JetBlue Latest and Greatest
#7341
Gets Weekends Off
Joined APC: Aug 2005
Posts: 323
They're not nuts, just uninformed. Some of these guys think that they'll get a tax break on the 15% discount as well but that's not the case. Their plan only works if you hold for 18 months AND the price has gone up. Then you get a break only on the gain, but still pay full freight on the discount. If the price has gone down, then what was the point? You still pay full taxes on the discount, and take a long term capital loss at a lower rate. Plus, you lost money. Great plan.
#7342
Gets Weekends Off
Joined APC: Aug 2008
Posts: 503
#7343
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
They're not nuts, just uninformed. Some of these guys think that they'll get a tax break on the 15% discount as well but that's not the case. Their plan only works if you hold for 18 months AND the price has gone up. Then you get a break only on the gain, but still pay full freight on the discount. If the price has gone down, then what was the point? You still pay full taxes on the discount, and take a long term capital loss at a lower rate. Plus, you lost money. Great plan.
#7346
Gets Weekends Off
Joined APC: Feb 2011
Position: Back in right seat
Posts: 206
They're not nuts, just uninformed. Some of these guys think that they'll get a tax break on the 15% discount as well but that's not the case. Their plan only works if you hold for 18 months AND the price has gone up. Then you get a break only on the gain, but still pay full freight on the discount. If the price has gone down, then what was the point? You still pay full taxes on the discount, and take a long term capital loss at a lower rate. Plus, you lost money. Great plan.
I just don’t see any advantage at all in keeping the shares even 1 day more than you have to. There’s no tax benefit at all.
#7347
Gets Weekends Off
Joined APC: May 2012
Posts: 1,099
The only thing Jetblue is pushing back is aircraft all the way to the runway in FLL to because the flights are already at min block. You can't make this **** up. And people think this place is a good job.
#7348
Banned
Joined APC: Apr 2011
Posts: 1,473
#7349
Gets Weekends Off
Joined APC: May 2012
Posts: 1,099
#7350
Banned
Joined APC: Apr 2011
Posts: 1,473
No way! I’m surprised that fll allows that! That’s just stupid. Guess it’s why they diverted the first time they flew there. Are crews allowed to say anything againdt that? Guess it wouldn’t be hard to verify by looking up the flights on blueeye
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