NetJets Strike Vote Fails

[FamilyGuy]

If RTS is such a great CEO than why can't he pick a management team that is successfull? We have had about 6 different management teams since I have been here.

Dude - I dont know where you've been, but I worked in a lot of different companies and they all have management turnover every 3-5 years. People come and people go. The only time people dont move around in this economy anymore is when they are in unions and seniority becomes an issue.

RTS is the worst leader I have ever seen in the business world. Even Omaha was shocked.

That's a lot of respect you have for the founder of the entire fractional industry. How many brilliant contributions have you made to this world?

Anyone that takes 2 minutes to scan your previous messages will see that you are strictly limited to taking potshots at people....you havent added a single original or creative thought to these discussions.

 

[gunfyter]

The common thread in all of your mistakes is YOU.



​

There you go again....


Your math is all wrong. So are your assumptions.


10 owners per plane can pay MORE in pilot salaries than just one owner.

One owner paying 3 pilots vs 10 owners paying 5 pilots per plane.

The 10 owners sharing one Citation 10 only pay 2 Million to buy the plane vs 19 million. They just saved 17 million a piece!

If one owner pays $300,000 a year for 3 pilots. 10 owners could collectively pay 10 times that or $3 Million for pilots. Divided by 5 pilots is $600 K per pilot... not the stupid $60K answer you gave.

Get the picture.

Schedules

This is more BS. I am happy to work NBAA schedules. As soon as I meet my 300 hrs for the year I am done though right? And the maybe 60 overnites.... I am done too.

Highest in the Fractional Industry... This is also BS. We are the fractional Industry.

 

[FamilyGuy]

The common thread in all of your mistakes is YOU.



​

There you go again....




Your math is all wrong. So are your assumptions.


10 owners per plane can pay MORE in pilot salaries than just one owner.

One owner paying 3 pilots vs 10 owners paying 5 pilots per plane.

The 10 owners sharing one Citation 10 only pay 2 Million to buy the plane vs 19 million. They just saved 17 million a piece!

If one owner pays $300,000 a year for 3 pilots. 10 owners could collectively pay 10 times that or $3 Million for pilots. Divided by 5 pilots is $600 K per pilot... not the stupid $60K answer you gave.

Get the picture.

LOL.......You are obviously unfamiliar with our industry.....Let me explain a key word to you - FRACTIONAL:

SYLLABICATION: frac·tion·al
ADJECTIVE:
1. Of, relating to, or constituting a fraction.
2. Very small; insignificant: a minor candidate's fractional share of the vote.
3. Being in fractions or pieces.
OTHER FORMS: fraction·al·ly —ADVERB

Let me explain this SLOWLY so you get the concept....our owners will buy a FRACTION of the aircraft, not the whole thing. In return they get a certain amount of hours to fly, not the entire annual flying hours for the plane.

So when 10 owners buy a fraction, they DID NOT save $17 million a piece! (This logic may have been used on you by your wife when she goes shopping, but it is a fallacy)

Also, those 10 owners are not each paying $300k per year for the pilots, they pay the share equal to the flying time they buy on the aircraft. If they buy a half share they would pay half, or $150k. If they buy a tenth, as in your example, they would pay a tenth, or $30k....

Schedules

This is more BS. I am happy to work NBAA schedules. As soon as I meet my 300 hrs for the year I am done though right? And the maybe 60 overnites.... I am done too.

Highest in the Fractional Industry... This is also BS. We are the fractional Industry..

If you want the NBAA schedules then go to a corporate flight department and work them. You may only fly 300 hours per year, but you'll be on call 24/7 and you wont have this union protection you seem so enamored with....

And you would be the highest paid in the FRACTIONAL industry, as I noted in this post almost a month ago: (Also note three other companies listed, so we are not the entire fractional industry)

The latest offer appears to meet the criteria demanded in your picket signs:

NetJets Pilots seek Livable wage
NetJets Pilots The industrys safest pilots deserve a livable wage
NetJets Pilots deserve an industry leading contract. Now!

Here are the current 5 year captain wages for the fractionals from airlinepilotpay.com. Doesn't the current proposal vault you to the industry leader position?

NetJets...............60,984
CitationShares..... 63,996
FlightOptions....... 66,372
FlexJet............... 70,737

If I assume the minimum 23% raise then that would yield a wage of over $75,000....something that should fit the definition of livable.

 

[gunfyter]

You do not have to explain anything slowly to me. The owners bought a Fraction of the airplane. Not a Fraction of the Pilots.

Ok you got your 1/4 share of an airplane.... Now who is going to fly the thing?

They as owners certainly did save 17 million a piece. Otherwise they would need to buy their own airplane or become a Renter... ie charter.



Someday I'll explain Fractional Banking to you.

Because in reality this is not an aviation company. Its a Bank. Thats why its not run by aviation people but by bankers like Buffett and Santulli. The aircraft are like deposits of monetary instruments and the pilots flight center folks and maintenance folks are like the tellers and others who work in a bank.

