Looks like Flops is chopping again.

[Hobbes]

I hear 48 pilots and some office people for 103 total employees.

 

[Hobbes]

To fill out the picture.

Dear Colleague:

Today we made additional reductions in employment at all levels of the company in both operations and management. Please be assured that this action is the result of a tremendous amount of thoughtful analysis. This alignment of cost structure to our current customer demand positions Flight Options as a very strong competitive force in the private aviation industry.

The current global economic situation has affected everyone. During these unprecedented times, all of us—individuals and corporations—must make changes to adapt to the reality of the challenging economic environment in which we are living.

All employees affected by these actions have been given a severance package and assistance with outplacement. I cannot thank them enough for their extraordinary effort on behalf of Flight Options. This has nothing to do with their performance and everything to do with the current environment.

I will continue to communicate with you on a regular basis. I have attached a summary page for your reference and to assist you in communicating with any customers or industry colleagues. Please talk with your immediate supervisor if you have any questions or comments or feel free to call me directly.

Thank you all for your continued commitment to and passion for Flight Options, especially during these challenging times.

Sincerely,

Michael J. Silvestro
Chief Executive Officer
Flight Options, LLC

 

[dime line]

Pilots reductions?

NetJets = 0
Flex =30 (+/-)
Shares =25 (+/-)
Avant = 0
XOJEt = 20

FLOPS=215 pilots and X number of support. Sorry these numbers don't add up. (104+63+48)

 

[Dingo221]

Where did you get those numbers?
I have received the E mail from M.S and it does not give any specifics!!!!

 

[Hobbes]

From an inside source. You don't have to believe it, but it will come out soon enough.

 

[Dingo221]

I am not saying that you are not correct, just trying to figure if I still have a job!

 

[Hobbes]

Sorry for the tone of it...

I feel for you man, it must be really hard. If those numbers ARE right, I hope you aren't in that 48.

It can't be very reassuring working for Flight Options anymore.

 

[Dingo221]

No, I am not.
Thanks

 

[brokeflyer]

that sucks to hear that guys......

of course the idiot managers are STILL getting paid for piss poor performance......no wonder the economy sucks.

 

[52Vincent]

Sorry to hear this crappy news. Best of luck to all involved, from one who has been on the street for a while now.

 

[DO-82 driver]

Sorry guys......

 

[Diesel]

Good luck to everyone and their families.

 

[CA1900]

Sorry to hear it. 3 friends got hit in the last round; I'm crossing my fingers that others aren't in this group.

 

[jetwash]

It looks like 40% of the pilots on the seniority list are now on furlough.

 

[GSXR600]

Pilots reductions?

NetJets = 0
Flex =30 (+/-)
Shares =25 (+/-)
Avant = 0
XOJEt = 20

FLOPS=215 pilots and X number of support. Sorry these numbers don't add up. (104+63+48)

25 lay offs at Flex Jet not 30 + 8 that were terminated due to training issues. Currently there are 439 at Flex.

 

[Hung Start]

No joy in Mudville,,,,,

Sorry guys and gals.


Hung

 

[993_Pilot]

I really think more furloughs is a tactic that the down economy allows management get away with. They know that a good percentage of the guys on furlough will probably not want to come back if they are on the street long enough. This will allow management to replace them with lower paid new hires, when the time comes. When they negotiate pay, you can bet that the new hires will get squat while the longer term pilots will get a raise. They guys voting, (pretty much all PIC's now) will go for it because they think that they are getting a pretty good raise and don't really care about new hires, & Flops will put out press releases touting how great they are and how they are giving raises in this bad economy. Then there will be a re-bid after the contract and a lot of the former PIC's will suddenly realize that they are now officially SIC's again, with the "slide to poverty" pay. You can bet there won't be a press release about that! When the economy picks back up, the company will start recalling furloughed pilots who, if they decide to come back, will also have to bid into an SIC seat with SIC pay. If/When Flops ever gets back to 500+ pilots, the bottom 150+ will all be new hires with new hire pay. That is managements intentions with more furloughs. . . Of course, I hope I'm wrong !!!

 

[sky4]

What about the 30+ brand new type ratings Flops just paid for? Some still in school and most just out of school, not even a chance for one rotation before being let go?

Go fiq?

 

[Flex-ible]

25 lay offs at Flex Jet not 30 + 8 that were terminated due to training issues. Currently there are 439 at Flex.

Let's just say that in the last quarter, 8 pilots left the company for reasons other than the 25 laid off from the bottom of the list. At least a couple of them resigned voluntarily, at least one retired. Don't make it sound as if the company is gunning for pilots in recurrent. They are not.

 

[EX_CV580FR8Dawg]

I got hit in the first round and couldn't be happier... shame on KR and crew. Karma is a muther*************************er!

Now if i can just get that great paying job at Signature!