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Pilots expected to picket Warren Buffett-owned NetJets
Warren Buffett’s peaceful summer stand-off with NetJets pilots is about to end. (nypost.com) Más...Sort type: [Top] [Newest]
If you can't make a living making $131k a year, that sounds like a personal problem. People would kill to make that kind of money in this industry. I know people who make far less and make it just fine!
That's not the point. It's difficult to put a precise number to what these pilots should be making, as the article didn't tell us how much NetJets is making. You sure as hell don't know.
People gripe about how much high level professional athletes make, but when you consider how much the leagues make and, oh yeah, there are no games without the players, it makes sense for them to be well compensated.
Replacement players and desperate scab pilots playing and flying for peanuts just to get the job... No one wants either.
People gripe about how much high level professional athletes make, but when you consider how much the leagues make and, oh yeah, there are no games without the players, it makes sense for them to be well compensated.
Replacement players and desperate scab pilots playing and flying for peanuts just to get the job... No one wants either.
Actually I do... Look at the Berkshire's SEC filings. Do a little research rather than rely on a bias New York post article.
It being a public company, earnings information is in the public domain for BH and each subsidiary. Netjets is a small % of their business but is growing and profitable. Buffett is not that hard of a man in most cases and did make a personnel change that went a ways toward appeasement. All that said, yes, flight crews are an indispensable part of the organization, but they can only be paid what the company can stand and still be profitable, regardless of what the going rate may be. Disputes generally arise in trying to determine that figure.
Here's the thing, Btweston is telling everyone they're missing the point on everything. He is missing the point on the whole industry, and frankly the global economy. He can't figure out that there is more to managing an airplane than just pilots pay and benefits.
Simply amazing all the cost that goes into one to keep it flying. Crew costs are an integral part but are not anywhere near all the labor bill.
Yep, NetJets has been getting newer airplanes over the years (which the owners pay for). But they still have older fleets, I don't even want to know how much a major Zonal Inspection costs. You figure the added costs of that airplane being out of service.
at Av in FSM, we had a 767, a CRJ200, and a King air. We had 7 flight crew + FA for each plane, 5 in mx and heavy stuff sent out, + 3 in Dispatch/Operations, and we were totally 90 and with only 3 planes. Money was good for all and we were totally private but the cost is still there.