Home > NetJets > NetJets to Furlough 495 pilots

NetJets to Furlough 495 pilots

Top management at NetJets decided that they could no longer keep all their pilots in the operation. 495 pilots will be furloughed by January 2010. NetJets CEO, David Sokol, was on CNBC the other week claiming that business was down 20% and that the market would remain soft for some time. He avoided any furlough issues and it seemed obvious that he knew what was going to happen.

 

 

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