Virgin America Outlook
#81
While this is completely true with VX, it is also true in the airline pilot career in general. I know a 20 year CA at Midwest who is now an FAA ACI.
The problem at VX is unless they start making money (AND SOON) no amount of Kool-Aid fueled fantasy will save these jobs.
The problem at VX is unless they start making money (AND SOON) no amount of Kool-Aid fueled fantasy will save these jobs.
#82
Banned
Joined: Sep 2009
Posts: 173
Likes: 0
While this is completely true with VX, it is also true in the airline pilot career in general. I know a 20 year CA at Midwest who is now an FAA ACI.
The problem at VX is unless they start making money (AND SOON) no amount of Kool-Aid fueled fantasy will save these jobs.
The problem at VX is unless they start making money (AND SOON) no amount of Kool-Aid fueled fantasy will save these jobs.
On my company forum LUAL/LCAL someone posted they just go a raise and the overall dollar an hour figure is much better then ours the benefits are still in the tank. It is a start in the right direction. Who knows maybe in a couple years if they make it they might be a great place with benefits we will see.
#84
#85
patience
Joined: Mar 2011
Posts: 1,068
Likes: 0
#86
Line Holder
Joined: Dec 2007
Posts: 413
Likes: 2
From: B757F CA
Fish wow I do agree with ya on this one. " But " one thing to remember is they might be making money they are not a publicly traded company as of yet so they could be funneling the money in the direction they want, paying off investors ,planes ext. and show a loss. My understanding is they are preparing for a IPO and if and when that happens every one will know exactly were all the money loss or profit is.
#87
Banned
Joined: Sep 2009
Posts: 173
Likes: 0
Well, one you are right but on the other hand you are wrong. If the company wants to keep a completive edge keep showing a loss that way your competitors would leave you alone. From what I understand on the IPO is they only have to show a 4 quarter profit so that would put the IPO at 2015 first quarter and that is only if they show the profit. Who knows we will see
#88
Gets Weekends Off
Joined: Aug 2007
Posts: 378
Likes: 0
From: Skeptical
QuitEagle
Well, one you are right but on the other hand you are wrong. If the company wants to keep a completive edge keep showing a loss that way your competitors would leave you alone. From what I understand on the IPO is they only have to show a 4 quarter profit so that would put the IPO at 2015 first quarter and that is only if they show the profit. Who knows we will see
Well, one you are right but on the other hand you are wrong. If the company wants to keep a completive edge keep showing a loss that way your competitors would leave you alone. From what I understand on the IPO is they only have to show a 4 quarter profit so that would put the IPO at 2015 first quarter and that is only if they show the profit. Who knows we will see
That IS reassuring!
#89
Banned
Joined: Sep 2009
Posts: 173
Likes: 0
If they are paying off the investors or planes its a win for the airline lowers cost when they go public.
But then again they could just be completely loosing money and be living on borrowed time.
Thread
Thread Starter
Forum
Replies
Last Post



