And So It Begins

[Some guy]

Oh and how does a company with no assets get valued at 2b?

 

[gret]

Oh and how does a company with no assets get valued at 2b?

...and only makes funny money?

The $2 billion is what BH would have to pay someone to take it off their hands...the buyback liability is massive.

 

[BlueNose]

But REAL growth and REAL profit won't be possible until the man in Omaha realizes you make MORE money with a happy, professionally respected, and well-compensated work force than with bitter, angry, fearful employees.

I don't know, Options seems to have built a whole business model off the latter approach. Maybe WB read a copy of Management by Trust?

 

[ghostrider64]

The point of this is, at least one organized group is willing to put their asses on the line, AGAIN. That seems to have been missing with their competitors groups. You get what you fight for, or you get table scraps. Thus far the NJ group seems to always develop a fighters mentality and they seem to out pace every other group of fractional pilots, maybe you should ask yourselves why that is.

For those that feel this is risky, I say it isn't as risky as it was during the ORIGINAL PICKET AT OMAHA many years ago. Right in WB's smug face.

SELF WORTH.....GET SOME!

 

[dime line]

The point of this is, at least one organized group is willing to put their asses on the line, AGAIN. That seems to have been missing with their competitors groups. You get what you fight for, or you get table scraps. Thus far the NJ group seems to always develop a fighters mentality and they seem to out pace every other group of fractional pilots, maybe you should ask yourselves why that is.

For those that feel this is risky, I say it isn't as risky as it was during the ORIGINAL PICKET AT OMAHA many years ago. Right in WB's smug face.

SELF WORTH.....GET SOME!

Well Said

 

[CRAWDADDY]

For those that feel this is risky, I say it isn't as risky as it was during the ORIGINAL PICKET AT OMAHA many years ago. Right in WB's smug face.

They didn't see that coming and they tried to make us go away when we showed up. People got to see his Scrooge side

 

[billybob]

I bet they see it again!

 

[LAZYB]

Will this affect recalls?

ROTFLMAO recalls, hah,hah... :smash:

I have no idea what you speak of.

 

[LAZYB]

^^^^^ Ding!^^^^^^

Let's say we have 4000 owners. If BH pulled the plug tomorrow, those 4000 owners would file a class-action, breach of contract suit the next day. Even if each of those owners was only awarded ONE million dollars (a bare minimum in what would be a slam-dunk case), that's FOUR BILLION DOLLARS.

Even Uncle Warren would hiccup over that number.

The threat of Berkshire "closing the doors" at NetJets has ALWAYS been overblown. To me, it was NEVER a possibility.

Moving forward, there IS money to be made here. Serious money. But REAL growth and REAL profit won't be possible until the man in Omaha realizes you make MORE money with a happy, professionally respected, and well-compensated work force than with bitter, angry, fearful employees.

Anyone got a Dilly Bar? Warren values them more than Netjets...

 

[pilotyip]

ROTFLMAO recalls, hah,hah... :smash:

I have no idea what you speak of.

Just speaking of a few NJ furloughees pushing rubber dog crap into dark Mexican airports in the middle of the night in aged out junk that would think that going back to NJ would be like going to heaven.

 

[jonjuan]

Just speaking of a few NJ furloughees pushing rubber dog crap into dark Mexican airports in the middle of the night in aged out junk that would think that going back to NJ would be like going to heaven.

Maybe if they finished their degrees at bumblebee state, their options would open up, yip? Ultra llllcc spirit guys are making $150K after just 3 years. No tpic required.

 

[flagshipper]

I can't believe it took 40 posts to hear about rubber dog poop and Mexico!!!

 

[pilotyip]

Maybe if they finished their degrees at bumblebee state, their options would open up, yip? Ultra llllcc spirit guys are making $150K after just 3 years. No tpic required.

ha ha ha got'ya there, all have college degrees, admitted a couple from a place called Ohio State University that doesn't even rate with bumble Bee State.
BTW if the 150K job is so good how come the presently employed NJ guys aren't jumping at it? Jezze if enough did maybe these JUS NJ furloughees could get out of the on-demand bizz world and go back to a fantastic job.

 

[T-1GUY]

Oh please, Netjets is not a fantastic job. I bet you think a regional job is the shizzle. Just because they have a degree doesn't mean squat. I saw plenty of college graduates with a basket weaving degree. Show me an engineer, computer science, or accounting major that is hard pressed to find a good job. On top of that, graduating with a 2.0 GPA doesn't really stand out either. If those guys are so hard up, I would say they only have one person to blame for that, and thats the guy in the mirror.

 

[Praetorian]

The point of this is, at least one organized group is willing to put their asses on the line, AGAIN. That seems to have been missing with their competitors groups.

I suspect you are referring to the Flight Options pilots? Let me remind you of a few things.

For over three and a half years from 2006 - 2010 the Flight Options pilots fought hard to achieve a first contract, while we were at-will employees and without the benefit of a just cause provision, or status-quo protections.

In May of 2008 we had 70 pilots terminated, out of seniority and without cause. The company claimed they lacked "productivity". These pilots were subsequently reinstated with full back pay 3 months later.

Also during this period we had two ownership changes and three rounds of furloughs effecting 40% of our pilot group.

Our pilots stood together and forced out three Vice Presidents of H.R. three opposing labor attorneys from a notoriously anti-union law firm, one Vice President of Flight Operations and one CEO.

After the dust settled and in the middle of the worst recession since the great depression, our union negotiated a 10% raise and retro pay upon CBA ratification in 2010 and what amounted to an average 38% raise for pilots spread out over the five years of the CBA - a process that was complete at yesterday's CBA anniversary date, April 1st. This was in addition to significant improvements to sick/vacation time, work rest and scheduling rules and scope and job protections.

All of this was accomplished through thousands of hours of hard work and sacrifice by hundreds of volunteers and their families.

I would never diminish the importance of what the NJ pilots have been able to accomplish in the past. And I fully support them in their efforts going forward. However, I don't think it benefits any of us for you to minimalize what the Flight Options pilots have been able to accomplish, or the hard fight we went through to get there.

Even across company lines we are all stronger when we stand together.