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Originally Posted by HSCompressor
(Post 3764838)
Did anyone honestly believe there was going to be a quick contract? Like really. It took the legacies a couple years. There’s no reason to assume anything less for us.
It's a marathon and not a sprint. |
Originally Posted by Russs
(Post 3764908)
zero “financial impact” is what he said….i don’t know if that is just clever wording or not….probably is.
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Originally Posted by Aero1900
(Post 3764863)
Frontier stock is up 20% today.
Investors are obviously happy with our results |
Originally Posted by monkeyboy511
(Post 3764942)
Take in consideration a momentary uptick in stock price does not necessarily indicate increase investor demand.
Whether or not that interest is sustainable remains to be seen, which aligns with the hold recommend you pointed out. (SAVE, DAL, UAL under normal volume averages.) |
Originally Posted by Russs
(Post 3764908)
zero “financial impact” is what he said….i don’t know if that is just clever wording or not….probably is.
|
Strange that not one Frontier person on the call expressed opinion, observations, or even "touched" (without prompting) the Spirit/Jetblue merger. Almost like it is radioactive
sometimes it is what isn't said that communicates things.... hope folks are following closely boys |
Originally Posted by Russs
(Post 3764908)
zero “financial impact” is what he said….i don’t know if that is just clever wording or not….probably is.
|
Originally Posted by ginntonic
(Post 3764955)
True. But we did have significant volume associated with the uptick in price, which I view as a positive.
Whether or not that interest is sustainable remains to be seen, which aligns with the hold recommend you pointed out. (SAVE, DAL, UAL under normal volume averages.) If Spirit's numbers are so bad that the Bankruptcy discussion starts again, it will be interesting to see which of the other carriers get the biggest bump. This is where it is tough to watch as a pilot as you see some folks getting screwed for situations way beyond their control. I hope for the best for all pilots, but it does not look so good right now for some. Careful not to rejoice in others misery (not saying anyone here is doing that) because you may be the one in misery in the next cycle. I flew with a Captain back at TWA who told me an interesting story. Said he had a job offer from TWA, UA, and AA in 1967. It was the easiest decision he ever made. It was totally wrong, but the easiest decision he ever made!! Then had a Captain at UA on our jumpseat who got shot down by both TWA and Pan Am in 1967, so he had to go with lowly United. Every one of his squadron mates in the AF no lie pittied him. Fast forward not quite 30 years and on the first 777 bid available at any airline in the world he was a 777 Cap! You'll know when you retire which of your decisions were good and which were bad. Remember, that bad piloting can ruin an airline, but good piloting can't save it from bad management! |
I don't know about you all, but I get the feeling that manegment will likely heavily low ball the pilot group on the next contract that won't even be here by 2025-2026. They will simply cover attrition with fresh CFI's and exploit cheap labor. Once captains get the opptertunity to leave in droves all they are going to do is offer a 100K sign on bonus and get direct entry captains.
They're literally turning F9 into a regional and it's plain as day. I was hopeful they where going to atleast get to jetblue rates, but in my opinion they will pass a mega lowball deal that only increases rates 15% and they will tell you that's the best they can do. Keep in mind when BL tells us "they simply can't afford to pay industry rates" when they go tell their investors they are projecting a 10% profit and 200 million dollar cost reduction in restructuring the network to 80% day trips by 2025. This all comes on the backs of the pilots who are uprooted from their homes and discplaced to a base across the country to do day turns.... If you're thinking about leaving you should. they continue to say they will open up several new bases as the aircraft orders keep coming.... They certantily aren't filling those vacancies with all new hires. they are filling those positions with you which requires a transon commute. Look at vegas just as an example. This airline has so much potential to be a career airline, but they have time and time again shown 0 regaurd in improving the pilots QOL or earnings. I'm not going to be sitting around hoping for a great contract and lose thousnads of senority numbers as we wait for a substandard contract. |
Originally Posted by GoCats67
(Post 3765073)
I think if SAVE numbers are bad tomorrow, it will likely boost Frontier as well. Believing that you could be the only significant ULCC left standing would likely cause short term money interest. Even if people don't believe in it for the long term, their money goes where they think it can make money this week/month/year (prob in that order)
If Spirit's numbers are so bad that the Bankruptcy discussion starts again, it will be interesting to see which of the other carriers get the biggest bump. This is where it is tough to watch as a pilot as you see some folks getting screwed for situations way beyond their control. I hope for the best for all pilots, but it does not look so good right now for some. Careful not to rejoice in others misery (not saying anyone here is doing that) because you may be the one in misery in the next cycle. I flew with a Captain back at TWA who told me an interesting story. Said he had a job offer from TWA, UA, and AA in 1967. It was the easiest decision he ever made. It was totally wrong, but the easiest decision he ever made!! Then had a Captain at UA on our jumpseat who got shot down by both TWA and Pan Am in 1967, so he had to go with lowly United. Every one of his squadron mates in the AF no lie pittied him. Fast forward not quite 30 years and on the first 777 bid available at any airline in the world he was a 777 Cap! You'll know when you retire which of your decisions were good and which were bad. Remember, that bad piloting can ruin an airline, but good piloting can't save it from bad management! -Are the big 3/4 too big to fail? (Pan Am and TWA never had that luxury) -Will the government pick winners and losers by bailing out some and not others? -Will the government manipulate the market by denying mergers and acquisitions? -Will the government/FAA manipulate the market by controlling airport gates and slots? -Have the legacies figured out how to operate and compete more effectively? Particularly against LCCs? The other thing is all these credit cards these airlines push now. Apparently the real source of revenue is all these credit card schemes. I think there’s something to be said for a more uncertain career here. But, like you said. You won’t know until you retire. |
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