I think it’s a misunderstanding of the system. Adding ASM’s on the surface sounds like growth UNLESS they are added in a NE centric, market saturated Jetblue system.
Similarly, aircraft utilization is misrepresented as well. Jetblue has learned the hard way that focusing on max utilization, compared to peers, has caused more delays and offset revenue. All these metrics do not operate in vacuums and are very aircraft/region/carrier specific.

 

These were statements made during investor calls. I typically make note of notable statements. Let me see if I can find them.

 

WC stated Delta’s 220 MX program has been more efficient as they are in-house and not as susceptible
to delays or parts shortage. JetBlue, as most know, steps over a dollar to pick up a dime.

 

yeah, those were part of his pillars. He also worked really really hard at improving employee to management relations. As far as the cost issues, I’m sure a lot of that was taken care of during their bankruptcies. I’m just waiting for something good to happen for all of us. It’s been about 7 years since a positive earnings call.

 

The employees need to be motivated and all rowing in the same direction. Taking away profit sharing is counter to that goal. They certainly have made an effort on the cost side of things though (like asking us to pack less underwear and switching to the cheap plastic uniform shirts).

 

[QUOTE=holiday;4007716]The employees need to be motivated and all rowing in the same direction. Taking away profit sharing is counter to that goal. They certainly have made an effort on the cost side of things though (like asking us to pack less underwear and switching to the cheap plastic uniform shirts).[/QUOTE]

That made me LOL!

 

Gotta love how guys think management deserves one more year when they’ve been spinning their tires for the last 6 years.

 

I'm giving the current management team the benefit of the doubt, as we all should. Why do so many pilots root against the company when NONE of you could do anything better themselves? Keep throwing stones though....

This year will be telling - but things seems to be moving in the right direction.

 

It’s truly insane. Everyone’s QOL, Pay etc has been eroded and gutted thanks to management. Yeah let’s give them more and more time to figure it out, and let’s move the goal post further into the future for JetForward to work itself out. Sure.

 

If you hire a professional to do a job, the standard of performance is the industry standard for that profession.

If a surgeon botches an operation and kills your family member, does it make it OK because he did a better job that you probably could have?

My standard for execs at my employer isn't what a line pilot with an aviation degree from riddle would have been able to accomplish in their shoes.

It might be fair to not get too far into the weeds with criticism... they do know the ins and and outs of business better than most of us (I was actually fortune 100 management track at one point, so I for one do know the basics). But the bottom-line results over years, contrasted with the rest of the industry is certainly fair game for rank and file investors and employees.

My gut feel is that an AS/B6 merger would be probably be better for both companies long-term. Economy of scale and geographic footprint. The combined entity would be close enough to the same league as the Big Four.

Would it be fun for employees? Probably not. Could AS pull it off, while still herding Hawaiian cats? Sounds like a big ask, but honestly the current team has done pretty well, with their biggest weakness being boeing which isn't entirely in their control.