Profit Sharing Check
01-23-2020, 05:59 AM
#14
Gets Weekends Off
Joined APC: May 2017
Position: 175 CA
Posts: 1,285
Earnings calls highlights:
- Not hiring pilots for 2020 needs, the year is adequately staffed. Hiring in 2020 for 2021 needs, attrition slightly lower than expected. Back tracked later in the call to say " we're on track". Whatever that means.
- already staffed to fly the 737max
- The airline has been prepaying pension expense, only to stop this quarter, allowing earnings to pop. An analyst caught this and called them on it.
- E190 will be parked at the end of summer
- 737 oasis will be completed April 2021, A321 retrofits done march 2022.
- Only contract they expect to ratify in 2020 is the mechanic service workers.
- Allegedly make money flying transatlantic in the winter for the first time ever. Business class saves the day, economy tickets pricing environment is poor.
- Not hiring pilots for 2020 needs, the year is adequately staffed. Hiring in 2020 for 2021 needs, attrition slightly lower than expected. Back tracked later in the call to say " we're on track". Whatever that means.
- already staffed to fly the 737max
- The airline has been prepaying pension expense, only to stop this quarter, allowing earnings to pop. An analyst caught this and called them on it.
- E190 will be parked at the end of summer
- 737 oasis will be completed April 2021, A321 retrofits done march 2022.
- Only contract they expect to ratify in 2020 is the mechanic service workers.
- Allegedly make money flying transatlantic in the winter for the first time ever. Business class saves the day, economy tickets pricing environment is poor.
01-23-2020, 06:13 AM
#15
Gets Weekends Off
Joined APC: Jan 2013
Posts: 294
Originally Posted by Varsity
Earnings calls highlights:
- Not hiring pilots for 2020 needs, the year is adequately staffed. Hiring in 2020 for 2021 needs, attrition slightly lower than expected. Back tracked later in the call to say " we're on track". Whatever that means.
- already staffed to fly the 737max
- The airline has been prepaying pension expense, only to stop this quarter, allowing earnings to pop. An analyst caught this and called them on it.
- E190 will be parked at the end of summer
- 737 oasis will be completed April 2021, A321 retrofits done march 2022.
- Only contract they expect to ratify in 2020 is the mechanic service workers.
- Allegedly make money flying transatlantic in the winter for the first time ever. Business class saves the day, economy tickets pricing environment is poor.
- Not hiring pilots for 2020 needs, the year is adequately staffed. Hiring in 2020 for 2021 needs, attrition slightly lower than expected. Back tracked later in the call to say " we're on track". Whatever that means.
- already staffed to fly the 737max
- The airline has been prepaying pension expense, only to stop this quarter, allowing earnings to pop. An analyst caught this and called them on it.
- E190 will be parked at the end of summer
- 737 oasis will be completed April 2021, A321 retrofits done march 2022.
- Only contract they expect to ratify in 2020 is the mechanic service workers.
- Allegedly make money flying transatlantic in the winter for the first time ever. Business class saves the day, economy tickets pricing environment is poor.
01-23-2020, 06:53 AM
#16
Gets Weekends Off
Joined APC: Apr 2016
Position: Looking left
Posts: 3,251
Originally Posted by fetacheese
1.4% of 2019 earnings..wow. Don't spend it all in one place, folks. How much are delta pilots getting again? Excuse me while i go chase small animals in my front lawn with a lawn mower.
ual: 7.67%
01-23-2020, 07:22 AM
#17
Gets Weekends Off
Joined APC: May 2017
Position: 175 CA
Posts: 1,285
Originally Posted by griff312
I listened to it. Did you catch the very beginning, Doug's opening statements?
01-23-2020, 10:42 AM
#20
Gets Weekends Off
Joined APC: Jan 2019
Posts: 531
Isn't there some solace in the fact that group 2 upgrade time is lower, and someone, say a 4th year pilot, at AA can start earning a lot more than a Delta pilot? How many years of 16% profit sharing does that offset. Has to be a couple at least.
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