Charter & Fractional
NetJets pilots set another high salary standard
Early last month the NetJets pilots overwhelmingly supported a major amendment and five-year extension to their collective-bargaining agreement between Net

Early last month the NetJets pilots overwhelmingly supported a major amendment and five-year extension to their collective-bargaining agreement between NetJets Aviation (NJA) and Teamsters Local 1108, the union representing the fractional provider’s pilot group. While the fractional pilots’ contract was not up for renewal, the two sides came together to forge the five-year contract proposal “in the best interests of both parties.” Union and company officials in late April began work on the interest-based bargaining (IBB) agreement and set an aggressive timetable for negotiations.

Six months later negotiations on the IBB ended, and the pilots had until early last month to vote on the new proposal. A ballot count conducted on December 7 revealed that the NetJets pilots approved the amendment, with 75.7 percent of eligible members voting in favor of the measure; voter participation reached a historic high of 95.8 percent.