56 people with 34 PIC and the rest SIC.
Initially voluntary redundancy but the price proposed has dramatically decreased over the year. It used to be about 15 to 18 months salary (even 24 months for the first voluntary leave in 2008). Now they propose only 1 month per year of seniority + the 3 months UK redundancy. So around 8 to 10 months.
And last year, Netjets had to make a loan to pay the 128 guys leaving, what about this year.....
If no voluntary, then it would be last in first out.....
Company reducing to below 100 aircraft. Better avoid them, it is slowly sinking they hit the Iceberg when the new boss arrived in 2009 or 2010...
Last edited by slr737; 17th Oct 2013 at 17:04.