Proudly All Boeing?
06-07-2019 | 03:18 PM
#71
Banned
Joined: Dec 2009
Posts: 3,655
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From: Narrow/Left Wide/Right
No disrespect to you but is this straight from the horses's mouth, I mean, the donkey? How many times has this management's promised fleet growth plan or any other plan for that matter come to fruition? These same management types promised us: 2,000 by 2,000, major QOL/line/pairing improvements once the MDs went away, Vision 2010, no need for Scope because "they would never do that!", negotiations in good faith, and countless empty and unfulfilled promises.
4,000 by 4,000? This is our new target? I guess it will be well after Hell freezes over and global warming wreaks havoc on its icebergs. Even if this minuscule growth takes effect, how will we find quality pilots? I hear 50% of our new hires require additional training. We are not hiring the best obviously. I'm seeing this on the line as well. This place is bleeding from both ends with no end in sight. The best thing that could happen to this pilot group is to be bought out or another D-day effort by real airline. By the way, JD Powers is fixed, if you haven't already caught on by now.
4,000 by 4,000? This is our new target? I guess it will be well after Hell freezes over and global warming wreaks havoc on its icebergs. Even if this minuscule growth takes effect, how will we find quality pilots? I hear 50% of our new hires require additional training. We are not hiring the best obviously. I'm seeing this on the line as well. This place is bleeding from both ends with no end in sight. The best thing that could happen to this pilot group is to be bought out or another D-day effort by real airline. By the way, JD Powers is fixed, if you haven't already caught on by now.
06-07-2019 | 09:50 PM
#72
Gets Weekends Off
Joined: May 2017
Posts: 936
Likes: 1
737 upgrade at SFO is now under 3 years at UAL. Conservatively a 1/2 million dollar pay difference over the next 10 years, at least for my personal situation. I wish they’d call...
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06-08-2019 | 06:24 AM
#73
Prime Minister/Moderator
Joined: Jan 2006
Posts: 44,863
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From: Engines Turn or People Swim
06-08-2019 | 08:33 AM
#76
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Joined: May 2018
Posts: 1,241
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All I see is 32 MAX9s on order yet to be delivered. I can’t find options anywhere, but it would take 40 options to be fully exercised just to replace the 73 Airbuses on an airframe.
If the “new” order is 40, then that means 32+40 = 72 firm just replaces the Bus fleet. Until options are exercised, they seem meaningless.
From the original 50 Boeing order press release:
“Alaska Airlines currently operates 120 Boeing 737s. The new firm aircraft order, plus 25 existing firm delivery positions, give the carrier the flexibility to manage its fleet size to meet air travel demand over the next decade. Two-thirds of the aircraft are expected to replace older airplanes. The remaining firm orders and options will enable Alaska Airlines to grow assuming sufficient customer demand and that the company continues to achieve its profit and return on invested capital goals.”
2/3 were for replacement of older Boeing’s. Only 1/3 of those 50 were growth.
If the “new” order is 40, then that means 32+40 = 72 firm just replaces the Bus fleet. Until options are exercised, they seem meaningless.
From the original 50 Boeing order press release:
“Alaska Airlines currently operates 120 Boeing 737s. The new firm aircraft order, plus 25 existing firm delivery positions, give the carrier the flexibility to manage its fleet size to meet air travel demand over the next decade. Two-thirds of the aircraft are expected to replace older airplanes. The remaining firm orders and options will enable Alaska Airlines to grow assuming sufficient customer demand and that the company continues to achieve its profit and return on invested capital goals.”
2/3 were for replacement of older Boeing’s. Only 1/3 of those 50 were growth.
Options are meaningless? Huh?
Options are positions paid for by Alaska, we wouldn’t purchase them if there was no intent, we are way to frugal for that. Options allow AS management to release a smaller future liability to Wall Street, which they are much more likely to palate. To date every Alaska 737 option has been exercised. Past two orders only saw additional options being exercised.
On the date of the acquisition, AS had almost exactly the same number of 737 firm orders and positions as VX had total airframes. This has been answered several times, to include myself last summer on this board. 59 737-9 replace all the Bus capacity, a number we don’t like but management does.
06-08-2019 | 12:14 PM
#77
Gets Weekends Off
Joined: Apr 2016
Posts: 159
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From: GearBbychoice
Options are meaningless? Huh?
Options are positions paid for by Alaska, we wouldn’t purchase them if there was no intent, we are way to frugal for that. Options allow AS management to release a smaller future liability to Wall Street, which they are much more likely to palate. To date every Alaska 737 option has been exercised. Past two orders only saw additional options being exercised.
On the date of the acquisition, AS had almost exactly the same number of 737 firm orders and positions as VX had total airframes. This has been answered several times, to include myself last summer on this board. 59 737-9 replace all the Bus capacity, a number we don’t like but management does.
Options are positions paid for by Alaska, we wouldn’t purchase them if there was no intent, we are way to frugal for that. Options allow AS management to release a smaller future liability to Wall Street, which they are much more likely to palate. To date every Alaska 737 option has been exercised. Past two orders only saw additional options being exercised.
On the date of the acquisition, AS had almost exactly the same number of 737 firm orders and positions as VX had total airframes. This has been answered several times, to include myself last summer on this board. 59 737-9 replace all the Bus capacity, a number we don’t like but management does.
06-08-2019 | 12:48 PM
#78
Banned
Joined: May 2018
Posts: 1,241
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No one would argue... but if you wanted huge growth, you went to the wrong airline. They will hold on to those options I am sure until that Max is flying.... free insurance. From everything I have seen, 6.5 to 7 year upgrade going forward. Steady but reasonable growth. Probably 3,700 pilots in 2025 if I had to bet my own money on it.
06-08-2019 | 02:36 PM
#79
Banned
Joined: Nov 2013
Posts: 4,378
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From: 7th green
Guess who the launch customer for the MD-90 was? Guess how many AS took? NEO options can easily be cancelled. As opined here before, those could just have been used as leverage to get better MAX prices.
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