Retractable

Great Question!

The negativity from a small number of former employees who have made it there personal mission to “save the world” for other pilots considering employment at NetJets has simply become silly. I’m happy to provide my perspective that is not negative to allow others to make informed decisions. Most of us are pretty well adjusted, hard working and loyal employees who just come to work and do our jobs.

Then there’s the contingent of former pilots who have moved on to various places who still, years later, return to attack and smear the company and the thousands who work here because they feel it’s helpful to them in some sort of cosmic or personal way.

All we do is wish them luck with their choices as this economic cycle is currently in an up mode... but what goes up... well...

AntiPeter

True, but...

I remember a lot of negativity with other aspects of the pilot group as well, not just originating with former pilots. Like everywhere, NJA has had its extreme morale swings due to circumstances outside of pilot control.

With that said, NJA pilots have their own unique culture. I’ll leave it at that. What is displayed here reminds me of what went on in the union hall, at FBOs, on the line. It’s unique to NJA from what I’ve seen, for better or worse.

I wonder to this day where the culture comes from, can’t say I have any idea.

DH2time

Ah right there Bartender, you claim you do not lie, but right there you lied. Where has any pilot “smeared the company and thousands....”. Every SINGLE one of us who disagree with your conflating and general lack of truth telling have said nothing bad about the company. We disagree with your statements on income, working conditions and so on but everyone has also made sure to include at one point in time that NJA is a good job. We all in some way owe something to NJA and that has also been stated many times before but we are making sure prospective employees get the truth about NJA and not just one persons perspective.

You are not NJA and NJA is not you. It’s your employer and that’s it.

Retractable

No, just you and a few other negative charges, name calling individuals who have seemingly little to actually debate.

DH2time

Oh come on man. I call you Bartender, cause that is ACTUALLY what you do. You throw around name calling like it’s an Olympic sport.

I have tried to engage you in debate about tax laws and the benefit NJA gets and you gloss over it and hit the Federal Excise Tax, which I never discussed to begin with. I was referring to ADS, 3 vs 5 year schedules, bonus depreciation( that for the first time allowed 50 to 100 percent depreciation for aircraft in service), MACRS, Section 280F, 1986, 2001, 2017 and other tax law changes goosing the private aircraft industry. NJA is a giant tax shelter that provides transport, RTS admitted it during interviews many times. These laws can change on a moments notice, it’s a counter to your argument that the economy is going to tank Alaska or all other 121 airlines. Nothing is guaranteed in this industry and just like you like to talk about M&A in the industry and the effects it will have, tax law changes will decimate NJA and management knows it.

Retractable

I’m sorry, have I called you a name? Other than Bruh which is kind of cool...

The tax issues are being handled by some of the finest in the biz. In fact... if memory serves. Of the last tax issue, NJA won. Flex lost on the same issue.

The government isn’t going to cut its nose off in spite of its face (senators and congressman traveling).

But why are you on a pilot board talking about taxes?

Let’s Make the 737 Great Again!

How many MORE regulatory issues affect the airlines instead of NetJets? Answer: MANY!

DH2time

Talking about taxes because NJA is uniquely exposed to tax law changes that other aviation businesses are not. You love to bash on 121s about how market forces will affect ones career BUT you gloss over the fact NJA has market forces AND tax forces that they have little control over. More of an unknown on fractional world moving forward.

Have I called you any names than Bartender? I think it’s kind of cool

Retractable

I prefer Retractable. Mr. Retractable if you’re nasty.

91K is not at any more risk than 121 from various forms of tax. The govt makes more money from a vibrant Frac company than one handicapped by them. The IRS ultimately realizes this and gets what it wants (more) by promoting profitability and growth.

DH2time

IRS does not create tax laws brah. The do nothing more than enforce such laws. Tax laws are created from legislation. When the winds of politics change and the people realize the tax cuts did not make their life better, the laws will change. Uncle Warren staved off a reduction in bonus depreciation last time, but he is getting old and once gone the next guy will find it much harder to argue why a rich guy needs to be able to write off his 20M dollar airplane while everyone else is capped at a 10K SALT deduction.

Retractable

That’s why I referenced the Senate and the House a couple of posts ago. 😂