JetBlue New Hire Info
#101
Gets Weekends Off
Joined APC: Dec 2010
Posts: 524
Okay my bad. How does it work then, B fund contributiion plus what % of profit sharing?
#102
Gets Weekends Off
Joined APC: Dec 2010
Posts: 524
I was adding the 8% profit sharing announced in yesterday's conference call plus the new hire 13.5% B fund.
#103
Banned
Joined APC: Oct 2012
Position: 36N15
Posts: 323
People were given an option of staying in the A plan with a small B fund contribution, freezing their A plan and taking a larger B fund contribution or going straight B fund.
All new hires are on the straight B fund plan.
Adding the profit sharing payout to the retirement funding is somewhat erroneous because the PBP changes every year. The math in your post would be correct IF the PBP was applied to the B fund. It isn't.
All new hires are on the straight B fund plan.
Adding the profit sharing payout to the retirement funding is somewhat erroneous because the PBP changes every year. The math in your post would be correct IF the PBP was applied to the B fund. It isn't.
#104
Banned
Joined APC: Jan 2011
Posts: 1,122
Guys,
Don't take any statements on here as negative or positive. These are the real and personal experiences of the pilots working for the company now, good and bad.
Just because it is what you want to hear or weren't expecting doesn't make it true of false, it is merely someone's experience. I can personally verify most of what the average applicant would call negative. None of that information is hiding on you, all you need to do is find it yourself and then you wouldn't need to believe some guy on a message board.
90% of you will feel the same way after flying the line for a month or so.
Don't take any statements on here as negative or positive. These are the real and personal experiences of the pilots working for the company now, good and bad.
Just because it is what you want to hear or weren't expecting doesn't make it true of false, it is merely someone's experience. I can personally verify most of what the average applicant would call negative. None of that information is hiding on you, all you need to do is find it yourself and then you wouldn't need to believe some guy on a message board.
90% of you will feel the same way after flying the line for a month or so.
Last edited by aldonite7667; 02-01-2013 at 07:42 AM. Reason: ....
#105
Banned
Joined APC: Jan 2011
Posts: 1,122
...........
Last edited by aldonite7667; 02-01-2013 at 07:41 AM. Reason: Dupicate
#107
Gets Weekends Off
Joined APC: Nov 2005
Posts: 195
JetBlue ELT has need of the aircraft to continue expansion. The A321s don't come till the end of the year and may not produce any revenue until late 4th qtr. The real problem is that JetBlue deferred too many A320s and cancelled too many A320 options, resulting in a shortage of aircraft. Thus thier only option is to accept more E190s to get airframes. However, the increase to 7 E190s is not exactly a new change. If you go back and look at earlier delivery schedules, we where origionally suppose to get 7 E190s in 2013, but later deferred some to later years. This is just returning to the original deliver scheduled for 2013 (ref the SEC filines for the last 4 years).
The real problem is that we need aircraft, any aircraft. I believe management would prefer A320s, but the only thing on our order sheet we can get is E190s. The E190s has turned into a turd. The word is that its cost per block hours is the same as the A320 (but with 50 less seats and poor reliablity). But it is better than nothing. (maybe).
Just my opinion......
FNG
The real problem is that we need aircraft, any aircraft. I believe management would prefer A320s, but the only thing on our order sheet we can get is E190s. The E190s has turned into a turd. The word is that its cost per block hours is the same as the A320 (but with 50 less seats and poor reliablity). But it is better than nothing. (maybe).
Just my opinion......
FNG
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