Alaska & Jetblue
05-03-2018 | 10:55 AM
#121
Gets Weekends Off
Joined: May 2013
Posts: 2,594
Likes: 0
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.
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.
Sometimes its tough not to presume the best move.
05-03-2018 | 03:38 PM
#123
Line Holder
Joined: Apr 2018
Posts: 700
Likes: 0
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.
Last edited by All Bizniz; 05-03-2018 at 03:56 PM.
05-03-2018 | 05:18 PM
#124
On Reserve
Joined: May 2015
Posts: 175
Likes: 1
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...
05-03-2018 | 07:49 PM
#125
Line holder
Joined: Nov 2013
Posts: 4,167
Likes: 226
From: Aircraft & Seat: old & hard
Jumpseating on AA and UA, it is amazing how many 20 narrow body FOs I have seen.
Last edited by symbian simian; 05-03-2018 at 07:51 PM. Reason: Adding
05-04-2018 | 06:59 AM
#126
Line Holder
Joined: Feb 2009
Posts: 29
Likes: 0
From: McBoeingBusEmb
Wrong
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.
05-04-2018 | 07:37 AM
#127
Moderator
Joined: Sep 2017
Posts: 3,202
Likes: 0
From: MEC Chairman, Snack Basket Committee
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...
05-04-2018 | 12:55 PM
#130
Gets Weekends Off
Joined: Feb 2018
Posts: 694
Likes: 0
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.
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