Jeeze guys,
You are starting to amaze me. You are startin' to get it. If the money is not what you were lookin for walk. If you think you will raise your pay rate by taking the job, you are are not thinking clearly. Lets see, you take your car to the mechanic for some work that costs $X.XX anywhere you go, are you gonna pay 2X the rate if you don't have to?
Ola
PBR
"Neeleman's salary is $200,000 with a $90K or $75K bonus, depending on the year. According to the financials, his family trust owns about 14 million shares of the company, which puts his net worth at over half a BILLION. (BTW, this is a public company and you can read about it all at our investor web site.) He invested about $20M of his own money to get the company started. Unlike other CEOs, he has a personal stake in seeing the company succeed in the long run."
I recently read an article that he only put 3 million in of his own money. Fortune Small Business - jetBlue on the cover issue.
My first time back on here in awhile and I find the same crazy antics from the same crazy people on here. Sure would be nice if this could just be a place where people could come and get factual information about any airline, XYZ. Unfortunately the only facts seem to continually come from those at JetBlue while no one else wants to take the time to see the truth.
Get this, the other day in a cab a guy told me that some pilots from another airline (which I will not name) said Jet Blue is going to go bankrupt in 2004 because we have to start paying for our planes then. It's been so long since I heard that one I almost fell out of the car laughing!!
Yes, it's true JetBlue captain pay is substandard....but you must remember we are still a very new company. I expect the pay rates to go up in the near future, especially if we continue to be as productive as we are now...and keep making double digit profit margins. I think pay equality with SWA is just a matter of time. Let's give JBLU management the benefit of the doubt here....we'll see if they walk the walk.
Interestingly, first year FO pay is not substandard at all...but is actually higher than that of most the majors. I'm sure that changes by second and third year...but most are upgrading to captain by then anyway. Great to be with a growing, prosperous airline!!
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.