Mesaba / Compass FLOWBACK
06-17-2008 | 11:02 PM
#1
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From: 175 CA
Mesaba / Compass FLOWBACK
Read the latest SEC filing (8-K) at http://ir.nwa.com/phoenix.zhtml?c=11...dHRhY2g9T04%3d
and search the word "regional".
You will come across a slide that talks about capacity reductions and you will read, "Resulting headcount reductions will be achieved through voluntary separation programs and furloughs if necessary."
Can you say FLOWBACK to Mesaba (in very limited numbers) and to Compass.
I don't know about XJ, but CP is having a hard time recruiting pilots at this point in time and I surely can't rid my thoughts of the fact that a flowback could staff the CPS planes at a good labor cost (in managment's view).
Our Union at CPS hasn't said Jack to us about the merger or our future. What have they been saying at XJ?
DISCUSS!
and search the word "regional".
You will come across a slide that talks about capacity reductions and you will read, "Resulting headcount reductions will be achieved through voluntary separation programs and furloughs if necessary."
Can you say FLOWBACK to Mesaba (in very limited numbers) and to Compass.
I don't know about XJ, but CP is having a hard time recruiting pilots at this point in time and I surely can't rid my thoughts of the fact that a flowback could staff the CPS planes at a good labor cost (in managment's view).
Our Union at CPS hasn't said Jack to us about the merger or our future. What have they been saying at XJ?
DISCUSS!
06-18-2008 | 02:21 AM
#2
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I did what you said and searched "Regionals".
I find it confusing when it talked about regional capacity being +50% to -55%. It's just too much to get my brain around.
Our Flowback is limited to about 15 slots so I think we will be OK unless they do something drastic, which is possible. I certainly hope that they don't flush 90% of your list to the street.
It's so hard to know what the wizards are doing behind the curtain. I mean Delta and Northwest post losses greater than 13 Billion dollars and none of the financial markets say that much, because it's all on paper and they got to write off the bankruptcies.
CRJ200's are the most inefficient aircraft ever made, but we have no idea what they are using as a bench mark. Compared to a DC-3 I'd say the 200 does a pretty good job. Against a 777 not so much. But how many 777's go to Cedar Rapids?
I do know that even though I can fly anywhere I want for free, but can never go because the planes are full. I also realize that the tickets being used now were purchased 3+ months ago. The fall will really be the indicator.
I happen to think that raising the prices is the right thing. There was never a reason for the bus or cars to be more expensive than flying.
Good Luck my Compass brothers!
I find it confusing when it talked about regional capacity being +50% to -55%. It's just too much to get my brain around.
Our Flowback is limited to about 15 slots so I think we will be OK unless they do something drastic, which is possible. I certainly hope that they don't flush 90% of your list to the street.
It's so hard to know what the wizards are doing behind the curtain. I mean Delta and Northwest post losses greater than 13 Billion dollars and none of the financial markets say that much, because it's all on paper and they got to write off the bankruptcies.
CRJ200's are the most inefficient aircraft ever made, but we have no idea what they are using as a bench mark. Compared to a DC-3 I'd say the 200 does a pretty good job. Against a 777 not so much. But how many 777's go to Cedar Rapids?
I do know that even though I can fly anywhere I want for free, but can never go because the planes are full. I also realize that the tickets being used now were purchased 3+ months ago. The fall will really be the indicator.
I happen to think that raising the prices is the right thing. There was never a reason for the bus or cars to be more expensive than flying.
Good Luck my Compass brothers!
06-18-2008 | 03:16 AM
#3
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Joined: Jun 2008
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From: DHC-6, BE90, C421 Left Seat
I have an upcoming interview with compass, and with this news it doesn't really give me a warm and fuzzy feeling. What would the likely number of flowbacks be? Will they move to the bottom of the seniority list etc??
06-18-2008 | 05:43 AM
#7
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From: SAABster
I did what you said and searched "Regionals".
I find it confusing when it talked about regional capacity being +50% to -55%. It's just too much to get my brain around.
Our Flowback is limited to about 15 slots so I think we will be OK unless they do something drastic, which is possible. I certainly hope that they don't flush 90% of your list to the street.
It's so hard to know what the wizards are doing behind the curtain. I mean Delta and Northwest post losses greater than 13 Billion dollars and none of the financial markets say that much, because it's all on paper and they got to write off the bankruptcies.
CRJ200's are the most inefficient aircraft ever made, but we have no idea what they are using as a bench mark. Compared to a DC-3 I'd say the 200 does a pretty good job. Against a 777 not so much. But how many 777's go to Cedar Rapids?
I do know that even though I can fly anywhere I want for free, but can never go because the planes are full. I also realize that the tickets being used now were purchased 3+ months ago. The fall will really be the indicator.
I happen to think that raising the prices is the right thing. There was never a reason for the bus or cars to be more expensive than flying.
Good Luck my Compass brothers!
I find it confusing when it talked about regional capacity being +50% to -55%. It's just too much to get my brain around.
Our Flowback is limited to about 15 slots so I think we will be OK unless they do something drastic, which is possible. I certainly hope that they don't flush 90% of your list to the street.
It's so hard to know what the wizards are doing behind the curtain. I mean Delta and Northwest post losses greater than 13 Billion dollars and none of the financial markets say that much, because it's all on paper and they got to write off the bankruptcies.
CRJ200's are the most inefficient aircraft ever made, but we have no idea what they are using as a bench mark. Compared to a DC-3 I'd say the 200 does a pretty good job. Against a 777 not so much. But how many 777's go to Cedar Rapids?
I do know that even though I can fly anywhere I want for free, but can never go because the planes are full. I also realize that the tickets being used now were purchased 3+ months ago. The fall will really be the indicator.
I happen to think that raising the prices is the right thing. There was never a reason for the bus or cars to be more expensive than flying.
Good Luck my Compass brothers!
I think everyone here is reading that slide wrong. (Click link below to view slide)
That's a Regional INCREASE of 50% to 55%!!
That's good !!
Last edited by XJPILOT1; 06-18-2008 at 05:49 AM.
06-18-2008 | 06:27 AM
#10
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Joined: Feb 2007
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From: Lav
Quote from NWA Capacity Cuts Article.......
...." But it said regional flying would rise by as much as 55 percent as it adds new 76-seat jets. Chief Financial Officer Dave Davis said the smaller jets cost about 30 percent less to operate because of lower labor and fuel expenses, even after making the debt payments.".........
I find it funny that being paid absolute crap is actually becoming an advantage nowadays.
...." But it said regional flying would rise by as much as 55 percent as it adds new 76-seat jets. Chief Financial Officer Dave Davis said the smaller jets cost about 30 percent less to operate because of lower labor and fuel expenses, even after making the debt payments.".........
I find it funny that being paid absolute crap is actually becoming an advantage nowadays.
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