An update from the NetJets Association of Shared Aircraft Pilots (NJASAP) on Friday indicates that the union and fractional-share operator NetJets have reached an agreement in principle to resolve issues involved with negotiations over an amended collective bargaining agreement (CBA).
NJASAP, which represents the roughly 3,100 NetJets pilots, had requested an updated contract to try to get its members closer to airline salary and to achieve working condition improvements. The existing CBA between NJASAP and NetJets extends to 2029, but NetJets agreed to voluntary interim bargaining and offered pay raises and other quality-of-life changes. NJASAP, however, didn’t put the offer up for a vote by members because it didn’t think the changes fully matched the increases that airline pilots have recently gained during their contract negotiations.
According to a joint statement issued by NJASAP and NetJets yesterday, “We are pleased to share an agreement in principle for an amended collective bargaining agreement has been reached between NetJets and NJASAP. Our teams are in the process of preparing a formal tentative agreement package that NJASAP can present for a membership vote. As the leader in private aviation, we will continue to keep safety and service at the forefront of all our actions, providing the exceptional travel experiences our owners expect and deserve.”