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Will It Pass?

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Old 10-05-2022 | 10:03 AM
  #211  
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Originally Posted by KnockKnock
So what? Where you been Shy? Oil was over $100 for the better part of the year. It's only come down in the last 2 months. High oil wasn't what motivated them to negotiate or not. It was attrition and pizz poor planning. Followed up with a picket and strike vote. Oil was never mentioned.
Just a small preview of things to come. Nothing looks good on the horizon (no pun intended). And unlike other times before, we are taking steps to slow and crash the economy to reduce economic spending by both businesses and consumers in order to dampen demand and reduce inflation.
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Old 10-05-2022 | 03:07 PM
  #212  
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Originally Posted by ShyGuy
Just a small preview of things to come. Nothing looks good on the horizon (no pun intended). And unlike other times before, we are taking steps to slow and crash the economy to reduce economic spending by both businesses and consumers in order to dampen demand and reduce inflation.
You know part of being a realist requires you actually being correct.

All these doom and gloom predictions that never come to pass doesn't make you a realist. It just makes you a cynic.
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Old 10-05-2022 | 04:18 PM
  #213  
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Originally Posted by flyprdu
You know part of being a realist requires you actually being correct.

All these doom and gloom predictions that never come to pass doesn't make you a realist. It just makes you a cynic.
Or just wrong.
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Old 10-05-2022 | 04:32 PM
  #214  
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The economic data and interest rates + Fed actions are there for all to read and review. Have to remind myself it’s mostly the NO voters who are peeved that think things are rosey and a new TA is 2 weeks to 2 months away.
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Old 10-05-2022 | 04:44 PM
  #215  
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Originally Posted by ShyGuy
The economic data and interest rates + Fed actions are there for all to read and review. Have to remind myself it’s mostly the NO voters who are peeved that think things are rosey and a new TA is 2 weeks to 2 months away.

You sound scared and rushed, maybe take a breath. You are already working under a dump of a contract, what’s the hurry to sign another turd?
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Old 10-05-2022 | 05:28 PM
  #216  
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Originally Posted by ShyGuy
The economic data and interest rates + Fed actions are there for all to read and review. Have to remind myself it’s mostly the NO voters who are peeved that think things are rosey and a new TA is 2 weeks to 2 months away.
I’m not sure those things are very relevant when it comes to the airlines. $100 oil and they will be reporting massive profits this quarter. Demand is still high in the face of inflation. High interest rates just mean nobody can buy a house so they have excess income to spend on vacation. Not to mention the need for pilots is not going away. Alaska needs to solve this problem in order to realize their growth plans. They have a lot of metal on order with no way to attract the pilots to fly them.
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Old 10-05-2022 | 05:48 PM
  #217  
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Originally Posted by ShyGuy
The economic data and interest rates + Fed actions are there for all to read and review. Have to remind myself it’s mostly the NO voters who are peeved that think things are rosey and a new TA is 2 weeks to 2 months away.
We're not peeved. Vote on the merits of not the TA. No more, no less.

Don't cave to the Chicken Littles of the airline.
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Old 10-05-2022 | 06:55 PM
  #218  
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Originally Posted by av8or
You’re a 15 yr SEA based Cpt, but anyone who votes yes on the best contract in Alaska history with even some industry leading provisions…. THEY are the reason Alaska “will never be at the top.”

Not sure how you square that circle, but OK.
I think most sane people would be happy with close to industry leading in every department Vs industry leading in a few and last place in everything else.
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Old 10-05-2022 | 07:43 PM
  #219  
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Originally Posted by flyprdu
You know part of being a realist requires you actually being correct.

All these doom and gloom predictions that never come to pass doesn't make you a realist. It just makes you a cynic.
It seems no amount of data or evidence will convince some that are happy to ignore what’s going on around them. Looked at your 401k lately…how’s that doing, tried refi or bought a house lately, filled up with gas or bought a gallon of milk lately? Maybe look outside whatever bubble you live in. At some point all of these negative catalysts will effect demand…for everything. Yes, for now there is a pilot shortage-but if demand drops a sufficient amount it will have a material effect on the need for hiring-at least in the near term.

$100 oil doesn’t matter? maybe open up an SEC filing and realize that this year we were protected by fuel hedges of about 50% of our consumption priced in the $60’s. Next year this not the case, as of q2 we had 15% hedged for 2023-in the $80’s. But don’t worry! None of this matters!

Last edited by AK22; 10-05-2022 at 08:07 PM.
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Old 10-05-2022 | 08:19 PM
  #220  
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Originally Posted by AK22
It seems no amount of data or evidence will convince some that are happy to ignore what’s going on around them. Looked at your 401k lately…how’s that doing, tried refi or bought a house lately, filled up with gas or bought a gallon of milk lately? Maybe look outside whatever bubble you live in. At some point all of these negative catalysts will effect demand…for everything. Yes, for now there is a pilot shortage-but if demand drops a sufficient amount it will have a material effect on the need for hiring-at least in the near term.

$100 oil doesn’t matter? maybe open up an SEC filing and realize that this year we were protected by fuel hedges of about 50% of our consumption priced in the $60’s. Next year this not the case, as of q2 we had 15% hedged for 2023-in the $80’s. But don’t worry! None of this matters!
The. Stock. Market. Is. Not. The. Economy.

You want to literally cheer whenever oil spikes or the market dips. Don't you realize that all this recession talk is to put pressure on the Fed to lower rates?

The billionaire class is addicted to free money, and daddy needs his low interest fix.
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