News about Netjets Europe

[south coast]

It was made clear that they would indeed accept the one off costs of re-typing people to fill gaps left on fleets where people take up an option with those from fleets that are quieter.

There is no nice way for anyone to lose their job, but I still cant see anything which the management could do to make the process less painfull.

They have offered a more than generous package to those who believe they are in the 'firing line', lets not forget most employers would have let people go some time back and at the legal minimum which is notice period plus a month for every year served.

[northern boy]

Indeed south coast, that's all I got last time round, not even enough for the taxman to nick any of it. At least this time there is a good chance of remaining in the company rather than being unceremoniously sacked. I would be surprised if the current downturn went on for as long as some of the schemes are due to last although its better to be cautious.

If it does last that long then NJ won't be the only ones down the pan, the whole world will be well and truly Donald ducked.

Better dig the vegetable patch, just in case.

[stuzzy1980]

Hi guys,

Quick question from the un-informed.....

How do you think the current climate at NetJets will affect the students currently/due to start studying at Oxford on the cadet scheme?
I haven't heard any news on the grapevine of any new scheme starting this year (there was one this time last year) but surely must be a good number of candidates 'in the pipeline' so to speak?

[postman23]

Stuzzy, consider the pipeline to be non existent for the next 24 to 36 months.

[buzzc152]

Cadets due to start at Oxford have been put on hold indefinately. Those already in training are being offered a few options to leave (extremely generous options in my opinion). Those already working the line have the same options as everyone else.

Personally I think it was a daft idea to begin with, but I don't think you'll be seeing the scheme return in the next 4 years.

[stuzzy1980]

Thanks for the insight guys...
I do feel sorry for the folks that got through the tough selection, and a trip to Lisbon, only to be scuppered by elements out-with their control. I guess that they are not the only ones to be affected by current events.
I'm sure Oxford have just invested however in a NetJets specific crj-200 sim.......wonder what will become of that?
I am starting with OAA soon, and have had zero indication from any of the OAA forums et al of this status quo..interesting....

[Rusty Trombone]

Net Jets Lay Offs

Its a Total shame whats happening in lisboa as the fleets are being decided. The facts remain that the wonderful sales team in london and the economy are partially to blame, too many cards and not enough owners.
Part Time options are a good option. Having been ex NJE and in the corporate world last 2 years its been tough.
I have been working part time only since Jan, signs of recovery are upon us but my only advice is to be can do attitude be grateful of a Job.
There is unfortunately not many Jobs out there at all.

Welcome to the park bench and the brown bag club consisting of 3 H800, 2 GIV, 2 GV and 1 DA2000EX easy crews all looking for work.

I have just flown a Cessna Caravan for charity to keep current, I would advise keep your heads down accept the news.

[Pax on the run]

I was very upset to hear that I was not to be employed by netjets back in Summer 2008, after waiting 6 weeks for the outcome of my assessment I received a knock back. It turns out everyone else bar one Italian airforce got the same letter.

Seems like a lucky escape now.

[doubleu-anker]

Pax on the run

"It turns out everyone else bar one Italian air force got the same letter."

Did that not tell you something? Speaks volumes for me.

I take it NJE, is still/was a civilian operation.

Chin up mate, "every dog has it's day", as they say.

I am no fan of netjets, never have and never will be. I must say though, reading through these posts, they appear to be making a conscious effort to keep as many crews on as they can, with job share etc. That has to be commended.

[OATNetjets]

Hi guys,

I am one of the 45 cadets from Oxford Aviation currently on training in the UK. I will finish the training in the next few weeks.

As it has been said somewhere above Netjets is being very generous with us and does not let us down with nothing else. We have to choose between a package "take the money and leave" and an almost equivalent of the "long term leave of absence". If we go for this one and there is redundancy in the future then we will be the first ones to leave the company.

You can imagine that the situation is even more difficult for us. We have made a big commitment to the company, most of us leaving good jobs for the sake of flying in a good company.

Talking with the others guys (and girls) I suppose most of us feel even more committed than before to a company that treats us that way in difficult moments, in the hope that the situation does not go worse.

