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-   -   Why is fapa williing to give up so much? (https://www.airlinepilotforums.com/major/59952-why-fapa-williing-give-up-so-much.html)

FAULTPUSH 06-13-2011 03:23 PM


Originally Posted by WHACKMASTER (Post 1007213)
Why don't you give me a rational arguement on how your employee concessions are going to save your airline. .

Concessions from FAPA, Airbus, etc. will add $120 million to the bottom line. Given those concessions, the BOD is willing to fund another $70 million to Frontier to keep it going. Absent the concessions, Frontier's losses will exceed the FFD profits. Shareholders care about profits; the BOD answers to the shareholders.

Please give me a rational explanation as to why you think that $190 million won't help.

gettinbumped 06-13-2011 03:36 PM


Originally Posted by FAULTPUSH (Post 1007200)

BTW, BB said he's fine with saying "full pay to the last day" if we want.


They all say that. He's full of it.

beeker 06-13-2011 07:26 PM

What I don't understand is how the f9 crew may fall for this crap again? If I remember correctly they were told to take concessions, which they did, to avoid bankruptcy the first time. They still went to bankruptcy and just start the bankruptcy at lower pay and benefits.

FAULTPUSH 06-13-2011 09:17 PM


Originally Posted by beeker (Post 1007979)
What I don't understand is how the f9 crew may fall for this crap again? If I remember correctly they were told to take concessions, which they did, to avoid bankruptcy the first time. They still went to bankruptcy and just start the bankruptcy at lower pay and benefits.

Wrong - the bankruptcy was a total surprise. It's the only time that an airline has filed Ch 11 without planning it for months. They had 2 days to do it. But for Sean Menke, our goose would have been cooked.

What part of the company finances and losses don't you get? It's not like some behind closed doors thing that we are just taking their word for. If it was, the other players wouldn't be falling for it either.

Can't you guys get off this whole "don't fall for it" thing? If not, at least give us some idea about where you think they're hiding the money from the shareholders. Do you guys listen to George Noory?

DeadHead 06-14-2011 03:38 AM

Don't really know all the ins and outs of the situation there, but is it possible that BB will grow Frontier while shrinking Republic if the FAPA ends up taking concessions?

(Or it that impossible to do with the current contracts)
Just curious.

PurdueFlyer 06-14-2011 04:13 AM


Originally Posted by FAULTPUSH (Post 1007854)
Concessions from FAPA, Airbus, etc. will add $120 million to the bottom line. Given those concessions, the BOD is willing to fund another $70 million to Frontier to keep it going. Absent the concessions, Frontier's losses will exceed the FFD profits. Shareholders care about profits; the BOD answers to the shareholders.

Please give me a rational explanation as to why you think that $190 million won't help.

Your concessions will be worth about $25 million according to BB, oil rising several bucks will erase that instantly. What will you do then? Surrender more?

You have to fix the underlying problem with your airline and that's revenue.

sizzlechest 06-14-2011 05:10 AM

Now do you really continue to think that this plan will work?!?!?! Weren't FAPA guys, pluse everyone else, saying in the past that SWA was going to hammer RAH?

Southwest to end AirTran's codesharing with SkyWest on Sept. 6 | Airline Biz Blog | dallasnews.com

FAULTPUSH 06-14-2011 06:09 AM


Originally Posted by PurdueFlyer (Post 1008045)
Your concessions will be worth about $25 million according to BB, oil rising several bucks will erase that instantly. What will you do then? Surrender more?

You have to fix the underlying problem with your airline and that's revenue.

Agreed on the last point, but it can't be done overnight.

On the dollar amount - our give is only worth $10-15 million (I forget which). The rest is a non-sequitur.


Originally Posted by DeadHead (Post 1008037)
Don't really know all the ins and outs of the situation there, but is it possible that BB will grow Frontier while shrinking Republic if the FAPA ends up taking concessions?.

It's conceivable, but has virtually nothing to do with what we're paid. Seat mile costs on E-190's are higher than Airbuses, and even the RAH guys worked for free, that wouldn't change (the total pilot cost is on the order of 0.2 cents per seat mile - the difference between airplanes is measured in whole pennies).

TillerEnvy 06-14-2011 09:24 AM

What shocks me so much is that the F9 guys actually trust Bedford. I truly hope the day doesn't come when we say "we told you so", but if you do vote to take concessions...again...it'll happen sooner than later.

Trust me, I want this circus to work as much as the F9 guys, but just about every possible wrong move is being made by them.

FAULTPUSH 06-14-2011 09:56 AM


Originally Posted by TillerEnvy (Post 1008153)
What shocks me so much is that the F9 guys actually trust Bedford. I truly hope the day doesn't come when we say "we told you so", but if you do vote to take concessions...again...it'll happen sooner than later.

Trust me, I want this circus to work as much as the F9 guys, but just about every possible wrong move is being made by them.

I'm so tired of saying this - it's in the financials, and the other participants are "trusting" him too. You're sounding like a broken record.


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