Post-mediation NetJets thoughts

[G4dude]

It will be interesting to see how this all works out. NetJets has an extremely expensive operating model. Each NJA aircraft requires 5 pilots to operate where corporate America generally mans at 3 per aircraft. Half of NJA's flights are non revenue producing "dead-head" legs. Aircraft accrue time at a much greater rate than their corporate counterparts and decrease in value more quickly. The question has yet to be answered as to how "owners" feel about their aircraft being "rode hard" in what is fundamentaly a Part 135 operation under the Marquis Card program - a program that is approaching 40% of all NetJet flying.


It seems that a more reasonable comparison for NetJet pay would be to the compensation of other fractionals whose costs and concerns are similar. They probably have arrived at the compensation that the market will bear through really rather simple economic principals. That's certainly what has happened in the big airplanes both at the union BBJ operation and the non-union NJI
Gulfstream operation.

Sea Spray

Excellent post!

 

[Raskal]

As a pilot for a "non-major" fractional, I just wanted to say to all the NJ guys good luck, and know that there are a lot of people outside your company supporting what you're trying to do. Union or not, fight for what you guys deserve, which is definitely better pay than what you get now. Keep up the fight, we all look forward to the results.

 

[netjetwife]

Thanks for the support, Raskal! It's always nice to be cheered on by someone who understands the situation and recognizes the positive potential impact the NJ contract can have on the industry.

 

[Jolimon]

Can someone tell me what do you expect to accomplish by the sign? I think this will cause sales to suffer at netjets and hurt your position even more. This was an extreme move that hurts the industry as a whole. I really hope that the little guys who are going with the flow are not hurt by these actions. You guys are really backing yourselves in a corner.

 

[x402]

Can someone tell me what do you expect to accomplish by the sign? I think this will cause sales to suffer at netjets and hurt your position even more. This was an extreme move that hurts the industry as a whole. I really hope that the little guys who are going with the flow are not hurt by these actions. You guys are really backing yourselves in a corner.

Please stay over in Caldwell, you management loving dope. You fly for someone else, if we did kill the golden goose, THAT WILL BE MORE BUSINESS for YOU. Over 80% of us voted the new MEC in and I would guess +80% agree with the tactics they are using to bring this contract to a conclusion. Go back and answer questions about something you know something about.

 

[Jolimon]

Hope it works out for you. I really do.

 

[netjetwife]

Jolimon, after my husband stopped laughing at your post, I asked him to answer your question anyway. I like his response! "We're getting our FOs off of government assistance". I think that about sums it up. You may not GET IT, but many others out there DO! One of the first steps in correcting a problem (luckily most of the NJ pilots don't have a problem in recognizing that there IS one) is raising awareness. You have to agree, the billboard is getting the message out there!

 

[holden1]

Huh?

It was in a NetJets press release fundamentally explaining why they bought controlling interest in Marquis.

SS

Intresting - do you know where this press release is? I never knew NetJets released that.

Holden1

 

[Hawkered]

We're all being strung along on this one. Does the MEC have a copy of The Marquis books as well? What about EJM mx, particuarly in HPN where they are charging nearly fifty bucks for a quart of oil? What the hell are they funneling off to EJM as a shop rate?

 

[El Chupacabra]

Can someone tell me what do you expect to accomplish by the sign? I think this will cause sales to suffer at netjets and hurt your position even more. This was an extreme move that hurts the industry as a whole. I really hope that the little guys who are going with the flow are not hurt by these actions. You guys are really backing yourselves in a corner.

We don't want the passengers to be surprised when the Strike comes and the Replacement Pilots come to fly them.

If you liked the billboard you'll love the WSJ on Monday.