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Neelemans magic isn't gonna work this time around. Today's environment favors pilots and good contracts. He's gonna have a hard time finding pilots who are willing to work for peanuts. If he does find those suckers they'er gonna quickly find out they are grossly underpaid in comparison to their peers. And that will be where Neeleman will hit a brick wall. He has never dealt with that reality. Times have changed it is no longer 2001.
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Originally Posted by BlueJetDork
(Post 2888233)
0.2%
Or 0.02. Take your pick Should have been 8.7% |
For instance?
10X really? Is that significant in your spectrum world. To those who are not (my son is, BTW) it doesn't matter since what we are really talking about is the left side of the decimal point. Not the right side. Those who try to avoid real issue ... distract. That is all that you did. Next time start with: "Yep you are correct but btw it should be 0.2%, not 0.02%." You are correct. I was typing and deciding at the same time to either post 0.002 or the % and conflated the two into 0.02%. Later. |
James and BluejetDork nailed it.
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Originally Posted by CafeConLeche
(Post 2888323)
Neelemans magic isn't gonna work this time around. Today's environment favors pilots and good contracts. He's gonna have a hard time finding pilots who are willing to work for peanuts. If he does find those suckers they'er gonna quickly find out they are grossly underpaid in comparison to their peers. And that will be where Neeleman will hit a brick wall. He has never dealt with that reality. Times have changed it is no longer 2001.
He’ll have no problem unless he grossly under compensates them. |
Originally Posted by WHACKMASTER
(Post 2888796)
He’ll have no problem unless he grossly under compensates them. |
Originally Posted by CafeConLeche
(Post 2888323)
Neelemans magic isn't gonna work this time around. Today's environment favors pilots and good contracts. He's gonna have a hard time finding pilots who are willing to work for peanuts. If he does find those suckers they'er gonna quickly find out they are grossly underpaid in comparison to their peers. And that will be where Neeleman will hit a brick wall. He has never dealt with that reality. Times have changed it is no longer 2001.
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Originally Posted by nuball5
(Post 2888929)
Maybe he’s banking on a large recession type event.
They are really banking on a recession. |
Originally Posted by BlueJetDork
(Post 2888204)
The reason is simple.
Management keeps changing the formula. Up until 2006, the formula was simple. 15% of pre-tax profit divided by company-wide eligible earnings = profit sharing percentage. Basically the standard formula across airlines and other industries. Then the monkey business started. It changed to: 15% of pre-tax profit divided by company-wide eligible earnings = profit-sharing percentage - 500 basis points (5% cliff). Then it changed again: 10% of pre-tax profit divided by company-wide eligible earnings = profit-sharing percentage - 500 basis points (5% cliff). That is what turned what should have been 8.7% into 0.02%. Not the size of DAL compared to BlueJet or the age difference. Greed and then blame-shifting that the gullible swallow hook line and sinker. But we have some newbie pointing to the size of DAL as the reason. Talk about mouth wide open and ready for the juice. Learn your history before dropping your: "if you don't like it leave" BS. It's old and the company is not waiting for the pilot group to smarten up. They have time to wait!!! Why pilots continually work against themselves and trust those how are not in their ranks is extremely strange. They must screen for that trait. Drop it! Where did I say “if you don’t like it leave?” I simply said that Moxy is an opportunity for JB drivers to leave if they are unhappy. I’ll admit it was sarcastic but dude...relax. I’m not over here gobbling up blue juice. |
Originally Posted by CafeConLeche
(Post 2888323)
Neelemans magic isn't gonna work this time around. Today's environment favors pilots and good contracts. He's gonna have a hard time finding pilots who are willing to work for peanuts. If he does find those suckers they'er gonna quickly find out they are grossly underpaid in comparison to their peers. And that will be where Neeleman will hit a brick wall. He has never dealt with that reality. Times have changed it is no longer 2001.
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