NetJets Europe Fight$ To Retain Pilots

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Nearly 700 pilots and flight attendants working for NetJets Europe will see their compensation packages improve next year after the company this year lost close to 50 employees to airlines and other suitors, according to a report by Flight International. For starting captains, the new deal will translate to a salary boost pushing dollars from just over $100,000 to $125,000 each year while first officers will enjoy the bump from near $66,000 to $75,000. Merry Christmas. But that's not all; the company's desire to retain workers is also flowing through improved contracts and work schedules that guarantee "six days on to five days off," according to NetJets business development manager Robert Dranitzke.

The changes are expected to cost the company $30 million next year when NetJets will add 30 aircraft to its 114-jet European fleet. Expect that to translate to approximately 180 more people, including attendants and pilots.