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Would anybody leave..... a fairly stable job for a start-up airline? just want some feed back and ideas. I'm new at a new job (LESS THAN A YEAR) bottom of the seniority (2400 out of 2600).
depends on the airline, depends on the pay. I have to say though, anyone going to Skybus will set a new low in whoring themselves out. Oh, and Skybus pilots will not be welcome on my jumpseat.
The skybus deal has options paid with salary, that's not such a bad deal. If you had that deal going with LUV before it issued, the stock today would be worth $19 million.
If they're stupid enough to take $65,000 as an Airbus CA, then they're a safety risk anywhere on my airplane. Especially in the flight deck jumpseat.Why would you deny them a jumpseat?
If that's the case, I agree 100%.Sounds like Netjets thinking about quitting to go to Skybus.
If I were you I would stick it out at NJA a couple of years, you might like having 2 three week vacations a year and enough hotel and airline mile points for a family vacation once a year, and job security that can't be touched.
Pay that will be well into the 6 figures and a 3 week vacation every 3 month after 5 years.
job security that can't be touched.
.
Now that's funny my friend. :laugh:
Yep. And if you took the same deal going with Vanguard, Midway, TransMeridian, Braniff, Eastern, Atlantic Coast, or any of a dozen other now-defunct airlines, the stock would be worth $0.
priceless.... I just had some options expire at Southwest. 510 shares = $0. They were underwater since I got here.
priceless.... I just had some options expire at Southwest. 510 shares = $0. They were underwater since I got here.
Well believe it or not, there are captains at jb with thousands of options in the 1-3 dollar or so range, so yes it can be done. Whether they cashed out at the high or rode the splits, I dunno. Options as a form of compensation BLOW! I have been at jb for 16 months; I have been underwater and I have had over 40K in options. A very big swing for a Seven Year Startup.
"Keep the pay low and give them options" says the little fairy, well I'm not buying it. He sneaks into your compensation package, that's all it takes. The next thing you know, there's a retirement plan missing off the dresser and your daughter's knocked up, I seen it a hundred times.
Well believe it or not, there are captains at jb with thousands of options in the 1-3 dollar or so range, so yes it can be done. Whether they cashed out at the high or rode the splits, I dunno. Options as a form of compensation BLOW! I have been at jb for 16 months; I have been underwater and I have had over 40K in options. A very big swing for a Seven Year Startup.
"Keep the pay low and give them options" says the little fairy, well I'm not buying it. He sneaks into your compensation package, that's all it takes. The next thing you know, there's a retirement plan missing off the dresser and your daughter's knocked up, I seen it a hundred times.
Would anybody leave..... a fairly stable job for a start-up airline? just want some feed back and ideas. I'm new at a new job (LESS THAN A YEAR) bottom of the seniority (2400 out of 2600).
Ok....I'm an aspiring pilot. I currently have a commerical/cfi rating and a multi-engine license. I make slightly over 30K/year at my crappy dispatching job. With that said..... PAY ME TO FLY AN AIRBUS FOR 65K/year!
I'll gladly take it! Who can't live comfortably on 65K/year? Especially in Columbus, OH? New York might be a different story, but Columbus?
As far as the stock options Skybus is offering....I wouldn't even think about that as part of my salary....that's just a nice bonus IF the stock was to take off. I guess I don't understand what the current standards for pay for an Airbus pilot are these days.....but getting paid 65K/year sounds pretty sweet for a guy like me, and getting to fly an Airbus an even sweeter deal at that. Just my two cents................wait for it, wait for it.......waiting for the first rude remark to come my way since it seems to happen everytime I voice an opinion..........wait for it, wait for it...........
I guess I don't understand what the current standards for pay for an Airbus pilot are these days.....
Thats why they are offering ********************ty pay, cause of people like you!
Has anyone ever thought maybe part of their biz plan in order to stay afloat is to initially have a lower starting pay so they will be able to pay back their creditors....then after they start making money they would be able to up the pay? Maybe they don't want to launch full balls-to-the-wall with this thing in order to have better long term stability?