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Old 12-27-2016, 12:31 PM
  #6481  
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This is why I hate the modern stock market and management for the quarter.

Last couple sentences from the article:

"The airlines are still making a lot of money, and no crisis is at hand. But investors prize earnings that are growing, and the downward drift for airlines is only getting steeper."

Earnings is decreasing but they are still wildly profitable despite the new labor contracts. God forbid we take care of our employees the people that support the economy. I hate Wall Street
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Old 12-27-2016, 12:45 PM
  #6482  
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Originally Posted by Qotsaautopilot View Post
This is why I hate the modern stock market and management for the quarter.

Last couple sentences from the article:

"The airlines are still making a lot of money, and no crisis is at hand. But investors prize earnings that are growing, and the downward drift for airlines is only getting steeper."

Earnings is decreasing but they are still wildly profitable despite the new labor contracts. God forbid we take care of our employees the people that support the economy. I hate Wall Street
I thought the same exact thing.
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Old 12-27-2016, 12:54 PM
  #6483  
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Originally Posted by Trowserchilli View Post
You can join DN ranks with him.
I don't wish ill will on anyone. If someone's going on another airlines thread, advertising, and talking **** about that carrier that person gets everything they deserve. Especially while the pilot group is working hard for a new CBA.

Spirit raised the bar for the industry attaining an excellent contract during one of our countries greatest recessions.
That's a great instance that dispells your leverage logic.

Frontier's 180 or 230 pax aircraft aren't light twins either, compared to crj's or emb's at Envoy.

So yeah as soon as the economy tanks again American will be one of the first to furlough, out goes the flow through. Hence the light twin comment.

Here's a good read just for you and the **** stain above from Envoy.

http://fortune.com/2016/08/01/big-airline-profits/
The original guy who spouted off his Envoy garbage should have been ignored from the get go. My point to you was simply to draw attention to the negative outcome a tanked economy would not only have for him but for yourself and others. Sure sounded like a pretty cocky thing to say honestly when your pilot group is going through such difficult times during a strong economy.

Excellent point about Spirit's big gain in a slumping economy. Who else has done the same thing in recent times? Honest question as I really can't recall any others.

I know I'm sounding like captain obvious here but during the past 5 years United, Delta, American, SWA, FDX, UPS and Allegiant have made massive gains. You guys have been spinning your wheels during all of these gains due to a management team that clearly knows how to stall out as long as possible. It's frustrating as all can be when there is not much you can do besides show up and do your job like a professional.

If you'd like to bank on Spirit's success during tough times as an insurance policy in the event your negotiations drag into a slumped economy (hopefully not the case) then all I can say is best of luck and I'll stand with you guys at any picket until you get what you deserve.

My comment about your Airbus being light twins was a joke by the way. I recall many of times when I was at Republic the term "light twin" thrown at us from Frontier guys over the radio. Never really got the aircraft ego thing then nor do I get it now flying larger equipment. Just pay me as much as possible to work the least possible seems more important than passenger capacity or gross weight.
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Old 12-27-2016, 01:00 PM
  #6484  
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Originally Posted by Qotsaautopilot View Post
This is why I hate the modern stock market and management for the quarter.

Last couple sentences from the article:

"The airlines are still making a lot of money, and no crisis is at hand. But investors prize earnings that are growing, and the downward drift for airlines is only getting steeper."

Earnings is decreasing but they are still wildly profitable despite the new labor contracts. God forbid we take care of our employees the people that support the economy. I hate Wall Street
I totally agree with you on those last few sentences. Almost comical really...
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Old 12-27-2016, 02:34 PM
  #6485  
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Originally Posted by SUX4U View Post
The original guy who spouted off his Envoy garbage should have been ignored from the get go. My point to you was simply to draw attention to the negative outcome a tanked economy would not only have for him but for yourself and others. Sure sounded like a pretty cocky thing to say honestly when your pilot group is going through such difficult times during a strong economy.

Excellent point about Spirit's big gain in a slumping economy. Who else has done the same thing in recent times? Honest question as I really can't recall any others.

I know I'm sounding like captain obvious here but during the past 5 years United, Delta, American, SWA, FDX, UPS and Allegiant have made massive gains. You guys have been spinning your wheels during all of these gains due to a management team that clearly knows how to stall out as long as possible. It's frustrating as all can be when there is not much you can do besides show up and do your job like a professional.

