JetBlue Latest and Greatest
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Line Holder
Joined APC: Nov 2019
Posts: 75
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The mention (or no mention) of anticipated increase of pilot compensation with a new CBA is standard. Nothing to read into or out of here. (It’s also a negotiation tactic as this is the very result they get from public comments like that).
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Per today’s memo from finance -
The largest airline expenditure is fuel, 32 cents of every dollar. And aside from the people that buy the fleets, only three people at JetBlue control the fuel usage… Dispatcher, Captain, and First Officer.
The largest airline expenditure is fuel, 32 cents of every dollar. And aside from the people that buy the fleets, only three people at JetBlue control the fuel usage… Dispatcher, Captain, and First Officer.
Gets Weekends Off
Joined APC: Oct 2017
Posts: 333
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Gosh, if only there were a way to motivate crews to save every penny of fuel (or other costs) that hey could. Some kind of program where any extra dollar of profit generated by the crew going above and beyond was shared with them. It would hqve to be a meaningful amount though.
Hmm. Maybe they should set up a task force to look at it.
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,918
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Gosh, if only there were a way to motivate crews to save every penny of fuel (or other costs) that hey could. Some kind of program where any extra dollar of profit generated by the crew going above and beyond was shared with them. It would hqve to be a meaningful amount though.
Hmm. Maybe they should set up a task force to look at it.
Hmm. Maybe they should set up a task force to look at it.
Gets Weekends Off
Joined APC: Oct 2019
Posts: 997
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If you have seniority and can give those trips away on the trade board, you’ll clean up on VDA….especially in the summer. Big credit
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“So our flat-to-better CASM ex-fuel guidance for next year for planning purposes, does not assume any change to our current CBA. Unlike a lot of the contracts that are currently open, ours is actually just opened. We are at the negotiation table, working through the complexity of a potential update to the CBA. And so from a planning perspective, as of right now, we're assuming the CBA -- no changes to the current CBA for next year.”
If investors have been hammering them about costs and they want to show they’re doing something about it, it’s not surprising that CASM would be presented in a way that may restore a bit of confidence in their ability to get our costs under control. Why would they make it look any worse than they absolutely have to.
If they talk about pre-tax income for next year, it doesn’t mean they don’t think they’ll have to pay any taxes, just that taxes weren’t considered when they were calculating those numbers.
If investors have been hammering them about costs and they want to show they’re doing something about it, it’s not surprising that CASM would be presented in a way that may restore a bit of confidence in their ability to get our costs under control. Why would they make it look any worse than they absolutely have to.
If they talk about pre-tax income for next year, it doesn’t mean they don’t think they’ll have to pay any taxes, just that taxes weren’t considered when they were calculating those numbers.
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