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Originally Posted by WutFace
(Post 2592056)
I would be very cautious throwing judgement around so freely. Alaska's not in a great position at the moment either. To be honest, they look like they are in a far worse position than Virgin was at the time of buyout.
The AS sales model in its current form isn't scalable. You have regional loyalty, and that's it. You don't have the route network of the Big 3. You don't have the national brand loyalty like Southwest. And you don't offer premium services like Jetblue or the former Virgin America. I don't know how AS sells tickets outside of the PNW. Virgin, on the other hand, could have been the JetBlue of the west. They had a product that was scalable and could have reached niche markets nationwide. To write VX off as an inevitably failed airline from the start is arrogant and ignorant. But I've come to expect nothing less. |
Originally Posted by OTZeagle1
(Post 2592094)
This sir is a clueless rant. You really have no understanding of even the most basic concepts of airline economics. VX lost 300 mil in 10 years. I don’t even know where to start. I do understand your frustration though, change is hard. Your thoughts and beliefs are fabricated from scattered emotions and not solid economic data.
What VX did or didn't do in its infancy is irrelevant. What matters is that it was breathing on its own when the plug was pulled. Yes, I have a very specific point of view. But from this viewpoint, I don't see how AS survives with all the room they are ceding to SWA in CA and Delta moving into SEA. I'd love to catch up with you when we're in AA indoc in 5 years. We can debrief our speculations. |
Originally Posted by OTZeagle1
(Post 2592094)
This sir is a clueless rant. You really have no understanding of even the most basic concepts of airline economics. VX lost 300 mil in 10 years. I don’t even know where to start. I do understand your frustration though, change is hard. Your thoughts and beliefs are fabricated from scattered emotions and not solid economic data.
Seriously dude, you’re better off eating your moldy crew meal and circle jerking in your 737 cockpit than coming out and talking financial sheets and not understanding how much capital kept getting dumped into Virgin. All this while most of your profits came because your group didn’t have a spine to get scope while most of your growth is being flown by RJs. |
[QUOTE=OTZeagle1;2592059]
Originally Posted by IamAlaska
(Post 2592057)
I do read the financial statements and have listened to every single quarterly earnings call for the past several years. Let’s put this into perspective, considering Alaska signs my paycheck every month, I have as much of a vested interest in the success of the company as anyone. Let’s hope you are right and I am wrong on this one.
Consensus Q2 is $1.76 per share With nearly 30,000 shares of ALK, I really know where the I’s are dotted and T’s are crossed. This stock is poised to explode over the next 36 mos. Do yourself a favor and participate in the espp and buy! |
Originally Posted by atooraya
(Post 2592129)
Tesla lost $2B last year. Those employees would be lucky if Chrysler bought them.
Seriously dude, you’re better off eating your moldy crew meal and circle jerking in your 737 cockpit than coming out and talking financial sheets and not understanding how much capital kept getting dumped into Virgin. All this while most of your profits came because your group didn’t have a spine to get scope while most of your growth is being flown by RJs. Tesla, I own a Tesla X. I love the car. You think Elon is selling to Chrysler. Your on drugs, be careful you don’t get caught. It is remarkable what TESLA is building, the solvency of the business plan is still the big unknown, the product however is fantastic. They need to keep raising significant capital which is a concern. The E production needs to increase significantly to drive down cost, and increase revenue. PE is pretty high though, yikes. I would never bet against Elon though. Tell me you are trying to compare TESLA and all if it’s technology to Virgin America. Oh I am laughing to hard now, oh it hurts, are you kidding me. You took a couple of gates, a couple of jets, put stickers on them and sold tickets. Your right the stories are identical. What do you think the intellectual property of Tesla is worth? How about VX, maybe a buck. Dude buy index funds only, you are clueless, but a romantic! Come back to the big boy table when you are flying turbo fans solely on battery power. |
[QUOTE=Excargodog;2592130]
Originally Posted by OTZeagle1
(Post 2592059)
You have 30,000 shares.... $1.8 million in a single company? And the one you work for at that? If your financial manager told you that was a good idea, fire him. If it was your own idea - get a financial manager. One who can spell 'diversify.' |
[QUOTE=WutFace;2592097]I'd love for you to enlighten me with a point-by-point assessment of how AS sells tickets outside of OR, WA, or AK.
What VX did or didn't do in its infancy is irrelevant. What matters is that it was breathing on its own when the plug was pulled. Yes, I have a very specific point of view. But from this viewpoint, I don't see how AS survives with all the room they are ceding to SWA in CA and Delta moving into SEA. I'd love to catch up with you when we're in AA indoc in 5 years. We can debrief our speculations.[/QUOTE Alaska is doing quite well advancing market share in California. Hitting all the targets set. Alaska is expected to pull roughly 7 and a quarter in 2019 and 8 and a half in 2020. Pretty shady numbers I know for you, an astute business extraordinaire. Ask yourself how many other S&P500 companies are expected to turn similar profit margins over the next 3 years. Never mind let’s go back to the company on life support, taking itty bitty breaths on its own. Great idea! Dude buy Gold! |
[QUOTE=WutFace;2592097]I'd love for you to enlighten me with a point-by-point assessment of how AS sells tickets outside of OR, WA, or AK.
Uhm, the Internet. I am almost nervous to ask. Do you know what that is? |
Originally Posted by OTZeagle1
(Post 2591492)
How much would b6 have made if their pilots were making the same hourly rate as you, had 15% match, and your medical, oh and their FA’s made the same as Ours. You clearly are no math expert!
I will help you out because there is 0% chance you could figure this out on your own. Those 4 improvements would cost b6 roughly 73 million a quarter. No pilot at b6 is happy, please take your math and go and work there. |
Originally Posted by mking84
(Post 2592152)
Oh its the pilots fault......jesus
No no no My point is, I wouldn’t be bragging about profits a company makes built solely on the backs of labor. |
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