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Old 02-13-2018, 11:59 AM
  #101  
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Originally Posted by WhistlePig View Post
JetBlue has a moral duty to take care of its crewmembers and deal fairly with its business partners. And I agree, that is a good way to run a business. (And they only way to run a business that's foundation is the 5 values and culture, but I digress) Southwest has always put its employees ahead of its customers and empowered its employees to take care of the customers. It works.

But, JetBlue's only legal duty is the duty to its shareholders. If the shareholders think that their ROI is being diminished by bad business decisions such as spending too much on pilot compensation for example, they will seek a remedy in law. That remedy could include cash payouts representative of what the shareholders should have been paid or ouster of the board and taking control of the company. Imagine what that chaos would do to our job stability.

I agree goodwill is beneficial, but it is also very hard to quantify. We would be better off if management treated us the way they should. But they have no legal duty to do so.

Lastly, be careful comparing us to DAL/UAL/AA regarding goodwill and legal duties to shareholders. That legal duty resulted in strategic bankruptcies with the sole purpose of discharging pension obligations. Those bankruptcies ruined lives. Those companies could have restructured differently and followed a moral duty to their employees, but instead they honored their legal duty to their shareholders absolutely and without concern for the effect on the employees. It's not personal, it's the airline business.

For now, treat each other with respect, wear your lanyard, and fly
SOP.

How quickly we forget
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Old 02-13-2018, 01:20 PM
  #102  
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Originally Posted by WhistlePig View Post
That may work for you but not everyone has been here for 10 years and had the opportunity to amass a savings cushion. That takes time. You will have folks leaving laterally if a strike is likely and you will have folks getting preferential interviews at ALPA carriers and leaving if there is a strike. A strike is a tool, but it is a tool that cuts both ways and is not something that should be threatened lightly.
I dont take it lightly, but I will drive for Uber, fly contract work, greet at Walmart, move back in with my parents if that is what it takes to make these scheming people pay market rate.
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Old 02-13-2018, 01:24 PM
  #103  
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Originally Posted by hilltopflyer View Post
They don't have to do any with regards to shareholders... it's not legally binding that the bod act in their best interest
That statement is patently false.
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Old 02-13-2018, 03:47 PM
  #104  
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Originally Posted by pilotpayne View Post
How quickly we forget


When a company declares bankruptcy, the shareholders walk away with nothing more times than not...it burns everyone except the bondholders 99% of the time.

Hey jetblue...FUPM,

FC
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Old 02-13-2018, 05:15 PM
  #105  
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Originally Posted by WhistlePig View Post
That statement is patently false.
No because the bod can spin any decision they make any way they want. Gave pilots a market rate contract so we can keep hiring quality pilots, we built a new lodge (with a bod family building it) because it will make the brand better, even though they say it cost more money to lodge new hires there.
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Old 02-14-2018, 05:03 AM
  #106  
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Originally Posted by hilltopflyer View Post
No because the bod can spin any decision they make any way they want. Gave pilots a market rate contract so we can keep hiring quality pilots, we built a new lodge (with a bod family building it) because it will make the brand better, even though they say it cost more money to lodge new hires there.
Truth! Wall street is already aware that a contract is coming. They could pay us well and spin it as an investment in the brand. No one has been fired at UAL, SWA, DAL, UPS, etc. over their pilot compensation. Too bad they have already destroyed the culture here through greed.
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Old 02-17-2018, 05:12 AM
  #107  
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Originally Posted by rvr1800 View Post
queue do you work at jetBlue? If so have you reached out to your reps about this? What was the response?
Crickets....
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Old 02-17-2018, 05:16 AM
  #108  
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Originally Posted by PasserOGas View Post
No one has been fired at UAL, SWA, DAL, UPS, etc. over their pilot compensation.
Because we allow the idiotic MBAs of the management class of U.S. corporations to lie to us without ever challenging them.

Myth of fiduciary responsibility
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Old 02-17-2018, 05:23 AM
  #109  
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Originally Posted by WhistlePig View Post
But, JetBlue's only legal duty is the duty to its shareholders. If the shareholders think that their ROI is being diminished by bad business decisions such as spending too much on pilot compensation for example, they will seek a remedy in law. That remedy could include cash payouts representative of what the shareholders should have been paid or ouster of the board and taking control of the company. Imagine what that chaos would do to our job stability.

I agree goodwill is beneficial, but it is also very hard to quantify. We would be better off if management treated us the way they should. But they have no legal duty to do so.

Lastly, be careful comparing us to DAL/UAL/AA regarding goodwill and legal duties to shareholders. That legal duty resulted in strategic bankruptcies with the sole purpose of discharging pension obligations. Those bankruptcies ruined lives. Those companies could have restructured differently and followed a moral duty to their employees, but instead they honored their legal duty to their shareholders absolutely and without concern for the effect on the employees. It's not personal, it's the airline business.

For now, treat each other with respect, wear your lanyard, and fly SOP.
Incorrect on many grounds. Fiduciary law is not to shareholders, it's to do things in the best interest of the company. Please see my posting Myth of fiduciary responsibility and read the law for yourself.

Secondly, those bankruptcies were not caused by companies paying per the actual cost of doing business. Bankruptcy is the new management 101 technique of restructuring. They are merely playing the MBA game.
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Old 02-17-2018, 06:16 AM
  #110  
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Originally Posted by cf105 View Post
If given the options, both interviews passed, would you choose to take the CJO and the April class at Spirit, or keep going with jetBlue even if the hiring process is much longer and you won't get a class until Sept?

One may vote a new contract within a month, the other one will eventually get one...
I’ll second the majorities opinion - go to Spirit and if you like JB better give NK two weeks notice when JB is a real, and not just a hypothetical, option.

But what’s your final goal? NK or JB and done? Or a Big 3 job? Do you have any 121 PIC time? How much? If the answer is none, or very little, and a Big 3 job is your final destination I’d wait for the upgrade, get 1000 hrs 121 TPIC, and if a CKA slot isn’t in the horizon I’d switch to NK/JB at that time.

Years ago TPIC was the only minimum standard they wouldn’t waive. They did in a few cases and had a high number of washouts.
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