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-   -   Netjets pay question (https://www.airlinepilotforums.com/netjets/122493-netjets-pay-question.html)

OhSnapAF 06-29-2019 03:20 AM


Originally Posted by flyitfast (Post 2844785)
The $115k was from the guy who a Netjets FO on the 7/7 from a previous post. I think he extends the 4 days per quarter too I think. He will make more than $125k in year ten at Netjets. I think you’re talking about a different frac...

No, I worked there. The base pay increase on the 7/7 is even less. The increase in pay from year 1 to year 10 on the 7/7 is $35,429 at the moment. So whatever he is making at year 1 having no life, it’s not like by year 3 or 4 he’s clearing 200k. By year 10, you’re talking 150k based on the current CBA.

flyitfast 06-29-2019 04:24 AM


Originally Posted by OhSnapAF (Post 2845019)
No, I worked there. The base pay increase on the 7/7 is even less. The increase in pay from year 1 to year 10 on the 7/7 is $35,429 at the moment. So whatever he is making at year 1 having no life, it’s not like by year 3 or 4 he’s clearing 200k. By year 10, you’re talking 150k based on the current CBA.

$150k is different than $125k, which was what your original post said.

OhSnapAF 06-29-2019 09:34 AM


Originally Posted by flyitfast (Post 2845031)
$150k is different than $125k, which was what your original post said.

Yea and it was corrected. But 125k on the 7/7 without extending is about right for year 10.

wankel7 06-29-2019 10:02 AM


Originally Posted by OhSnapAF (Post 2845160)
Yea and it was corrected. But 125k on the 7/7 without extending is about right for year 10.

At least by year 10 you can hold the 52 day on most fleets. After vacations and using 7 pto days....your monthly average is 10 days of work per month. Not too bad for the money.

AirBear 06-29-2019 12:39 PM

Also keep in mind the Union at NetJets has an optional Loss of Medical plan (thru Harvey Watt) that will pay you $96K/year tax free until age 65 (longer if you lose medical after age 60). That benefit is almost as much as you'd make on taxable SIC wages.

Other non-cash considerations to working at NetJets is the presence of a Union which currently has a very good working relationship with management. And the fact we're backed by Berkshire Hathaway, a Company with very deep pockets. Our share of the fractional market is somewhere around 70% last I heard. We've been told our biggest competitor isn't the other fractionals, but whole aircraft ownership.

Retractable 07-02-2019 08:05 AM


Originally Posted by flyitfast (Post 2844785)
The $115k was from the guy who a Netjets FO on the 7/7 from a previous post. I think he extends the 4 days per quarter too I think. He will make more than $125k in year ten at Netjets. I think you’re talking about a different frac...

By year 10, a couple (or more) bargaining events will have occurred.

Much more by then.

OhSnapAF 07-02-2019 09:52 AM


Originally Posted by wankel7 (Post 2845181)
At least by year 10 you can hold the 52 day on most fleets. After vacations and using 7 pto days....your monthly average is 10 days of work per month. Not too bad for the money.

10 year pay on the 52 day is 94k. Add 25k to that in soft money, hell add 35k by then because of CBA increases. Not sure how that holds any impressive stats as far as compensation is concerned.

rswitz 07-02-2019 09:56 AM


Originally Posted by OhSnapAF (Post 2845160)
Yea and it was corrected. But 125k on the 7/7 without extending is about right for year 10.

125k after 10 years and no upgrade? Ouch...

Blueridger 07-02-2019 10:47 AM


Originally Posted by rswitz (Post 2846594)
125k after 10 years and no upgrade? Ouch...

Ouch indeed. Keep in mind, it wasn’t too long ago that the legacies were being described that way as well. In fact, furloughs even went back 10 years in some cases.

The one glimmer of light at the end of the tunnel is that there is a demographic time bomb getting ready to go off at NJA. The median pilot age is around 55 right now, so a young 20 something pilot will see some big gains in seniority in the next 10-15 years. Perhaps large enough to drop that upgrade time a few years..... just food for thought, especially those looking at the long term.

wankel7 07-02-2019 10:50 AM


Originally Posted by OhSnapAF (Post 2846591)
10 year pay on the 52 day is 94k. Add 25k to that in soft money, hell add 35k by then because of CBA increases. Not sure how that holds any impressive stats as far as compensation is concerned.

Working 9.66 days per month for that money and most likely flying under 300 hours per year is pretty good.


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