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Netjets will be fine. No strike will occur.

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Publishers said:
The problem in this negotiation as I see it is that the union may well try and catch up on all areas in one giant leap. It is that "we are going ot cure the ills right now" attitiude. Rarely is that successful.

I agree, 6S (all or nothing is a limiting strategy)

Basically Netjets is an arranger.They arrange the sale of an aircraft by bringing in more than one party and combining his purchase with another. They further arrange trips and pilot services.

More complex than that. More like a bank with tons of occupied hours in it and Airplanes to deliver the hours to the customers with flight hour balances.

...the rah rah factor when everyone wants to show the big bad corporation management their perceived power.

The Ego's always get in the way of things getting done, Ya think?
 
More complex than that. More like a bank with tons of occupied hours in it and Airplanes to deliver the hours to the customers with flight hour balances.

Exactly. Just like fractional banking.

A review of "A Brief History of Money"... and the evolution of banking... will yield an understanding and perspective not appreciated by many.
 
Could someone clue me in on the approximate hours that the average NetJets aircraft accumulates in a year. ?? With all of the Marquis Card flying it has got to be over a thousand hrs. per plane/yr.
 
I think it's very spread out by aircraft type. The longer range aircraft like the GV run up some big numbers over very few cycles while the Bravo's/Ultra's put up some really large cycles compared to fewer total hours per cycle. A more signifigant value would be productivity by AC type measured in dollars earned per quarter/year. Of course the question begs to be asked. What is an appropriate pilot salary for each aircraft type based on productivity measured in dollars?
 
I guess where I'm going with this is trying to picture their overall cost structure. The maintenance alone trying to keep things flying has to be unbelieveable..
 
Not necessarily, I have had some experience with this calculation in a previous incarnation. The fixed costs get nicely amortised(that would include you and me) with the larger total hours per year. Here the operating costs largely get passed on to the owner, i.e. fuel, maint.,. catering, landing fees etc. either as a monthly fee or as a direct billing. RTS really did his homework on this believe it or not. The big item of course is positioning legs. IJ 2 is supposed to maximize the efficiancies here but sometimes it is hard to see the "big picture" while your watching a few thousand dollars get wasted. What I would like to see is a system that would allow a crew to suggest an alternitive course of action and the Dispatcher's/Scheduler's would be required to review it with management oversite to see if it will work. Codeword could be "WASTE ALERT" meaning, of course "Dude that's stupid why don't we just....." Mature organizations are very well aware that cost savings are easily found out on the floor and mine them aggressively. We will get there in time tho. Patience is a virtue.
 
One would think there should be about 800 occupied hours on average per airframe plus whatever repo time is necessary. In my experience the shorter range plane has a greater percentage of repo hours.

In theory JetCards should not be increasing the number of hours on the airplanes because they are resold hours from a fractional owner entitled to only 800 hours per full share. Hours divided up into 25 hr cards should make no difference in total hours flown.
 
Wealthy people and money

These threads are starting to sound like the basis of socialism and not capitalism ...

i.e, wealthy people will part with their $$$ just becasue they have alot of it.


Very, very wrong assumption. Wealthy people may pi$$ away alot of $$, and waste alot of $$$, but it is for fun and things they like -- i.e., cars, jewelry, race horses, race cars, the list is limitless.

The falacy is assuming that if they are willing to do this they will pay NJA more for pilots.

As Ihave been sayoing for years ... added perceived (and not necessarily acutal) value higheer salaries.
 
Owner what' more important?
NJA hiring and retaining the best pilots they can find or NJA paying as little as they can and hiring pilots who don't care about NJA because it's only a temporary job until they find something better? How are you going to get the highest level of safety and service that way? Kinda makes those "fun purchases" not so important. You should and probably do put your family's safety number one. It doesn't matter how much money you have you can't take it with you.
 
flyjetspeed said:
Not necessarily, I have had some experience with this calculation in a previous incarnation. The fixed costs get nicely amortised(that would include you and me) with the larger total hours per year. Here the operating costs largely get passed on to the owner, i.e. fuel, maint.,. catering, landing fees etc. either as a monthly fee or as a direct billing. RTS really did his homework on this believe it or not. The big item of course is positioning legs. IJ 2 is supposed to maximize the efficiancies here but sometimes it is hard to see the "big picture" while your watching a few thousand dollars get wasted. What I would like to see is a system that would allow a crew to suggest an alternitive course of action and the Dispatcher's/Scheduler's would be required to review it with management oversite to see if it will work. Codeword could be "WASTE ALERT" meaning, of course "Dude that's stupid why don't we just....." Mature organizations are very well aware that cost savings are easily found out on the floor and mine them aggressively. We will get there in time tho. Patience is a virtue.

I see what you are saying, but from my experience thus far it's not the fixed costs that kill you. It's the maintenance and additional costs associated with flying the aircraft upwards of 800-1000 hrs./yr. that will get you. You are right about all of the dead-legs, that has got to be monumental... Am I correct in assuming that thos DO NOT generate any revenue ? You obviously have occupied owner costs, but for these legs nothing...
 

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