Connecting Dots
01-01-2024 | 06:00 AM
#11
Line Holder
Joined: Mar 2011
Posts: 79
Likes: 0
Quality response. Maybe I will.
My point is that I don’t think this pilot group realizes yet who JD truly is. I am surprised that the clowns at ALPO didn’t use that against us towards the end of their roadshows while they were trying to scare us in to voting yes on the crappy TA. It would have fit nicely on the slide under the threats of furlough.
Time to wake up boys and girls. This isn’t your daddy’s airline.
My point is that I don’t think this pilot group realizes yet who JD truly is. I am surprised that the clowns at ALPO didn’t use that against us towards the end of their roadshows while they were trying to scare us in to voting yes on the crappy TA. It would have fit nicely on the slide under the threats of furlough.
Time to wake up boys and girls. This isn’t your daddy’s airline.
01-01-2024 | 06:14 AM
#12
Banned
Joined: Aug 2019
Posts: 1,244
Likes: 0
It never was. And JD is CFO not CEO, he's not in the same position as he was at Atlas. But yes, every thing is gloom and doom while we go through the same negotiating process that airlines have done for decades. Meanwhile our staunch union pilots cobble up open time because of course flying all they can gives the union the help it needs.
01-01-2024 | 08:03 AM
#14
On Reserve
Joined: Dec 2017
Posts: 49
Likes: 2
Someone on the Board needed a fourth on their golf team for the country club championship. JD must have a good game. After JD welches on a few side bets... he'll be gone. I could be wrong 😂
01-01-2024 | 08:06 AM
#15
Aspiring PSA Captain
Joined: Sep 2020
Posts: 1,133
Likes: 190
Apples and oranges.
01-01-2024 | 11:47 AM
#16
Line Holder
Joined: Mar 2006
Posts: 424
Likes: 1
From: B767 FO
This....the original starter gets its. Whatever is coming our way, that's the disturbing part to me. Yes, we deserve/need a respectable contract and that of course is going to take a lot of work and attention of our union.
Not being discussed, possibly being missed are the issues going on with the BOD, DE Shaw, Raj, DRIVE/Network 2.0, Dietrich, etc with company and other events on the ALPA National Stage, Age 67/Crew Complement etc.
I've been in this industry coming up on 30 years, and fascinated by it's entire history . As mentioned, there is nothing going on here that hasn't happened at another airline and pilot group.
We are distracted, and from my experience and knowledge, both in life and the profession, the things that you don't see coming are more impactful than those things you see right infront of you.
Not being discussed, possibly being missed are the issues going on with the BOD, DE Shaw, Raj, DRIVE/Network 2.0, Dietrich, etc with company and other events on the ALPA National Stage, Age 67/Crew Complement etc.
I've been in this industry coming up on 30 years, and fascinated by it's entire history . As mentioned, there is nothing going on here that hasn't happened at another airline and pilot group.
We are distracted, and from my experience and knowledge, both in life and the profession, the things that you don't see coming are more impactful than those things you see right infront of you.
01-01-2024 | 11:57 AM
#17
Gets Weekends Off
Joined: Dec 2021
Posts: 558
Likes: 0
I didn't know fortune 50 companies chose their C suite like this. It seems their interview process is less stressful than the average 22 year old going to PSA. He is at FX for a reason sir.
01-02-2024 | 06:08 AM
#18
Line Holder
Joined: Sep 2014
Posts: 832
Likes: 4
But I'm wondering if you or someone else can elaborate on the DE Shaw piece? I tried a quick Google and I'm not "connecting the dots" on these comments.
Respond here or via PM. Thanks.
01-02-2024 | 06:20 AM
#19
Aspiring PSA Captain
Joined: Sep 2020
Posts: 1,133
Likes: 190
Activist investment firm with de facto control over the BOD at the moment. Look them up. They swoop in and make companies "more efficient" thus "unlocking value". Value for whom? Debatable.
01-02-2024 | 02:50 PM
#20
China Visa Applicant
Joined: Oct 2006
Posts: 1,964
Likes: 16
From: Midfield downwind
There are 14 personnel on the BoD.
DE Shaw influenced two of those appointments and have an agreement which will allow them to name a third at some point.
It is perplexing to me how 3 members of a board of 14, which represent the interests of Shaw's 1% share of the company, could have "de facto control".
FedEx raises dividend, adds directors in agreement with D.E. Shaw
I think it is just as important to recognize that McKinsey and Company are also in Fred's House and seem to be advising Raj and the gang to slash/and/burn to increase the bottom line.
Certainly the combination of Shaw influencing Board decisions and McKinsey consulting on how to increase shareholder benefit, with the addition of Mr JD in the C Suite team, is going to equal some strange times ahead for organized and nonunionized labor at Purple.
DE Shaw influenced two of those appointments and have an agreement which will allow them to name a third at some point.
It is perplexing to me how 3 members of a board of 14, which represent the interests of Shaw's 1% share of the company, could have "de facto control".
FedEx raises dividend, adds directors in agreement with D.E. Shaw
I think it is just as important to recognize that McKinsey and Company are also in Fred's House and seem to be advising Raj and the gang to slash/and/burn to increase the bottom line.
Certainly the combination of Shaw influencing Board decisions and McKinsey consulting on how to increase shareholder benefit, with the addition of Mr JD in the C Suite team, is going to equal some strange times ahead for organized and nonunionized labor at Purple.
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