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Netjets combining?

  • Thread starter Thread starter Spyguy
  • Start date Start date
  • Watchers Watchers 19

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DO-82 driver said:
h25b.....time will tell.....we aren't talking about regionals....we're talking about a single company that is owned by 1 person.

This is new grounds for the NMB and no one knows which way its going to go. For every point to prove 2 seperate companies...a person can find an equally valid point supporting a single carrier operation.

All the speculation in the world means nothing...especially in this venue.
The only thing that is going to make a difference is when the lawyers start their arguments.

Until then....everyone is an expert and everyone's conclusion is the only one possible.

I agree, which is why you don't see me placing a bet either way... But for someone thinking about going to work for NJA thinking it may be a shortcut to the Gulfstreams might like to now the reality that this is NOT a done deal. That is all... There are those that in the pride of the recent CBA are clouding this fact.

By the way, congratulations on the new deal and have to say it was slightly better than I thought you'd ever get...

Q Service said:
There are six different OPERATIONS listed.

All of which are marketed under the brand name of NETJETS.

All of which report to one guy in Woodbridge NJ.

Richard (Dick) Santulli.

Yep, six different companies reporting and under 1 holding company. The NMB couldn't care less about this fact as evidenced by a recent ruling. They dig a bit deaper than that.
 
Q Service said:
Yep you're right, 6 years at Netjets, and this whole topic is new to me, sorry.

6 years obviously blinded by the IBT. Doesn't change the facts.. Go ahead, look it up.
 
h25b said:
Yep, six different companies reporting and under 1 holding company. The NMB couldn't care less about this fact as evidenced by a recent ruling. They dig a bit deaper than that.

Do you have some vested interest in us not merging? I couldn't care less, but you seem to relish in playing the delvils advocate here.
 
Q Service said:
Do you have some vested interest in us not merging? I couldn't care less, but you seem to relish in playing the delvils advocate here.

I JUST HATE TO SEE PEOPLE LIKE YOU WHO OBVIOUSLY DO HAVE A VESTED INTEREST CLOUDING ISSUES THAT MAY PLAY A PART IN SOMEONES CAREER CHOICES.

SOMETIMES THE BEST PICTURE CAN BE GIVEN BY SOMEONE WHO DOESN'T HAVE A VESTED INTEREST...
 
Q Service said:
There are six different OPERATIONS listed.

All of which are marketed under the brand name of NETJETS.

All of which report to one guy in Woodbridge NJ.

Richard (Dick) Santulli.

Q, again not try to post flamebait, but just engage in discussion, but the website specifically refers to companies, or subsidiaries:

*NetJets Management Ltd. and NetJets Middle East are subsidiaries or affiliates of NetJets Inc. The Gulfstream Large Cabin Fleet is operated by NetJets International. The BBJ is operated by NetJets Large Aircraft Company. All other aircraft offered by NetJets in the United States are operated by NetJets Aviation. Each of these operating companies is a wholly owned subsidiary of NetJets Inc. All aircraft offered by NetJets in Europe are operated, maintained, and crewed by NetJets Transportes Aéreos, SA a Portuguese/EU Carrier. The Marquis Jet Card Program is operated by NetJets under its FAR Part 135 Air Carrier Certificate. While the representations contained in this website are accurate, the actual terms and conditions are subject to the definitive agreements with individual NetJets Owners. NetJets is a registered trademark of NetJets Inc.

DO-82 driver said:
h25b.....time will tell.....we aren't talking about regionals....we're talking about a single company that is owned by 1 person.

This is new grounds for the NMB and no one knows which way its going to go. For every point to prove 2 seperate companies...a person can find an equally valid point supporting a single carrier operation.

All the speculation in the world means nothing...especially in this venue.
The only thing that is going to make a difference is when the lawyers start their arguments.

Until then....everyone is an expert and everyone's conclusion is the only one possible.


The one owner issue is also a parallel in the TSA/GJ case, both are owned by one indivdual: Hulas Kanodia.
 
NO h25b...I've spent nearly 7 years here and I would say that the first 6 I was misguided by Local 284 AND the Company.....Now its just the Company playing the shell game....

You may not have a vested interest.....but you're also NOT an expect either....nobody knows anything
 
Briefly, back to Spyguy's original question:

Petition can be filed in late 2008. Then we're into the holidays, testimony from both sides, blah, blah, blah. Just guessing that the NMB decision won't be issued until somewhere around March, maybe April 2009. Depending on the decision, there could be appeals, restraining orders, lawyers getting rich, more blah, blah, blah. Don't expect anything final until late 2009.

Two guarantees: 1) It will be very expensive for both sides. 2) Some will be happy when it's over and some will be p'od.
 
Thanks for the info guys. I am planning on putting in an application and my time in the navy runs out about a year or so before the filing date. So, I am very interested in the possible merger and IF it happens, what will the low guys on the totem pole be in for. Seat lock? Off to PBI and a pay cut to 30k? There are a lot of us out here following this story closely. I get some good inside info, but it's nice to get a larger picture sometimes.
 
paycut to 30k? Where would that be?
 
Wow. All I can say is h25b is very perceptive; and I agree with him. As someone who has no interest in either party, he can probably afford to be less emotional than those involved. In any case, just keep an eye on which way resources move in the next year or two...back to CMH, or further over to Okatie.

BTW, it's not "Netjets International" anymore; it's "NJI, Inc." And when we cover each other's trips, "money" changes hands (They even did that sort of thing in the military, which I always found amusing. Each squadron kept a tight leash on "their" funds/budget, even though it ultimately all came out of the same pot.)
 
Sorry Diesel, I will be more exact, I wouldn't want to take a pay cut from 70,000 down to 39,000, 40,900 (Cat1,2,3 pay), or 50,000(Cat IV). I don't see anyone living above the poverty line in PBI with those wages. And depending on how badly the low guys might get screwed in the POSSIBLE merger, that would be the worst case scenario.
 

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