Wheels up

[gunfyter]

Did he say "goose"?

 

[Newkem]

http://video.cnbc.com/gallery/?video=3000227025&play=1


"well, joe, we're building an absolute total aviation solution. the most efficient solution that a customer would want. on the flights less than two hours, you want to fly at 3950. what does that mean? per hour. per hour. but 60% of the lift we'll need for our 10,000 members in 2020 is going to happen on jet planes. and cessna is the number one light mid cabin, super mid cabin manufacturer in the world. and to sit next to scott and have a commitment from his company to support wheels up, unbelievable. it's like a partnership sort of. you're doing the finaning, for wheels up, scott? how does it work? how many you starting with? well, we can based on how our membership is stacking up, 15 to 20 airplanes a year. we're going to do a combination of pre-owned, they're going to refurb for us, backup for us, new planes where appropriate. and we can take 15 to 20 airplanes a year. you've got firm orders for 20 of them already? no, we have a little bit less than that. but we're already set with the orders. we've started the conversion activity. we're really excited. kenny is an individual that really understands the market with what he's done marquee jet. we feel we have a competitive product. it's reliable, i think our customers are happy to be in the product. and opened up a whole new space of customers that can access the product. want to know, what's the difference in terms of the type of customer going with wheels up compared to net jets? well, it's interesting, i think the net jet business is a great business. i mean, we were -- we built it over the last ten years and it handles a niche market in the airplane space. what wheels up does is opens up 3 to 5 times the 150,000 people we targeted. i believe that 1/3 to half marquee folks will end up supplementing their aviation portfolio with the wheels up card. what were they doing before? in terms of the people? where were they flying? you said supplement, they'd be -- they're going to supplement. yeah, they supplement with charter. the aviation consumer has become a lot smarter. and i think that people are using net jet for the tough stuff, stuff into the mountains over the holiday season."

_____

Again, CEO of Cessna looked like there were places he would rather be than talking head on CNBC.

 

[Safetycheck]

http://video.cnbc.com/gallery/?video=3000227025&play=1


"
Again, CEO of Cessna looked like there were places he would rather be than talking head on CNBC.

Ooh look look. Oh how precious! How amazing!

A baby bubble being born right before our eyes! Aww how cute!!!

I bet it will pop bigger and better than its parents. How special!



Stay very far far away.

 

[Nevergreen]

My friend was offered the job at Wheels Up and they just told him it will include a TRAINING BOND/CONTRACT. A few days ago they told him it might be a possibility, but today the truth came out.

Supposedly, from here on out new hires will have a training bond/contract.

 

[shanes123]

Walmarts Hiring..Better hours and benefits and No training Bond contract

 

[johnsonrod]

My friend was offered the job at Wheels Up and they just told him it will include a TRAINING BOND/CONTRACT. A few days ago they told him it might be a possibility, but today the truth came out.

Supposedly, from here on out new hires will have a training bond/contract.

If WU requires FOs to have 1500/ATP at minimum, how are they going to attract pilots away from the expanding regionals and 91/135 operators with the schedule and salaries they are offering? I can see why they would want a training bond/contract - to keep pilots from leaving if they don't like the current schedule.

I'm a regional pilot and most pilots who go to the regionals do so with the understanding they will maximize their hours and experience for lowish pay and then hopefully move on (stepping stone). For that reason, the morally-degrading starting pay has been accepted as a price of doing business for many of us. I'm not promoting low wages, I am saying it has been a fact of life - at least until the pilot shortages start soon and wages inch upwards.

The challenge would be to attract enough quality pilots and then retain them. Avantair didn't have a big issue because the economy was in flux and many furloughed pilots were desperate. With the economy improving and regional/major airlines increasing their hiring, it will be interesting to see if WU and others can attract enough quality pilots at the current pay/schedule.

A potential positive for pilots considering WU would be an opportunity to progress from the King Air to the proposed jets (XLS and Sovereign) over time and make more money. Not sure if that is an option or what the plan would be....

 

[NoJoy]

My friend was offered the job at Wheels Up and they just told him it will include a TRAINING BOND/CONTRACT. A few days ago they told him it might be a possibility, but today the truth came out.

Supposedly, from here on out new hires will have a training bond/contract.

It was only a matter of time before a signing contract would be required. Too bad really, but the training at FS for a KA300 type is around $28,000. They have had a few leave Gama after only a few months there. The 6/3 sched is the main culprit.

