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Atlas to be sold? Hmmm...

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Old 08-06-2022, 03:32 PM
  #141  
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Originally Posted by shroomwell View Post
I don't work for Atlas, but you're speaking to, in general, a group of people who will never be happy with anything (airline pilots), and a smaller subset of that group (people who bother to post on message boards) who often have nothing at all better in their miserable lives than to sit in a hotel room or their house or whatever and wallow in their misery and attempt to inflict that misery on others.

Speaking for myself, I never "made it" or whatever to a "major" airline. On the other hand, I work roughly 6 months a year (less when you count vacation), make around $400k and provide for my family, have socked away lots of $$ in the bank for my retirement, etc and I'm trying to see how my life is so terrible.I'm having a pretty hard time doing that. If I could poll the average American worker and ask him or her if they would trade their working conditions and lifestyle for mine, a person who works for a mere "non-commercial" airline, what do you think the answer might be? It's all perspective, man. If you're a miserable person, you'll probably be a miserable person when you make more and have more days off, too.
This post is 1000% on point
I think it will work out fine for you guys
i really do
but hey I work at k4 too
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Old 08-06-2022, 03:59 PM
  #142  
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SY guy.

Welcome to the "we got bought buy Apollo" club.

Not too much to add here, but I will voice the same as others: Apollo wants to make money. The model of Apollo has been to buy, and try to sell or IPO for a profit around 5 years. I have little doubt Apollo plans to make the company profitable, possibly mix it in with someone else, but who really knows about that, right? Granted, since they are buying what is now a public company, IPO is probably not the direction. At any rate, they also don't care much about pilots, they care about money. That worked out pretty well for us at SY. It's not a bed of roses and we didn't get our CBA under Apollo ownership, so some of that is being misconstrued here. Apollo did some smart things financially and we got some significant improvements in HQ. That ended up being very good for the pilot group through the indirect consequences of being profitable and growing. I'm going to reiterate that a different way. Apollo didn't get us a good CBA. We got it because of better management and better finances. I also don't look at our management with rose-colored glasses. I wouldn't even say I like them. Airline management doesn't tend to be a pilot's friend. But for credit where credit is due, profitability and growth for the company has been good for the pilot group.

I hope that it works out great for you guys and the effort to take advantage of your pilots and fleet for more profits also leads to improvement in pilot pay and QOL. From the sounds of things, a shake up in your management like what happened to us would be just what the doctor ordered.
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Old 08-06-2022, 04:32 PM
  #143  
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Originally Posted by FreshWater View Post
I am a complete outsider. Just happened to notice Apollo getting involved with you guys. From what they have done over at sunny I don’t believe you guys have anything to worry about.
Very classy statement… very rare on APC… thank you sir!
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Old 08-06-2022, 04:35 PM
  #144  
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Originally Posted by shroomwell View Post
I don't work for Atlas, but you're speaking to, in general, a group of people who will never be happy with anything (airline pilots), and a smaller subset of that group (people who bother to post on message boards) who often have nothing at all better in their miserable lives than to sit in a hotel room or their house or whatever and wallow in their misery and attempt to inflict that misery on others.

Speaking for myself, I never "made it" or whatever to a "major" airline. On the other hand, I work roughly 6 months a year (less when you count vacation), make around $400k and provide for my family, have socked away lots of $$ in the bank for my retirement, etc and I'm trying to see how my life is so terrible.I'm having a pretty hard time doing that. If I could poll the average American worker and ask him or her if they would trade their working conditions and lifestyle for mine, a person who works for a mere "non-commercial" airline, what do you think the answer might be? It's all perspective, man. If you're a miserable person, you'll probably be a miserable person when you make more and have more days off, too.
another classy statement… appreciated here!
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Old 08-06-2022, 04:38 PM
  #145  
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Originally Posted by nibake View Post
SY guy.

Welcome to the "we got bought buy Apollo" club.

