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Vistajet Future

Old 7th Mar 2021, 19:32
  #221 (permalink)  
 
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Absolutely, but there is no reason to allow high profile companies getting away with underpaying their workforce who do a great job.
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Old 7th Mar 2021, 19:33
  #222 (permalink)  
 
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Originally Posted by MostAnnoying
The amount you get is quite dependent upon which country you live. Austria is supposed to be quite beneficial, and Spain as well if I believe the person who told me.
The pay we're referring to is brutto and that's a low pay for a "large cabin" business jet. Of course, if you're a low time, little experienced pilot, it's an opportunity to get a type rating, see the world and get a good amount of flying in (something most private jet managed operations lack, in the perspective of a low time pilots with aspirations of moving to the left seat) and I suppose it's not a low pay compared to most airline entry First Officer positions. So, again, each to his own. And right now beggars can't be choosers I suppose.
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Old 7th Mar 2021, 19:34
  #223 (permalink)  
 
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Originally Posted by EatMyShorts!
Absolutely, but there is no reason to allow high profile companies getting away with underpaying their workforce who do a great job.
Absolutely correct. Spot on! Unfortunately this is common for most Austrian and German companies - I don't know wtf is wrong in these countries.
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Old 7th Mar 2021, 20:08
  #224 (permalink)  
 
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Originally Posted by Klimax
Absolutely correct. Spot on! Unfortunately this is common for most Austrian and German companies - I don't know wtf is wrong in these countries.
my guess is ‘supply & demand’. More than enough pilots willing to work. If it was the other way around, pilots would have the benefit. Unfortunately, those times are not the present. I do believe in a few years things might change.
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Old 7th Mar 2021, 22:12
  #225 (permalink)  
 
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The issue in Germany is that almost anyone can go for a CPL/IFR/ATPL, once you are able to count to 3... Competition is really fierce and on top of it you are considered a "rich man" if you make more than 50k EUR per year - before tax.
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Old 7th Mar 2021, 22:18
  #226 (permalink)  
 
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Originally Posted by Setting
3 years after you passed the line check so around 3,5 years. There was a couple of people who did leave early. I wound definitely not recommend it as I've heard they do come after you with lawyers.
... and how much are they charging for it?.... (The Global can be an expensive rating... )
Under which country's legislation are these lawyers chasing the employees who left early ?
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Old 9th Mar 2021, 08:34
  #227 (permalink)  
 
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Anyone with some more intel?
Rumour a few post up suggest they need 40 pilots.

Btw, does VistaJet do fleet transfers from within the company?
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Old 9th Mar 2021, 09:13
  #228 (permalink)  
 
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Originally Posted by dcoded
Anyone with some more intel?
Rumour a few post up suggest they need 40 pilots.

Btw, does VistaJet do fleet transfers from within the company?
hey,

i mailed HR and they were kind enough to call me last week. They could not give too much information yet as they are being swamped with applications. Assessment is fairly generic; phone call to check your motivation and competencies, technical exam (rumors say it’s about ‘your current type’), interview and sim.

when I got the phone call they said it will take a few weeks once applied. You can check your status of your application on the career page. Every update triggers an email to you.
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Old 9th Mar 2021, 10:47
  #229 (permalink)  
 
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Originally Posted by EatMyShorts!
The issue in Germany is that almost anyone can go for a CPL/IFR/ATPL, once you are able to count to 3... Competition is really fierce and on top of it you are considered a "rich man" if you make more than 50k EUR per year - before tax.
And how would that be different in any other European country? Or even non-European?
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Old 9th Mar 2021, 11:06
  #230 (permalink)  
 
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Originally Posted by dcoded
Anyone with some more intel?
Rumour a few post up suggest they need 40 pilots.

