Furloughs at Airnet

[Flysher]

Is it really true that Airnet has never furloughed a pilot? Is there relatively true job security in working for them for a career?? I know nothings 100 percent but could one pretty much stay there without fear of being laid off based on there past??

Thanks

 

[Lear Wanna Be]

I would say "NO" as the check hauling business is slowly going away. Last I heard, Airnet's stock was down due to the anticipated reduction in business. I don't think airmed is going to be enough to hold up their volume.

 

[starchkr]

Well, i would second the "no", but will say that it is a fairly "stable" company that "should" be around for quite awhile even after some of the other bigger players have left. Oh and the answer to your first question would be no, never furloughed.

As far as the stock being down due to the anticipated reduction in business...well that is also a big NO! The stock price took a nosedive a few months back when they took a depreciation hit on thier a/c due to the sale process that failed to go through, and it has just not caught back up to original rates.

 

[MrPink1911]

I am currently in training at AirNet and recently the CEO came and hung out with us for a bit and some of the stuff we all talked about was the buy-out that didn't happen, the end of the check hauling business, and the changes that are on the horizon for the company..... Truthfully, the conversation made me nervous, but in reality the things that are happening are part of a process that is going to take some time to go through..... Personally, I am wanting to hang around a while and get some Lear time and live a few places, but the good news is that turnover is still relatively high as people get their 1000 hours of multi PIC and move on to other stuff..... So hopefully, whatever happens here at AirNet is still a couple years down the road and there is still time for a FNG like me to develope whatever it is I am here developing..... So, in conclusion, am I nervous? Yes.... But things could be so much worse, I am just happy to be here..... Oh, and they are still interviewing and a new hire class is starting next week, so read into that what you will.....

 

[osu_av8r]

Geez, my heart nearly stopped when I saw the title of this thread. Don't do that to me. By the sound of it, I thought you had some real insider information or something relevant. Well, better head to work early so I can get the snow off my van.

 

[Flysher]

hey mr pink any idea how big the next class is? are they still runnin 2 per class or is the class size increasing?

Im gonna report to Craig again tomorrow and hopefully he has some good news for me.

 

[starchkr]

WOW!!!!! Biggerstaff actually came and talked to your class...that's pretty damn good...the only time i saw him during my entire 5 1/2 years there was my last few weeks on the line just before our good ole christmas diner...yeah, unfortunately i was in LCK for that one, but thankfully i left just after i finished eating!

As far as the whole they are interviewing and new classes starting goes...I don't read into that at all. Comair was interviewing and starting classes all the way up to their last furlough here not too long ago, and it has happened many other times at other places as well...NEVER think you are safe because of that. Another good example right now is Express Jet...they know they "will most likely" be losing 69 planes here shortly, yet they are still interviewing and hiring people...

 

[MrPink1911]

Dude, starchkr, you are harshing my mellow..... :bawling: Well, I am definitely keeping it all in the back of my mind, nothing is for certain, but hopefully everything will be cool for the next little while..... Oh, and Flysher, I think that they are doing the 2 guy class thing still..... Good luck when you talk to CW!!!

 

[100fly]

I don't think that we will ever have to worry about being furloughed at Airnet mainly due to the high turnover rate. The thing that your have to worry about is base closures. As runs change/go away the company closes runs and bases which puts the pilot in limbo until they find another base. It is still a great company to build multi PIC/jet time and you get your type and atp after being in the lear for a year which is a good thing. We will still be here years down the road, but your base may not so don't get too comfortable with a base so it isn't a big deal if it closes.

Airnet 4 life

 

[MrPink1911]

I don't think that we will ever have to worry about being furloughed at Airnet mainly due to the high turnover rate. The thing that your have to worry about is base closures.

That's what I am banking on.... and I am living out of a suitcase now anyway, so one base is as good as another.....