jetBlue Hiring
01-22-2016, 02:09 PM
#6621
Gets Weekends Off
Joined APC: Nov 2005
Posts: 2,512
jetBlue Hiring
Originally Posted by 3GRNDWN
I'm happy for United's pilots. United also had a record net income of $4.5 billion in 2015. Although JB's annual financials haven't been released yet, I doubt JB is anywhere close to United's income level, which ultimately allows them to pay their pilots these outstanding rates.
Sorry to be the realist here.
Sorry to be the realist here.
We are also posting records profits. We can afford the same rates.
In fact on a share for share level I bet we are making more.
01-22-2016, 02:27 PM
#6624
Gets Weekends Off
Joined APC: Mar 2012
Posts: 988
Originally Posted by dicec2
Yeah but is it telling that hiring projections went from 400-ish to 150 for the year?
01-22-2016, 02:57 PM
#6626
Line Holder
Joined APC: Dec 2014
Position: A320
Posts: 74
Originally Posted by RiddleEagle18
We are also posting records profits. We can afford the same rates.
In fact on a share for share level I bet we are making more.
In fact on a share for share level I bet we are making more.
I have to admit, when I read your "share for share" post, I thought you were way off the mark. That was until I did some calculating. Now I have to agree with you, the ratio between pre-tax net income and the number of pilots at each company is plausible. This calculation is determined by one unknown, JB's 4Q pre-tax net income.
Without getting into the weeds with the math, the bottom line is that in order for JB's income to pilot ratio to match United's, JB needs to report a minimum of $357.5 million in pre-tax net income for the 4Q 2015 results.
We will find out if JB hit the mark during their quarterly and full year conference call on 28 January.
01-22-2016, 03:01 PM
#6627
Line Holder
Joined APC: Oct 2015
Posts: 66
Originally Posted by 3GRNDWN
RiddleEagle18,
I have to admit, when I read your "share for share" post, I thought you were way off the mark. That was until I did some calculating. Now I have to agree with you, the ratio between pre-tax net income and the number of pilots at each company is plausible. This calculation is determined by one unknown, JB's 4Q pre-tax net income.
Without getting into the weeds with the math, the bottom line is that in order for JB's income to pilot ratio to match United's, JB needs to report a minimum of $357.5 million in pre-tax net income for the 4Q 2015 results.
We will find out if JB hit the mark during their quarterly and full year conference call on 28 January.
I have to admit, when I read your "share for share" post, I thought you were way off the mark. That was until I did some calculating. Now I have to agree with you, the ratio between pre-tax net income and the number of pilots at each company is plausible. This calculation is determined by one unknown, JB's 4Q pre-tax net income.
Without getting into the weeds with the math, the bottom line is that in order for JB's income to pilot ratio to match United's, JB needs to report a minimum of $357.5 million in pre-tax net income for the 4Q 2015 results.
We will find out if JB hit the mark during their quarterly and full year conference call on 28 January.
01-22-2016, 04:05 PM
#6628
Gets Weekends Off
Joined APC: Jul 2012
Position: Ablue320
Posts: 200
Originally Posted by dicec2
Yeah but is it telling that hiring projections went from 400-ish to 150 for the year?
With the A/C orders scheduled, JB will have 4400 pilots by 2022. Add the LR's that we will be the launch customer for in 2019 and by 2023 we'll have 30 of those which will take 600 pilots to staff (3 pilot crews for long haul), that will put JB at 5000 total pilots. 400 this year...175 this year... That isn't the big picture. By 2023 (if our planes still have JB paint) we'll have 5000 pilots and 330 airframes... That's my story and I'm sticking to it!
01-22-2016, 04:49 PM
#6630
Gets Weekends Off
Joined APC: Nov 2005
Posts: 2,512
Originally Posted by IH8ROADS
I don't think 400 was ever an actual number, it was always our hope. I'll give you 300 and it's now at 175 for 2016. And the reason "is" because of less attrition. The telling times are pilots are seeing more reasons to stay.
With the A/C orders scheduled, JB will have 4400 pilots by 2022. Add the LR's that we will be the launch customer for in 2019 and by 2023 we'll have 30 of those which will take 600 pilots to staff (3 pilot crews for long haul), that will put JB at 5000 total pilots. 400 this year...175 this year... That isn't the big picture. By 2023 (if our planes still have JB paint) we'll have 5000 pilots and 330 airframes... That's my story and I'm sticking to it!
With the A/C orders scheduled, JB will have 4400 pilots by 2022. Add the LR's that we will be the launch customer for in 2019 and by 2023 we'll have 30 of those which will take 600 pilots to staff (3 pilot crews for long haul), that will put JB at 5000 total pilots. 400 this year...175 this year... That isn't the big picture. By 2023 (if our planes still have JB paint) we'll have 5000 pilots and 330 airframes... That's my story and I'm sticking to it!
Launch customer of the LR? Did I miss a press release?
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