Allegiant Air
01-19-2016 | 06:30 AM
#1331
Banned
Joined: Nov 2013
Posts: 4,378
Likes: 0
From: 7th green
Very true. Alaska used to hire a lot of non-Union pilots theorizing they'd dilute the Unionism of the group. Funny thing happened to that theory...most of the former non-Union regional pukes were the most rabid ALPA guys, some even getting into MEC positions.
01-19-2016 | 06:54 AM
#1332
Gets Weekends Off
Joined: Aug 2011
Posts: 2,583
Likes: 15
From: Hoping for any position
I read it as a management tactic seeing regional pilots as rookies accustomed to entry-level abuse and more inclined to sign a concessionary contract. Faulty reasoning if true. Rookie was probably a metaphor and a poor choice of words. I don't think he or anyone else sees regional guys as rookies these days. Most G4 pilots come from regionals and if the company thinks the regional guys it hired are going to cave on a crappy TA, they're in for a nasty surprise. I believe the company hires regional pilots because they're highly qualified and available.
Second, I think to state that the company has any sort of plan is a stretch. The G4 pilot website has only embolden the pilot group and made our case stronger. Decisions like these show how unaware they are of the situation.
01-19-2016 | 06:08 PM
#1334
Gets Weekends Off
Joined: Sep 2014
Posts: 390
Likes: 0
taking over major operations posts. Not just a bad fit, but still being asked to fill in on their current positions. G4 shuffle.
01-19-2016 | 06:30 PM
#1335
Line Holder
Joined: Feb 2012
Posts: 632
Likes: 20
The analyst conference call on Jan 27 will be interesting to listen to.
01-19-2016 | 06:44 PM
#1336
Lifer
Joined: Apr 2009
Posts: 176
Likes: 0
From: MD80 CA
01-19-2016 | 07:15 PM
#1337
Banned
Joined: Dec 2009
Posts: 3,655
Likes: 0
From: Narrow/Left Wide/Right
That's a blast from the past.
Almost as good as who put those tiny daggers in your heart.
01-20-2016 | 10:38 AM
#1340
Gets Weekends Off
Joined: Jan 2016
Posts: 220
Likes: 0
From: jets
The recent happenings here at Allegiant seem to have Buyout/Merger written all over it. MG is getting rid of unwanted management and personnel to make us look better on paper as well as keep from paying out extra bonus money to those without longevity. Our stock price is at 52 week lows, our profits remain solid, and the dollar is strong. We are on sale...
However, everybody else is on sale too if we are looking to buy. Spirit is also at 52 week lows and they've just gotten rid of their CEO. A lot of this may be coincidental but if you look at all the details and you've been through merger/buyouts before then the writing seems to be on the wall. Shareholders want results and when values tank they start taking actions to get their money back.
Additionally, a merger or buyout would reset our negotiations with the company, MG and the Shareholders would enjoy low wages and terrible work rules for another 3-5 years.
However, everybody else is on sale too if we are looking to buy. Spirit is also at 52 week lows and they've just gotten rid of their CEO. A lot of this may be coincidental but if you look at all the details and you've been through merger/buyouts before then the writing seems to be on the wall. Shareholders want results and when values tank they start taking actions to get their money back.
Additionally, a merger or buyout would reset our negotiations with the company, MG and the Shareholders would enjoy low wages and terrible work rules for another 3-5 years.
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