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Originally Posted by ERAUAV8R
(Post 3679718)
stock price means nothing. We have lots of planes and cheap tickets. Plus word of mouth is our best advertisement. The planes are new and our destinations are good. As long as the weather behaves and doesn’t storm much. It’s a rough time in the industry for everyone.
However a de-listed company can have problems raising additional money, as "stock price" often = reputation and credibility for lenders and investors. |
I feel this place is beyond repair. Several 10 year captains leaving, FOs leaving at a record pace, the highest in the industry actually. Management that has threatened pilots with section 19s, extreme cost cutting measures, this place is a type rating factory to the legacies. Our outlook is not bright. Don’t get stuck and look back at your career knowing that you could have made the jump to a better life. When’s the last time you told someone you fly for frontier and didn’t have that cringey taste in your mouth.
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Originally Posted by DontStahl320
(Post 3679884)
I feel this place is beyond repair. Several 10 year captains leaving, FOs leaving at a record pace, the highest in the industry actually. Management that has threatened pilots with section 19s, extreme cost cutting measures, this place is a type rating factory to the legacies. Our outlook is not bright. Don’t get stuck and look back at your career knowing that you could have made the jump to a better life. When’s the last time you told someone you fly for frontier and didn’t have that cringey taste in your mouth.
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Originally Posted by DontStahl320
(Post 3679884)
I feel this place is beyond repair. Several 10 year captains leaving, FOs leaving at a record pace, the highest in the industry actually. Management that has threatened pilots with section 19s, extreme cost cutting measures, this place is a type rating factory to the legacies. Our outlook is not bright. Don’t get stuck and look back at your career knowing that you could have made the jump to a better life. When’s the last time you told someone you fly for frontier and didn’t have that cringey taste in your mouth.
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Originally Posted by Aero1900
(Post 3679903)
I gave your mom a cringey taste in her mouth last night
Originally Posted by HSCompressor
(Post 3679723)
Why do so many people at this company believe this place is going bust? One day we will just walk into work and there will be a closed for business sign on the front door.
Wait until you've been overseas on a trip and find that the company closed the doors last night. It's happened. That doesn't mean it will happen here, but your assertion that this isn't reasonable indicates you may be new to aviation.
Originally Posted by HSCompressor
(Post 3679723)
if you knew for a fact that this place was going under, you’d be an idiot to stay. Everyone would be idiots to stay.
Originally Posted by Aero1900
(Post 3679762)
Upper management is paid with stock, not salary. It's the same at most every company.
It's the same at most every company. |
Originally Posted by JohnBurke
(Post 3679907)
We're very lucky to have intelligent, well-spoken, mature professionals who can contribute to the discussion.
If you'd said that upper management gets stock in addition to salary, you'd have been closer to making a correct statement. As it is, you're not. Yes, the correct statement should read that Biffle makes both a salary and a significant amount of company stock. But I'm pretty sure he makes 10x more in stock than in salary. And for the exact reasons I mentioned. The point that actually matters is that him selling stock is to be expected, it's a significant chunk of his income. Doesn't mean the ship is sinking. I'll clean up my act for you though |
Originally Posted by Aero1900
(Post 3679926)
I'll clean up my act for you though
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[QUOTE=JohnBurke;3679907
Operations that go bust never do so with no pilots to come to work. There are always plenty of pilots in the shop when the doors close, and if you've never seen an operation close so fast that people literally show up and the doors are closed, then you're new to aviation. Wait until you've been overseas on a trip and find that the company closed the doors last night. It's happened. That doesn't mean it will happen here, but your assertion that this isn't reasonable indicates you may be new to aviation. When the doors close, there are always pilots still employed, who hung on until the bitter end. Even when they knew the doors were closing. .[/QUOTE] You're right I am new. Didn't mean to offend you with my ignorance. Company makes a profit. Has a large airbus order in the books. Relatively low debt. Owned by a holding company that seems to have plans to grow its various aviation investments around the world. But you know, between the class action lawsuit against F9 for baggage fees, Barry selling his stock, our performance metrics, all signs point to shutting the doors very soon. What company do you work for so I can sling your gear as an "new aviation" FO? Give me your Airline Pilot Central knowledge. |
People have been saying Go Jet & Mesa are inevitably shutting down for years and here we are. We're not shutting down, we are making a million dollars per day for Indigo & Barry.
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1 Attachment(s)
Originally Posted by Aero1900
(Post 3679926)
You take this a little too seriously and a little too literally.
Yes, the correct statement should read that Biffle makes both a salary and a significant amount of company stock. But I'm pretty sure he makes 10x more in stock than in salary. And for the exact reasons I mentioned. The point that actually matters is that him selling stock is to be expected, it's a significant chunk of his income. Doesn't mean the ship is sinking. I'll clean up my act for you though 2. Selling stock while the price is falling raises eyebrows * Barry has sold more since May 2023 than he has ever sold at any point previous: http://openinsider.com/screener?s=UL...cnt=100&page=1 https://finance.yahoo.com/sec-filing...00033_1670076/ |
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