JetBlue Latest and Greatest
08-19-2021, 08:03 PM
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Joined APC: Sep 2020
Posts: 86
JetBlue Latest and Greatest
Originally Posted by BeatNavy
The arbitrator told the MEC that any work/labor action would look bad for us in his eyes. So, they want to let the process work before they declare any labor action. Or so my rep told me. I told him I disagreed and that we can still not have a work action (which is illegal anyway) and still have informational picketing and a labor dispute (foodie Jim is the one who said we have a disagreement over the CBA—his words). So, basically we have a weak MEC who would rather play footsie and be text buddies with our VP of flight ops than put up any sort of real efforts with the pilot group, many of whom who are ready to hold a sign from my anecdotal conversations. But, it’s the same guys who unanimously tried as hard as possible to collaborate with Jim/Warren to sell this deal to the pilot group…so it’s kind of expected honestly.
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10-07-2021, 05:45 PM
Gets Weekends Off
Joined APC: Jul 2018
Posts: 704
Originally Posted by MainlineFlyer
For real? Are they holding it back to give it to us when people start asking for profit sharing again?
What a Mickey Mouse outfit.
What a Mickey Mouse outfit.
You can always take advantage of our AA privileges in the meantime.
Last edited by Desdi; 10-07-2021 at 05:57 PM.
10-08-2021, 09:17 AM
Gets Weekends Off
Joined APC: Apr 2008
Position: Hack pilot
Posts: 216
Originally Posted by Roy Biggins
Yes, and I also conveyed my thoughts on the current MEC/NC (they asked). Outside of the 191 council, they are weak and pathetic….I have very little faith left in this group. This sh!t begins with CK…he needs to go.
Everything that goes on within our union is NDA’d (they said it 50 times at our meeting,)meaning they want you to know they act on behalf of your best interest but aren’t at liberty to discuss any of what that might be. I’m not buying any of it, I’ll contribute nothing to this MEC with the current leadership in place.
10-26-2021, 06:19 PM
Gets Weekends Off
Joined APC: May 2018
Position: CRJ-200 FO
Posts: 134
JetBlue Q3 Investor Call Notes:
Read full call here: https://www.fool.com/earnings/call-t...2021-earnings/
Listen to full call here:
https://youtu.be/DFWb5qeiLvE
- In November, Northeast Alliance will operate 500 shared daily flights, 300 on JetBlue and 200 on American
- Rapidly rising fuel costs will cause JetBlue to just break-even in Q4
- Strong leisure demand seen for upcoming holidays
- Corporate travel historically accounted for 20% of revenue (25% in weaker leisure fall period) - currently between 5-10%
- With US administration’s relaxing of restrictions for UK visitors, have seen five fold increase in demand from UK points of sale
- Current UK flight load factor around 60%, rises rapidly after November 8
- Revenue of $2B, down 5.5% compared to Q3 2019
- Had pre-tax profit in July and August 2021
- Expecting 2022 to be split year with significant improvements in second half - looking for productivity improvements to help offset inflation. Also plan to ramp up maintenance projects that were deferred for cost savings
- Fleet is 280 aircraft as of end of September with three A220s and one A321LR added; two more aircraft coming on in Q4
- Full year 2021 CAPEX is $1B, most aircraft purchases paid for in cash
- YTD have repaid $1.5B of debt, reducing interest costs by $33M
- In process of hiring 1,800 crew members
- All E190s returned to service November 19; discussed maintenance headwinds with aircraft, and shifting it back to shorter route focus
- Robin Hayes responded to question about actual growth from NEA with estimate of JetBlue adding approximately 100 daily departures compared to pre-NEA (no date reference for this comparison)
- Question about ATC delays in NYC and growth - Geraghty explained number of slots remains unchanged for NYC airports, just that JetBlue will now occupy more of those slots
- West coast focus will remain transcon flights
Read full call here: https://www.fool.com/earnings/call-t...2021-earnings/
Listen to full call here:
https://youtu.be/DFWb5qeiLvE
Last edited by SoarHigh757; 10-26-2021 at 06:48 PM.
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