Internal restructuring
European Union
Location of affected unit(s)
Belgium and France
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51.1 - Passenger air transport

128 jobs
Number of planned job losses
Job loss
Announcement Date
30 October 2012
Employment effect (start)
Foreseen end date


NetJets, provider of private aviation services, will let go of 128 Belgian and French pilots. The company claims that social security contributions in both countries are too high when compared with other countries.

Until recently, Netjets paid the social security contributions for all its pilots in England, as the European headquarters of the company is located there. The restructuring is motivated by a recent European law, which requires Netjets to pay social security contributions in the country of residence of its pilots.


  • 30 October 2012: L'Echo


Eurofound (2012), Netjets, Internal restructuring in European Union, factsheet number 74590, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74590.