Union Dues
06-04-2020 | 05:38 AM
#293
On Reserve
Joined: Dec 2015
Posts: 124
Likes: 31
Please argue with OTZ on a new thread. This never ending back and forth has kept a thread that questions union dues on top of the Alaska forum for several weeks. If OTZ's mission is to undermine the union, every post on this thread is helping him achieve his goals.
06-04-2020 | 09:34 AM
#294
Banned
Joined: May 2018
Posts: 1,241
Likes: 0
This is the exact reason the union should have said something.... You have 400 people on a manic ride. One minute they are low realizing the unthinkable is about to happen, the next sky high because AAL is running new hire classes, and back straight down when they realize it wasn’t true.
Right now AS is running about 24% of its 2020 planned schedule at 40% load factor, at 65% of last year ticket pricing. Right now fall looks about a 40-50% load on a significantly reduced schedule. We are forecasting 817 bid blocks August ‘21. Everyone is smarter then this but I get it, I have lost a loved one, everyday I woke up I was happy, then I remembered. No matter where you are on the seniority list you want to believe the impossible, I get it.
Right now AS is running about 24% of its 2020 planned schedule at 40% load factor, at 65% of last year ticket pricing. Right now fall looks about a 40-50% load on a significantly reduced schedule. We are forecasting 817 bid blocks August ‘21. Everyone is smarter then this but I get it, I have lost a loved one, everyday I woke up I was happy, then I remembered. No matter where you are on the seniority list you want to believe the impossible, I get it.
06-04-2020 | 09:38 AM
#296
Banned
Joined: May 2018
Posts: 1,241
Likes: 0
I will make this really simple:
Alaska made 8,781,000,000 in 2019
If revenue returns at 70%, that means AS has a 6,147,000,000 dollar pile of money for 2021.
The costs to run our full operation are about 7,718,000,000, that means we would be short or lose (1,571,000,000) for the year. That would not work.
If we reduce our operating costs by 20%, our expenses will be roughly, 6,174,000,000
70 % 2919 revenue 6,147,000,000
Minus 80% 2019 costs -6,174,000,000
Equals a survivable negative number (27,000,000)
We are not Southwest, we do not have Southwest cost structure. We are determined to survive this and take advantage on the backside. We are not looking to become one of the big 4, we are about responsibly growing our brand.
Alaska made 8,781,000,000 in 2019
If revenue returns at 70%, that means AS has a 6,147,000,000 dollar pile of money for 2021.
The costs to run our full operation are about 7,718,000,000, that means we would be short or lose (1,571,000,000) for the year. That would not work.
If we reduce our operating costs by 20%, our expenses will be roughly, 6,174,000,000
70 % 2919 revenue 6,147,000,000
Minus 80% 2019 costs -6,174,000,000
Equals a survivable negative number (27,000,000)
We are not Southwest, we do not have Southwest cost structure. We are determined to survive this and take advantage on the backside. We are not looking to become one of the big 4, we are about responsibly growing our brand.
06-04-2020 | 09:44 AM
#299
Line Holder
Joined: Mar 2013
Posts: 50
Likes: 0
From: 737
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