PPRuNe Forums - View Single Post - NetJets loses $1M a day in 2009
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Old 20th May 2009, 09:14
  #20 (permalink)  
Holyman
 
Join Date: Jul 2003
Location: Europe
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Falconbis:

you keep dreaming, and believe everything the salesguys want you to believe...

the 300 pilots too much are not because we are not getting the equipment. But a mistake from management dating back to late 2006 when they thought the French would walk away from the new contract. So Santa Claus ordered the cadetscheme and extra intake of pilots....

the French did not walk away (nowhere to go)....and the company was 300 pilots too many, luckily the sales was going nicely and management, beeing great visioneers, looked ahead 3 years and forecasted we needed the pilots anyway.

linetraining periods on certain aircraft taking more than 1 year, and sales slowing down from may 2008 did not change their great vision.

now we have too many, with no union, and a management that was wrong in the past and will be wrong in the future. we all loose money this year, and some their jobs....

the total fee management received last year is public available via the uk yearly reports......(you want to save 25 million? I know a place where to look).....

anyways, we keep on loosing money this year, and since the usa side already have the contigency plan in place I think NTA will bleed a little more.....
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