NetJets new Contract
#54
Gets Weekends Off
Joined APC: Jul 2016
Posts: 110
#57
Banned
Joined APC: Oct 2018
Posts: 443
I’m sure it’s vastly improved but the last solid numbers I could find were from 2011, with pre-tax earnings of 2.1 million. For the purpose of comparison, Frontier had pre-tax earnings of 1.6 billion.
Comparing apples or oranges which was my point. Just merely illustrating that earnings and profits are much lower at NJA for a host of reasons.
Comparing apples or oranges which was my point. Just merely illustrating that earnings and profits are much lower at NJA for a host of reasons.
#58
Gets Weekends Off
Joined APC: Jul 2016
Posts: 110
I’m sure it’s vastly improved but the last solid numbers I could find were from 2011, with pre-tax earnings of 2.1 million. For the purpose of comparison, Frontier had pre-tax earnings of 1.6 billion.
Comparing apples or oranges which was my point. Just merely illustrating that earnings and profits are much lower at NJA for a host of reasons.
Comparing apples or oranges which was my point. Just merely illustrating that earnings and profits are much lower at NJA for a host of reasons.
#59
Banned
Joined APC: Apr 2014
Posts: 106
Go to an airline if you want that. NJA pilots should fight for everything they want, shoot for the stars and hopefully hit the moon, and they deserve it. But I think too many pilots at NJA are trying to change a tigers stripes. NJA will never compare to an airline across the board. NJA will never be an airline. Heck look at NJA profits compared to even the crappiest airlines. Quarterly profits at Frontier are probably higher than annual profits at NJA. The money will never be there to compensate the same as an airline.
Also, let’s not forget that 3 out of 4 pilots approved the current JCBA. The pilot group chose keeping no medical premiums over potentially way more financially beneficial things, including going after an airline standard 401k. Save 6-10k a year on medical premiums, but lose out on 20-40k a year in direct contribution 401k without putting a dime in.
Also, let’s not forget that 3 out of 4 pilots approved the current JCBA. The pilot group chose keeping no medical premiums over potentially way more financially beneficial things, including going after an airline standard 401k. Save 6-10k a year on medical premiums, but lose out on 20-40k a year in direct contribution 401k without putting a dime in.
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