“Don’t play games that you don’t understand, even if you see lots of other people making money from them. ”
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.