Integration Day

[jenex]

Thanks for the tip!
I actually don't think the Union will be a bad thing as far as pay goes, if I upgrade before the integration date. But I am actually more concerned about furloughs and how they will be managed. Lots of money is being lost on wall street and thereby fractional owners!

 

[gutshotdraw]

Jenex,

Did you know that a major drug company just shut down its flight department and joined Netjets? Throughout the yin and yang of economic cycles, the company does just fine. We lose one company here, another company buys in to stop the shareholder screaming about the low stock price and the royal barge. And the super rich? They're super rich for a reason and will continue to be so. And they're not going back to the airlines.

I wouldn't worry about any furlough. Slower growth, maybe. Furlough? If that happens it means we have "dogs and cats living together, mass hysteria!"

 

[tk855]

Jenex,

Did you know that a major drug company just shut down its flight department and joined Netjets?

Are you talking about Bristol Meyers Squibb? I guess in your 9.5 years with NJA you have seen the cycle's peak and trough a couple times huh!!

 

[NJAPLT]

I currently make $26,000 a year more in base pay than a pilot of equivalent seniority at NJA on a more than 40,000# airplane.

Fortunately, the terms of the LOA prevent reductions in base pay once the terms of the CBA govern the NJI pilot group.

I'm interested to see how quickly B. O. implements the terms of the contract and what areas receive contractual relief for the NJI operation.

Flying on the NJA "side" I hear lots of people complaining that we gave up too much in the IBB, the pay is too low for the captains, we gave too many concessions, etc.

I don't think the mood among the general NJA pilot population is to give any more "contractional relief" to the company without some clear gains to our pilots (NJI and NJA).

I'm sure an extra $26,000 a year "bonus" to each pilot (in addditon to our current pay scales until we are all on the same pay rate) would work however.

As always, we will see how this develops. Oh, and Welcome Aboard!

 

[cush]

Dog,

If I read the CBA pay scale correctly, on a 7-7 schedule (which, as you know, is all we presently offer), I currently make $26,000 a year more in base pay than a pilot of equivalent seniority at NJA on a more than 40,000# airplane.

I think you said you were in your 10th year.
The pay scale for the >40K doesn't go over and above < 40K aircraft until year 16. (if you read the fine print.)

We don't have anyone less than 11th year seniority in a >40 aircraft. I'm in yr. 13 and won't take a pay cut for staying in my <40k for few years. I'm quite happy where I am though. (DA2000 classic) Come on over! You'd love it. I'm not kidding!

 

[gutshotdraw]

I don't think the mood among the general NJA pilot population is to give any more "contractional relief" to the company without some clear gains to our pilots (NJI and NJA).

Oh, and Welcome Aboard!

NJI management will ask for relief from several provisions of the contract, some which they'll get, most of which they won't. Just a "for instance" of what they will get: We'll only have the 7-7 and 18 day flex schedules. The 15 day schedule makes ZERO sense for either the company or the pilots. The other stuff? Who knows.

Nine and a half years isn't too long for the welcome so, right back at ya:beer:

 

[NJAPLT]

NJI management will ask for relief from several provisions of the contract, some which they'll get, most of which they won't. Just a "for instance" of what they will get: We'll only have the 7-7 and 18 day flex schedules. The 15 day schedule makes ZERO sense for either the company or the pilots. The other stuff? Who knows.

Nine and a half years isn't too long for the welcome so, right back at ya:beer:

Have you had a chance to actually read the LOA in detail? Section B 4 already says that there will be no 15 day schedule for the G4 or G5 (post integration), so NetJets has that detail already covered.

The only issue that I can think of from the top of my head is the crew base issue, the way I understand it is that you don't have the 100 crew bases, but just can fly from and to any place you guys care to for the start of and end of any tour. The Integration LOA doesn't mention anything about it that I can find. I would assume that if NetJets wants you guys to continue to have that benefit that they would have to be negotiate something (like give that same benefit to all the NetJets pilots.)

Hopefully all the NetJets pilots will be put on the same (higher) pay and benefit levels for the same job when any negotiations occur.

Oh, and thanks for the :beer:.

 

[Grizz]

From LOA 01-013 Paragraph B.4.g.

g. The parties agree that no crewmember will be displaced from his existing base airport solely as a result of resolution of the single carrier issue described in Paragraph B.1.

 

[Ultra Grump]

From LOA 01-013 Paragraph B.4.g.

g. The parties agree that no crewmember will be displaced from his existing base airport solely as a result of resolution of the single carrier issue described in Paragraph B.1.

That's quite a bit different from being able to start and end a tour at any airport of your choice. Sounds like it'd be real easy to say a pilot would grandfathered into his current base, but to change would have to choose from the 100 crew bases. In fact, I would hope that this would be the case.

 

[gutshotdraw]

I think that will be the case Grump. But it should be 110 bases since the IBB calls for 10 additional crew bases as one of the conditions for the automatic extension in a couple years

 

[jenex]

yes i agree it will be 110 bases in the future, and no one will have to move from there current location. It will only effect future moves.

The other thing RTS gets is a 3 year contract extension to 2016.

 

[YankeeEcho]

They've put us all on the first floor in TEB.

They really ARE putting us on the 1st floor!!

 

[RTRHD]

Anyone heard any of the details yet?