Airline Pilot Forums

Airline Pilot Forums was designed to be a community where working airline pilots can share ideas and information about the aviation field. In the forum you will find information about major and regional airline carriers, career training, interview and job seeker help, finance, and living the airline pilot lifestyle.




akulahunter
04-17-2018, 08:21 AM
Soooo, really?

https://finance.yahoo.com/news/equity-alert-rosen-law-firm-142200569.html


MarkVI
04-17-2018, 02:31 PM
I read this as having little to do with the material facts of this case, and more to do with greedy investors seeing their first opportunity to jump on a company for cash...

Excargodog
04-17-2018, 07:49 PM
I read this as having little to do with the material facts of this case, and more to do with greedy investors seeing their first opportunity to jump on a company for cash...


Greedy investors? I think not. I'm a greedy investor, but a 3% drop in share value is simply noise, no more than the volatility even the greediest of greedy bastards can expect from a stock. What this is is a greedy LAWYER who is angling for a chunk of a class action settlement he is trying to manufacture out of nothing.

William Shakespeare was right,"First,kill all the lawyers...."


tom11011
04-18-2018, 06:13 AM
Yawn. Lawyer shakedown tricks, just a new ambulance.

Big E 757
04-24-2018, 02:09 AM
Yawn. Lawyer shakedown tricks, just a new ambulance.

I hope he spends hundreds of thousands of dollars and loses years of his life in this effort, and gets absolutely nothing. What a clown.

I saw the 60 minutes piece, and while not flattering for Allegiant, even I know that the information was dated. They are over a year late on those troubling times. Itís obvious that maintenance has improved a lot since then.

And I know itís been said before, but Iíll say it again. You Allegiant pilots deserve a lot of credit for not killing hundreds of people every week back then. The only reason Allegiant still exists today, is because of the skilled pilots that work there. Well done!

FreshWater
04-24-2018, 11:35 AM
I hope he spends hundreds of thousands of dollars and loses years of his life in this effort, and gets absolutely nothing. What a clown.

I saw the 60 minutes piece, and while not flattering for Allegiant, even I know that the information was dated. They are over a year late on those troubling times. It’s obvious that maintenance has improved a lot since then.

And I know it’s been said before, but I’ll say it again. You Allegiant pilots deserve a lot of credit for not killing hundreds of people every week back then. The only reason Allegiant still exists today, is because of the skilled pilots that work there. Well done!

Thank you. As soon as 60 minutes aired that piece of fake journalism, these sharks along with our detractors smelt blood and were quick to jump on the band wagon. Much to the chagrin of our haters immediately thereafter that narrative lost all its validity, rapidly faster than what would have been the case regardless. Imo 60 minutes who I suspect were in collusion in some way with the plaintiff to coincidently and conveniently coincide with the trial next month; are a day late and a dollar short.

60 minutes got convinced by someone that we were the next impending aviation disaster and they could be on the cusp of being ahead of the next ValuJet. Ain’t luck a bYa>h.

Andy
04-24-2018, 05:49 PM
Greedy investors? I think not. I'm a greedy investor, but a 3% drop in share value is simply noise, no more than the volatility even the greediest of greedy bastards can expect from a stock. What this is is a greedy LAWYER who is angling for a chunk of a class action settlement he is trying to manufacture out of nothing.

William Shakespeare was right,"First,kill all the lawyers...."

Spot on. It's a standard legal weasel shakedown. If the law firm can get a quick payout, they'll take it. A lot of times, that's cheaper than having to deal with a bogus lawsuit.

ecam
04-25-2018, 06:27 AM
Spot on. It's a standard legal weasel shakedown. If the law firm can get a quick payout, they'll take it. A lot of times, that's cheaper than having to deal with a bogus lawsuit.

Except that Maury Gallagher is famous for saying "I'd rather pay my lawyer a million dollars than pay that ******* one dime".

jegermeister
04-25-2018, 08:14 AM
60 minutes got convinced by someone that we were the next impending aviation disaster and they could be on the cusp of being ahead of the next ValuJet. h.


ValuJet is Southwest. After the crash, (that was attributed to mislabeled oxygen generators that a contract company illegally loaded onto the flight) ValuJet bought AirTran. They were subsequently bought by Southwest.

Not trying to pick a fight, but pointing out what many people miss as the history of that airline.



Sent from my iPhone using Tapatalk

labbats
04-25-2018, 02:01 PM
Southwest bought AirTran in spite of ValueJet not because of it. Not to mention it was far removed from both the management and the philosophy that brought it there. Itís like saying Alaska is unsafe due to the elevator incident long ago.

Thatís a slippery slope youíre treading.

jegermeister
04-25-2018, 03:58 PM
Southwest bought AirTran in spite of ValueJet not because of it. Not to mention it was far removed from both the management and the philosophy that brought it there. Itís like saying Alaska is unsafe due to the elevator incident long ago.



Thatís a slippery slope youíre treading.



No slippery slope here. Just history.

I never said why the purchase was made.

Frugal and unsafe seem to be bundled in these arguments as one in the same. Southwest used to be a low cost carrier. I donít believe that made them any less safe than they are today.

MG started ValuJet and made Allegiant what it is today. He nor anyone else at ValuJet were held responsible for the ValuJet accident. There is still a warrant for the contractor.

Iím not interested in whoís better than who. Iím just getting tired of people referencing a history that never happened, so as to help an argument.


Sent from my iPhone using Tapatalk

jshoneycutt
05-01-2018, 12:07 PM
Sounds like a good thing for the industry if the class wins the case. From what I am understanding, the case argues there is a threshold in which maintenance issues become material and must be disclosed overtly to investors. I know there are still some personally held airlines... but for those publicly traded, I see this making them think twice about their efforts in maintaining their fleet.