NJ Recalls

[fischman]

And yet they won't pay. What now?

What are you talking about? They already are.

 

[msculley6905]

Why would the owners have to a nickel more? SWA pays their crews almost $100k a year more than NJA. If an airline posts a profit of $25 million in a year, it was considered a success.

Did you not read how much money NJA made in '12 and '13?

It was a success.

The owners won't have to notice a single difference except the bigger smiles on the crews faces.

Netjets is not an airline, it's not run/staffed/planned or anything resembling an airline other than we fly things.
Netjets profits are no where near the well run airlines'

 

[BentOver]

Andddddd along comes the crew scheduler guy...

 

[sshrae]

Netjets is not an airline, it's not run/staffed/planned or anything resembling an airline other than we fly things.
Netjets profits are no where near the well run airlines'[/QUOT

If you think the airlines are well run you are delusional at best.

 

[LAZYB]

Have you ever heard of Warren Buffet? He's got some theories on airlines and cumulative profits.

 

[msculley6905]

as you were...just pointing out the obvious

 

[sshrae]

Have you ever heard of Warren Buffet? He's got some theories on airlines and cumulative profits.

Yes, Buffet's biggest blunder ever was the USAir debacle. Airlines are the worst long term investment in the history of corporate America.

 

[rajflyboy]

How far down the list is EJA at this point?

 

[CA1900]

as you were...just pointing out the obvious

What's obvious is that you don't know the profit Netjets truly earns, because it's moved through other subsidiaries. FlightSafety, Philips 66, IBM, American Express and more, are all holdings of Berkshire Hathaway. When we "pay" for a pilot recurrent, for example, that money comes off NJA's bottom line and onto FSI's.

All of this makes it very, very easy to manipulate how "profitable" NJA is.

 

[OPECJet]

Netjets is not an airline, it's not run/staffed/planned or anything resembling an airline other than we fly things.

Netjets profits are no where near the well run airlines'

Horsecrap. NJA is a very large airline with around 3000 pilots on the seniority list and a cast of thousands in the operation. We are an airline that flies thousands of passengers every year, 1-12 people at a time in small jet aircraft.

Further, now we have a management style that is similar, and a labor/management relationship on par with the state of most airlines post 9/11.

I doubt the owner/management relationship is much better.

Netjets is an airline in every sense of the word.