Netjets layoff now??

[ArtVandalay]

Just talked to a buddy at NJ and he says he's hearing you guys are going to layoff now. Is this ever going to end????

 

[Abbey]

Is your buddy management or a union leader?

 

[brokeflyer]

oh here we go again.....im outta popcorn though.

 

[ArtVandalay]

He's management. Take it for what you want, I'm just relaying what he said. These times suck either way you look at it. Hopefully he's wrong.

 

[brokeflyer]

well that sucks then....I feel bad for those people.

 

[can99]

I too hope its wrong, who wants that any more pilots out on the job market... lets hope its just a rumor!

 

[Abbey]

He's management. Take it for what you want, I'm just relaying what he said. These times suck either way you look at it. Hopefully he's wrong.

Bummer

 

[shroomwell]

I think all Frac pilots need a Federal bailout.

 

[jtf]

I wouldn't be surprised if the company layed off some non pilot positions, but I think it will take a lot more pain before they get to the pilots. The furlough language in the contract and the cost of retraining so many into required positions that would be furloughed (I believe the Sovereign has a ton of very junior FOs that would need to be replaced if a furlough occurs so the fleet can operate) just makes actually furloughing more expensive than eating salaries for quite a while. From what I've heard the union has offered some ideas to the company recently and the company has told them the suggestions are so far unnecessary. They have been making it more clear that leaves of absense are readily available with full medical coverage paid by the company while out. I'd guess they will offer some buyouts for the older guys also before they furlough any pilots and I also expect them to reduce the 18 day schedule quite a bit also before they furlough. I guess only time will tell for sure.

 

[captain dad]

No furloughs, just more rumors and flame bait. Sorry.

 

[glasspilot]

Careful you don't make B19s argument for him.

Full medical for furloughed pilots? I understand the company saying, "thanks but no thanks".

 

[gunfyter]

I wouldn't be surprised if the company layed off some non pilot positions, but I think it will take a lot more pain before they get to the pilots. The furlough language in the contract and the cost of retraining so many into required positions that would be furloughed (I believe the Sovereign has a ton of very junior FOs that would need to be replaced if a furlough occurs so the fleet can operate) just makes actually furloughing more expensive than eating salaries for quite a while. From what I've heard the union has offered some ideas to the company recently and the company has told them the suggestions are so far unnecessary. They have been making it more clear that leaves of absense are readily available with full medical coverage paid by the company while out. I'd guess they will offer some buyouts for the older guys also before they furlough any pilots and I also expect them to reduce the 18 day schedule quite a bit also before they furlough. I guess only time will tell for sure.

I think we will know by tonight.

They certainly could lay off if they wanted to ... but so far they have said they do not want to....

Glass ... the full medical would be for guys over 60 who took buyout. There are people who would otherwise retire but staying to keep medical benefits.

===================

Well I think we know now. It sounds like you are right.... They want to reduce workdays somehow ... Reduction of 18 day schedule? Something else .... Not specified. But it sounds like no furloughs

 

[Pervis]

Sorry doomsayers, and thanks for those voicing true concern, but we are not going to furlough anyone at this time. The boss actually looks at us all as family, and just today verified that.

 

[amflightpilot]

thanks Pervis, whomever you are....

AMF

 

[gunfyter]

Sorry doomsayers, and thanks for those voicing true concern, but we are not going to furlough anyone at this time. The boss actually looks at us all as family, and just today verified that.

Not only that ... it sounds like the Union and Company cooperated somehow to prevent any furlough. Details we don't know yet. I guess 19 is wrong again!

 

[RNObased]

No furloughs, just more rumors and flame bait. Sorry.

Sticking your head in the sand and saying that furloughs can't happen is shortsighted and naive.

Look at one fact, flying has recovered a little bit, but not anywhere near '07 levels and guess what we are staffed to fly, yeah '07 levels.

I hope no staff reductions take place, but I'm a realist also.

 

[gunfyter]

We know furloughs can happen... because of the reduced demand....

I think we will all remember in the future that the company is doing everything possible to avoid them.

