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Will jetBlue be here in 5-10 years???

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Old 02-15-2006, 08:54 AM
  #31  
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Found this posted on Flightinfo by someone who claims to be a pilot at JB:

Now I work at JetBlue and we are being crucified because our management wants to explore this idea on 2 leg day trips to the west coast and back.

Heres the thread: http://forums.flightinfo.com/showthr...t=51322&page=2

It appears that JB management fronted the idea of extending the flight time limits. Whether any of the line pilots had anything to do with it is unknown by me.
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Old 02-15-2006, 09:19 AM
  #32  
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You might not believe this but no I am not a victim of bad management but in fact this was the topic in my managerial aviation class yesterday and as for my credentials in aviation I really don’t have any but management that is where most of my knowledge lies. I do agree with you that it is not entirely the pilots fault the underlying cause is in fact lack of education within the management now I am not saying that they are uneducated I am merely saying that they made one of the biggest mistakes which is always be ready for success. They jumped the gun and announced too soon without looking and mapping out a plan or even confirming the arrival of the aircraft. In no way do I think that this is going to put them out of business and even thought i am long long away from retirement i know good benefits when i see them. Neelman put 120k of his annual salary into a fund for his employees and matches every dollar which if calculated over the estimated life of your job can amount to some very high numbers.
 
Old 02-15-2006, 09:59 AM
  #33  
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Originally Posted by rabuski
You might not believe this but no I am not a victim of bad management but in fact this was the topic in my managerial aviation class yesterday and as for my credentials in aviation I really don’t have any but management that is where most of my knowledge lies. I do agree with you that it is not entirely the pilots fault the underlying cause is in fact lack of education within the management now I am not saying that they are uneducated I am merely saying that they made one of the biggest mistakes which is always be ready for success. They jumped the gun and announced too soon without looking and mapping out a plan or even confirming the arrival of the aircraft. In no way do I think that this is going to put them out of business and even thought i am long long away from retirement i know good benefits when i see them. Neelman put 120k of his annual salary into a fund for his employees and matches every dollar which if calculated over the estimated life of your job can amount to some very high numbers.
Thanks man, you post made my day here at the crashpad!
 
Old 02-15-2006, 10:16 AM
  #34  
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Originally Posted by banger
Thanks man, you post made my day here at the crashpad!
an actual crash pad or is that sarcasm
 
Old 02-15-2006, 10:32 AM
  #35  
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Originally Posted by rabuski
an actual crash pad or is that sarcasm
No sarcasm. I'm an active line pilot who has to commute to my base for reserve. While I wait to be called I need a place to stay. TO avoid high hotel bills pilots often chip together and rent a "less than expensive" apartment or condo which is commonly called a crashpad. Thats where I find myself today.
 
Old 02-15-2006, 10:41 AM
  #36  
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Originally Posted by banger
No sarcasm. I'm an active line pilot who has to commute to my base for reserve. While I wait to be called I need a place to stay. TO avoid high hotel bills pilots often chip together and rent a "less than expensive" apartment or condo which is commonly called a crashpad. Thats where I find myself today.
Interesting I guess it is true you do learn something new everyday
 
Old 02-15-2006, 10:43 AM
  #37  
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While David Needleman is a great CEO who I might add had cares more about his employees then he does about lining his own pockets only makes an annual salary of around 200k a year.
It's a great technique to make your employees feel warm and fuzzy. The leader of the company making much less than his counterparts at other carriers.....heck, maybe I should do the same.
Don't let facts cloud the issue.

He could have simply packed it in. His wife of 21 years, Vicki V. Neeleman, says she kept reminding him he didn't have to work again--Neeleman pocketed $20 million from the sale of Morris Air.
I know...who could make ends meet with that? So...........

With time to spare and energy to burn, he started Open Skies, a ticketless airline-reservation-and-revenue-management system he later sold to Hewlett-Packard in 1999 for $22 million.
Is it just me, or does he make his real scratch by building things up.........then cashing out???
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Old 02-15-2006, 11:00 AM
  #38  
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Daytripper makes a good point towards neelmans actions thus far he has gained vast wealth off of selling companies after turning them into profitable enterprises. i would also remind you that in the long run if he were to take the old CEO's salary he would be making 13 million a year which could prove profitable enough maybe even more by bankrupting the company rather then selling it. Also let me ask you this question would you walk away from the fastest growing airline in the market today? It seems that If Neelman was to sell the company it also would have made more sense to sell it before the bubble burst.
 
Old 02-15-2006, 11:42 AM
  #39  
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Also let me ask you this question would you walk away from the fastest growing airline in the market today?
In a heartbeat! It's saturated. Cash out a few million and go on permanent vacation! Forget this business. Become a ski bum!

It seems that If Neelman was to sell the company it also would have made more sense to sell it before the bubble burst
.

If somebody offered the right price...sold! Neelemans slice was worth about 144 million when the share price was north of 40 bucks, but terms of his being CEO, and some SEC concerns may prevent him from selling until a certain date. Don't know what it's worth now. Probably needs to get the stock price back up......and how does he do that?????
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Old 02-15-2006, 12:13 PM
  #40  
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[QUOTE=Daytripper]In a heartbeat! It's saturated. Cash out a few million and go on permanent vacation! Forget this business. Become a ski bum!

i guess thats where you and Neelman differ because if he wanted to he could just leave now sell out all his shares and become as you so put it a "ski bum" but the character of neelman is not one to tuck and run with the cash if he wanted to he could have stopped after selling his last company but he didn't. Neelman is a man who will fly his own airlines just to get feedback from the customers while handing out peanuts. What other CEO have you ever heard of that has done that. I give the man credit he skips a lot of for lack of a better term "BS" and mis-information by going strate to the source not only that but giving the company good publicity. Also his backround shows that he does not want to really do anything other then Run his own airline.
 
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