Btw, does VistaJet do fleet transfers from within the company?
There is seniority and career opportunities. Fleet changes, upgrade to captain with minimum required hours, possibility to become TRI,TRE...not everything is just money. And money in VJ is not that bad. You can live where you want and pick the gateway that suits you best. VJ never stopped growing and now is getting beautiful momentum. FOMO? apply
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Old 9th Mar 2021, 11:33
  #231 (permalink)  
 
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Originally Posted by TRENDMAN
There is seniority and career opportunities. Fleet changes, upgrade to captain with minimum required hours, possibility to become TRI,TRE...not everything is just money. And money in VJ is not that bad. You can live where you want and pick the gateway that suits you best. VJ never stopped growing and now is getting beautiful momentum. FOMO? apply
Thanks I already applied.
The momentum, is it just form the Globals and XLS's added?
Or anything else going on behind the scenes?

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Old 9th Mar 2021, 11:54
  #232 (permalink)  
 
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One thing nobody ever understood is the profitability of the company.
A lot of announcements are made on a regular basis, with their formidable PR machine, mentioning growing revenues and increasing flight hours, but never ever a mention of that insignificant detail that are costs and the actual profits made since the company was created.
Many consider the business model unsustainable, with new, shiny and expensive jets on what must be eye-watering leases.
But we are only pilots, right?
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Old 9th Mar 2021, 12:10
  #233 (permalink)  
 
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Originally Posted by dirk85
One thing nobody ever understood is the profitability of the company.
A lot of announcements are made on a regular basis, with their formidable PR machine, mentioning growing revenues and increasing flight hours, but never ever a mention of that insignificant detail that are costs and the actual profits made since the company was created.
Many consider the business model unsustainable, with new, shiny and expensive jets on what must be eye-watering leases.
But we are only pilots, right?
https://uk.globaldatabase.com/compan...tional-limited
Just to give you an overview...
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Old 9th Mar 2021, 12:12
  #234 (permalink)  
 
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Originally Posted by TRENDMAN
There is seniority and career opportunities. Fleet changes, upgrade to captain with minimum required hours, possibility to become TRI,TRE...not everything is just money. And money in VJ is not that bad. You can live where you want and pick the gateway that suits you best. VJ never stopped growing and now is getting beautiful momentum. FOMO? apply
Totally true. You just got to adjust your life style accordingly and make the ends meet. It's not like the remuneration numbers at VistaJet are unlivable, they are just a far cry from what you get paid at other operations on the same size airframe - the keyword is substandard on this matter. Personal progression and professional challenges (positive ones!) all add to the balance sheet, not just cash, but unfortunately you don't build brick houses with those.
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Old 9th Mar 2021, 12:13
  #235 (permalink)  
 
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Originally Posted by dirk85
One thing nobody ever understood is the profitability of the company.
A lot of announcements are made on a regular basis, with their formidable PR machine, mentioning growing revenues and increasing flight hours, but never ever a mention of that insignificant detail that are costs and the actual profits made since the company was created.
Many consider the business model unsustainable, with new, shiny and expensive jets on what must be eye-watering leases.
But we are only pilots, right?
Observes have had focus on this for years - yet nothing has happened. VistaJet has not unfolded yet. :-)
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Old 9th Mar 2021, 16:57
  #236 (permalink)  
 
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And I hope they never do. But everyone in the business as you point out has had doubts about the company.

Last edited by dirk85; 9th Mar 2021 at 19:00.
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Old 9th Mar 2021, 20:10
  #237 (permalink)  
 
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Personally I would avoid these guys like the plague. If you are young and need some jet time, sure go ahead especially if you are single with no real responsibilities like a family. Get your time and move on. Other than that avoid unless its all you can get and you do have a family to support etc...then move on when able.
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Old 10th Mar 2021, 08:09
  #238 (permalink)  
 
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Have anyone received any Status updates on your application so far?
Mine is till on "Received Submission"
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Old 10th Mar 2021, 08:21
  #239 (permalink)  
 
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Originally Posted by dcoded
Have anyone received any Status updates on your application so far?
Mine is till on "Received Submission"
when did you apply?

mine is ‘under review’
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Old 10th Mar 2021, 08:51
  #240 (permalink)  
 
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Originally Posted by dcoded
Have anyone received any Status updates on your application so far?
Mine is till on "Received Submission"
Mine is "received submission" aswell.
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