 

[ProFracPilot]

My friend was offered the job at Wheels Up and they just told him it will include a TRAINING BOND/CONTRACT. A few days ago they told him it might be a possibility, but today the truth came out.

Supposedly, from here on out new hires will have a training bond/contract.

Does anyone know the term of the indentured servitude, er, I mean "training contract"?

 

[wingnutt]

Might be a training contract for king air noobs, but the ads are asking for typed and experienced...

 

[lookin4better]

My friend was offered the job at Wheels Up and they just told him it will include a TRAINING BOND/CONTRACT. A few days ago they told him it might be a possibility, but today the truth came out.

Supposedly, from here on out new hires will have a training bond/contract.

Probably the scum-bag types that will contract and charge for recurrent too?.. I wouldn't go there if I was unemployed.

 

[johnsonrod]

I did not realize WU was looking to potentially order this many Citations (of course it requires them to ACTUALLY hit their growth targets):

From AIN:

In a CNBC interview with Wheels Up founder and CEO Kenny Dichter on Friday, Cessna CEO Scott Ernest indicated that the initial commitment calls for the manufacturer to provide no more than 20 Citations, but it is unclear whether these will come from the manufacturer?s CitationAir charter fleet. Dichter expects to take between 120 and 150 Citations over the next seven years if the membership base for the program reaches 10,000 by 2020. As of mid-December, Wheels Up had approximately 150 members and Dichter expected this number to reach at least 250 by month-end.

 

[JustPlaneTruth]

Wheels Up, Tires Flat. 120-150 over 7 years? Get real.

 

[flagshipper]

Heard the new hires walked in to class the other day expecting 75k and were told it is now 65k. Several walked out

 

[NoJoy]

^^^What? Didn't they have some paperwork on them stating $70,000 for CAs and $55,000 for FO's. If pilots have the type in the 350 and experience, pay is supposed to start out at $80,000 for CA's. WTF. Not sure if this is Wheels Up doing or Gama. The sched is already bad enough-now their screwing with the pay scale. Avantair part II-yay

 

[Newkem]

Wtf

Heard the new hires walked in to class the other day expecting 75k and were told it is now 65k. Several walked out

Pilots who would accept a job without an offer letter stating terms of employment should not be in the NAS. Unfortunately companies are out there demonstrating their union-provoking management style making mistakes like this. Does not bode well for the future of WU, or at least for GAMA as an operator of WU aircraft.

Applause for those who walked out. I'll be taking your job now. :blush:

J/K. Unfortunately there are many unemployed gear yankers who are eager and ready to do so.

 

[johnsonrod]

Article is not well written (some inaccuracies) but interesting data on the number of Citations expected before the end of 2014.... I assume they would be hiring exiting CitationAir pilots (or Netjets furloughees) with types and experience to fly these. Quite a few airplanes by end of 2014 if you include the 27 King Airs, 15-20 Citations and the 5-10 Globals operated by Jet Aviation/VistaJet...



US members-only private aircraft operator Wheels Up is broadening its aircraft offering with the acquisition of pre-owned Citation XLS and Sovereign business jets from Cessna.

The move is designed to rival leading US fractional ownership programmes NetJets, Flight Options and Flexjet, and fill a gap in Wheels Up's fleet. The company's fleet currently consists of Beechcraft King Air 350i twin-engined turboprops, Embaer Phenom 300s and CJ3s light business jets owned and operated by air taxi company JetSuite and top-end Bombardier Global 5000 and 6000s. These super-large and long-range twinjets are owned by Swiss VIP operator VistaJet. Wheels Up acts as VistaJet's US sales agent.

The first XLS and Sovereigns are now being refurbished by Cessna [in Wichita] with the Wheels Up interior and livery, and should be delivered before the end of the first quarter of 2014, says Wheels Up founder and chief executive Kenny Dichter. We plan to have between 15 and 20 aircraft in the fleet before the end of next year and up to 150 Citations from across the range by 2020," he adds. "The aircraft will be no more than ten years old.

The New York-based company was launched in August 2013 on the back of a record order for 105 350is. Nine of the twins have been handed over to date, and another 18 aircraft are scheduled for delivery in 2014.

If you look at the fractional ownership landscape right now, the major players are in bed with Bombardier and Embraer, says Dichter. NetJets which has an order for [midsize] Sovereign and Latitude business jets ? is phasing out its fleet of older light-cabin Citations. Flexjet does not offer Citations and Flight Options operates mainly Phenom 300s, Legacy 600s and Nextant 400XTs, he adds.

