jetBlue Hiring
01-22-2016 | 01:48 PM
#6621
Line Holder
Joined: Mar 2012
Posts: 1,155
Likes: 24
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.
Robin Hayes? Is that you?
01-22-2016 | 02:09 PM
#6622
Gets Weekends Off
Joined: Nov 2005
Posts: 2,700
Likes: 48
jetBlue Hiring
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
#6625
Line Holder
Joined: Mar 2012
Posts: 1,155
Likes: 24
How is that telling? The big reason is we've deferred 321 orders for a few years because we're doing a cabin refresh on our airbus fleet (adding 15 seats per plane). Also, the number of guys leaving for other airlines was significantly less than they projected........
01-22-2016 | 02:57 PM
#6627
Line Holder
Joined: Dec 2014
Posts: 74
Likes: 0
From: A320
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
#6628
On Reserve
Joined: Oct 2015
Posts: 88
Likes: 4
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
#6629
Gets Weekends Off
Joined: Jul 2012
Posts: 200
Likes: 0
From: Ablue320
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!
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