NetJets new Contract
#481
Banned
Joined: Oct 2018
Posts: 443
Likes: 0
Nobody is safe from the industry and economy. You aren't any more safe at NJA, in fact your situation is more precarious for a number of reasons. When Uncle Warren dies and BH doesn't feel like supporting a business that doesn't move the needle in terms of profit and returns, it can be put up for liquidation overnight. Very few airlines, like maybe 2, could go away tomorrow, and not completely disrupt world travel. NJA could go away tomorrow and everyone will just buy Flex shares, hell there are more private jets in South Florida than the entire NJA fleet. That and when all those annual Wall St bonus checks don't turn into jet cards and fractional ownership, it will be a rinse and repeat of 2008. I don't care if the owner contracts where "fixed" or not. When everyone wants to sell, it will be disastrous.
Try thinking about somebody other than yourself. You might survive the next furlough but many of the guys you screw over by extending more than any other captain, won't be so lucky.
#482
Speed, Power, Accuracy
Joined: Sep 2007
Posts: 1,795
Likes: 9
From: PIC
Didn't you say that when you were put on the street by TWA, US Air and AA?
Nobody is safe from the industry and economy. You aren't any more safe at NJA, in fact your situation is more precarious for a number of reasons. When Uncle Warren dies and BH doesn't feel like supporting a business that doesn't move the needle in terms of profit and returns, it can be put up for liquidation overnight. Very few airlines, like maybe 2, could go away tomorrow, and not completely disrupt world travel. NJA could go away tomorrow and everyone will just buy Flex shares, hell there are more private jets in South Florida than the entire NJA fleet. That and when all those annual Wall St bonus checks don't turn into jet cards and fractional ownership, it will be a rinse and repeat of 2008. I don't care if the owner contracts where "fixed" or not. When everyone wants to sell, it will be disastrous.
Try thinking about somebody other than yourself. You might survive the next furlough but many of the guys you screw over by extending more than any other captain, won't be so lucky.
Nobody is safe from the industry and economy. You aren't any more safe at NJA, in fact your situation is more precarious for a number of reasons. When Uncle Warren dies and BH doesn't feel like supporting a business that doesn't move the needle in terms of profit and returns, it can be put up for liquidation overnight. Very few airlines, like maybe 2, could go away tomorrow, and not completely disrupt world travel. NJA could go away tomorrow and everyone will just buy Flex shares, hell there are more private jets in South Florida than the entire NJA fleet. That and when all those annual Wall St bonus checks don't turn into jet cards and fractional ownership, it will be a rinse and repeat of 2008. I don't care if the owner contracts where "fixed" or not. When everyone wants to sell, it will be disastrous.
Try thinking about somebody other than yourself. You might survive the next furlough but many of the guys you screw over by extending more than any other captain, won't be so lucky.
I'll give Flylow/Retract/JL this. He's consistent. Consistently wrong.
#484
Banned
Joined: Sep 2015
Posts: 493
Likes: 0
From: MD-11 FO
#487
Banned
Joined: Sep 2018
Posts: 378
Likes: 0
Oh man.
Personally, I think the only thing worse than starting over at an airline just prior to a recession slowdown with oil price increases is gaining the attention of people at your new airline that you don’t want to be while on probation.
NG/DS.
TTYL
Personally, I think the only thing worse than starting over at an airline just prior to a recession slowdown with oil price increases is gaining the attention of people at your new airline that you don’t want to be while on probation.
NG/DS.
TTYL
#488
Banned
Joined: Oct 2018
Posts: 443
Likes: 0
Worse than losing the respect of all of your co-workwes that you have to face for the next 40 years?
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