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Netjets 1 year on 1 year off??

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Netjets 1 year on 1 year off??

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Old 2nd Jul 2009, 23:46
  #21 (permalink)  
 
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Looks like we need more roadshows and more FAQ-documents
EatMyShorts! is offline  
Old 3rd Jul 2009, 08:02
  #22 (permalink)  
Flintstone
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No, no, no. What you really need are more smoke and mirrors. Ah, I see what you did there
 
Old 3rd Jul 2009, 09:32
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Babemagnet why can't your friend cover his bills on 60% which is at least €34000/year, with BUPA, Life Insurance etc?
UK minimum wage works out at around €16000/yr working 300 days 9am-5pm.
Total earnings suplimenting your 60% with minimum wage = €50000
This is the same as I earned in the military and no I do not have a pension.
Tell your friend that if he is willing to earn minimum wage (I am sure someone with the ability to be an airline pilot could easily find a job earning more) that in his first year off he is only taking a €6500 pay cut.

Can he downgrade his car? Remortgage his house? Sell the boat? Ebay all the stuff in the attic?

Granted in the year he is flying he won't be able to do another job 300 days/yr but he could still work behind a bar, on a building site or driving a cab on his 5 off. I know it is not the glamorous lifestyle he is used to but we must all adapt to survive. I good friend of mine's father used to be the senior training captain for Cathay and he spent years and years driving cabs and doing odd jobs to get by when times were hard. It builds character!!

Many people are surviving in this world on far less money/yr. Is he going to have his house repossessed on €34000/yr if so he needs to downscale and spend less.

Ducking for cover and standing by for incoming.
R Birkin QC is offline  
Old 3rd Jul 2009, 09:54
  #24 (permalink)  
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Roly.....m'learned friend...........mumblemumble

You are of course right and many of us have worked the jobs at which others sneer. Why, I recall when I was given the task of removing lobsters from Jane Mansfield's ar*.................... but I digress.

Then again we have to wonder about babemagnet's motives here. A genuine post out of concern for his/her friend (keeping the options open here) or a not-so-subtle attempt at publicising the NJ situation? Who knows.

Pass the port would you old chap?







*With apologies to Messrs P. Cook & D Moore.
 
Old 3rd Jul 2009, 10:44
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I'll pass the port but take care to not let it touch the table!

Last edited by R Birkin QC; 3rd Jul 2009 at 10:44. Reason: Gammar?
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Old 3rd Jul 2009, 17:12
  #26 (permalink)  
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It is not so easy to sell your house nowadays! that why its hard to survive with 60% on an fo salary instead of 100 %
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Old 3rd Jul 2009, 19:44
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EMS.. Sorry to disappoint.. but you are slightly wrong.. you may work for other orginisations " as long as you recieve the written consent of netjets beforehand" ... on the centre page of the volentary programme for crew info sheet... " which must have cost a fortune to print and sent out to all pilots and cabin crew... "
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Old 3rd Jul 2009, 21:40
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Wops, I was convinced that no written consent was required, because I read the following question and answer in the FAQ:
Question: Just to confirm, flying freelance for a charter operation would be possible?

ANSWER: Yes. You may not work for fractional ownership private aviation operators, as these are direct competitors. There is not a definitive list because new operators come into the market.
So, in fact Flinti was right, we still need this silly "written consent" thing... well, it will not be applicable to me, but I was wishing and hoping that it would be easier for those who take LTLOA or JS so they can work outside NJE without any special bureaucratic barriers.

Thanks for correcting me!
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Old 4th Jul 2009, 08:14
  #29 (permalink)  
 
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What do you think out there? Does the reputation of Netjets take a hit and people leave when better times are back in aviation?
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Old 4th Jul 2009, 08:43
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I disagree that NJ reputation should take a hit.
Why? It is suffering from depressed business (like others).
It is taking steps to deal with overcapacity. (partly self induced)
Unlike others it is at least offering some options. The options are not all great, and some people are being forced to make a decision that they would rather not. However, NJ could just as easily said - right, last 300 - you're out!
- In the days of DM that is probably what would have happened, and to be fair, it would have been more efficient and clinical - and cost the company a lot less! But would that do the reputation more damage? - Who knows?

Not a comparison in anything other than semantics, Virgin makes pilots redundant everytime the economy sniffs, BA tries to not make people redundant (union strength). Do you think Virgin has a bad reputation?
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Old 4th Jul 2009, 18:18
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@babemagnet

Selling the house would be the last thing your friend needs to explore, unless he has been living above his financial health that is. The argument on the taxi driver is in fact quite valid. Did that myself trying to survive during flight training days. What is your background? With the cash from the VR you can easily renew your previous rating or get another one for that matter. But make sure you have employment options first!
Best of luck .
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Old 4th Jul 2009, 20:12
  #32 (permalink)  
 
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NJE lay Offs

Its difficult times for all of us in corporate aviation. My personal opinion is that NJE has done everything possible for as long as possible to avoid the blow.
I worked for NJE for 6 years and Joined the private sector 18 months ago. I am now on my second position due to the climate.

I would seriously consider the options given, there is very little out there I am part of a group all looking for work CE550/H800/GV pilots all looking for work I have been the only fortunate one of late and landed a GV position after 5 months of nothing.
Yes we would all like the cosy Jobs, benefits and salary but i am afraid its very tough in the european market its time to ride the storm.
I was fortunate enough to fall back on my previous engineering licenses GIV/GV/DA2000 until i found another flying position, but even on the engineering side its been very slow, AC not being used less hours less maintenance. FSI are due to lay off soon as well.

I would brush up on any skills you have
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Old 4th Jul 2009, 22:11
  #33 (permalink)  
 
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In the US it works already (slightly different options though) NetJets Averts Pilot Layoffs and Furloughs: AINonline

Great time to do up the house or get a different degree
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Old 5th Jul 2009, 12:00
  #34 (permalink)  
 
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".....get a different degree."

Interesting comment. Does every pilot have to have a degree? Do NJ require a dregree from their employees? I know a lot who don't. Some people could consider doing a degree, perhaps.
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