But My Airlines Cannot Afford A Raise...
#31
Exactly where do you think the legacy payscales fell to...just around LCC wages. The legacies in the past always tried to keep the wages going forward. Kind of like playing leap frog. What have the LCC's giving us in regards to a better contract. Let me answer that for you...it's nothing that I have ever heard of and for a fact it isn't pay. Southwest leading the pack is by default. I am waiting to see what southwest will do now that they have the lead vs. playing follow the leader. I read one guy say that it takes time to bring the wages up and his carrier has been around for 30 years. that's not a start up anymore. If you don't think that other airlines payrates help or hurt negotiations that's extremely naive. I'm sure southwest, airtran, jetbue, spirit and other LCC management will never bring up how the legacies have lowered their employee cost during negotiations.
I waited a little while to reply because I do have a life other than joining the 1000 post club. Congratulations though anyway.
Talk about naive? If you think for one minute I and many of my fellow pilots at SWA are trying to raise the bar for those at another airline you should get a urinanalysis. Fact is our wages have gone up gradually year after year because the revenue and our worth (productivity) is of value to this airline. Taking two steps forward and then one, two, maybe three backwards is not a game of leap frog. It is a waste of time and frustrating for everyone concerned (customers, fellow employees, recent furloughees, etc.) Slow and steady keeps the blood pressure down.
I really wish one of the pilot's at a so called "legacy" would please address the issue of competition. Do you think you live in a bubble where everything is gonna work out in your favor? Adjust to the LCC's or again beg for subsidization in bankruptcy court. SWA has adjustments to make in the current environment or we too may find our debt to asset ratio as pathetic as much of our competition.
#32
Gets Weekends Off
Joined APC: Jan 2006
Posts: 1,545
American, US Air, and Southwest are currently in contract negotiations.
Continental becomes amendable December 2008
United becomes amendable December 2009
Delta becomes amendable January 2010
Northwest becomes amendable December 2011
Don't settle for a subpar contract. These airlines are making hundreds of millions of dollars every quarter.
Continental becomes amendable December 2008
United becomes amendable December 2009
Delta becomes amendable January 2010
Northwest becomes amendable December 2011
Don't settle for a subpar contract. These airlines are making hundreds of millions of dollars every quarter.
#33
HOSED BY PBS AGAIN
Joined APC: Mar 2005
Posts: 1,713
..................... really wish one of the pilot's at a so called "legacy" would please address the issue of competition. Do you think you live in a bubble where everything is gonna work out in your favor? Adjust to the LCC's or again beg for subsidization in bankruptcy court. SWA has adjustments to make in the current environment or we too may find our debt to asset ratio as pathetic as much of our competition.
Last edited by ewrbasedpilot; 11-09-2007 at 10:57 AM.
#34
Ryan,
I waited a little while to reply because I do have a life other than joining the 1000 post club. Congratulations though anyway.
Talk about naive? If you think for one minute I and many of my fellow pilots at SWA are trying to raise the bar for those at another airline you should get a urinanalysis. Fact is our wages have gone up gradually year after year because the revenue and our worth (productivity) is of value to this airline. Taking two steps forward and then one, two, maybe three backwards is not a game of leap frog. It is a waste of time and frustrating for everyone concerned (customers, fellow employees, recent furloughees, etc.) Slow and steady keeps the blood pressure down.
I really wish one of the pilot's at a so called "legacy" would please address the issue of competition. Do you think you live in a bubble where everything is gonna work out in your favor? Adjust to the LCC's or again beg for subsidization in bankruptcy court. SWA has adjustments to make in the current environment or we too may find our debt to asset ratio as pathetic as much of our competition.
I waited a little while to reply because I do have a life other than joining the 1000 post club. Congratulations though anyway.
Talk about naive? If you think for one minute I and many of my fellow pilots at SWA are trying to raise the bar for those at another airline you should get a urinanalysis. Fact is our wages have gone up gradually year after year because the revenue and our worth (productivity) is of value to this airline. Taking two steps forward and then one, two, maybe three backwards is not a game of leap frog. It is a waste of time and frustrating for everyone concerned (customers, fellow employees, recent furloughees, etc.) Slow and steady keeps the blood pressure down.
I really wish one of the pilot's at a so called "legacy" would please address the issue of competition. Do you think you live in a bubble where everything is gonna work out in your favor? Adjust to the LCC's or again beg for subsidization in bankruptcy court. SWA has adjustments to make in the current environment or we too may find our debt to asset ratio as pathetic as much of our competition.
Just remember what goes around comes around. SWA's turn in the barrel is coming............. BTW, what's up with your crappy stock price???????? Your stock has been dead in the water for a couple of years already. At least the legacies have some stock value out there, unlike SWA!!!
#35
HOSED BY PBS AGAIN
Joined APC: Mar 2005
Posts: 1,713
Today's closing prices:
LUV $13.23
DAL $16.50
AMR $20.42
CAL $27.78
UAL $40.31
NWA $16.37
Last edited by ewrbasedpilot; 11-09-2007 at 02:57 PM.
#36
Line Holder
Joined APC: Feb 2006
Position: B-737 F/O
Posts: 82
Just remember what goes around comes around. SWA's turn in the barrel is coming............. BTW, what's up with your crappy stock price???????? Your stock has been dead in the water for a couple of years already. At least the legacies have some stock value out there, unlike SWA!!!
http://finance.yahoo.com/q/bc?t=6m&s...&z=m&q=l&c=luv
#37
Tom
#38
P/E ratios:
LUV 17.64
AMR 9.74
CAL 6.57
JBLU 32.85
Industry 16.47
#39
Once again I see you have posted with misinformation. Based on the last few posts do you get it or do I have to accuse you of being a flight attendant? Please go back in history and figure out what CAL's stock price should be. I know it will be difficult because of the two bankruptcies but you seem bright so please enlighten us.
Please don't feel too bad because I made the mistake of indentifying Ryan946 but giving Eric Stratton the grief. Must be my rapidly approaching dimensia associtated with the age 60 rule.
#40
HOSED BY PBS AGAIN
Joined APC: Mar 2005
Posts: 1,713
Ewr,
Once again I see you have posted with misinformation. Based on the last few posts do you get it or do I have to accuse you of being a flight attendant? Please go back in history and figure out what CAL's stock price should be. I know it will be difficult because of the two bankruptcies but you seem bright so please enlighten us.
Please don't feel too bad because I made the mistake of indentifying Ryan946 but giving Eric Stratton the grief. Must be my rapidly approaching dimensia associtated with the age 60 rule.
Once again I see you have posted with misinformation. Based on the last few posts do you get it or do I have to accuse you of being a flight attendant? Please go back in history and figure out what CAL's stock price should be. I know it will be difficult because of the two bankruptcies but you seem bright so please enlighten us.
Please don't feel too bad because I made the mistake of indentifying Ryan946 but giving Eric Stratton the grief. Must be my rapidly approaching dimensia associtated with the age 60 rule.
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