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Old 04-24-2014 | 06:49 AM
  #154691  
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Originally Posted by tsquare
Anybody own AAPL? Holy smokes!
They had to do something T. AAPL stock has done nothing in the last year. Not sure if your an Apple user but there are rampant rumors of the iPhone 6 being delayed til next year now due to battery issues and that is bad news for the company. iPhones have been coming out like clockwork for the last 5+ years. The buy back seems like a nice way to distract the share holders if this is in fact true.
Old 04-24-2014 | 06:50 AM
  #154692  
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Originally Posted by duder
They had to do something T. AAPL stock has done nothing in the last year. Not sure if your an Apple user but there are rampant rumors of the iPhone 6 being delayed til next year now due to battery issues and that is bad news for the company. iPhones have been coming out like clockwork for the last 5+ years. The buy back seems like a nice way to distract the share holders if this is in fact true.
The 7-1 split will likely make the price more psychologically appealing to some and help it out as well.
Old 04-24-2014 | 07:19 AM
  #154693  
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Originally Posted by duder
They had to do something T. AAPL stock has done nothing in the last year. Not sure if your an Apple user but there are rampant rumors of the iPhone 6 being delayed til next year now due to battery issues and that is bad news for the company. iPhones have been coming out like clockwork for the last 5+ years. The buy back seems like a nice way to distract the share holders if this is in fact true.
Buy backs are purely psychological. But yeah, you are right. They have been stuck in the mud for awhile.... And as GunshipGuy stated, the 7-1 split doesn't hurt either.
Old 04-24-2014 | 07:30 AM
  #154694  
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Originally Posted by flyallnite
We've been 'told' time and time again that a strong healthy balance sheet will be the best route to more compensation. So far, I've (personally) not seen it. I for one am tired of trading productivity and approved harassment for a few extra dollars, all the while I'm flying more and getting nickled and dimed by medical expenses (anybody looked at our vision plan? We're pilots for crying out loud!) and reduced profit sharing. And now we are even 'negotiating' to keep a part of our contract in force! If people aren't willing to tell DALPA enough is enough, by way of rejecting any future agreement that doesn't measure up to our level of contribution to the bottom line, then we deserve what we get, which I assure you will be more of the same. There are many ways to increase compensation without scaring off investors or starting a riot among non contract employees. More 401K, better trip and duty rigs, better compensation for training and vacation, and a much, much better medical plan for starters...
That's a pretty convincing argument, IMO.

If I'm not mistaken, a few years ago, RA was talking about getting to 8-10% margins, as that would be a commendable goal for an airline (I agree). The employees would benefit from a stable company.

Now we're talking 15%?

I'm not really feeling the increased benefits of having the extra stability that 15% represents, vs. 10%. Seems like 10% is sufficiently stable, and the 5% is gravy. I think we have a legitimate claim to a substantial portion of the gravy.
Old 04-24-2014 | 07:36 AM
  #154695  
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Originally Posted by tsquare
DAL $444 profit
AAL close to $400 profit
LUV $126M profit
UAL $609M loss.... ouch. Smisek is the worst CEO outside of Obama.

If it's about financials, in which direction has the budget deficit been going?
Old 04-24-2014 | 07:39 AM
  #154696  
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Medical benefits are a dead stick due to Obamacare, don't waste negotiating capital on that. You could negotiate the best medical coverage the world has ever know, and the company can simply dump it to the ACA.
Old 04-24-2014 | 08:08 AM
  #154697  
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Originally Posted by flyallnite
We've been 'told' time and time again that a strong healthy balance sheet will be the best route to more compensation. So far, I've (personally) not seen it. I for one am tired of trading productivity and approved harassment for a few extra dollars, all the while I'm flying more and getting nickled and dimed by medical expenses (anybody looked at our vision plan? We're pilots for crying out loud!) and reduced profit sharing. And now we are even 'negotiating' to keep a part of our contract in force! If people aren't willing to tell DALPA enough is enough, by way of rejecting any future agreement that doesn't measure up to our level of contribution to the bottom line, then we deserve what we get, which I assure you will be more of the same. There are many ways to increase compensation without scaring off investors or starting a riot among non contract employees. More 401K, better trip and duty rigs, better compensation for training and vacation, and a much, much better medical plan for starters...
Many around you have seen plenty of increases (enough, not nearly, but significant progress, yes)

As a NB FO, my 2012 versus 2013 compensation increased 27% for the same number of workdays.

The medical plan increases were more than offset by the health rewards dollars, so my medical increase was 0%.
Old 04-24-2014 | 08:14 AM
  #154698  
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Originally Posted by newKnow
If it's about financials, in which direction has the budget deficit been going?
Are you talking about the US deficit? I have zero idea how anybody can defend $17,000,000,000,000 in debt when the number of people chipping in to pay for it is going down. It's "unpatriotic" (now who said that?) to run those kinds of numbers. But I guess if you are talking about rate of increase/decrease, the books should balance when J.L.Picard is flying around the galaxy.
Old 04-24-2014 | 08:25 AM
  #154699  
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Originally Posted by tsquare
Are you talking about the US deficit? I have zero idea how anybody can defend $17,000,000,000,000 in debt when the number of people chipping in to pay for it is going down. It's "unpatriotic" (now who said that?) to run those kinds of numbers.
Yes, the US deficit. The $17 trillion you refer to is the national debt.


In which direction has the US deficit been going? Larger, or smaller?

Patriotic, or un-patriotic?
Old 04-24-2014 | 08:28 AM
  #154700  
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Originally Posted by shiznit
Many around you have seen plenty of increases (enough, not nearly, but significant progress, yes)

As a NB FO, my 2012 versus 2013 compensation increased 27% for the same number of workdays.

The medical plan increases were more than offset by the health rewards dollars, so my medical increase was 0%.
How were your medical plan increases offset by the reward dollars? They did not increase the reward dollars but actually made it harder to get them.
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