NetJets to hire 100 pilots by end of 2021
05-26-2021, 11:51 AM
#131
Speed, Power, Accuracy
Joined APC: Sep 2007
Position: PIC
Posts: 1,702
Originally Posted by MinRest
Well, define growth. How are more airframes with fewer pilots needed to fly them, defined as good growth for the pilot group? Most events that have the masses fearing airline travel (9/11, H1N1, COVID, etc) makes an uptick in private air travel. Who wouldn't love flying in a private jet instead of airline first class? This will settle back as it always does. Some people will spend the money to fly private, some will revert once things normalize. Glad to see anyone and everyone growing whatever they can grow though.
Anyway, YOU are wrong about Berkshire going on the hook for billions in new airframes. After the lessons learned around the last economic meltdown, Netjets structured all their purchase deals such as the OEMs don’t get paid until delivery. NJ won’t take a jet until it is sold. Orders can be cancelled or changed easily. Bombardier was desperate to sell jets. Of course they agreed and it turned out well for all parties.
05-26-2021, 12:09 PM
#132
Gets Weekends Off
Joined APC: Mar 2021
Posts: 199
Originally Posted by MinRest
Well, define growth. How are more airframes with fewer pilots needed to fly them, defined as good growth for the pilot group? Most events that have the masses fearing airline travel (9/11, H1N1, COVID, etc) makes an uptick in private air travel. Who wouldn't love flying in a private jet instead of airline first class? This will settle back as it always does. Some people will spend the money to fly private, some will revert once things normalize. Glad to see anyone and everyone growing whatever they can grow though.
Airframes
W2s
Owners
Pilots retirement numbers are increasing finally. Hiring has begun again.
The pandemic was a period of terrific business and growth. I’d not really like to repeat it again but seeing as NetJets came out of the pandemic with ZERO tax dollars received to sustain operations and we actually added hundreds of new accounts… I’d say that’s a win.
Has your airline grown during the pandemic? Offered extra flying? Premium pay? Or was it all PPE money coming in to simply sustain operations at a fraction of the volume anyone would define “normal”?
05-26-2021, 02:57 PM
#133
Gets Weekends Off
Joined APC: Dec 2008
Position: Upright
Posts: 601
Originally Posted by MinRest
Glad it is a good time to be at NJA. As for the loans, I am absolutely right. The largest aircraft order placed by NJA came in 2012 and the money came from BH, and that money was not a gift 
Given your preoccupation with all things Netjets, may I suggest a hobby? Perhaps a significant other? Dog? Cat? Lizard? It pains me to see a fellow human suffer this much....
Sent from my iPhone using Tapatalk
05-28-2021, 01:26 PM
#134
Line Holder
Joined APC: Aug 2015
Posts: 46
Originally Posted by MinRest
I would ask where you have been the last year. Airline travel basically ground to a halt. Did you happen to look at TSA travel numbers at all in 2020? Funny you bring up socialism, whenever uncle Warren has to step in and help, is that socialism? The 18 billion dollars he had to invest in NJA so they could buy airplanes in 2012? Socialism? These loans will be paid back. Lets not pretend that NJA hasn't received loans and help that it had to pay back to BH...
Also, you are absolutely not seeing record growth. You are hiring which is great, but don't pretend it is record growth. You guys aren't adding jets to the fleet to increase fleet size at a greater rate than anticipated, and you aren't increasing the pilot group size. In fact, the last time NJA saw "record growth" they furloughed after.
If you think the blanket of BH hasn't saved NJA's butt a time or three, you are living in a bubble.
Also, you are absolutely not seeing record growth. You are hiring which is great, but don't pretend it is record growth. You guys aren't adding jets to the fleet to increase fleet size at a greater rate than anticipated, and you aren't increasing the pilot group size. In fact, the last time NJA saw "record growth" they furloughed after.
If you think the blanket of BH hasn't saved NJA's butt a time or three, you are living in a bubble.
hmmm so now you’re comparing an individual putting his own money, into his own business and that person profiting from their loan, to their own business, as socialism ? I think that’s a bit different than using civilians tax dollars
05-29-2021, 05:52 AM
#135
Line Holder
Joined APC: Aug 2015
Posts: 46
Originally Posted by frmrdashtrash
Given your preoccupation with all things Netjets, may I suggest a hobby? Perhaps a significant other? Dog? Cat? Lizard? It pains me to see a fellow human suffer this much....
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Min Rest, anytime NJ is mentioned
05-29-2021, 07:47 AM
#136
Gets Weekends Off
Joined APC: Dec 2005
Posts: 285
I love how MinRest knows everything about NJ but didn’t get there until 2015. A whole lot happened well before his arrival to get to the 2015 contract which I was not a fan of, but that contract has led us to IBB 2020. Again, a whole has happened even since 2015.
But hey, taxpayer money for him to sit at home is considered airline financial success. We all measure growth and financial stability differently. I’ll take the NJA growth and financial success over a company’s success 100% dependent on taxpayer bailouts.
Sent from my iPhone using Tapatalk
But hey, taxpayer money for him to sit at home is considered airline financial success. We all measure growth and financial stability differently. I’ll take the NJA growth and financial success over a company’s success 100% dependent on taxpayer bailouts.
Sent from my iPhone using Tapatalk
05-30-2021, 07:28 AM
#138
Gets Weekends Off
Joined APC: Dec 2007
Position: Chrysler Pacifica
Posts: 203
MinRest Is also clueless about the loans to the airlines during the bailouts. The majority of assistance came in the form of grants. That means it won’t be paid back. But hey, what’s another $25 billion in government debt to pay pilots to sit at home?
Thread
Thread Starter
Forum
Replies
Last Post
