Airline Pilot Central Forums - Alaska & Jetblue

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- - Alaska & Jetblue (https://www.airlinepilotforums.com/alaska/111208-alaska-jetblue.html)

Quote:

Originally Posted by av8or (Post 2585191)

Years ago I flew with a guy named Colins Bomar. One of the best and most professional guys I’ve ever known. He and his brother were both from Georgia, just south of Atlanta. When the airlines were hiring big time back in the 60’s he and his brother both got hired. Collins went to Eastern, which at the time was, next to Pan Am the gold standard. Top pay. Top equipment. Top routes. His brother was hired at what was a more “regional” airline. Delta. Fast forward 25 years and Colins was the 727 base chief in Atlanta. His brother a senior captain at Delta.

1991..... Eastern folds. Collins looses his job and all his retirement. Flew the rest of his career on Gulfstreams.

2003 His brother retires as the system chief at Delta. Full retirement.

Collins told me once no one could’ve ever predicted that outcome when they were both hired. And nobody would’ve bet against Collins and Eastern.

Arrogance, in the cockpit, in the boardroom,.... on a message board... almost always catches up to ya.

Unless you’re only two years from retirement, might wanna keep that in mind. Just sayin.

This is an excellent post- Thank you.
Sometimes its tough not to presume the best move.

Deleted...why am I even wasting my time with this.

Quote:

Originally Posted by flywest (Post 2585419)

All rates are based off 12 year captain rate. That's why it's important. Most will spend the majority of there time at the top rate as a captain. Unless you want to be a career FO.

Of course 12 year top of scale is important and all (most) pilots aspire to that.

His post however was about how for him, at this point in time, the $36 bump to HIS pay rate resulting from the acquisition, is not worth the upheaval to his personal and professional life that it's about to cause.

Quote:

Originally Posted by OTZeagle1 (Post 2585058)

I have to ask, you said “we do not like it here”. Do you speak for everyone at VX? Or maybe your wife is a VX FA? If so I could put in a word. Maybe get her a job at Compass too.

OTZeagel1 (with 8 total posts since opening his account one week ago) is probably the guy who got pi***d about hearing "Alaskan" on the radio. He has figured out how to operate the internet, his VJJ is hurt and he's got an agenda. Stay tuned for more of his hate on a forum near you...

Quote:

Originally Posted by flywest (Post 2585419)

Most will spend the majority of there time at the top rate as a captain.

I would like a source on that one, first 121 job at age 29, less than 14 years to go, haven’t gotten to 12 year pay yet (still keeping my apps updated, so if I get lucky I will have 2 years at the highest rate, probably FO rates to get the base I want.

Jumpseating on AA and UA, it is amazing how many 20 narrow body FOs I have seen.

Quote:

Originally Posted by MusicPilot (Post 2583944)

Jet Blue doesn’t have a contract and doesn’t have scope. They’re right for the picking. Only problem will be their debt. They are identical to Alaska, with the exception of planes.

From Joe DeNardi in January, 2018:

Most titillating tidbit we read this week on JetBlue came from Joe DeNardi with Stifel Nicolaus and Co.:

Balance Sheet Nearing Fortress Status

JBLU ended the year with on balance sheet debt of $1.2B plus ~$700m in capitalized rent for total adjusted debt of $1.9B and adjusted net debt of $1.2B. That's less than 1x adjusted net debt to EBITDAR giving JBLU the best balance sheet behind Southwest. To think that the balance sheet has gotten to this point by accident is silly, and the company could have used it to buyback stock long ago - clearly, it has more ambitious plans for it which likely include M&A.

We view the likelihood that JBLU targets a ULCC for consolidation as less likely than Hawaiian. All potential deals for JetBlue come with their own bit of messiness, but Hawaiian makes the most sense strategically, in our view. We'd expect JBLU to wait for improved visibility into how much margin compression higher growth from United this year and Southwest's entrance next year will mean for Hawaiian.

But we see it as fairly likely that the eventual structure of this industry are the Big 4, one airline out of Alaska, JetBlue, and Hawaiian, and one airline out of Spirit, Frontier, and Allegiant.

Quote:

Originally Posted by Ispeakjive (Post 2585811)

Lol, how/why did compass get brought up? So random haha

Once Southwest enters the Hawaii market Alaska will start struggling

Quote:

Originally Posted by OCCP (Post 2586280)

Once Southwest enters the Hawaii market Alaska will start struggling

Angle Lake deserves whatever is coming their way from WN.

Quote:

Originally Posted by OCCP (Post 2586280)

Once Southwest enters the Hawaii market Alaska will start struggling

I know this is a trendy thing to say these days but I’m curious as to why you think this? AS competes with HAL, UAL, DAL, AAL, ALG, even WJA for customers to and from the Islands. We’ve held our own and have only increased service due to higher demand over the last decade plus. Why do you think SWA entering the market will drastically effect our market share any more then any of the other airlines listed above? It may shake the current model up a bit but we won’t feel it any differently than any other airline. All airlines are competing for the same pax, not just AS and WN. Why is it so popular to hope we fail? I don’t know about you but I hope we succeed as a company because I have kids to feed and bills to pay.