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NetJets Laying Off 500 Pilots
| Nov. 5, 2009
Posted on 11/09/2009 3:43:11 PM PST by george76
Demand for private jets is way down and NetJets will lay off almost 500 pilots as a result -- almost 20% of its staff of 3,000 pilots.
because of a decrease in demand.
NetJets is a unit of investor Warren Buffett's Berkshire Hathaway
(Excerpt) Read more at businessinsider.com ...
TOPICS: Business/Economy; US: New Jersey; US: Ohio; US: South Carolina
KEYWORDS: avaition; berkshire; berkshirehathaway; bhoeconomy; buffett; economy; layoffs; netjets; ojobdestroyer; pilots; unemployment; warrenbuffett
posted on 11/09/2009 3:43:11 PM PST
I am amazed - Hussein told us just a couple of days ago that all was well and the amount of unemployed was ‘slowing’. /sarc
posted on 11/09/2009 3:44:39 PM PST
(Barack Hussein 0bama=The Complete Destruction of American Capitalism)
How’s your Hopey Changey workin for ya Warren??
Pray for America’s Freedom
posted on 11/09/2009 3:49:29 PM PST
(America Gu Bra)
Good news!! Obama kills jet-leasing business!! Well, they still have Roger Federer as a client (guessing here)....
posted on 11/09/2009 4:04:10 PM PST
by hoosier hick
(Note to RINOs: We need a choice, not an echo....Barry Goldwater)
These are good paying jobs. This one really bites other businesses that count on these pilots spending money in their communities. Obama is such a wonderful change and hope artists.
posted on 11/09/2009 4:08:11 PM PST
(There is no "O" in Transparency.)
Buffett's cutting back on airlines and going with railroads!
posted on 11/09/2009 4:11:42 PM PST
by Willie Green
(Go Pat Go!!!)
If their are 500 pilots, let us consider all the support, maintainence, etc all the way to spare parts suppliers keeping the birds flying. Now consider all those desinations they used to fly to to spend money.
Any Obamaton telling me the economy is turning around is smoking crack.
posted on 11/09/2009 4:15:56 PM PST
Hey, when people don’t have the money to take vacations, lose their homes, have only party time jobs, if they still have a job left........They stop flyin...
posted on 11/09/2009 4:19:31 PM PST
“I don’t invest in anything I don’t understand”
posted on 11/09/2009 4:19:59 PM PST
This is a major indicator of the state of the worlds economy.
Very similar in its indicator value to the cargo container/shipping decline and its related ripple effect on trucking/transport areas of the economy.
posted on 11/09/2009 4:32:16 PM PST
(Cogito, ergo conservatus)
And obviously small business people have slowed up....
But, Obamas stimulus reporters will maintain they saved another 500 jobs, not only that they have to add in the spin offs.....
The good part per the MSM will be that 2,500 pilot jobs were saved ... yep ... glad my company only has ten of us and we’re doing ok, sorta (would like more hours).
posted on 11/09/2009 4:51:07 PM PST
('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
To: himno hero
“Obamas stimulus reporters will maintain they saved another 500 jobs”
They just transfered them from payroll checks to unemployment checks which they consider jobs.
posted on 11/09/2009 4:58:38 PM PST
or they hired them to paint some street green/////
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