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Westjet CEO sacked...

Old 03-12-2018, 09:49 AM
  #1  
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Default Westjet CEO sacked...

Originally Posted by Airways Mag
In December 2017, Saretsky suggested in an interview with Bloomberg, WestJet was in no rush to get a labor agreement with its pilots: “JetBlue has been in negotiation for five years with its pilot groups since they unionized with ALPA, and still there is no agreement, which might be the case here too.”

It is believed that these comments have shown him as an “unusually aggressive stance” and caused the board to make a move to push him out.
https://airwaysmag.com/airlines/west...ars-in-charge/

When the jetblue shareholders get sick of this BOD/management's brand destruction, progress will be made...until then expect more of the same. Get ready for more scheduled 30-50 minute turns on fully loaded aircraft resulting in the operation to be run into the ground by June and the blame to be placed on ATC and B6ALPA pilots...and a lack of "virtual aircraft spares".

Shareholders, the current BOD/management group is destroying your equity. When the customers start to see thru the smoke and mirrors and stop buying tickets on jetblue and start buying tickets somewhere else...your equity is ****ed.

Hey jetblue...FUPM,

FC

Last edited by Final Clear; 03-12-2018 at 10:12 AM.
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Old 03-12-2018, 10:33 AM
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Originally Posted by Final Clear View Post
https://airwaysmag.com/airlines/west...ars-in-charge/

When the jetblue shareholders get sick of this BOD/management's brand destruction, progress will be made...until then expect more of the same. Get ready for more scheduled 30-50 minute turns on fully loaded aircraft resulting in the operation to be run into the ground by June and the blame to be placed on ATC and B6ALPA pilots...and a lack of "virtual aircraft spares".

Shareholders, the current BOD/management group is destroying your equity. When the customers start to see thru the smoke and mirrors and stop buying tickets on jetblue and start buying tickets somewhere else...your equity is ****ed.

Hey jetblue...FUPM,

FC
Wait, I thought the CEO's ONLY job was to pay his people as little as possible, results be damned. "Wall Street will fire Robin if he pays us." "Give them time. It is our first CBA." "My name is Southerner and I want to be a CP someday so I do Ford and Harrison's job for them. Blah blah."
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Old 03-13-2018, 10:44 AM
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West jet BOD wanted a deal to lock in labor costs and establish stability. These times of economic boon are a time for these airlines to gain market share and hold it. Labor disputes aren’t good for succeeding in those aspirations.

B6 BOD wants the same thing and the WestJet development is worth noting. This puts the spotlight on Warren C’s job, and buts both RH amd WC in a precarious position to find a deal with ALPA. Jetblue promoted a new position of Corporate Communications and hired a new Marketing Director. Something could be coming into fruition as far as a future vision and goal. WC and RH want to be a part of that, so it’s time to make a deal.

-Bubs
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Old 03-13-2018, 12:31 PM
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Originally Posted by P-3Bubba View Post
West jet BOD wanted a deal to lock in labor costs and establish stability. These times of economic boon are a time for these airlines to gain market share and hold it. Labor disputes aren’t good for succeeding in those aspirations.

B6 BOD wants the same thing and the WestJet development is worth noting. This puts the spotlight on Warren C’s job, and buts both RH amd WC in a precarious position to find a deal with ALPA. Jetblue promoted a new position of Corporate Communications and hired a new Marketing Director. Something could be coming into fruition as far as a future vision and goal. WC and RH want to be a part of that, so it’s time to make a deal.

-Bubs
Unfortunately, I respectfully disagree. The present management takes their direction from the BOD on strategic issues. A TA with B6APLA is a strategic decision.

This has an unhappy ending for the shareholders unless “grownup” shareholders step in to protect their investment.

My B6APLA brothers and sisters are tired of being stepped on, used as a profit accumulator for every management ****up, having our families tossed into turmoil during every management inflicted IROP - all while jetblue continues to be the most profitable airline per passenger in the industry (by a wide margin). We have sacrificed our careers, our families, and our health to build this airline...it’s time the shareholders recognize this and compensate us for getting our delinquent management this far.

Otherwise...I foresee very difficult times for all.

Hey jetblue...FUPM,

FC
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Old 03-13-2018, 12:33 PM
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To add, I see no evidence our BOD wants to gain market share. We are slowing growth, consistently.
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Old 03-13-2018, 03:53 PM
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Originally Posted by Bluedriver View Post
To add, I see no evidence our BOD wants to gain market share. We are slowing growth, consistently.
NO “it keeps getting better” I heard that from an internet tough guy. So it must be true.
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Old 03-13-2018, 05:43 PM
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Originally Posted by Bluedriver View Post
To add, I see no evidence our BOD wants to gain market share. We are slowing growth, consistently.

Real question
Only because we have done this semantic argument before.
When you say slowing growth consistently are you talk YOY for like the past 5 years so every year is less growth or we have just slowed?
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Old 03-13-2018, 08:42 PM
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Our YOY ASM growth has slowly slowed each year for the last several years as a percentage.

In addition our delivery schedule has been reduced (deferrals) from previous announcements, so our 10ish deliveries per year represent a slowing RATE (percentage) of growth because our fleet size gets bigger each year:

10÷230=4.35% growth

10÷240=4.16%growth

10÷250=4.00%growth

And so on...

Just a few years ago we had been scheduled to take 15 Airbus deliveries this year. And last year. And next year...
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