The major airlines have become nothing but cash flow vehicles for other companies to make profits. The airlines don't intend to make any money. At least not until the "labor rate realignment" is complete. The lack of profits means they can keep pressure on their employees. You won't see airlines turning significant profits until labor costs come down.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.

Yes, everyone except those of us who actually make it all happen. Sad but true!

Southwest is making money with good wages. The legacy carriers are trying to blame employee wages when it's really a bigger operational (eg. equip, routes, service) problem. It's easier to cut costs then fix the problem.

ALPA Natinal needs to educate the public.

From the old road show presentation:

Best efforts to obtain free Internet availability in new hotel contracts :rolleyes:

How much more of a labor rate realignment are you looking for? I already am working for 50% less, not including the loss of a pension.

Not anymore. If memory serves, they lost money in 3 of the last 4 fiscal quarters. And they would have been losing money much earlier if it wasn't for some incredibly successful speculation in the commodities market.
Their profits the last couple years came from oil trading, not flying passengers.

Almost there in your case. Still a ways to go for others.
AMR and CAL still have defined benefit pensions. SWA payrates are way beyond what the hedge fund managers consider appropriate. Gotta beat their share price down a bit further before they move in.
Some Flt attendants still make $50,000 and up for pouring coffee. That's gotta stop.
Wall Street will tell us when they're done with us.

Sounds like you have been drinking the business class kool-aid. Did you know that there are debits AND credits on the ledger? You can't just focus on one side.

Hedge fund managers can have a significant impact on the stock price of a company, but they do not dictate business decisions and/or appropriate payrates for employees. If they believe the business model is not sound, they bail out. Btw, how many hedge fund managers make less than $1 million and what is it exactly that they do?

Btw, flt attendants do much more than just pour coffee at 30,000 ft and they are required to be on the aircraft per regulation. They have done a poor job of getting the word out to the public what their real responsibility is, but then again, so has ALPA. Do you know why? It is because the public doesn't care.

I just want to point out a tiny little flaw with that statement. Southwest's wages are WELL below what was industry standard 9 years ago. Please let's not call them good. They're not bad, but they certainly aren't good especially after you consider how much everything has gone up in cost. Yes, they are top dog now when it comes to passenger airlines pilot wages. But please, let's not think that Southwest is what we should strive to live up to. We can and should be doing much better for the responsibility that is our jobs.

Our best hope for getting wages to where they used to be is to have the good pilots of Southwest score one heck of a contract increase during their next negotiations.

My two cents...

ACL ... and anyone else who may know ...

Why are there zero, nada, zilch, SILS for the month of October?

Rumor I heard was that the company was paying out green slips when we had plenty of people to work. After a cost benefits analysis, SILS were dropped for October.

Any truth?