In the very very short time NJA was on top of the aviation world (say 2007-roughly 2009), there weren't alot of options for a regional guy to move on to. Limited hiring by SWA and JB, majors had few open doors...
Cue Netjets.. For RJ Captains it was about the same pay. For RJ FO's it was a pay increase. Plus the added bonus of the "you'll be a Captain in 3 years" and the ever famous "Welcome to the last job you'll ever have!" ....
Now fast forward to today:
Legacy carriers are all getting some form of an improved contract. Delta just got a significant raise, USAir is about to see increases pending an AA merger. Continental just got a raise. And for the most part it seems as if things are on the up and up at most, if not all Legacies...
Meanwhile, NJA has completely stagnated. Upgrades are an undetermined 10+++ years. FO pay is not even close to the potential one can make at a Legacy. Not to mention very limited schedule flexibility.
Not only will NJA lose many pilots to the airlines. NJA will never see the quality of newhires they were accustom to in 2007 and beyond. (I recently met an international heavy pilot from Japan who said "oh yeah I applied to NJA in 2008 after a furlough, didn't make the cut." ) *IF* Netjets ever hires again, they will see less and less experienced jet operators and more guys just coming off their first turbine gig flying boxes between SMF and SLC. (no offense).:beer: Netjets is once again going to be a stepping stone for guys to build some jet time to help get them to a Major airline. With no chance of upgrade it's the sad reality.
Routinely the guys I fly with today either have never heard of Netjets, or they vaguely know it's some form of corporate outfit. Netjets is off the radar these days.
BTW, Netjets did VERY VERY well with an fractional leading contract that paid much more than their counterparts..
Fair enough, and a good post. However, I believe NJA will be a dynamic place to work with fairly rapid upgrades when the economy picks up steam. Unfortunately, I suspect that will happen around 2017. Our stagnation is due to the moribund world and national economy rather than a bad business model, dear friends.