JetBlue Might Add Basic Economy Fares
02-28-2018, 03:16 PM
#51
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Originally Posted by django
Oh mine Q,
Are you not a little judgmental. Why can’t flying be both, an art and a science.
Managing a corporation is the same. You make a good lieutenant .
Are you not a little judgmental. Why can’t flying be both, an art and a science.
Managing a corporation is the same. You make a good lieutenant .
02-28-2018, 03:32 PM
#52
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Originally Posted by queue
Does a hospital run without doctors? I’m not saying pilots are more important because that can be argued endlessly in so many directions, but I will say that CEOs are nothing special vs. their high cost. There is no empirical proof that CEOs are worth the price you pay for them. You simply don’t know if a 21-year-old college dropout wouldn’t be a better choice. In fact, accomplished history proves otherwise. You can’t make the case that a CEO needs any education, skills, or experience because there have been many successful ones that have had neither starting out. A good CEO will overcome his limitations my personal drive and determination. On the other hand, you can’t make a pilot overnight. In order to produce a pilot that is acceptable to this level of operation, that’s at least 10 to 20 years of education and experience. You can argue all you want but these are facts.
As an investor, I stay away from companies with questionable CEOs and gravitate toward those with excellent, proven CEOs. You can point to outlier CEOs but you very likely don't follow the business world. Google's hiring of Eric Schmidt played an outsized role in their growth. On the other hand, meatheads like Uber's Kalanick and Snapchat's Spiegel show how a bad CEO can run a company into the ground.
Again, a pilot's impact on an airline is miniscule in comparison to a CEO. But that's cool that you guys think the sun revolves around you. Just make sure you clean the aircraft after nonrevving.
02-28-2018, 03:46 PM
#53
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Originally Posted by Andy
In light of other threads on this forum, this entire detour into how important pilots think they are is hysterical. When an EVP threatens to take away a pilot's travel privileges if they don't help clean the aircraft after nonreving, that should give you an idea of just how important pilots really are. Pilots are much smaller widgets than they like to think.
Robin can be fired tomorrow and they’ll find some other opportunistic person to take his place. Right now JetBlue can afford to fire pilots left and right but the time will soon come where they’re going to have to park airplanes if they don’t pay pilots what they are worth. It’s a lot more difficult to make a professional pilot then it is to make a CEO. Last time I checked, all the best CEOs started with almost nothing. Consider the guy that founded JetBlue. Consider the richest companies in the world that were started in garages and dorm rooms. So you can’t honestly say that Robin and all the other people like him aren’t easy to find. They’re simple administrators and nothing more. They have not really innovated in any substantial way. JetBlue has barely had evolutionary upgrades. 50 years after first class was invented, Robin added first class to JetBlue. It’s not like he invented the Airbus aircraft or instrument flight equipment or the GPS constellation that we all navigate by.
It’s a false argument that you have to pay fortune to get a good CEO. As I have mentioned previously, the CEOs of the most successful companies in the world started with nothing. Remember that aviation was there because of inventors, engineers, and pilots, all of which were there well before any corporation or CEO exploited them for profit. No CEO was the first to perform unmanned flight, the first to break the sound barrier, and the first to get to the moon. (Weren’t they all pilots?)
You’re also limiting your scope of thinking to the paradigm of a traditional publicly traded corporation requiring a CEO, board of directors, and everyone else. JetBlue could very well be run as a private corporation with job titles such as dark overlord, court jester, water boy, and dungeon master. There is no law of physics requiring the traditional paradigm. The only legal requirement for a private company would be for the filing of a limited liability corporation (managers) and the FAA requiring you to appoint people with operational control such as the various directors (ops, MX, safety, etc). Internally you could have every employee make strategic decisions by voting on it via electronic polls. It could be a form of democratically run private corporation. There’s literally nothing preventing a corporation from being run that way. I’m not saying that it would work, but then again I’m not saying that it wouldn’t, but I am merely pointing out that you were constraining your thoughts to an established paradigm. You could probably even establish a nonprofit airline!
02-28-2018, 04:14 PM
#54
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Originally Posted by Andy
Just make sure you clean the aircraft after nonrevving.
How did JB paying customers to snitch of Flight Attendants work out for management? I hear Robin wasn't happy about it.
Just wait till the whole cleaning issue becomes a legal issue. Let's not forget about the intangible costs of their policy. All it has done is proven once again that management is not very intelligent since they are turning employee groups against each other while disrespecting them and their professions. It wasn't an issue until they blackmailed people into it via a legal contract. It used to be many pilots wanted to help out because they are so nice.
No wonder JB has one union group on property, another just about to form, and threats of strike from other labor groups (e.g. Boston).
You have thoroughly convinced me about how special a CEO is. Now, get your IROP pants ready for that JB culture!
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