Wheels Up (135 - NetJets spinoff)

[moxiepilot]

I figured this might get a bit more traffic for discussion here...

So a few of my friends have been hired on with Wheels Up. It's basically uses the same concept as NetJets (the founder is former NetJets executive) but with the majority of the fleet being King Air 350.

I don't really know much about NetJets, and therefore can't make any comparison to this company. Can someone take the time to explain to me what it is like to currently work at NetJets (or be one of the furloughed guys), the upside and down - so that I can have a base line?

I'd appreciate the information, thanks.

 

[Inverted]

 

[Patrick]

Curious to see where this thread goes.....

 

[moxiepilot]

Well, so far - nowhere

I understand there are about 400 furloughed at NJ. And I also understand they are still in contract negotiations. But what I am looking for is information from folks who currently work there or are furloughed about the good and the bad. Doesn't seem like an invitation to a popcorn fest to me, but that's why I ask questions....

 

[mshunter]

This the GAMA thing I've been reading about?

 

[TFaudree_ERAU]

Legalized ponzi schemes FTW!

 

[j4seymor]

Legalized ponzi schemes FTW!

What's the story there?

 

[Inverted]

This the GAMA thing I've been reading about?

GAMA runs the operation from what I understand.

 

[skypilot6]

Yes GAMA is running the Wheels Up operation, with BRAND SPANKING NEW 350's I walked thru one a few months back with 12 total hours. nice plane!

 

[fisher37]

You'll see some Citations soon.

 

[Apophis]

I see their King Airs at PDK every once in awhile. What is the schedule like at Wheels Up?

Sent from my SGH-T999 using Tapatalk

 

[Gators]

6 on/ 3 off I believe

 

[CoffeeIcePapers]

I see their King Airs at PDK every once in awhile. What is the schedule like at Wheels Up?

Sent from my SGH-T999 using Tapatalk

That fugly UP painted on the tail. Ruined a really nice paint job.

 

[BobDDuck]

What's the story there?

They require more and more members to pay their "membership" fees to subsidize the hourly costs that they charge for the aircraft. If they don't get new members signing up and paying the initiation fees they have to charge much, much more in hourly costs. It's not limited to just Wheels Up though. Most fractional outfits face the same problems.

 

[Boris Badenov]

How could they conceivably require more money...they're charging $4000/hour for a king air!

 

[rd757]

How could they conceivably require more money...they're charging $4000/hour for a king air!

Someone has to pay the $100 million note they picked up for the first 22 KA350's, I would guess...

 

[ZeroPapaGolf]

How could they conceivably require more money...they're charging $4000/hour for a king air!

Good god

 

[Kingairer]

Well, so far - nowhere

I understand there are about 400 furloughed at NJ. And I also understand they are still in contract negotiations. But what I am looking for is information from folks who currently work there or are furloughed about the good and the bad. Doesn't seem like an invitation to a popcorn fest to me, but that's why I ask questions....

I'm guessing one thing they don't like about working there, is that they don't work there anymore and are furloughed.

 

[chrisreedrules]

I see their King Airs at PDK every once in awhile. What is the schedule like at Wheels Up?

Sent from my SGH-T999 using Tapatalk

I was just basing out of PDK for the past 2 weeks... I wonder if we ran into each other?

 

[chrisreedrules]

And the pay to fly those KAs is pretty good (from a pilot's perspective). Had 2 friends recently interview and they had good things to say.