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MED said:Champion's not regional, try 135 charter.
Their interviewing for FE position and I asked them how long the upgrade is, and they told me that they have no idea. $32/hr flying sideways, I said "no thanks".
Oh yeah, and that 727 experience has REALLY helped both you AND me get better jobs... The only reason I got the job I have now is because I had EFIS/FMS Lear experience, not anything to do with my 727 time.Heavy Set said:Not the best job security at this point I would say. But the 727 is a great aircraft to fly and getting some experience (as long as you could get off the panel relatively soon) might be worthwhile.
Heavy Set said:Given that they are owned by NWA, who knows how that will impact Champion with the bankruptcy....
MED said:Champion's not regional, try 135 charter.
Their interviewing for FE position and I asked them how long the upgrade is, and they told me that they have no idea. $32/hr flying sideways, I said "no thanks".
NuGuy said:Not true. NWA sold their interest in CA a few years ago. That said, there are some NWA management types that sit on the CA BOD.
Thedude said:Which brings the question of how do you fire an owner.
That was very well-said; haven't seen that kind of business understanding on the board in a while. Well-done.NuGuy said:I assume this was a question...
Not hard at all if the "owner" is not the majority stockholder. It just takes the majority stockholder OR a coalition of stockholders that is a majority to say "you're fired".
You're still a stockholder, but not an employee. Big difference.
Lots of family run businesses that sell stock, even closely held, get scammed in this way. Once your a minority stockholder, you can really get d!cked.
A common way of doing the "owner" in is to gain a majority in the stock (50%+1 will do) with a few other people. Then make a backroom deal with a bigger corporation to sell out at a significant discount in the stock price, but make it back up with an outragous "consulting agreement" that basically pays the participants $500,000/yr to play golf. The orginial owner, who may even have %50-1 gets the shaft.
If you have a family business, even closely held, it is critical to have buy/sell agreements, and to retain voting rights on any stock sold.
FYI
Nu
Lear70 said:Oh yeah, and that 727 experience has REALLY helped both you AND me get better jobs... The only reason I got the job I have now is because I had EFIS/FMS Lear experience, not anything to do with my 727 time.
It's a dying aircraft. If you want to move up in the world, find a job you can get to the left seat of a turbine aircraft quickly - I don't think Champion's it.
mamba20 said:Looking for some info on the company and the interview process. Thanks!