If you'd like to bank on Spirit's success during tough times as an insurance policy in the event your negotiations drag into a slumped economy (hopefully not the case) then all I can say is best of luck and I'll stand with you guys at any picket until you get what you deserve.

My comment about your Airbus being light twins was a joke by the way. I recall many of times when I was at Republic the term "light twin" thrown at us from Frontier guys over the radio. Never really got the aircraft ego thing then nor do I get it now flying larger equipment. Just pay me as much as possible to work the least possible seems more important than passenger capacity or gross weight.
You're really underestimating the strength of the ULCC business model. Spirit did well during the downturn and so will Frontier. We don't have legacy costs, our neo's burn 16% less fuel, and we already have a 25+% profit margin. No one here is worried about our jobs come the next downturn, but we often comment about how quickly and deep the legacies will cut jobs. So yes, I'll bank on Spirit's success.

Our guys haven't been spinning their wheels. They've been through a lot in the last 7 years, no thanks to Republic.

I think it's vitally important for every professional pilot in the nation to stand with Frontier pilots whenever and wherever we picket, so I thank you for that. It's in all of our best interests to put an end to substandard pilot wages.
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Old 12-27-2016, 05:31 PM
  #6486  
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Originally Posted by SUX4U View Post
The original guy who spouted off his Envoy garbage should have been ignored from the get go. My point to you was simply to draw attention to the negative outcome a tanked economy would not only have for him but for yourself and others. Sure sounded like a pretty cocky thing to say honestly when your pilot group is going through such difficult times during a strong economy.

Excellent point about Spirit's big gain in a slumping economy. Who else has done the same thing in recent times? Honest question as I really can't recall any others.

I know I'm sounding like captain obvious here but during the past 5 years United, Delta, American, SWA, FDX, UPS and Allegiant have made massive gains. You guys have been spinning your wheels during all of these gains due to a management team that clearly knows how to stall out as long as possible. It's frustrating as all can be when there is not much you can do besides show up and do your job like a professional.

If you'd like to bank on Spirit's success during tough times as an insurance policy in the event your negotiations drag into a slumped economy (hopefully not the case) then all I can say is best of luck and I'll stand with you guys at any picket until you get what you deserve.

My comment about your Airbus being light twins was a joke by the way. I recall many of times when I was at Republic the term "light twin" thrown at us from Frontier guys over the radio. Never really got the aircraft ego thing then nor do I get it now flying larger equipment. Just pay me as much as possible to work the least possible seems more important than passenger capacity or gross weight.
We haven't even been in negotiations for 12 months, and we opened a year early. Things are moving faster than average. The wheels are not "just spinning".
It's a process but the contract will come.
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Old 12-29-2016, 01:44 PM
  #6487  
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Anyone that had a recent interview can PM me please
thank you
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Old 12-29-2016, 09:45 PM
  #6488  
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Originally Posted by SpankysLadder View Post
You're really underestimating the strength of the ULCC business model. Spirit did well during the downturn and so will Frontier. We don't have legacy costs, our neo's burn 16% less fuel, and we already have a 25+% profit margin. No one here is worried about our jobs come the next downturn, but we often comment about how quickly and deep the legacies will cut jobs. So yes, I'll bank on Spirit's success.
When you refer to "legacy costs", are you referring to the notion that practically the only thing that is substantially cheaper at the ULCC are employee wages. If so, then great job with the ULCC model, mission accomplished.
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Old 12-30-2016, 07:16 AM
  #6489  
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Originally Posted by full of luv View Post
When you refer to "legacy costs", are you referring to the notion that practically the only thing that is substantially cheaper at the ULCC are employee wages. If so, then great job with the ULCC model, mission accomplished.
Read my entire post. I'm not in favor of substandard pilot wages. When I speak of "legacy costs" I'm referring to the long term expense burdens that any legacy employer has. Whether it's GE, Boeing, or Southwest. Legacy costs are a squeeze on profit margin. We are a young company. That was my point.
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Old 12-30-2016, 04:51 PM
  #6490  
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Originally Posted by full of luv View Post
When you refer to "legacy costs", are you referring to the notion that practically the only thing that is substantially cheaper at the ULCC are employee wages. If so, then great job with the ULCC model, mission accomplished.
You know that's not true, right? All of our operating costs are lower than the big 3. Pilot compensation is lower of course, but so is everything else. United CASM is 12 cents/ mile, ours is 6 or less. That's half the cost per seat mile. You think that's only pilot compensation?
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