NetJets Unrest Puts Warren Buffett in a Rare Pinch

[Mooneymite]

Help me here....I'm not sure,

Was it Hansell, or Pol Pot who said: "To keep you is no benefit, to destroy you is no loss."

 

[Diesel]

I left Netjets with seven years of experience. I was great at my job. I was highly experience in the airplane. I knew the airports we frequently flew into. I knew the gotchas, locations of the FBO's, common taxi routes and approaches. I knew all the techniques for getting the job done. I was proud to be able to turn the jet in twenty minutes. I was proud to be able to fly into Hawaii one day with all the special oceanic procedures and fly into Canada the next. I liked the job.

Unfortunately, I was never compensated well. I was on the seven and seven schedule and my gross pay was about $76,000 a year (after SEVEN years) with no upgrade or good future in sight.

I shopped my skills after I had my fill of the new Hansell regime. I was hired by a major airline two months later.

Today I find myself two weeks from completing my probation year. It was a lot of work and stress to leave, but the future looks very bright.

This month my schedule was three on four off. Next month I will gross about $9350 for the month. The company will contribute about another 20% towards my retirement this coming year. I have basic healthcare that I don't pay for. The benefits are too many to list. All the open time I want to pick up.

The funny thing is I'm still doing basically the same job. Still the same skill set. One company was willing to pay for having an experience pilot up front. The other company was not. Who would you want to work for?

Good luck Netjets pilots.

You are grossly underpaid for the job you do. Don't sell yourself short.

Congrats good job.

 

[T-1GUY]

Thank you...

 

[CA1900]

I am listening. Just worried about the results of our tactics. I think Warren is already unhappy enough with us for having 4 Unions on the property.

We didn't have four unions before WB sent in Sokol and his labor-hating lawyer.

 

[Semore Butts]

Warren is unhappy with us?

As I heard this tears ran down my cheeks......

Tears of laughter. Geez G4, that is by far the funniest thing you have ever posted! What are you, 8 years old or something?

Dear Lord!

Semore (As he shakes head and walks away)

 

[Diesel]

I am listening. Just worried about the results of our tactics. I think Warren is already unhappy enough with us for having 4 Unions on the property. And I think a new owner would treat us badly compared to Warren.

You haven't been listening since day one.

How many people need to explain it to you?

How many people have to point out that your flawed thinking is not going to get us anywhere?

At what point will you decide to take a stand?

When is enough is enough?

 

[Willy21]

"It places the lotion on the skin or else it get the hose again." Enjoy your hole GIV.

 

[G4dude]

You haven't been listening since day one.

How many people need to explain it to you?

How many people have to point out that your flawed thinking is not going to get us anywhere?

At what point will you decide to take a stand?

When is enough is enough?

I have been listening, just don't agree with you. Same info, different worldview. Better code of conduct.

 

[G4dude]

Do all of y'all believe a new owner would pay us more than Warren? I suspect not.

 

[fischman]

Do all of y'all believe a new owner would pay us more than Warren? I suspect not.

If the leverage is there, yes.

 

[gunfyter]

Do all of y'all believe a new owner would pay us more than Warren? I suspect not.

We've already been sold to a new owner:

http://www.walmart.com/ip/Peerless-DOB001-Accessory-Toiletry-Bag/38078201

 

[FamilyGuy]

We've already been sold to a new owner:

http://www.walmart.com/ip/Peerless-DOB001-Accessory-Toiletry-Bag/38078201

LOL. Is this the result of one of Jordan's schemes to create a new revenue stream?

If so, it ranks right up there with replacing Fiji with Dasani and sueing the FBO's to try and sell their fuel to other customers.

 

[FamilyGuy]

Do all of y'all believe a new owner would pay us more than Warren? I suspect not.

I think selling NetJets would be very difficult.

So many of the owners joined NetJets because of the Berkshire Hathaway backing. If you take that away, how many owners do you lose and what is the value of what remains?

 

[Diesel]

I have been listening, just don't agree with you. Same info, different worldview. Better code of conduct.

It's not that you don't agree with me you don't agree with anyone around you telling you you're wrong.

You've said you want to SCAB. That isn't a different world view that is a whole different galaxy.

So how is the job search going?

 

[Diesel]

Do all of y'all believe a new owner would pay us more than Warren? I suspect not.

The sky is falling argument.

Do you think the company would be better off if WB sells us? I sure think so because I can tell you this it can't get any worse.

Whomever buys us which is doubtful it would ever happen sadly, would hopefully bring in excitement, forward thinking, and a love of aviation. Sadly all those people have left the building.

Do you really think WB selling us is a bad thing? How much worse can it get?

Is that why you are so scared to rock the boat?

 

[Diesel]

I think selling NetJets would be very difficult.

So many of the owners joined NetJets because of the Berkshire Hathaway backing. If you take that away, how many owners do you lose and what is the value of what remains?

I'm not saying it would happen.

But think of how many owners would sign back up if someone like RTS came back and bought us. They would know that the experience, product, and exclusiveness would come back.

Food for thought. Sadly I don't think we'll be sold.

 

[FamilyGuy]

I'm not saying it would happen.

But think of how many owners would sign back up if someone like RTS came back and bought us. They would know that the experience, product, and exclusiveness would come back.

Food for thought. Sadly I don't think we'll be sold.

Good point. We sorely need a leader that has vision, a passion for the industry, integrity, ethics, morals, and charisma.

Sadly, as you noted earlier, anyone that had any of those characteristics has already left.

 

[Diesel]

Good point. We sorely need a leader that has vision, a passion for the industry, integrity, ethics, morals, and charisma.

Sadly, as you noted earlier, anyone that had any of those characteristics has already left.

No truer words were ever spoken.

 

[993_Pilot]

...Do you think the company would be better off if WB sells us? I sure think so because I can tell you this it can't get any worse...

You may be in luck, I heard Kenn Ricci flew to Omaha several times recently ;-)

Whomever buys us which is doubtful it would ever happen sadly, would hopefully bring in excitement, forward thinking, and a love of aviation...

Kenn Ricci could bring you his "Vision"! Netjets could be the new "Blue label", a step above the "Red Label" in his multi-branded vision for the new "One Sky".

Do you really think WB selling us is a bad thing? How much worse can it get?...

Maybe you should ask the Flexjet crews if they think this is true.

(For what it's worth, I am on your side, and support the NJ pilots 100%)

 

[pilotyip]

(For what it's worth, I am on your side, and support the NJ pilots 100%)

You mean there could be a down side? maybe ice bergs out there?