What's happening at Horizon and Jets?
#3041
#3042
Guest
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#3045
From the Alaska subforum
"The ANC BCP sent out a message yesterday about hiring.
Basically, he stated that ALK is going to show its first loss in 7 years. Management has decided to push certain costs down the road and slow growth by 4% for the year. This means that the aggressive hiring at the start of this year has already put us at the new goal. So, the decision has been made to suspend recruiting events and interviews until further notice... potentially for the rest of 2018. He said that he is going to hold off on meet & greets. He finished his E-Mail by saying that 9 pilots have resigned so far this year.
It would be nice for all the pilot group to get a memo on the pilot web page about the state of hiring.
Anyway, I've seen this movie before. They slow down / stop hiring and then it comes back to bite them in the a$$ later. Just watch. It will happen."
Basically, he stated that ALK is going to show its first loss in 7 years. Management has decided to push certain costs down the road and slow growth by 4% for the year. This means that the aggressive hiring at the start of this year has already put us at the new goal. So, the decision has been made to suspend recruiting events and interviews until further notice... potentially for the rest of 2018. He said that he is going to hold off on meet & greets. He finished his E-Mail by saying that 9 pilots have resigned so far this year.
It would be nice for all the pilot group to get a memo on the pilot web page about the state of hiring.
Anyway, I've seen this movie before. They slow down / stop hiring and then it comes back to bite them in the a$$ later. Just watch. It will happen."
#3046
Gets Weekends Off
Joined APC: Oct 2017
Position: B777, Right Side or Panda-side. Or Pandacide.
Posts: 119
This is tough to follow because I cut-n-pasted from the Alaska pages...
Originally Posted by cesnacaptn View Post
"They may have dropped SFO-MEX, but they swapped that landing slot with an additional LAX-MEX. Althought they dropped LAX-MCO and SFO-FLL, they added frequency on SEA-ORD/BUR/BNA over the summer. LAX-LIR goes from 4x per week to daily.
Not sure where that puts us net block hours, but it wasn’t a total loss of flying.
It sounds like the company is pumping the brakes on growth for the moment, cutting weakness and adding where they are strong to show some better numbers to Wall Street."
So...I responded on the Alaska page with the subject line "The Street Likes What it Sees.":
'I mean who am I...?
But I got an unsolicited text from the broker just today about the stock being a terrific investment. "Critically undervalued due to over-exaggerated and extremely short sighted fears... ...with a track record of high growth (it) is currently experiencing growing pains, but will emerge stronger...The current valuation leaves a lot of room for profit, with very little downside risk."
I'm in Corporate America returning to Part 121 flying after a long absence...the broker is successfully guiding Fortune 100 companies. Alaska will be fine.
Let the anonymous internet flaming begin.'
Alaska will be fine. It does seem like pilots, management and the media all need to collectively stop freaking out. Anyway...a fine group of young and old aviators here in Orlando at ATP/CTP. Hopefully we'll still have jobs when indoc starts on 3/19.
Originally Posted by cesnacaptn View Post
"They may have dropped SFO-MEX, but they swapped that landing slot with an additional LAX-MEX. Althought they dropped LAX-MCO and SFO-FLL, they added frequency on SEA-ORD/BUR/BNA over the summer. LAX-LIR goes from 4x per week to daily.
Not sure where that puts us net block hours, but it wasn’t a total loss of flying.
It sounds like the company is pumping the brakes on growth for the moment, cutting weakness and adding where they are strong to show some better numbers to Wall Street."
So...I responded on the Alaska page with the subject line "The Street Likes What it Sees.":
'I mean who am I...?
But I got an unsolicited text from the broker just today about the stock being a terrific investment. "Critically undervalued due to over-exaggerated and extremely short sighted fears... ...with a track record of high growth (it) is currently experiencing growing pains, but will emerge stronger...The current valuation leaves a lot of room for profit, with very little downside risk."
I'm in Corporate America returning to Part 121 flying after a long absence...the broker is successfully guiding Fortune 100 companies. Alaska will be fine.
Let the anonymous internet flaming begin.'
Alaska will be fine. It does seem like pilots, management and the media all need to collectively stop freaking out. Anyway...a fine group of young and old aviators here in Orlando at ATP/CTP. Hopefully we'll still have jobs when indoc starts on 3/19.
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