When you understand this you will understand why Uncle warren said... "We've had stupid competitors in the past, and they Bleed. We have more blood than they've got."

Its like fractional banking because the Deposits on reserve (airplanes) can be loaned back out multiple times. Just like a bank can lend about 10 times the reserve it is required to hold. Our competition won't succeed until they understand this.

You will never be able to explain anything to me because, well, I just know much more than you do.

 

[Live4flyng]

You do not have to explain anything slowly to me. The owners bought a Fraction of the airplane. Not a Fraction of the Pilots.

Ok you got your 1/4 share of an airplane.... Now who is going to fly the thing?

They as owners certainly did save 17 million a piece. Otherwise they would need to but their own airplane or become a Renter... ie charter.



Someday I'll explain Fractional Banking to you.

Because in reality this is not an aviation company. Its a Bank. Thats why its not run by aviation people but by bankers like Buffett and Santulli. The aircraft are like deposits of monetary instruments and the pilots flight center folks and maintenance folks are like the tellers and others who work in a bank.

When you understand this you will inderstand why Uncle warren said... "We've had stupid competitors in the past, and they Bleed. We have more blood than they've got."

Its like fractional banking because the Deposits on reserve (airplanes) can be loaned back out multiple times. Just like a bank can lend about 10 times the reserve it is required to hold. Our competition won't succeed until they understand this.

You will never be able to explain anything to me because, well, I just know much more than you do.

EXACTLY RIGHT!

 

[Hogprint]

It's funny how the company spin meisters keep retreading the same old arguments.

Three posts of rehashed debates from a month ago? Come on boys, there is lots of new stuff to talk about now!

Chalk another up for SU, we got J man back on line...I haven't heard anything from the moles about our brothers who were supposedly "resting" on a flight. That one has quietly been pushed behind the green curtain. I wonder why!

Some company quandaries that have languished for years are suddenly being taken care of?????

House keeping or patching the facade?

 

[Diesel]

hahaaahahaaaa where are all the company moles now that J is back? Yeah that's right J is back and soon our other brothers will be back too.

Keep running your mouth about the same crap but it's still just crap.

Who cares where the money is. Pilots cost X and they better pay.

 

[FAcFriend]

NetJets...............60,984
CitationShares..... 63,996
FlightOptions....... 66,372
FlexJet............... 70,737

We are all smarter than to post a bunch of numbers and not look at the schedules etc. Flight ops is moving everyone to a 7/7 schedule.

All of the NJA pilots (or most are currently paid captain wages.) New guys coming in now, do not expect to wait a long time to get a good raise because of by pass pay. It has been very successful in keeping the junior guys pay up- Thus newbies coming into NJA are not afraid of the low wages anymore.

Next- an honest q-
When was AK47 man brought back in- I hadnt heard the decision was in-

 

[Diesel]

you won't here a decision because Mr. H won't blast it over the pagers.

Everyone who works the line know he's back. It's also been anounced on our union board but you wouldn't have access to that either.

 

[FAcFriend]

diesel-

it is a long weekend. And to be honest most NJA employees probably dont know about AK47 man, as they shouldnt -

It wasnt announced when he left and it wont be announced when he comes back- most dont even care.

I am sure AK47 doesnt want the information spread around- now or ever.

When was the decision passed down? And i know they are talking about it on the boards but I havent heard anything official from MEC-

thanks.

Ps who is mr H?

 

[gunfyter]

When was the decision passed down? And i know they are talking about it on the boards but I havent heard anything official from MEC-

I guess you did not get your copy of the July 3rd MEC announcement?

 

[Diesel]

Hey FAcFriend- You'll want to stop referring to him as Mr. Ak47 man. It's derogative.

 

[gunfyter]

Very insensitive to gun owners.

 

[TurboJetCpt]

I have an idea. Just stop taking the bait and let CMHTroll rant all he wants. What's the big deal ? He is loving the attention. HE means NOTHING to this pilot group...just another knucklehead at Bridgeway...home of the truly stupid. Just don't respond...

JUST SAY NO !

He is amusing though...stupid but amusing.

 

[Semore Butts]

Relax man, it's all good

JAson is back, and judging from the company board everybody knows. I don't think it's classified, but I'll tread lightly. The announcement message has been read by about 90% of the number of our pilot force. So, I think the word is out.

We say management is messed up? Well management says they are messed up too.

In recurrent trainiing recently they put out that all the middle and lower management are being sent to management training because they can't lead or manage (their words not mine).

(It's no surprise coming from a company that expanded as fast as it did. Minimaly qualified people getting management jobs and then moving up with the expansion)

A good idea I think.

Hey Family guy, get back to us and let us know how the management training is. Don't sit to close to Troll!

Also Family guy, Happy 4rth and thanks for your service to our country!