Not too much to add here, but I will voice the same as others: Apollo wants to make money. The model of Apollo has been to buy, and try to sell or IPO for a profit around 5 years. I have little doubt Apollo plans to make the company profitable, possibly mix it in with someone else, but who really knows about that, right? Granted, since they are buying what is now a public company, IPO is probably not the direction. At any rate, they also don't care much about pilots, they care about money. That worked out pretty well for us at SY. It's not a bed of roses and we didn't get our CBA under Apollo ownership, so some of that is being misconstrued here. Apollo did some smart things financially and we got some significant improvements in HQ. That ended up being very good for the pilot group through the indirect consequences of being profitable and growing. I'm going to reiterate that a different way. Apollo didn't get us a good CBA. We got it because of better management and better finances. I also don't look at our management with rose-colored glasses. I wouldn't even say I like them. Airline management doesn't tend to be a pilot's friend. But for credit where credit is due, profitability and growth for the company has been good for the pilot group.

I hope that it works out great for you guys and the effort to take advantage of your pilots and fleet for more profits also leads to improvement in pilot pay and QOL. From the sounds of things, a shake up in your management like what happened to us would be just what the doctor ordered.
Very classy. Thank you sir.
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Old 08-06-2022, 07:03 PM
  #146  
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Originally Posted by Atlasvet View Post
It isn’t only ANC that enjoy a high QOL, there are a lot of pockets that work very well. For example;

Miami is senior for a reason, easy flying not many time zones

The Training Center, especially for someone that lives close

Other bases have some pretty decent advantages, ORD and ONT for example. JFK can be sweet for senior folks.
Living close to CVG gives one lots of options.

Many just don’t want to believe that there is some really fantastic flying at Atlas and a large contingency of folks that have no desire to move on. They just want to perpetuate the idea that if you haven’t made it to a legacy then you are unworthy.
I think there's some truth to both points of view here. If you can't be happy making our pay and barely working when things get nice, you probably won't be happy or wealthy anywhere. A lot of desire to leave for bigger names may come from some screwed-up bars for success that we set for ourselves. It's telling that people aren't really leaving after they get some seniority here. With that said, we're not seeing people leaving the legacy adn big name carriers to come here either. If this place was truly a gem, we'd be getting people jumping the fence from SWA or DAL to come here. So far that doesn't seem to be happening.

Probably this job isn't great, but it's good enough for you to meet your personal goals, especially if you invest and build capital. It comes with some good and bad factors, but it's a job flying planes. So, depending on your personal situation (taking care of sick family, marriage, kids, etc.) it may be worth sitting tight over here. It may be worth jumping too.

As for Apollo, I don't see much change in risk from before. There was talk of us being broken up and sold off piecemeal before. There's talk of that now. There was talk of golden opportunities before. There's talk of that now. I think the situation needs watching but not angst. The biggest problem I see is that privately held companies don't need to disclose as much information as publicly traded companies. That means it will be a little harder to look past PR and HR statements to find actual information. Still, there are ways to watch these things.
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Old 08-06-2022, 08:50 PM
  #147  
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Originally Posted by dera View Post
It's a shame you don't understand what the word "bankrupt" means in the US. Hint: It does not mean furloughs, or job losses, or CBA gutting, or anything like that..
Laughs in 9/11
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Old 08-07-2022, 06:45 AM
  #148  
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Originally Posted by Crusoe View Post
Laughs in 9/11
And 2008 and 2020 on the regional side of things

Imindanger.jpg
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Old 08-07-2022, 11:05 AM
  #149  
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Originally Posted by NoJoy View Post
Apollo Global Management also owns Sun Country, since 2017. Or did. Interesting
Apollo took Sun Country private, improved their operation, then took it public again. They currently own at least 43% of the public company.
Here is the video:
https://www.youtube.com/watch?v=0TT8QUOzliw
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Old 08-07-2022, 11:08 AM
  #150  
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Originally Posted by Birdsmash View Post
They will more than likely keep their shares and as long as the boxes keep moving more-or-less on-time DHL could care less who owns one of their subcontractors.
All AAWW shareholders will get paid $102.50. There will be no more shares, as Apollo is taking them private.
Currently, DHL owns 49% of Polar, which is part of AAWW (Atlas-airline, Polar-airline on paper...valuable Asian routes, Titan-acft leasing).
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