Netjets Aviation (USA) and Netjets International are all one company now and the seniority lists are merged
Order for 50 Global Expresses with options for 70
Purchased Marquis Jet in November
Purchasing up to 125 Embraer Phenom 300s; 50 firm orders and 75 options
Three different schedules: 7 on, 7 off; 15-day flex (max 5 days on, followed by minimum 3 days off in any combination up to 15 total days per month; 18-day PBS (fixed 18-day schedule organized around a Preferential Bid System)
Hawker 4000 deliveries have been delayed
Fleet figures below do not include Netjets Europe or Executive Jet Management
NJA currently matches 50% of pilot contribution up to the IRS annual maximum limit
However, they match 50% of 15% during the year; NJA "catches up" the remainder as a lump sum deposit at the beginning of the following year
NetJets is owned by Warren Buffett's Berkshire Hathaway
NetJets pays 100% of insurance premiums for health, dental and vision plan effective at DOH
This page last updated: Nov 15, 2011 (pilot and furloughee count)
Normal = 7 days on, 7 days off (or 15.2 days/mo)
Reserve = 18 days/mo
-Overtime rate: 150% of hourly rate equivalent
-Extended day rate: 150% of daily rate equivalent
-Extra pay for holidays, early starts, long days, and late returns on final day
+COLA = 2.5% automatic increase per year or COLA, whichever is LESS
