It takes a great deal of time and preparation just to ensure your log book and resume are up to speed. The act of filling out an application can take anywhere from several hours to several days. You will need to contact old friends and prepare letters of recommendation. Its a lengthy process. When and if you do get a call you will need to prep for the interview. You wont need to make a decision until a job offer is made.
I suggest at the very least you update your stuff and apply to the job you dream of. You will be that much further ahead if things go sideways at Netjets. Dont settle in your career. Strive for that top tier job. What do you have to lose? There will always be someone or some company hiring pilots to fly corporate jets for $60,000 to $80,000 a year.
I hear that American First Officers starting base pay alone will be $78,000 a year. Make it through your probation year and twelve months later, you will be making Netjets Captains pay. You also have a much quicker upgrade. Talk to your buddies at the majors. You will pull down alot more than the base salary listed on airlinepilotcentral.
Good luck to everyone. The hiring is going to be crazy for the next decade.