Attention Current JetBlue Pilots
10-30-2013 | 01:05 PM
#41
SDQ Base Chief
Joined: Mar 2006
Posts: 6,089
Likes: 48
From: 320 CA
Mark Powers always has some classic quotes
Mark D. Powers - Chief Financial Officer and Executive Vice President
For sure, we had some headwinds next year. I mean, absolutely, we are committed to paying pilot peer wages, and there is no doubt that we are lagging that. We are on -- in process of ongoing conversations with our pilot groups on that particular topic, probably not -- it's probably premature, really, to talk kind of where our thinking is right now on the pilot pay. That's probably a conversation we better -- it's best to have with our pilot first than on an earnings call. But for sure, that will be a source of headwind next year. And the whole Mint thing is on -- other than seats and some of the training and product, I'm not viewing that as -- candidly, it's not in my top 5 of headwinds as I think about next year. I would caution just a little bit of -- in the interest of disclosure, our benefits this year have been really, really, if you will, very, very good in terms of claims and whatnot. The -- our people department converted us wisely to a new plan. I don't know the dynamics of deductibles and where people are filing. We may see a bit of an increase on benefits in the fourth quarter of this year, but beyond that, I'm not really expecting anything else.
For sure, we had some headwinds next year. I mean, absolutely, we are committed to paying pilot peer wages, and there is no doubt that we are lagging that. We are on -- in process of ongoing conversations with our pilot groups on that particular topic, probably not -- it's probably premature, really, to talk kind of where our thinking is right now on the pilot pay. That's probably a conversation we better -- it's best to have with our pilot first than on an earnings call. But for sure, that will be a source of headwind next year. And the whole Mint thing is on -- other than seats and some of the training and product, I'm not viewing that as -- candidly, it's not in my top 5 of headwinds as I think about next year. I would caution just a little bit of -- in the interest of disclosure, our benefits this year have been really, really, if you will, very, very good in terms of claims and whatnot. The -- our people department converted us wisely to a new plan. I don't know the dynamics of deductibles and where people are filing. We may see a bit of an increase on benefits in the fourth quarter of this year, but beyond that, I'm not really expecting anything else.
10-30-2013 | 01:14 PM
#42
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
All I pointed out is there is Jetblue spin and then there is reality.
The analyst are unhappy with the airlines performance. Why, because we lag in most measurable categories. Jetblue spins the growth when in reality we net the same amount of AC. Jetblue pilots read a Jetblue press release and take it at face value. That is why we are in the hole that we are in. Waiting for industry standard raises since 2009.
Management is going to do whatever it wants but to spew managements propaganda without knowing both sides simply continues the sad narrative that has become this pilot group.
The analyst are unhappy with the airlines performance. Why, because we lag in most measurable categories. Jetblue spins the growth when in reality we net the same amount of AC. Jetblue pilots read a Jetblue press release and take it at face value. That is why we are in the hole that we are in. Waiting for industry standard raises since 2009.
Management is going to do whatever it wants but to spew managements propaganda without knowing both sides simply continues the sad narrative that has become this pilot group.
10-30-2013 | 01:38 PM
#44
Gets Weekends Off
Joined: Oct 2012
Posts: 3,274
Likes: 55
From: 190 captain and “Pro-pilot”
Paraphrased. But Yea. It's accurate. I believe the words were no problem with attraction, but retention is the issue.... I'd have to read the transcript.
I think they're worried about massive churn on the bottom. There will be some from top to bottom, but I'm thinkin the bottom 1000 are going to shuffle hard. IMO
I think they're worried about massive churn on the bottom. There will be some from top to bottom, but I'm thinkin the bottom 1000 are going to shuffle hard. IMO
See 2 posts above for what Dave said.
10-30-2013 | 02:08 PM
#46
Gets Weekends Off
Joined: Oct 2012
Posts: 3,274
Likes: 55
From: 190 captain and “Pro-pilot”
10-31-2013 | 05:20 AM
#48
Line Holder
Joined: May 2012
Posts: 1,571
Likes: 86
10-31-2013 | 05:33 AM
#49
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
So use 2015 as a specific example. Will we have more aircraft at the end of 2015 than we will at the end of 2014? Assuming no lease returns.
10-31-2013 | 05:37 AM
#50
Gets Weekends Off
Joined: Oct 2012
Posts: 3,274
Likes: 55
From: 190 captain and “Pro-pilot”
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