“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”
NetJets Pilots Raise the Salary Standard
In December, NetJets pilots voted overwhelmingly in support of a major amendment and five-year extension to their collective bargaining agreement with NetJets Aviation. The pilots are represented by Teamsters Local 1108. While the contract was not up for renewal, the two sides nevertheless came together to forge the extension "in the best interests of both parties." NetJets first officers' first-year pay climbs from $39,000 to $56,875 under the seven-days-on/seven-days-off schedule. This eclipses the previously industry-leading salary for new-hire first officers of $40,000 at CitationShares.