2Q 2025 Earnings Call - Aug 5
#212
Line holder
Joined: Aug 2018
Posts: 217
Likes: 11
No it’s pretty spot on for the most part. We aren’t large enough to bargain for the latest and greatest we get what the legacies work for minus 5% because we’re smaller and a ULCC. That’s what you’re getting at with “who we work for” I think. Look at where we fell before everyone’s last round.. approximately within 5%, that’s where we should land again. Much less and I’ll vote no.
As far as “the company can’t afford it” line I keep hearing.. that’s what they said last time. Are you aware of our profits before and after our last CBA?
2016: +200M
2017: +162M
2018: +80M
2019: CBA ratified +251M
Strange how they just couldn’t pay and the year we get a CBA we make $251M and BB said “I thought it would be more”. He’s got 90% of us right where he wants us, wake up and have some respect for yourselves. I don’t care what Bob thinks, we have hundreds of lives in our hands and we do a job that is HIGHLY skilled. We get paid, or we vote no. It’s simple.
As far as “the company can’t afford it” line I keep hearing.. that’s what they said last time. Are you aware of our profits before and after our last CBA?
2016: +200M
2017: +162M
2018: +80M
2019: CBA ratified +251M
Strange how they just couldn’t pay and the year we get a CBA we make $251M and BB said “I thought it would be more”. He’s got 90% of us right where he wants us, wake up and have some respect for yourselves. I don’t care what Bob thinks, we have hundreds of lives in our hands and we do a job that is HIGHLY skilled. We get paid, or we vote no. It’s simple.
I agree, the “who we work for” comment is exactly that. That’s one of the things I’ve point out to many guys before all the new contracts were signed. We were only a few dollars per hour away from Delta and American can’t remember United’s but I’m sure it wasn’t much different. I also feel the same way much less and it’s already a NO from me. There are certain things that have to happen for it to be a yes and that’s just one. No one is talking about our insurance premiums going up a minimum of 12% next year and the companies reasoning behind it. But we have no hard evidence to support the claims they made. Especially when the union puts out an email detailing exactly how much it’s gone up over the past three years. LTD premium going up 31% for captains, what a joke. FOs think that affects them now but when I’ve explained that’s a Captian thing they are like oh I’m not worried about it then. You should be, so do you not want to sit in the left seat one day?
While I agree the company played games last round and magically they made a huge profit we just don’t know what it is going to be this time around. They could decide to change rapidly after we sign a new contract that is far below where it should be to make the difference up. Makes you wonder if they are slow rolling this and showing “losses” to make it seem like well we really can’t afford to do this. It’s anyone’s guess as to what is going on. All I can say is get your affairs in order because it’s shaping up to be a long fight. Everyone forgets how airline pilots used to be paid by the amount of seats they flew, I.e. why wide body pilots got paid an extreme amount. We currently fly a wide body amount of people so yes we have more responsibility and more at risk and that’s not even mentioning the fact of if something goes wrong and you have to make the decision to evacuate the plane you’re now in charge of properly maintaining a safe execution of more people getting off our crammed planes. I don’t know at the end of the day I know what I want and if it’s not a reality it’s a NO and then if it becomes so bad that there’s no end in sight I’m out.
#213
Line Holder
Joined: Jun 2021
Posts: 1,363
Likes: 102
From: Joystick Operator
Everyone forgets how airline pilots used to be paid by the amount of seats they flew, I.e. why wide body pilots got paid an extreme amount. We currently fly a wide body amount of people so yes we have more responsibility and more at risk and that’s not even mentioning the fact of if something goes wrong and you have to make the decision to evacuate the plane you’re now in charge of properly maintaining a safe execution of more people getting off our crammed planes..
#214
Line holder
Joined: Aug 2018
Posts: 217
Likes: 11
While you’re correct about this, let’s not forget to mention COVID. That screwed a lot of things up and it’s really never been the same for us since then.
#215
Line holder
Joined: Aug 2018
Posts: 217
Likes: 11
#216
Old Hire
Joined: Feb 2020
Posts: 73
Likes: 13
From: 320 CP
also you’re wrong, we made 85M net profit last year
#217
Almost there
Joined: Apr 2021
Posts: 1,968
Likes: 109
And actually a very small profit in 2024 until we took a self imposed valuation allowance hit
#218
Line Holder
Joined: Mar 2017
Posts: 267
Likes: 8
Go ahead and explain how they’re gonna be able to keep the lights on with the new contract offer we put to them. They can barely afford the current one.
#219
Almost there
Joined: Apr 2021
Posts: 1,968
Likes: 109
So you’re saying that in 3 of the last 6 years, the company made meager profits (primarily due to sale leasebacks) on our current contract.
Go ahead and explain how they’re gonna be able to keep the lights on with the new contract offer we put to them. They can barely afford the current one.
Go ahead and explain how they’re gonna be able to keep the lights on with the new contract offer we put to them. They can barely afford the current one.
Why don’t you give us your number? What’s the magic number? Should we take pay cuts to help the team?
What’s going to happen if Barry keeps his promise and gets us back to double digit margins next year (400M) and your number got signed? We were well on our way this year before BAM! What if we are well on our way next year, and the year after that, and the year after that. The SLB transactions are only speeding up for the next 5 years.
#220
On Reserve
Joined: Nov 2023
Posts: 170
Likes: 29
Your guess about his motivations are as good as mine. Like clock work he comes by every few days makes the same low effort argument. Then we all spend the next few days explaining INDIGO IS MAKING A PROFIT AND BUYING OTHER AIRLINES ,BERRY IS MAKING HIS PREFORMANCE GOALS FOR HIS 8 MILLION. THE OPERATION HAS MASSIVE INEFFECIENTIES WE ARE WAY OVERSTAFFED. THE MONEY IS THERE THE PEOPLE RUNNING INDIGO RATHER PLAY GAMES THEN PAY US.
If we don't get something soon. The NC should rework the numbers with inflation in mind and looking forward. I would also like to see a yearly increase of at least 2% after the contract expires because we know they like to play games.
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