“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
NetJets Pilots Move Closer to Union Status
Despite concessions by NetJets Europe in a new contract offering in December, the company's pilots are moving to form their own union through the new NetJets European Pilots Association. At press time, a group made up of some of the pilots was expected to incorporate as a trade union under French law and to affiliate with the UK-based Independent Pilots Association. NetJets Europe employs about 670 pilots. The company expects to add 30 airplanes to the 114-aircraft European fleet in 2007.