FA, MX, DX Updates

STATEMENT ON MAINTENANCE NEGOTIATIONS

May 10, 2017

NetJets and the Teamsters union, which represents NetJets’ 213 unionized maintenance professionals, have been in contract negotiations for more than 5 years and have yet to reach an agreement. As a result, NetJets recently applied for mediation with the National Mediation Board (NMB), the federal agency charged with oversight of labor relations in the air and rail industries. NetJets looks forward to the mediation process and is hopeful that the fresh perspective and assistance provided by the NMB mediator will help the parties conclude a fair and reasonable contract – just as we have done over the last 18 months with the unions representing our 3,000+ unionized pilots, flight attendants, and dispatchers.