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Old 01-31-2022, 09:25 PM
  #581  
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Not too hard if one had some money built up and timed it right. I made 40% in 2020. Not 1.3 million but not bad either
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Old 02-01-2022, 06:50 AM
  #582  
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Originally Posted by hoover
Not too hard if one had some money built up and timed it right. I made 40% in 2020. Not 1.3 million but not bad either
I did 60%. It's actually a funny story. I closed an older 401k from a college employer. It took forever to get the check to my new brokerage. When it arrived it was during that small period where the market was totally in the ****ter. All of this need perspective though. It was only 3500$... So 60% sounds glorious but it was only like a 1800$ increase...
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Old 02-01-2022, 09:12 AM
  #583  
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Originally Posted by FlyyGuyy
I did 60%. It's actually a funny story. I closed an older 401k from a college employer. It took forever to get the check to my new brokerage. When it arrived it was during that small period where the market was totally in the ****ter. All of this need perspective though. It was only 3500$... So 60% sounds glorious but it was only like a 1800$ increase...
Every bit helps. Congrats on your market timing
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Old 02-01-2022, 09:47 AM
  #584  
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I don’t understand all the Netjets hate! I think any time you can work half the year and make over $360k flying airplanes, you’re doing pretty doggone good in my book. Would I go there now? No, because I hope to be in the left seat at Brown in the next few years, but I definitely would have accepted an offer from them years ago when I was in the regional world.

Hats off to the Netjets folks and what they have been able to achieve in their sector of the industry!
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Old 02-01-2022, 06:35 PM
  #585  
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Originally Posted by Grease
I don’t understand all the Netjets hate! I think any time you can work half the year and make over $360k flying airplanes, you’re doing pretty doggone good in my book. Would I go there now? No, because I hope to be in the left seat at Brown in the next few years, but I definitely would have accepted an offer from them years ago when I was in the regional world.

Hats off to the Netjets folks and what they have been able to achieve in their sector of the industry!
Get the facts right. NOBODY makes $360K there "working half the year". This is the result of picking up a lot of extra days, and at the temporarily high pay rate for those extra days. As soon as the company drops the insanely high pay rate for those extra days, it will be back to sub-airline pay.
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Old 02-01-2022, 08:15 PM
  #586  
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Originally Posted by tm602
Get the facts right. NOBODY makes $360K there "working half the year". This is the result of picking up a lot of extra days, and at the temporarily high pay rate for those extra days. As soon as the company drops the insanely high pay rate for those extra days, it will be back to sub-airline pay.
The guy who said he made 360K said he worked 178 days including the extra days. That is less than half the year, though still more than majority at the majors. The amount of extra days offered and the higher pay for them will most likely go away by the end of April. Doing the same schedule without any extra days will most likely be 250K+ in an average year. Working the schedules that have more days will most likely come in around 300K in a normal year, working roughly 200 days. That isn't as good as the majors, but it is catching up with each new contract. That said, the average day to day work experience will almost always be busier with longer duty since it isn't a scheduled operation- that part will never be the same. If I was a younger pilot, I would probably go for the majors, but NetJets is vastly better than it ever was before.
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Old 02-01-2022, 09:02 PM
  #587  
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Originally Posted by jtf560
The guy who said he made 360K said he worked 178 days including the extra days. That is less than half the year, though still more than majority at the majors. The amount of extra days offered and the higher pay for them will most likely go away by the end of April. Doing the same schedule without any extra days will most likely be 250K+ in an average year. Working the schedules that have more days will most likely come in around 300K in a normal year, working roughly 200 days. That isn't as good as the majors, but it is catching up with each new contract. That said, the average day to day work experience will almost always be busier with longer duty since it isn't a scheduled operation- that part will never be the same. If I was a younger pilot, I would probably go for the majors, but NetJets is vastly better than it ever was before.
It is possible to PTO a number of days, work through vacation or any other extra day at 2.5X pay per day, and he is probably in large cabin. I know guys in the Phenom working 216 days a year and didn't get anywhere near 300 large. Most of them in the mid twos. A large cabin guy, doing lots of transcons, raking up the flight time in this record demand period, coupled with our temporary extra day pay is not reflective of the average NJA pilot's pay. Same goes for the supplemental duty guys, they make a lot more. And let's not forget that over $20K of that was our one-time signing bonus. The point I'm making is that if anyone is passing along or trying to sell the notion that $300K at NJA is something the average pilot makes, much less for any amount of time.... well, they are bragging on a rare case and should be more responsible in their storytelling. No NJA isn't a bad job, and the pay/benefits are good. Its on a good track in terms of money and such. We have good equipment. We have a fractional ownership industry leading contract. BUT let's be honest and stop passing a fluke year as the average. I think this falls under the weenie measuring envy category. Just a guess, but probably someone who either fared poorly at the airlines, or never was able to get hired by one. A job is a job is a job. I don't understand the one-upmanship.
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Old 02-01-2022, 10:02 PM
  #588  
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Originally Posted by tm602
Get the facts right. NOBODY makes $360K there "working half the year". This is the result of picking up a lot of extra days, and at the temporarily high pay rate for those extra days. As soon as the company drops the insanely high pay rate for those extra days, it will be back to sub-airline pay.
Simple rounding error. $362k in 178 days. This whole thread contains only snapshots of individuals, so the same disclaimer statement can be made for many of the posts. 2021 was a good financial year for some parts of the industry, including mine. I didn’t hear anyone downing the numbers from the purple or brown folks that had monster years last year. I don’t have a dog in this fight, but the whole thing just seems a little juvenile. Let’s just recognize the dude had a good year at Netflix and move on 😀
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Old 02-01-2022, 10:59 PM
  #589  
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Originally Posted by Grease
Simple rounding error. $362k in 178 days. This whole thread contains only snapshots of individuals, so the same disclaimer statement can be made for many of the posts. 2021 was a good financial year for some parts of the industry, including mine. I didn’t hear anyone downing the numbers from the purple or brown folks that had monster years last year. I don’t have a dog in this fight, but the whole thing just seems a little juvenile. Let’s just recognize the dude had a good year at Netflix and move on 😀
Netflix did have a good year and what a blessing for our industry
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Old 02-02-2022, 05:54 AM
  #590  
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Originally Posted by spacemonkey
Netflix did have a good year and what a blessing for our industry
allong with Sprint, Frontier Communications, USPS, American Eagle clothing. Very good for our industry
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