NetJets Phone Interview and Information
#371
Banned
Joined APC: Jun 2006
Posts: 466
Hey D.
All of the airlines are feeling the effects of age 65 retirements for the next 9.5 years (2028) according to retirement data released by major pilot unions not long ago.
As the economy and flying demand fluctuates with he economy (like it always does) that factor will determine pilot hiring.
United and SWA have already throttles back on hiring for various reasons. Delta may be following suit soon.
Basically, the pilots who are aging out will continue to do so. Companies will be deciding on staffing based on the economy and flying demand.
NetJets is hardly immune from the economy... that being said, barring a 2001 or 2008 event sales is VERY brisk, demand for the product strong. The effects from the economy are immediate with airlines. Ownership of a fractional share is a bit more complex but “follows the DOW”. Additionally, Owner contracts are a bit different now since 2008, adding protections against what happened then.
Nothing is a sure bet D but I personally think we’re headed to DOW 30k first before a downturn.
The ceiling of the last administration seems to be the floor of this one.
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#372
Gets Weekends Off
Joined APC: Jul 2016
Posts: 110
Hey D.
All of the airlines are feeling the effects of age 65 retirements for the next 9.5 years (2028) according to retirement data released by major pilot unions not long ago.
As the economy and flying demand fluctuates with he economy (like it always does) that factor will determine pilot hiring.
United and SWA have already throttles back on hiring for various reasons. Delta may be following suit soon.
Basically, the pilots who are aging out will continue to do so. Companies will be deciding on staffing based on the economy and flying demand.
NetJets is hardly immune from the economy... that being said, barring a 2001 or 2008 event sales is VERY brisk, demand for the product strong. The effects from the economy are immediate with airlines. Ownership of a fractional share is a bit more complex but “follows the DOW”. Additionally, Owner contracts are a bit different now since 2008, adding protections against what happened then.
Nothing is a sure bet D but I personally think we’re headed to DOW 30k first before a downturn.
The ceiling of the last administration seems to be the floor of this one.
Sent from my iPhone using Tapatalk
All of the airlines are feeling the effects of age 65 retirements for the next 9.5 years (2028) according to retirement data released by major pilot unions not long ago.
As the economy and flying demand fluctuates with he economy (like it always does) that factor will determine pilot hiring.
United and SWA have already throttles back on hiring for various reasons. Delta may be following suit soon.
Basically, the pilots who are aging out will continue to do so. Companies will be deciding on staffing based on the economy and flying demand.
NetJets is hardly immune from the economy... that being said, barring a 2001 or 2008 event sales is VERY brisk, demand for the product strong. The effects from the economy are immediate with airlines. Ownership of a fractional share is a bit more complex but “follows the DOW”. Additionally, Owner contracts are a bit different now since 2008, adding protections against what happened then.
Nothing is a sure bet D but I personally think we’re headed to DOW 30k first before a downturn.
The ceiling of the last administration seems to be the floor of this one.
Sent from my iPhone using Tapatalk
#373
Banned
Joined APC: Jan 2013
Posts: 1,919
NetJets is hiring now, they didn’t hire for an entire year when everyone else was hiring, so go figure. Just like everyone else, they hire until they stop. NetJets is behind the curve now so they will continue to hire. They are behind their own hiring projections for the year.
Last edited by Jetlife; 07-01-2018 at 12:02 PM.
#374
Gets Weekends Off
Joined APC: Apr 2017
Posts: 120
52 day schedule?
What the deal with the 52 day schedule? It says average of 13 working days per month. Is this available right out of training for new hires? With this schedule you get around 17-18 days at home per month, but less pay?
#375
Gets Weekends Off
Joined APC: Dec 2017
Position: Retired NJA & AA
Posts: 1,919
It goes very senior so not available out of training. It's capped at around 10% I think. And correct, you get less pay for that schedule.
#376
Gets Weekends Off
Joined APC: Jan 2015
Posts: 1,063
That is correct on how it works. It is only available to a small percentage by fleet and seat and a junior crewmember may not be able to hold it depending on how others in their fleet bid.
#377
#378
Gets Weekends Off
Joined APC: Dec 2017
Position: Retired NJA & AA
Posts: 1,919
I went to the June 2018 seniority list and looked up up the junior Phenom F/O holding the CC52. Their DOH was 11 May 2015. They're 2314 of 2440. So not as bad as I thought. I think it goes a lot more senior for PIC's.
#379
Banned
Joined APC: Jun 2006
Posts: 466
NetJets Phone Interview and Information
Yes he literally does. He chose to forget that NetJets furloughed and slightly downsized before getting airframe numbers back to where they were. He thinks fuel prices have no effect on NJA and that the economy only hits the airlines.
NetJets is hiring now, they didn’t hire for an entire year when everyone else was hiring, so go figure. Just like everyone else, they hire until they stop. NetJets is behind the curve now so they will continue to hire. They are behind their own hiring projections for the year.
NetJets is hiring now, they didn’t hire for an entire year when everyone else was hiring, so go figure. Just like everyone else, they hire until they stop. NetJets is behind the curve now so they will continue to hire. They are behind their own hiring projections for the year.
And you know this because you haven’t worked here for how many years?
NJA furloughed due to over hiring prior to aircraft sales being cast. That won’t happen with correct management.
NJA has embarked on a HUGE aircraft revitalization as of 2013. Half the fleet is now replaced and the OEMs are really cranking frames out at a good clip. Fleet numbers haven’t been about numbers solely since 2008s economic crash. Bias fleet not numbers have been about providing a recovery capability until which time as fleet replacement is within grasp. At that time, efforts will shift to growth frames.
Fuel costs are something passed on to fees. If anything, some flying might be curbed due fuel cost but not as much as you sensationalize.
Attrition is at 5.5%. That’s still in the healthy range. Other comments I’ve made about training efficiencies in the works should answer the call of finding sim space where needed when and if airline hiring really takes off.
So far, from the NEIC and company, attrition hiring has been controllable.
So far as “NJA not hiring for a year after the airlines began”... so what?
We’re not an airline. NJAs ebb and flows happen in its own time. We are not susceptible to the same type of industry cues that airlines feel necessarily.
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#380
Gets Weekends Off
Joined APC: Oct 2014
Posts: 146
Flylow,
He's trolling you and every NJA pilot. Don't feed the troll. Ignore him and eventually he will go away. He's confused on why hiring will continue for 9.5 years (actually much longer). The fact he hasn't worked for NJA in years is starting to show. Others see it. I asked who he is, everyone knew and said, "Oh that guy". He will eventually learn how small a community aviation is.
Use the "Add To Ignore List" = peace
He's trolling you and every NJA pilot. Don't feed the troll. Ignore him and eventually he will go away. He's confused on why hiring will continue for 9.5 years (actually much longer). The fact he hasn't worked for NJA in years is starting to show. Others see it. I asked who he is, everyone knew and said, "Oh that guy". He will eventually learn how small a community aviation is.
Use the "Add To Ignore List" = peace
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