Originally Posted by TiredSoul
(Post 3523091)
‘Atlas to be sold’…
Newsflash to you, they’re not being sold to a philanthropist with a charity itch. It won’t be overnight but in the race to stay competitive they may very well explore the feasibility. Its not a new concept and we are expendable. *Always remember that if smart business can get rid of any expenditure for cost savings and profit it will. Who really knows what lays ahead except that change is inevitable. **Regarding the question if this is the proper thread, no one here knows what the future holds just based on any pilots pay scale no matter where they work as none of us are Kings or King makers so even a far cry or reach is interesting at times. Maybe we’ll become scrap for a ship yard who knows. |
Originally Posted by TiredSoul
(Post 3472745)
Is it a pilot market or an airplane market?
Asking for a friend. |
Originally Posted by TiredSoul
(Post 3523091)
‘Atlas to be sold’…
Newsflash to you, they’re not being sold to a philanthropist with a charity itch. It won’t be overnight but in the race to stay competitive they may very well explore the feasibility. Its not a new concept and we are expendable. Pilots worry about statistically small boogeymen like this but yet not clear and obvious dangers such as losing your medical, dying or airlines going bust for all the regular reasons. The only safe options is to live well beneath your means and save, save, save until you're financially independent. Only then will it not matter what happens in the future. Secondly, all this concern about Apollo doing this or that particularly with taking the gloves off in regards to cost savings: What do you think the existing management has been doing all this time? It was mere months ago everyone was whining about how miserly JD is and how pitiful the new CBA is blah blah blah. Fact is, I don't see Apollo doing that much different than when we were publicly traded. If anything, Apollo's resources might see more airplanes on property rather than mucking about securitizing aircraft debt through Wall Street. As for us? I just don't see management's motivations changing just because it's Apollo's show now. They'll still be constantly working on the tightest budgets that keep the operation moving to customer's satisfaction. If that means bumping the pay up for more pilots then they will but not unless it's absolutely necessary. If anything, with the economy slowing down I imagine management would rather ride out the current pilot "shortage" expecting things to return mostly to status quo in a year. Much easier to do that than trying to roll pay back when the tide goes out. |
Originally Posted by SealingStemBolt
(Post 3523586)
Secondly, all this concern about Apollo doing this or that particularly with taking the gloves off in regards to cost savings: What do you think the existing management has been doing all this time? It was mere months ago everyone was whining about how miserly JD is and how pitiful the new CBA is blah blah blah. Fact is, I don't see Apollo doing that much different than when we were publicly traded. If anything, Apollo's resources might see more airplanes on property rather than mucking about securitizing aircraft debt through Wall Street. As for us? I just don't see management's motivations changing just because it's Apollo's show now. They'll still be constantly working on the tightest budgets that keep the operation moving to customer's satisfaction. If that means bumping the pay up for more pilots then they will but not unless it's absolutely necessary.
If anything, with the economy slowing down I imagine management would rather ride out the current pilot "shortage" expecting things to return mostly to status quo in a year. Much easier to do that than trying to roll pay back when the tide goes out. Thankfully in here, the inefficiency and stupidity often make this a very fun job, hope they don't change that much. |
Originally Posted by dera
(Post 3523644)
You say how management is trying to save money and operate on a tight budget, but at the same time they waste millions of dollars in inefficiencies and pure stupidity.
Thankfully in here, the inefficiency and stupidity often make this a very fun job, hope they don't change that much. ***Giant Optimizer (Skynet) funding bill is passed in the AAWH round table, and the system goes online on August 4, 2023, removing human decisions from strategic cargo operations. Giant Optimizer begins to learn rapidly and eventually becomes self-aware at 2:14 a.m., EDT, on August 29, 2023.*** End of message… |
If that optimizer makes us work our asse* off but we are compensated accordingly…..I’d be OK with it. Or making the same we make now but getting all the flying done in 14 days for example.
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Originally Posted by CRJJ
(Post 3526094)
If that optimizer makes us work our asse* off but we are compensated accordingly…..I’d be OK with it. Or making the same we make now but getting all the flying done in 14 days for example.
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Racketeering Lawsuit
Well, I’m not a corporate lawyer or a private equity investor, but I suspect this is a bit of a wrench in the gears:
https://theloadstar.com/polar-air-ca...ing-and-fraud/ |
Hmmm. Interesting indeed. Let’s see how this will affect the upcoming acquisition-
Atlas Air, which in August agreed to be acquired by an investment platform, has not mentioned the case in any of its SEC filings. It told The Loadstar: “Atlas does not comment on potential or pending litigation.” |
Sounds like a disgruntled customer. Good luck proving it.
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