NetJets Phone Interview and Information
#381
Gets Weekends Off
Joined APC: Feb 2007
Position: Airplanes
Posts: 1,378
That's interesting. I asked Jordan Hansell if the contracts had been changed to mitigate airframe buybacks during another downturn. He said 'no'. I then asked if those on the bottom of the seniority list were just there until the next furlough. He said 'very likely'.
#382
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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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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#383
Gets Weekends Off
Joined APC: Feb 2006
Position: C47 PIC/747-400 SIC
Posts: 2,100
Hansell hasn’t been on the scene since 2015, he was canned largely because of a very effective union led facing campaign, but I definitely can hear his voice in the tenor of those remarks. Now go back to ****ing off the world one A320 load at a time LOL : )
#384
Gets Weekends Off
Joined APC: Feb 2007
Position: Airplanes
Posts: 1,378
True, but FlyLow stated that the contracts had changed since 2008. Jordan Hansell refuted that by saying in 2014 that they had not. So that means FlyLow's statement on that is crap. I imagine the rest of his statements are delusional as well.
#385
Banned
Joined APC: Jun 2006
Posts: 466
NetJets Phone Interview and Information
Jordan who?
Lol. The fact you’d quote something he said speaks volumes actually.
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#386
Banned
Joined APC: Jun 2006
Posts: 466
NetJets Phone Interview and Information
UAL hasn't throttled back anything. Recent years haven't seen the crazy numbers like DAL and SWA but yearly hiring numbers have been steady. Summer typically brings a slow down but that changes now, as large classes started last month and will continue through the fall and likely indefinitely...2019 is poised to be a massive hiring year.
UAL has indeed throttles back. Most of 2018 was a no go due to the 747 retirement and the associated downbids.
On top of that, the huge order of 737s were deferred till the MAX could be taken... behind everyone else.
Let’s see what they can do in 2019.
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#387
Banned
Joined APC: Jan 2013
Posts: 1,919
UAL has indeed throttles back. Most of 2018 was a no go due to the 747 retirement and the associated downbids.
On top of that, the huge order of 737s were deferred till the MAX could be taken... behind everyone else.
Let’s see what they can do in 2019.
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On top of that, the huge order of 737s were deferred till the MAX could be taken... behind everyone else.
Let’s see what they can do in 2019.
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The hipocrisy levels you reach sometimes are absolutely astonishing.
#388
UAL has indeed throttles back. Most of 2018 was a no go due to the 747 retirement and the associated downbids.
On top of that, the huge order of 737s were deferred till the MAX could be taken... behind everyone else.
Let’s see what they can do in 2019.
Sent from my iPhone using Tapatalk
On top of that, the huge order of 737s were deferred till the MAX could be taken... behind everyone else.
Let’s see what they can do in 2019.
Sent from my iPhone using Tapatalk
Without looking up exact numbers, ballpark there have been 200+ new hires so far in 2018. Right now there is 1 class/month scheduled through October (next is 7/10) and it's expected to increase to 2 classes/month or at least continue with 1 due to the many projected vacancies. Class sizes have been in the 40-50 range so we should easily hit 500, which has been pretty standard over the past few years. If 500 bodies is "throttling back" then I can't wait for idle speed.
787-10 and 777-300ER deliveries are happening this fall and the MAX has started. 20+ used 319/320 also coming next year. Maybe 1200 will happen in 2019. We all can dream.
#389
Banned
Joined APC: Jun 2006
Posts: 466
So you get mad when I talk about NetJets after hours after having not worked there in 1.5 years, but you’ll mansplain TO SOMEBODY THAT WORKS AT UNITED, what is going on with United when you haven’t EVER worked there, and haven’t worked for any airline in 15 years....
The hipocrisy levels you reach sometimes are absolutely astonishing.
The hipocrisy levels you reach sometimes are absolutely astonishing.
Shhh.
The adults are talking.
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#390
Banned
Joined APC: Jun 2006
Posts: 466
Well, most people blame the ongoing training center construction for any delays but to say most of this year has been a no-go in regards to hiring is a bit short-sighted. It's not like they expected to hire 1200 this year.
Without looking up exact numbers, ballpark there have been 200+ new hires so far in 2018. Right now there is 1 class/month scheduled through October (next is 7/10) and it's expected to increase to 2 classes/month or at least continue with 1 due to the many projected vacancies. Class sizes have been in the 40-50 range so we should easily hit 500, which has been pretty standard over the past few years. If 500 bodies is "throttling back" then I can't wait for idle speed.
787-10 and 777-300ER deliveries are happening this fall and the MAX has started. 20+ used 319/320 also coming next year. Maybe 1200 will happen in 2019. We all can dream.
Without looking up exact numbers, ballpark there have been 200+ new hires so far in 2018. Right now there is 1 class/month scheduled through October (next is 7/10) and it's expected to increase to 2 classes/month or at least continue with 1 due to the many projected vacancies. Class sizes have been in the 40-50 range so we should easily hit 500, which has been pretty standard over the past few years. If 500 bodies is "throttling back" then I can't wait for idle speed.
787-10 and 777-300ER deliveries are happening this fall and the MAX has started. 20+ used 319/320 also coming next year. Maybe 1200 will happen in 2019. We all can dream.
No doubt better days are ahead brother.
Finally progress on the 737s...
I think the messages coming out internally about the reduction in pilot hiring at United sent the conflicting messages.
Good things.
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