Originally Posted by
Bond
I know who you are, you don't know me as well.
You keep thinking you do but every fact you ever tried to post about me has been completely wrong.
Thus, you don't know that I voted no on our concessionary contract, so please stop acting like you know what I did, or didn't do.
I never said I knew how you voted. I spoke of the outcome of the pilot group.
Our concessions have nothing to do with this, our company was simply not profitable at the time, and some of our pilot group believed the survival of the company rested on concessions, many of us, but not enough disagreed.
So if we lose Midex and start taking a loss it's ok for us to take a cut then?
Now we are talking about RAH here last I checked. To that end, you didn't answer the most simple of questions:
If the pay offered by management is substandard will you fly the equipment?
It's a yes or no question. There is no middle ground on it. It's the same as if I asked you if you would cross a picket line? It's a yes or no question.
I answered it perfectly clear. I'll re-post it. (I even wrote "That Simple" to show how simple it really was to understand)
Well if you've read any of my previous posts regarding our situation you'd see I, nor anyone else, plan on flying any new additional aircraft for a number that doesn't seem fair. What determines fair will be based on many things from industry averages, company growth/finances, future outlook, work rules, and so fort. A simple "We want JBLU +$10" will get laughed at without something substantial to back it. If the time ever came I'd sit down, plug out the numbers, and decide where I'd draw the line. If not met they can keep them. I won't vote for a new larger type of aircraft on property at the expense of mainline pay or jobs. That simple. I'm content with being an FO until that is met.
Jetblue + 10% is their rates adjusted for inflation (rounded off to the nearest percentage point), surely a "financial" wiz of your statue would know that.
1)you didn't say 10% 2)What inflation? To adjust their rates for inflation you'd take their current rate then adjust it for the average of 2.5-3% to year. That would be a match. Secondly JBLU has workrules that pay more per hour. A wiz of my
stature does know that. Wiz=General education and ability to read.
By the way, your buddy at fedex must be on the panel, and since they haven't hired anyone in almost a year, even if he was on the right seat, that still means he didn't fly it year 1.
Who said FedEx? You said UPS. I jumpseated on UPS. The guy had just completed three weeks of flying abroad and his wife gave me a ride to the terminal. Since it was the only time I took UPS to work I'm pretty solid on the info.
And since unlike the rest of your group, you seem to defend your CEO's every action, it should be noted, that because of his actions, the furloughed pilots and crew members at Midwest are not coming back.....geez, I wonder where in history I've seen this? Maybe around the mid to late 80's, and the same exact circumstances...what was that guy's name? Oh yeah...Frank Lorenzo!!! Turns out he's got quite the following, J.O., Hulas, Bedford.....guy's a hero around your parts.
It's hard to take anything you say serious when this is the junk you try to spout off. I don't defend his actions. Never have. If you'd read my post I've pointed to that several times. However I have said he's good at making money. That's his job. Because of his actions the midwest guys aren't coming back? You sure it's not their management and the decisions they've made the past few years that had anything to do with it? Or the lack of strike from their pilot group so the work could then not be flown? You're saying you would have rather watched the doors close last year and all them be on the street?
We're locked in with CAL for the next 6 and half years, so it's highly unlikely we would see the inside of a court room, besides, you clearly don't understand the terms of our CPA, if you did, you would know that it's equally beneficial to CAL that we stay a float.
Learn how BK works. Your CPA and agreements with CAL mean jack if they go BK. You can see this first hand with why DAL/US Air want Mesa to declare BK or you can simply look at what happened at airlines that have declared BK in the past. XJT pays money each month for the aircraft to fly for CAL. If they can't make payments then those aircraft will go to someone who can and there's nothing your contract can do about it.
Google
It's interesting, cause you guys will only have 15 frames on property with CAL by the end of the year and not even 20 departures out of IAH by the end of summer, and you really think you still have an in with CAL, oh yeah, that's right, you talked to Larry a while back, and he told you how much he loves CHQ, right after they accelerated the retirement of the CRJ's and some of the 145's (which are being leased to Aeromexico).
CRJ's are being accelerated? Since when? The ERJs are not being leased they are sold. Lastly the aircraft pulled off CAL will be replaced with aircraft ending their contract with UAL.
So we get to pick up the slack, by keeping 10 extra frames above CPA in service to cover the CRJ's and some of the 145's. The only way, you guys could see growth at CAL, is if scope goes away, and you know perfectly well where the CAL pilots stand on that, if you don't, next time you're hanging around IAH, approach one of them and ask them, you may need about 2 hours, cause that's about how long their going to go into it. Management has nothing else they can take away from them, and during negotiations, they've already turned it down.
Wait you're picking up slack? You sure it's not just reduced flying?
We got as much chance of going belly up, as you guys do, that should tell you something.
Yea that one of us is drinking kool-aid. XJT has gone from an adjusted(due to reverse split) $147 per share to $1.11 per share with -7.83 EPS(that's earnings per share). The
cash flow has gone from -$102million in 2007(When "everythings just fine branded's doing great") to -$131 million in 2008(Branded closed and contract signed with CAL for a loss).
enterprise value of the company is -30.1mil vs RAH at 2.41bil and SKYW at 1.93 bil.
Profit Margin is -6.69% vs 5.72% and 3.23% respectively.
Operating Cashflow is -56.09m vs 242.29m and 415.54m.
So telling me that we "got" the same odds is complete bull. XJT is the weakest followed by RAH leaving SKYW as the king of the regional world. "It should tell you somthing" and it sure did. That you can't use google(or yahoo) and that you make up facts. All of those numbers are free and available to the public and took maybe 10min max to look at them all. I'll even make it easy for you.
XJT: Key Statistics for EXPRESSJET HLDGS INC - Yahoo! Finance
RJET: Key Statistics for Republic Airways Holdings, Inc. - Yahoo! Finance
SKYW: Key Statistics for SkyWest, Inc. - Yahoo! Finance
I think I had you jumpseating on a flight of mine and when you fell asleep we kept hearing "everything here is great" being mumbled lol
You may not see the big picture, but the rest of the industry is relying on you guys getting a good contract, and CAL getting a good contract, as it will set the bar for future negotiations.
Do you? Where does a regional taking a paycut fit into it all? You think it helps things? You don't think the company isn't using that as a reason to show why we're too expensive as is?
I am glad you're no involved with the negotiations at your company, you seem to have almost an adoration for your management.
I don't think you'll find anyone more hard-up for better wages. Saying my management is good at making money doesn't mean I don't think I deserve my slice of it.
Now remember before jumping back in with a rash of facts that would be more credible from a F/A of a bankrupt asian airline. Try reading first. Then go back and read it again. Then go onto google or yahoo and find things that support those wild statements. I also don't think you really know the story of Lorenzo so I went ahead and found that for you too.
Frank Lorenzo - Wikipedia, the free encyclopedia
Enjoy!
Who says spoon feeding isn't fun!