Search

Notices
NetJets Fractional Operator

Leave Netjets?

Thread Tools
 
Search this Thread
 
Old 04-02-2017 | 02:37 PM
  #41  
Banned
 
Joined: Jan 2013
Posts: 1,919
Likes: 0
Default

Originally Posted by ZapBrannigan
I agree. In 08 my Fortune 500 employer flew even more as they tried to wring every last penny from the company stores and distribution centers. Discretionary spending at the airlines fell.

Maybe fewer trips to Aspen and Hilton Head, but more business travel overall.


Sent from my iPad using Tapatalk
In 2008 NetJets furloughed almost 500 employees. I watched 2 135 outfits go out of business, as well as several flight schools and small operators. I know some departments flourished, but lots also closed their flight departments.
Reply
Old 04-02-2017 | 05:49 PM
  #42  
Gets Weekends Off
 
Joined: Feb 2014
Posts: 117
Likes: 0
From: E145 FO
Default

Originally Posted by WarEagle1
Year 3 FO here at NJ. 45 years old. Looking to jump to WN should the opportunity present itself. Dallas based so it'd be a great fit. App is in, and I'm one of the lucky 400 who'll be attending the in house pilot recruiting event later this month. We'll see what happens. It's the only app I have in. Not interested in AA. I'm happy at NJA, but making the switch is better for myself and my family over the long haul. I was a NO voter on our current CBA. Better than it was under Hansell but for new hire FOs, ehh not so much. Good luck to all!

SWA sounds good me. But curious, why "not interested" in AA? If you're Dallas based, wouldn't that make any very large airline based in Dallas, a no-brainer. As far as I can tell, AA has extreme seniority retirement in the coming few years. Just curious.
Reply
Old 04-02-2017 | 06:53 PM
  #43  
Line Holder
 
Joined: Feb 2007
Posts: 1,453
Likes: 24
From: Airplanes
Default

Originally Posted by EMBskillz
SWA sounds good me. But curious, why "not interested" in AA? If you're Dallas based, wouldn't that make any very large airline based in Dallas, a no-brainer. As far as I can tell, AA has extreme seniority retirement in the coming few years. Just curious.
The current AA contract is crap with a capital S. However, with management and the union wanting to reopen it and improve it so that AA can stay competitive with some serious retirements on the horizon they may very well be worth looking at soon.
Reply
Old 04-02-2017 | 07:52 PM
  #44  
Banned
 
Joined: Jun 2006
Posts: 466
Likes: 0
Default

Originally Posted by Jetlife
If gas goes up to 100/barrel that would put NetJets in the red. Everyone suffers, not just the airlines.


Mmmm. No.

That's called a fuel surcharge and it's covered by the contracts.

Next?


Sent from my iPhone using Tapatalk
Reply
Old 04-02-2017 | 08:03 PM
  #45  
Line Holder
 
Joined: Feb 2007
Posts: 1,453
Likes: 24
From: Airplanes
Default

Originally Posted by FLYLOW22
Mmmm. No.

That's called a fuel surcharge and it's covered by the contracts.

Next?


Sent from my iPhone using Tapatalk
And that cost is borne by the owner who has a limit as well. In 2008 when fuel prices went so high we had Ten owners using the Sovereign because the fuel surcharge was cheaper. We also had Sovereign owners who were using DAL/AA/UAL first class for their transcons because it was thousands of dollars cheaper instead of flying their share. Money isn't free, and except for the new money Marquis owners, those who have earned it and quite smart with it. If fuel goes back they will adjust their flying.
Reply
Old 04-02-2017 | 09:39 PM
  #46  
Banned
 
Joined: Jun 2006
Posts: 466
Likes: 0
Default

Originally Posted by Macjet
And that cost is borne by the owner who has a limit as well. In 2008 when fuel prices went so high we had Ten owners using the Sovereign because the fuel surcharge was cheaper. We also had Sovereign owners who were using DAL/AA/UAL first class for their transcons because it was thousands of dollars cheaper instead of flying their share. Money isn't free, and except for the new money Marquis owners, those who have earned it and quite smart with it. If fuel goes back they will adjust their flying.


Crazy stuff!

It's a good thing that monthly management fees pay the salaries.

Hourly occupied go to a different bucket. Always a silver lining. Less flying, less wear and tear.


Sent from my iPhone using Tapatalk
Reply
Old 04-03-2017 | 04:53 AM
  #47  
Gets Weekends Off
 
Joined: Nov 2016
Posts: 1,826
Likes: 0
From: 6th place
Default

Originally Posted by Macjet
And that cost is borne by the owner who has a limit as well. In 2008 when fuel prices went so high we had Ten owners using the Sovereign because the fuel surcharge was cheaper. We also had Sovereign owners who were using DAL/AA/UAL first class for their transcons because it was thousands of dollars cheaper instead of flying their share. Money isn't free, and except for the new money Marquis owners, those who have earned it and quite smart with it. If fuel goes back they will adjust their flying.


The current AA contract is not the greatest but it isn't terrible. The hourly rates are in the ballpark of everyone else. Profit sharing and min day pay need to be addressed in the next contract for sure.

If AA is a contender for you or anyone else I wouldn't wait for them to get a new contract before applying. The retirements and movement are starting now.

Hope all is well at NJ.
Reply
Old 04-03-2017 | 06:06 AM
  #48  
Banned
 
Joined: Jan 2013
Posts: 1,919
Likes: 0
Default

Originally Posted by FLYLOW22
Mmmm. No.

That's called a fuel surcharge and it's covered by the contracts.

Next?


Sent from my iPhone using Tapatalk
Oh I forgot, economic issues don't affect NetJets. Thanks!
Reply
Old 04-03-2017 | 06:08 AM
  #49  
Line Holder
 
Joined: Jan 2006
Posts: 687
Likes: 12
From: Maddog FO
Default

Originally Posted by Macjet
The current AA contract is crap with a capital S. However, with management and the union wanting to reopen it and improve it so that AA can stay competitive with some serious retirements on the horizon they may very well be worth looking at soon.
Poor reasoning. The guy has many years left in his career. AA has mass retirements, variety of aircraft & flying and their pay & retirement isn't too shabby either.
Reply
Old 04-03-2017 | 06:27 AM
  #50  
Gets Weekends Off
 
Joined: Feb 2014
Posts: 117
Likes: 0
From: E145 FO
Default

Yeah, AA has the worst contract now (bankruptcy) so therefore it will be the bottom forever? Also, DAL, UAL, have hired quite a few more replacements to date. This forward logic is the reason why I enjoy listening to pilots dispense financial advice. Pilots know shiite. I don't know how much a Njets FO earns. I imagine the earning potential (AA vs NJ) favors AA. Living in base is a no-brainer. SWA is a great place tho. Never hear much bad about the working environment there. My friend at Atlas who pairs with the new-hires with very limited experience (2000 hrs) tells me the newbies looking to exit Atlas routinely list AA as a non-option. 😂. Mmmk guys.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
SteveA
Cargo
48
04-24-2014 04:02 AM
hummingbear
Foreign
79
06-12-2010 05:56 PM
topgun
NetJets
59
09-08-2009 06:22 PM
UCLAbruins
Fractional
9
12-17-2007 07:32 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices