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#101
Gets Weekends Off
Joined: Jun 2009
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The whole premise for not trading a large number of 50-seaters for a much smaller number if 76-seaters (subject to seat remival in case if furlough) was that the 50-seaters were going away anyway, and the company wants to order 76-seaters badly enough to have us flying them. Let's see if one or both things happen before we log this as a win.
#102
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Joined: Feb 2008
Posts: 20,868
Likes: 187
The reason the company wants lower limits on JV production balance is because that is where they intend to go...lower, not higher. Think about that. And when it comes to JVs in our contract, past performance is a very good indicator of future returns. Managment WILL go below whatever floor is established without penalty and we're proposing that we let them do it by writing the language into the contract. Bad precedent for future contracts everywhere.
#103
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Joined: Jul 2010
Posts: 12,823
Likes: 166
From: window seat
Well, if they keep the 50-seaters around, the net size of DCI doesn't shrink, and we increase above our ratios without downside protection, it will prove to be a mistake, sure.
The whole premise for not trading a large number of 50-seaters for a much smaller number if 76-seaters (subject to seat remival in case if furlough) was that the 50-seaters were going away anyway, and the company wants to order 76-seaters badly enough to have us flying. Let's see if one or both things happen before we log this as a win.
The whole premise for not trading a large number of 50-seaters for a much smaller number if 76-seaters (subject to seat remival in case if furlough) was that the 50-seaters were going away anyway, and the company wants to order 76-seaters badly enough to have us flying. Let's see if one or both things happen before we log this as a win.
#104
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Joined: Jun 2015
Posts: 360
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Those events you mention affect all JV partners. So why are we always the ones to volunteer to take it in the shorts?
#105
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Joined: Jun 2015
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#106
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Joined: Jun 2009
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Got something to refute his point about flights being added?
He wasn't saying those things are coming true, but now that you mention it... I just watched the presidential debate. The swans are blacker than normal, these days. I'll take downside insurance. That is to say I'll evaluate it carefully. I'm still not sure how the floor works, considering it's global, but seems to be triggered by the TAJV.
Last edited by Sink r8; 10-11-2016 at 09:34 AM.
#107
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Joined: Jun 2015
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Not as classic as ad hominem attacks.
Got something to refute his point about flights being added?
He wasn't saying those things are coming true, but now that you mention it... I just watched the presidential debate. The swans are blacker than normal, these days. I'll take downside insurance.
Got something to refute his point about flights being added?
He wasn't saying those things are coming true, but now that you mention it... I just watched the presidential debate. The swans are blacker than normal, these days. I'll take downside insurance.
#108
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Joined: Jul 2010
Posts: 12,823
Likes: 166
From: window seat
All of those events have already happened, so you're right, he wasn't saying those things are coming true. So I guess our JV partners must be immune to those kind of things happening in their back yard because they continue to fly more than 50% of the JV flying. Must be some awesome management at those airlines.
#110
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Joined: Jun 2009
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All of those events have already happened, so you're right, he wasn't saying those things are coming true. So I guess our JV partners must be immune to those kind of things happening in their back yard because they continue to fly more than 50% of the JV flying. Must be some awesome management at those airlines.
Wat in Ukraine, economic collapse in Europe, revolution in Egypt... are all plays in which we might have seen but the first act. I wouldn't presume to predict the future on any of these points.
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