NJ Recalls

[Some guy]

What's obvious is that you don't know the profit Netjets truly earns, because it's moved through other subsidiaries. FlightSafety, Philips 66, IBM, American Express and more, are all holdings of Berkshire Hathaway. When we "pay" for a pilot recurrent, for example, that money comes off NJA's bottom line and onto FSI's.

All of this makes it very, very easy to manipulate how "profitable" NJA is.

Dumb. Those things you mention are called operating costs. They will be paid regardless of if they are a BH subsidiary or not. Of course those costs are paid with company gross income. Do you expect FS to train 3000 pilots twice a year for free just because we are under the same umbrella?

SG

 

[jetlag7]

See y'all at the picket.....

 

[T-1GUY]

Dumb. Those things you mention are called operating costs. They will be paid regardless of if they are a BH subsidiary or not. Of course those costs are paid with company gross income. Do you expect FS to train 3000 pilots twice a year for free just because we are under the same umbrella?

SG

Even dumber. Of course they are operating costs. The problem comes in the manipulation of the numbers and the lack of verification. It is too easy for Netjets to move income off the books into other Berkshire entities and cry poor. Examples of $100 oil cans comes to mind.

 

[pilotyip]

Even dumber. Of course they are operating costs. The problem comes in the manipulation of the numbers and the lack of verification. It is too easy for Netjets to move income off the books into other Berkshire entities and cry poor. Examples of $100 oil cans comes to mind.

Here is great idea, NJ gets FSI for free, driving up costs for Part 91 corporate operators and therefore driving more business to NJ. This would cause more hiring at NJ, quicker upgrades, and with the growing pilot shortage I could get my shot at a NJ job. Of course I would take a pay cut to make the move but 7/7 schedule would be great. What do you guys think?

 

[hammer2]

Here is great idea, NJ gets FSI for free, driving up costs for Part 91 corporate operators and therefore driving more business to NJ. This would cause more hiring at NJ, quicker upgrades, and with the growing pilot shortage I could get my shot at a NJ job. Of course I would take a pay cut to make the move but 7/7 schedule would be great. What do you guys think?

Sorry Yip, no can do... There's no room for your positive attitude in the fractional industry.

 

[pilotyip]

Sorry Yip, no can do... There's no room for your positive attitude in the fractional industry.

Is it too late for a change? I can post stuff like management sucks, college degrees are the only things that count in life, unions can do no wrong, and pilots are the pinnacle of human achievement

 

[msculley6905]

Horsecrap. NJA is a very large airline with around 3000 pilots on the seniority list and a cast of thousands in the operation. We are an airline that flies thousands of passengers every year, 1-12 people at a time in small jet aircraft.

Further, now we have a management style that is similar, and a labor/management relationship on par with the state of most airlines post 9/11.

I doubt the owner/management relationship is much better.

Netjets is an airline in every sense of the word.

No, no it's not. Totally different financially and operationally. If we start hearing CASM and RASM, then I'll believe Netjets is an airline. Once we start offering connections in TEB, I'll believe we're an airline. Once we start offering only scheduled service between specific city-pairs, I'll believe Netjets is an airline. You got me on management/labor relationships, but broken clock.

 

[Some guy]

Even dumber. Of course they are operating costs. The problem comes in the manipulation of the numbers and the lack of verification. It is too easy for Netjets to move income off the books into other Berkshire entities and cry poor. Examples of $100 oil cans comes to mind.

The lawyer in charge does everything by the book. The accusations of such things is ridiculous. Do you have any proof to show that anything of the like is going on, or did you hear this from a fellow union member? In my experience, unions and their members have very vivid imaginations.

Just to humor you, suppose this were true. What would the purpose be? You are already on the upper spectrum of pay and benefits in the industry. Your furloughed buddies are thankfully returning. You have a mostly stable career and fly good equipment. Is the company asking you to pay for some of your medical? That sucks, but join the rest of the civilized corporate world. It's true I don't know anything about your negotiations, so enlighten me...what is it you are all looking for?

SG

 

[pilotyip]

The lawyer in charge does everything by the book. The accusations of such things is ridiculous. Do you have any proof to show that anything of the like is going on, or did you hear this from a fellow union member? In my experience, unions and their members have very vivid imaginations.

Just to humor you, suppose this were true. What would the purpose be? You are already on the upper spectrum of pay and benefits in the industry. Your furloughed buddies are thankfully returning. You have a mostly stable career and fly good equipment. Is the company asking you to pay for some of your medical? That sucks, but join the rest of the civilized corporate world. It's true I don't know anything about your negotiations, so enlighten me...what is it you are all looking for?

SG

Hey you cannot post this stuff here on FI. Reality has no place in the FI pilot world. I mean look at hoe their NJ pilots are already suffering, I mean I hear they have been cut from three meals a day to two meals a day and they actually have to spend part of their pre-diem on food. This is outrageous, pilots are very special and should be treated as the very special individuals that hey are.

 

[T-1GUY]

The lawyer in charge does everything by the book. The accusations of such things is ridiculous. Do you have any proof to show that anything of the like is going on, or did you hear this from a fellow union member? In my experience, unions and their members have very vivid imaginations.

Just to humor you, suppose this were true. What would the purpose be? You are already on the upper spectrum of pay and benefits in the industry. Your furloughed buddies are thankfully returning. You have a mostly stable career and fly good equipment. Is the company asking you to pay for some of your medical? That sucks, but join the rest of the civilized corporate world. It's true I don't know anything about your negotiations, so enlighten me...what is it you are all looking for?

SG

That thinking is exactly why I left the fractional world. My 121 job will pay me 40K more a year after only being on board for 12 months. This is 40k more than topped out ten year pay as an FO at Netjets. It only goes up from there. To think that this is THE UPPER SPECTRUM OF PAY and BENEFITS in the industry tells me that you have a very narrow view of THE INDUSTRY. I am a highly experienced pilot. I demand first rate compensation for my skills. I now have it. Feel free to compare yourself to cheap rate charter. It sounds like you belong there.