Fedex Pilots Gut Profitabilty, Rape Future of thousands
12-21-2006, 11:09 AM
#21
Organizational Learning
Joined APC: Nov 2005
Position: Directly behind the combiner
Posts: 4,948
Originally Posted by JB130
I guess the cause of the profit decline is situationally dependent upon the audience at the time....how convenient.
EXACTLY!
Please don't tell us this surprises you.
.
12-21-2006, 01:02 PM
#23
Bored
Joined APC: Nov 2006
Position: Grumman Torture Device (weekends only)
Posts: 445
Profit Actually increases yet the stock goes down, because it didn't meet some eggheads "expectations" based upon previous conditions.
No harm, no foul, the way it is.
12-21-2006, 04:20 PM
#25
Gets Weekends Off
Joined APC: Sep 2006
Position: Retired
Posts: 3,717
We are in the wrong business, for sure! Did you guys read about those wall streeters who are getting their Christmas bonuses. Many in the multi-million dollar range, with a few of the CEOs of the big firms getting upwards of 50 Million Dollars each. I guess I just don't get that. Why wouldn't the vast majority of that money be funneled back to the stockholders of those firms, in the form of dividends. I'm not especially keen on Japan, but I do like the way their senior corporate executives are limited in total income to a percentage of what the lowest person in the firm makes. That way, if a company over there is having a great year, everyone must share in the profits, in order for the top brass to make more than the year before. The way we do it here does nothing but increase the divide between the wealthy and the middle class. And if you've not noticed, we, as airline pilots, are becoming more middle class all the time.
12-21-2006, 05:16 PM
#27
Gets Weekends Off
Joined APC: Apr 2006
Posts: 675
Originally Posted by LEROY
Most of the money-centric contract improvements haven't even taken place yet (trip rig, etc...)
12-21-2006, 07:12 PM
#28
Gets Weekends Off
Joined APC: Jan 2006
Posts: 2,838
Originally Posted by LEROY
Most of the money-centric contract improvements haven't even taken place yet (trip rig, etc...)
12-21-2006, 08:38 PM
#29
Gets Weekends Off
Joined APC: Aug 2006
Posts: 110
Originally Posted by fecav8r
Guys, why you getting so worked up. I don't think anybody really cares about our contract. It's a price of doing business and the reality is that all the initial costs of the contract probably did cause a dip in the earnings. So what, who gives a sh1t. I really don't think Fred or anybody in that line does. And I don't think they really blamed anybody, just stating the reality. Tony????
If it is reality, which can be debated 'till the cows come home, it is but one piece of a large puzzle.........but again, who cares????
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