I understand that some of you have always the cadet scheme was a bad idea, but I do not write to comment on that. Instead, I would rather like to get objective (if this is really possible) opinions on what is going to happen during the newt few months within the company. Hence the following questions:
1°) Do you think that the most senior pilots will choose to go for one the the proposed options? How far from the 300 equivalent full time jobs will we go?
2°) In case we decide to remain committed to the company waiting for the scheme to reopen, what would you do? Find a flying job (and you know how difficult it is at the present time)? Go back to our previous job (aerospace engineer, FBO operations... )?

I thank you in advance for any constructive advise.

[Fat Clemenza]

2°) No what happens, stay in the circuit. Even if that means carrying luggage, at least you keep an inside eye on what is going on.

Only my 2cents

[Holyman]

@ OATNETJETS

1. Top 500 guys at NetJets are a mixed group. Ex military and ex airlines, in the age of 35 to 55. So my guess is that maybe a 100 or 150 or so will choose for 1 on and 1 off year..(rest of the options not viable)

2. So not enough takers over the whole company, so reductions will be made. Plus the fact these crises last 3 years, it will be a long long time (2011 or 2012) before NetJets will take on new pilots. Given the fact the market will be saturated with experienced collegues it moght be difficult to get in.

So, if one could stretch the education upto 2011 one might take the chance and see what happens then. But any earlier than 2011 and no experience you will have a hard time.

Maybe an in between job and try NetJets to commit to take you on the scheme again (without any testing) within the next say 8 years might be the best deal.....

[Qatari515]

Sad to see that NJE is hit this hard by the recession. From the little inside information I have, NJE is one of the best companies to work for in Europe at the moment.

The crisis is hitting everybody hard, but it is good to see NJE is at least trying to offer some viable options to its employees. These options might not seem to be the most pleasant ones, but they beat getting laid off from one day to another.

Good luck to all of you.

[northern boy]

If 150 at the top end of the list take the jobshare option, then added to the entire bottom 300 who really have no choice, that should do the trick. Plus there will a few who will retire via the VR option,I would if I were in a position to and especially if I had a military pension to fall back on. If those numbers fall short then yes, the axe will swing, although not on the volunteers which may prove interesting.

OAT, sympathise with you mate, but at the end of the day you have a frozen ATPL and you are presumably young enough so that you can find a job when things pick up. There are plenty out there who are struggling to find the dosh to finance a license. If things improve enough NJ may well take you back to make good their investment. Until then,welcome to the wonderful world of commercial aviation. Maybe medical or law school would have been better?

All will no doubt become apparent in a few weeks. Hope for the best and prepare for the worst.

[smallfry]

I doubt you will get 150 at the top end of the pile taking job share. you might get a few (at a guess less than a dozen) taking VR, but dont count on it.

[northern boy]

We can sit here and speculate until we froth at the mouth and fall over backwards. Most in the bottom 300 will, I reckon, volunteer for something as they have no choice, if they don't they will be wide open to CR. Until the results are in there is nothing anyone can do so I'm now going to shut my whining trap and intensify my search for alternatives. I'll be happy to talk to anyone via PM's. Lets not air the laundry in public, there are plenty out there who wish us ill and god knows who else is trawling this forum.

[screwballburling]

northern boy

"and god knows who else is trawling this forum."

Correct and just a little reminder:

"I.P. addresses have been known to fall onto other peoples desk tops."

[Duck Rogers]

I.P. addresses have been known to fall onto other peoples desk tops.

Not from here they haven't. We at The Towers go to extraordinary lengths to protect the anonymity of members sometimes in the face of some very heavy (legal) guns.

Feel free to clarify which other sites this might have happened on. It's never happened here.


Duck

[swampthing]

"intensify my search for alternatives"

Northern Boy...

I absolutely agree with you.. it is now for yourself and your family..I have a cosy.. CORRECTION!! .. I had a cosy seniority number.. BUT..that will count for nothing in the end..

I have been through the MILL twice already and it still stinks, I can definately think of a few management figures that would be nice to see out on the street without that nice big BONUS !!!

But as far as looking for alternatives.. I have sent out 20 C.V's and got 20 back !!!

Not a hell of a lot out there !!

Angry, Confused, Bitter, Nerveous and maybe soon to be without a Job... Again

[barista]

Can sombody tell me this. Why our managment hired new crew until six months ago when all over the world other company saw this comming?

Why we are the ones who must resign or share our job on 60% pay? I do not see our dear leaders beeing ask to give up they nice office desk and chair.

They creat our misery but I see them still sitting fat and happy!