 

[BuckMurdock1]

In the bottom 15#s at NJA.. just to prepare w/ the wife (& thankfully she has a good job);
does anyone know how long unemployment benefits last normally? Anyone know the normal % of your salary? Never had experience w/ unemployment (guess that is a good thing).
Preparing for worst, hoping for the best.

 

[Crobar]

In the bottom 15#s at NJA.. just to prepare w/ the wife (& thankfully she has a good job);
does anyone know how long unemployment benefits last normally? Anyone know the normal % of your salary? Never had experience w/ unemployment (guess that is a good thing).
Preparing for worst, hoping for the best.

That depends on the state you live in. I don't think it is a percentage of salary, 5 years ago I was getting the max that the state I lived in payed, something like $350. a week.

 

[xpdriver]

He's management. Take it for what you want, I'm just relaying what he said. These times suck either way you look at it. Hopefully he's wrong.

He is wrong..From the horses mouth..Not laying off unless we are in a Depression...lots of things in the hopper..Keep your rumor BS to yourself....

Middle MGMT... what a bunch of clowns

 

[ArtVandalay]

It's not a rumor. I'm just relaying what he told me. If you want to call it "BS", go ahead and be a mental midget you prick.

 

[BuckMurdock1]

That depends on the state you live in. I don't think it is a percentage of salary, 5 years ago I was getting the max that the state I lived in payed, something like $350. a week.

Thanks.. and ouch: $350/week...guess we'll have to stop eating at Mortons or Ruth's Chris every night..j/k
I do live in Minnesota--one of the most liberal states around (very pro-social programs).. perhaps that translates into good unemployment credit.

XPdriver's post is rather encouraging.. one can hope.

 

[xpdriver]

It's not a rumor. I'm just relaying what he told me. If you want to call it "BS", go ahead and be a mental midget you prick.

Its not being discussed....Can it happen? ofcourse... When you get info from RTS and JC then I would say its alittle better then some ACP or who ever thinks they know...
But you believe what you want...And I did call it BS........

 

[x402]

It's not a rumor. I'm just relaying what he told me. If you want to call it "BS", go ahead and be a mental midget you prick.

Art,
Sorry Flex has cut deeper into the pilot group, I wish everyone the best going forward.
If the time comes, you and B19 can leap to your soap boxes and scream 'I told you so!!!!!'

We have hundreds of guys worried about their jobs, it's the business. Threads like this, that YOU began, feed that fear. Believe me, they know. So don't be surprised if we don't fawn over your 'connections' in the company.

 

[Eot Sugnuf]

I have a close friend in NJA management and he acknowledges they are pretty much the last to know anything. Anyone who posts "inside information" on an anonymous board is just looking to stir the pot. Reacting to their BS just feeds their childish need for attention.

 

[jonjuan]

He is wrong..From the horses mouth..Not laying off unless we are in a Depression...lots of things in the hopper..Keep your rumor BS to yourself....

Middle MGMT... what a bunch of clowns

LOL-so who is the "horse" in this case? Lots of things in the hopper- uh huh.....

 

[fischman]

No furloughs at NetJets. The rumor is incorrect, completely false, and utter BS.

Art, please try to verify before posting this kind of stuff. As said earlier, it only feeds fear that is unnecessary, and in my opinion hurts all involved.

Not cool. And I know cool, for I am awesome.

 

[brokeflyer]

its amazing how many people wanna see us fail.

No wonder this industry is in the toilet.

 

[bluepost]

Just like Southwest.....waiting, waiting, waiting for them to stumble even though they are the highest paid (for their equip), and have always been treated with respect from the company....meanwhile people would get all excited when Northwest would post a tiny profit, or would say the beatings would stop.

This industry just absolutely sucks right now....layoffs, furloughs, terminations, benefit reductions, displacements, downgrades....absolutely brutal.

 

[Club ORD FO]

well if you guys are not laying off, the you have to agree you must me losing a ton of money. Surely you are losing owners, not flying as much, and are over staffed.