Search

Notices
Major Legacy, National, and LCC

Jetblue movement...

Thread Tools
 
Search this Thread
 
Old 08-30-2013 | 05:51 PM
  #411  
CaptCoolHand's Avatar
Gets Weekends Off
 
Joined: Dec 2008
Posts: 3,150
Likes: 0
From: Left,Right, Left, Right,Right,Left, Right, Left
Default

Originally Posted by Bluedriver
Prove me wrong.

I think tx about covered that.

What's next shares don't count as compensation?
Old 08-30-2013 | 05:52 PM
  #412  
CaptCoolHand's Avatar
Gets Weekends Off
 
Joined: Dec 2008
Posts: 3,150
Likes: 0
From: Left,Right, Left, Right,Right,Left, Right, Left
Default

Originally Posted by txbusdriver
Thnx, I was looking for this info on BP.
Old 08-30-2013 | 06:01 PM
  #413  
alvrb211's Avatar
Gets Weekends Off
 
Joined: Jun 2007
Posts: 1,045
Likes: 0
Default

Originally Posted by amcflyboy
How about you prove us wrong. You're the one who seems to know everything here, about what our ELT is NOT making. You show us the numbers. These ****sticks negotiate their own pay, that is a fact! This company makes more money than what they say. Growth you say? Your organic growth is already slowing down. It's called Aer Lingus and Hawaiian Airlines parking at T5, plus ZERO open time in FLICA! And now the company wants to have unlimited domestic code sharing?! YGTBFSM!! I don't see how the union would slow down growth anymore. The ELT has had their chance to grow at the speed that you preach. Time is up. Pay it forward!

I don't think he knows what kind of "growth" the company is planning on. EVIDENTLY, they don't care about the brand or culture. The very fact that they are happy to put a JB code elsewhere is all the proof anyone should need that the mighty $ is all they care about.


Culture??????


HaHaHaHa!


Failed models??????


Isn't it VERY STRANGE that JB are code sharing with business partners they have slammed as being "Failed Models"??????


He wont be upgrading. This progression through seniority he dreams of wont happen. He'll be watching other Airline's carrying JB passengers while his comp is gutted further.


A fool and his money are easily parted.


JJ
Old 08-30-2013 | 06:52 PM
  #414  
Gets Weekends Off
 
Joined: Dec 2010
Posts: 527
Likes: 0
Default

Originally Posted by CaptCoolHand
I think tx about covered that.

What's next shares don't count as compensation?
I remember in Jan 2011 or 2012 we got the management sob story about how there would no raises for ELT. The company communication explained how this hardship had never occurred at JetBlue but was necessary. Two weeks later there was a filing with the SEC outlining the million dollar stock grants. Unreal.
Old 08-31-2013 | 04:16 AM
  #415  
The REAL Bluedriver
 
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Default

Originally Posted by txbusdriver

EXACTLY AS I SAID. There bonuses from link one total 1,300,000 million shares. At 7 dollars a share (being generous on that one) you get a TOTAL exec bonus of 9.1 million dollars. That is less than 25% the cost of an airbus. Wow, you proved yourself an idiot.

And to be honest, they would get a bonus if we got higher pay anyway, maybe 20-30% smaller, which would only be 1-2 million dollars less bonus. So, I have to ask, if we raise pilot comp by 30%, which will cost 100-120+ million, management MIGHT get 1-2 million less, where does the other 98-118 million come from? Where is it going now, since it is not going to executive bonuses?
Old 08-31-2013 | 04:19 AM
  #416  
The REAL Bluedriver
 
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Default

Originally Posted by CaptCoolHand
I think tx about covered that.

What's next shares don't count as compensation?
Um, no he didn't. Did you even read the links? Can you use a calculator? It is EXACTLY as I said. There bonuses can NOT even buy 20% of a new airbus, and the portion of their bonuses that would be affected by us getting a raise would total about 2-4% of what our raise would cost.
Old 08-31-2013 | 04:26 AM
  #417  
The REAL Bluedriver
 
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Default

Originally Posted by amcflyboy
How about you prove us wrong. You're the one who seems to know everything here, about what our ELT is NOT making. You show us the numbers. These ****sticks negotiate their own pay, that is a fact! This company makes more money than what they say. Growth you say? Your organic growth is already slowing down. It's called Aer Lingus and Hawaiian Airlines parking at T5, plus ZERO open time in FLICA! And now the company wants to have unlimited domestic code sharing?! YGTBFSM!! I don't see how the union would slow down growth anymore. The ELT has had their chance to grow at the speed that you preach. Time is up. Pay it forward!
TX proved you guys wrong. Well, that is if you can use a calculator.

I don't like the codeshare stuff entirely, but I am not anti-union. That said, most union companies codeshare. And a union wouldn't force the company to buy A330s to fly to Dublin.

No open time in FLICA in sept, a trough month, wow I'm so shocked.... Wait until you get the vacation system these guys are demanding. Be ready for no open time 3x as often.

I didn't say a union would slow growth. I said raising pilot CASM 30% (or legacy pay) would slow growth. Growing is expensive, the money has to come from somewhere. And despite what alvr says, labor expenses are not free, and they do matter.
Old 08-31-2013 | 04:28 AM
  #418  
The REAL Bluedriver
 
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Default

Originally Posted by txbusdriver
I remember in Jan 2011 or 2012 we got the management sob story about how there would no raises for ELT. The company communication explained how this hardship had never occurred at JetBlue but was necessary. Two weeks later there was a filing with the SEC outlining the million dollar stock grants. Unreal.
I am not defending managements actions. I am thoroughly disappointed with them.
Old 08-31-2013 | 04:30 AM
  #419  
The REAL Bluedriver
 
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Default

Originally Posted by CaptCoolHand
Thnx, I was looking for this info on BP.
You were looking for info that JB total executive bonuses were only 9 million dollars, to prove me wrong that it couldn't buy one airplane, or didn't amount to 2-4% of the cost of raising pilot compensation by 30%?

Congratulations. You sure showed me.

Last edited by Bluedriver; 08-31-2013 at 05:07 AM.
Old 08-31-2013 | 07:55 AM
  #420  
Gets Weekends Off
 
Joined: Dec 2010
Posts: 527
Likes: 0
Default

Originally Posted by Bluedriver
TX proved you guys wrong. Well, that is if you can use a calculator.

I don't like the codeshare stuff entirely, but I am not anti-union. That said, most union companies codeshare. And a union wouldn't force the company to buy A330s to fly to Dublin.

No open time in FLICA in sept, a trough month, wow I'm so shocked.... Wait until you get the vacation system these guys are demanding. Be ready for no open time 3x as often.

I didn't say a union would slow growth. I said raising pilot CASM 30% (or legacy pay) would slow growth. Growing is expensive, the money has to come from somewhere. And despite what alvr says, labor expenses are not free, and they do matter.
No skippy, $1.2 million in one month! Multiple that over the years and you could buy several airplanes! The links I provided only cover a couple of years.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
P-3Bubba
Major
174
04-23-2014 06:14 AM
LuvJockey
Major
14
03-15-2012 03:30 PM
Gman
Major
34
04-12-2007 08:43 PM
mike734
JetBlue
8
02-14-2006 11:07 PM
Sir James
Major
0
07-29-2005 07:02 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices