[Breeze] Airways

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03-22-2024, 10:30 AM

#4781

sailingfun

Gets Weekends Off

Joined APC: Feb 2008

Posts: 19,276

Quote:

Originally Posted by TheBear

It will only be a matter of time before the investors see their burning money, lose patience, and want their money back.

He returns money to the investors by going public. He went public with JetBlue after 24 months. I suspect the investors were given similar guidance with Breeze. Jetblue was however profitable almost from day one. They made a big point about that and had lots of financial updates. With Breeze they are putting out nothing other than we will be profitable next quarter. Even mandatory reports to the FAA are late. Even successful airlines don't generate a margin that could reward investors. The money is in going public.

03-24-2024, 11:45 PM

#4782

bmrd

Line Holder

Joined APC: Mar 2016

Posts: 54

How long before breeze gets stapled over at Southwest?

03-25-2024, 12:00 AM

#4783

bluespoon

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Joined APC: Mar 2023

Posts: 248

Quote:

Originally Posted by bmrd

How long before breeze gets stapled over at Southwest?

Announcement imminent Tuesday. Look out

03-25-2024, 04:16 AM

#4784

sailingfun

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Joined APC: Feb 2008

Posts: 19,276

Quote:

Originally Posted by bmrd

How long before breeze gets stapled over at Southwest?

The only way you can staple a list is with a pre nuptial agreement. That usually does not go over well. See SWA/Frontier attempted merger. The A230-300 could fit the SW model but is on the small side. At the moment it does not seem likely Airbus will build the A220-500. They don't want to compete with themselves.

03-25-2024, 08:28 AM

#4785

TransWorld

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Joined APC: Aug 2016

Position: Relaxed

Posts: 6,958

Quote:

Originally Posted by bmrd

How long before breeze gets stapled over at Southwest?

Anyone talking about stapling? I have lots of friends who got stapled.

03-25-2024, 08:57 AM

#4786

bonvoyage

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Joined APC: Jan 2022

Posts: 452

Quote:

Originally Posted by bmrd

How long before breeze gets stapled over at Southwest?

Because we are not protected by a CBA, we could very well likely be let go after Breeze sells the planes and company to SWA, or any airline for that matter. We have no protections or job security which makes me afraid of the rumors

03-25-2024, 10:16 AM

#4787

TheBear

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Joined APC: Nov 2023

Position: 727 Flight Engineer

Posts: 113

Quote:

Originally Posted by bonvoyage

While true I find that scenario highly unlikely. It’s a major cost savings to take the current type rated pilots. Although one could suggest they would run a single bid and put new hires into seats to minimize double training events.

03-25-2024, 10:20 AM

#4788

bluespoon

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Joined APC: Mar 2023

Posts: 248

Quote:

Originally Posted by bonvoyage

Why would they do that? The Allegheny and Mohawk amendment includes “non union and CBA” integration too.

03-25-2024, 11:05 AM

#4789

RJSAviator76

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Joined APC: Jul 2007

Posts: 3,618

Quote:

Originally Posted by bluespoon

Why would they do that? The Allegheny and Mohawk amendment includes “non union and CBA” integration too.

Now define windfall and who would get the windfall here. Be sure to include everything from pay rates to retirement to work rules (soft money) to career protections such as scope, disability, etc.

I think at best, you'd get slotted in by DOH and even that would be a windfall.