Citations are workhorses. By offering a range of these aircraft we can differentiate ourselves from the fractionals. I'm confident they will be popular with our members, Dichter says.

Since its launch, Wheels Up's membership has grown to 150, and Ditcher is confident it can add another 100 members before the end of the year. This is one of the busiest times for the business aviation market, he says.
Wheels Up is targeted at high net-worth individuals who typically fly 10 to 100h a year

http://www.flightglobal.com/news/articles/wheels-up-adds-citations-to-members-only-programme-394268/

 

[C680]

Pilots who would accept a job without an offer letter stating terms of employment should not be in the NAS. Unfortunately companies are out there demonstrating their union-provoking management style making mistakes like this. Does not bode well for the future of WU, or at least for GAMA as an operator of WU aircraft.

Applause for those who walked out. I'll be taking your job now. :blush:

J/K. Unfortunately there are many unemployed gear yankers who are eager and ready to do so.

Those who have not learned from history, who cannot remember the past, are doomed to repeat it.

 

[Sparse]

The first XLS and Sovereigns are now being refurbished by Cessna [in Wichita] with the Wheels Up interior and livery, and should be delivered before the end of the first quarter of 2014, says Wheels Up founder and chief executive Kenny Dichter. We plan to have between 15 and 20 aircraft in the fleet before the end of next year and up to 150 Citations from across the range by 2020," he adds. "The aircraft will be no more than ten years old.

In 2005, at a new hire lunch, Steve O'niel was asked where he thought citation shares would be in 5 years. His answer, "I see us at 150 aircraft in 5 years. That's where we would like to be. No larger. "

 

[OHGOON]

In 2005, at a new hire lunch, Steve O'niel was asked where he thought citation shares would be in 5 years. His answer, "I see us at 150 aircraft in 5 years. That's where we would like to be. No larger. "

He also predicted that Flex would be gone. So what's your point?

Steve O'Neill is and was a crook who would tell anything to anyone as long as he thought there was an angle for him to exploit in order to enrich himself.

 

[pilotyip]

In 2005, at a new hire lunch, Steve O'niel was asked where he thought citation shares would be in 5 years. His answer, "I see us at 150 aircraft in 5 years. That's where we would like to be. No larger. "

It is 1978, I am a New Hire at TransAmericna Airlines, DO comes into ground school tells us they have 24 747's on order. He says everyone in the the room will be a 747 Captain in five years. We would be making $100k/yr which in 1978 was in line with the big boys. Five years later they are out of business. It is the nature of this career you are going to run across unfulfilled promises. The same as you run across crap jobs that turn into FedEx. Luck and timing have so much more to do with a career than the elements of skill and desire.

 

[Sparse]

He also predicted that Flex would be gone. So what's your point?

Steve O'Neill is and was a crook who would tell anything to anyone as long as he thought there was an angle for him to exploit in order to enrich himself.

My point is, believe it when you see it. Executives blow smoke.

 

[XTW]

He also predicted that Flex would be gone. So what's your point?

Steve O'Neill is and was a crook who would tell anything to anyone as long as he thought there was an angle for him to exploit in order to enrich himself.

"Quite frankly, I don't see how Options is still in business......."


X

 

[shanes123]

"Quite frankly, I don't see how Options is still in business......."


Nobody does

 

[Sparse]

"Quite frankly, I don't see how Options is still in business......."


X

Yep another ingenious quote from Steve o'niel.

Everytime I saw him he was predicting their demise.

 

[OHGOON]

Yep another ingenious quote from Steve o'niel.

Everytime I saw him he was predicting their demise.

He went on to sell coffins for a while...where he belongs!

 

[Jetz]

"Quite frankly, I don't see how Options is still in business......."


X

Especially with all the fat flopgut floptions pilots. Take a look around on the ramp or in the FBO galley area - I'd say 65% of them are obese, sleep apnea patients.

:beer::laugh:

 

[Sparse]

Especially with all the fat flopgut floptions pilots. Take a look around on the ramp or in the FBO galley area - I'd say 65% of them are obese, sleep apnea patients.

:beer::laugh:

Was that really necessary?

 

[chainring]

Quote:
Especially with all the fat flopgut floptions pilots. Take a look around on the ramp or in the FBO galley area - I'd say 65% of them are obese, sleep apnea patients.


We're you born a dikhead or did you just learn that after birth.

 

[shanes123]

LOL Why do people get so bent out of shape when someone states the truth..And its more like 95% I thought Jetz was being kind!!

 

[FRACTRASH]

Childish!!!!!!