Sctt, I agree with what you said. When I started our 135, we took the position that we would have 3 classes of aircraft so we could handle 3 different type missions. We also eliminated "wait time" and did not guarantee the aircraft would wait. You said when you wanted to go and when you wanted picked up and that is what you got. All full time pilots had to fly all aircraft although only assigned trips in two.
You could charter an Aztec to go to Indiannapolis and be picked up in a King Air if it was convenient for us. We flew check runs from CMH to CLT and let people charter a seat.
Many of the aspects are the same as Netjets but there is a difference from the owner perspective. He is paying a full time cost and a management fee, and, I believe an occupied fee. A friend sent me his agreement when I was doing a fractional consulting job and it was quite a bit to look at and figure out what it was going to cost per hour. I believe to some extent you are right to think that Netjets pays on the lower end of the scale. In teh old days, they only wanted ex Military who were retired to fly and they figured they could pay them less. This was Lassiter and LeMay who came up with that.
What is that level today, I do not know. I do know that it has dragged along much longer than need be and there is not a solution in sight.
Lastly, I did not disrespect the military nor did I say that Frank Lorenzo was a victim of anything. He failed to realize that airlines were different than other companies as they are controlled by DOT and that he could not do what he wanted to. I said he was a scavenger, looking for under valued assets he could take cheap. That is not a victim.
I remain somewhat facinated by the Netjets model and want to see how this plays out, not only from the labor aspect, but, also how the residual value concepts hold up as these aircraft hit the market and the sale of new fractions becomes mature. All the card share programs have taken the fractions to smaller and smaller pieces. While Citation Shares has a program, they cannot get too much going because they do not want to irratate Netjets who I think is their largest customer.
I would really like to see their numbers on pilots per aircraft and occupied crew time. I never really understood why the pilots would be with the Teamsters in the first place although I am sure someone told me along the way.
By the way Hawk, I respect not only the military but the guys flying the Navajo with the speed tape. We were flying Aztec's and 402's on check runs to CLT through CRW from CMH and the winter night flying was always something to keep your proficiency up. I flew them just to stay current.