suffered a loss of $19 million in the first quarter.

 

Just sent my resume to NetJets Av and NetJets Int. Retiring C-17 pilot with 5000+ TT. LR Jet type lots of international experience. Is the Gulfstream type a must to get with NJ Int? Is DAL a hard domicile to get with NJ Av? Any idea how many apps they have in the stack and does it take a walk in to get an interview?

 

NJI mostly brings in pilots with the type, but not all. What I've heard is that there is pretty much no hope without internal recommendations. As far NJA and DAL goes, it is probably the most requested domicile and it is currently taking quite a while to get the interview if that is the choice you put down on the domicile request form. I've heard there are at least many hundreds and most likely well over 1000 resumes in the stack, but that a good internal letter of recommendation may speed things a bit. I don't think the walk in is necessary. Most of us here hired post contract are hoping the stacks of resumes will shrink so the company will be forced to open more domiciles or offer home basing to all, but the job is good and I'm not betting on any more choiced until a new contract (many years in the future) gets this done. Plan on a minimum of 6 months and probably quite a bit longer to get started if all goes well. Good luck.

 

Switching domiciles: regardless of which domicile you are hired into, you may bid into any other domicile via the equipment bid process. The procedure is being worked out and I know there are some very frustrated guys, but the basic premise is that any pilot on the seniority list will have priority over any new-hire when a domicile slot opens up. You may have been hired into TEB, but before they can hire a new guy into PBI, they've got to let you bid to it. However, the process is still "in process".

As far as the relationship between NJA and NJI: NJA has a union, NJI doesn't. There will be a "come to Jesus" vote in the future about merging the two seniority lists.

Also remember that any NJA pilot who wishes may bid over to NJI after two years assuming there is a vacancy posting. A pilot who switches from NJA to NJI is then locked into NJI for three years, but retains his original NJA seniority number if he ever wants to come back.

The whole issue of the merged list is going to be very interesting and could be very contentious in the future.

Personally, I'm betting on NJA's union due to size and clout. The NJI guys are actually treated better right now since NetJets would very much like to see that division stay non-union.

 

Does anyone here have any opinions on them? I have already checked their website.

Just curious if anyone here works or worked for them in the past.

ladi