Originally Posted by
av8or
just read the Q1 Earnings report….. “beat loss expectations” confident on “2022 financial target” …. Hoping for “Pretax profit 6-9%”.
It’s ironic at times but, it’s almost as though Alaska mgmt runs the airline the way a hedge fund would,…. It’s not about profit VIA the product. It’s profit in spite of the product. The core customer…. The REAL one…. is Wall Street analysts. That’s it. Reputation? Employees? Passengers? Reliability? Etc…. As long as they get good grades from Wall Street…… irrelevant.
I think you're 100% correct. It makes me sad to think about because it means we will never get a market rate contract. I've been trying to figure out why in Dave Mets threatening email about sick time use last year in July they went over the cost of cancelling 19 flights in very great detail. Yet we are cancelling 30-40 flights a day with big days cancelling over 100 flights a day. Why did they care so much last year and now they hardly care at all?
It's only leverage for management when they want to threaten us about using sick time when it suits them. Even FO's leaving the airline in record number isn't leverage to get a market rate contract. Amazing.