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Originally Posted by boog123
(Post 1763002)
Eastern Airlines VII could start up and just ruin everything with their 2 airplanes. GMAB
PS or not, this is a collision course with destiny that this current management team (at all the legacies) will have to face. Their current stratedgy or ducking and running and gifting capacity to fuel their competitor's growth will not work at all long term. It remains to be seen which ones, if any, have the executive talent to be up to the task. Especially when it will be a very expensve war, at least short-medium term, to fight. Its far more profitable in the short term to execute a losing stratedgy in the long run. |
Originally Posted by Smokey23
(Post 1762794)
Somebody help me out here (SWA employee). Why is your management apparently so hot to cut profit-sharing? I would think if anything they would be wanting more profitability-based compensation, as it is (from their perspective) nicely self-regulating through the good times and the bad? :confused:
Because the company knows that Wall St knows that the company could get their friends across the table to take an increase in pay that when given a reduction in PS ends up meaning a bigger bottom line number for the company. |
Originally Posted by TenYearsGone
(Post 1763015)
Perfect saying to keep the sheep in line. How come RA and "gang" do not get slaughtered?<---Because they deserve what they get paid. Along with that statement, they also believe they are worth every penny.
Sailing, keep bringing up reasons and drivel as to why we should not demand better pay/benefits:D It is entertaining and straight out of the book. I still love you man! TEN |
Originally Posted by sailingfun
(Post 1762994)
You forget a fundamental fact of business. When profit margins reach the 15% level capital and increased capacity flood the market. We might hit 5 to 6 billion next year but after that new airlines and more seats will pop up everywhere.
Much like OPEC the big 4 airlines in the US are trying to mine every dime they can get now with little thought to the future. OPEC has finally received the message and now wants to keep oil in the 70 to 80 range but they are to late. The question is will airline managements be to late. Pigs get fed, hogs get slaughtered! Our economy is hitting it's stride. More than 5 million Americans were hired in September alone. 2.5 million quit to go to higher paying jobs. I could go on and on and on, but the simple fact is demand will keep increasing domestically and we will be wildly profitable for years. Why lower expectations Sailing? What is your goal? Maybe if Delta makes "one trillion dollars" you and Austin Powers will think we deserve to restore our concessions. |
Originally Posted by gzsg
(Post 1763039)
I disagree. The oligopoly with our 3 partners is strong and solid. It would take years to flood the market. All current players understand capacity discipline.
Our economy is hitting it's stride. More than 5 million Americans were hired in September alone. 2.5 million quit to go to higher paying jobs. I could go on and on and on, but the simple fact is demand will keep increasing domestically and we will be wildly profitable for years. Why lower expectations Sailing? What is your goal? Maybe if Delta makes "one trillion dollars" you and Austin Powers will think we deserve to restore our concessions. |
Originally Posted by gzsg
(Post 1763039)
I disagree. The oligopoly with our 3 partners is strong and solid. It would take years to flood the market. All current players understand capacity discipline.
Our economy is hitting it's stride. More than 5 million Americans were hired in September alone. 2.5 million quit to go to higher paying jobs. I could go on and on and on, but the simple fact is demand will keep increasing domestically and we will be wildly profitable for years. Why lower expectations Sailing? What is your goal? Maybe if Delta makes "one trillion dollars" you and Austin Powers will think we deserve to restore our concessions. |
The company is on the road right now touting the benefits of profit sharing and it is a key component of our success vs our competitors. There is pressure from wall street to do all sorts of things, but our mgmt. is very good at saying no. I'd be very surprised to see an initiative in this regard, unless we ourselves initiate it.
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Fear:
Originally Posted by sailingfun
(Post 1762994)
You forget a fundamental fact of business. When profit margins reach the 15% level capital and increased capacity flood the market. We might hit 5 to 6 billion next year but after that new airlines and more seats will pop up everywhere.
Originally Posted by sailingfun
(Post 1762994)
Much like OPEC the big 4 airlines in the US are trying to mine every dime they can get now with little thought to the future. OPEC has finally received the message and now wants to keep oil in the 70 to 80 range but they are to late. The question is will airline managements be to late.
Originally Posted by sailingfun
(Post 1762994)
Pigs get fed, hogs get slaughtered!
Originally Posted by sailingfun
(Post 1762994)
As we reach a sustained 15% profit margin we should introduce additional capacity into the system to insure that large amounts of startup capital don't flood into airlines. Trust me it will, it always does.
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Originally Posted by gzsg
(Post 1763039)
I disagree. The oligopoly with our 3 partners is strong and solid. It would take years to flood the market. All current players understand capacity discipline.
Our economy is hitting it's stride. More than 5 million Americans were hired in September alone. 2.5 million quit to go to higher paying jobs. I could go on and on and on, but the simple fact is demand will keep increasing domestically and we will be wildly profitable for years. Why lower expectations Sailing? What is your goal? Maybe if Delta makes "one trillion dollars" you and Austin Powers will think we deserve to restore our concessions. |
Hey quick question, those of you that are recommending people are you doing the email AND the airline apps rec or is that looked down upon?
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