JetBlue's Barger already managing expectation
#1
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JetBlue's Barger already managing expectation
Pilot union challenge to JetBlue culture: CEO - CNBC==
He's obviously not happy about the ALPA vote. Also, notice how he mentions how much those pilots cost
He's obviously not happy about the ALPA vote. Also, notice how he mentions how much those pilots cost
#3
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Pilot union challenge to JetBlue culture: CEO - CNBC==
He's obviously not happy about the ALPA vote. Also, notice how he mentions how much those pilots cost
He's obviously not happy about the ALPA vote. Also, notice how he mentions how much those pilots cost
#4
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The realization by a maturing pilot group that a union, not Barger, will be needed to make Jetblue a career destination is what brought ALPA on the property.
His comments since the election have termed him a "petulant child" by an analyst.
His comments since the election have termed him a "petulant child" by an analyst.
#5
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Barger and all corporations have some kind of labor relations dept and/or consulting firm.... JB has had one for years and it has kept cost down and done well for them...
Now that the JB pilots are professionals, doesn't mean that Barger won't stop using Labor relations.... it's just a different arena... game is the same...
The number one goal of any corporation when it comes to labor.... is... make you believe its raining, when they are actually..... well you get it....
Now that the JB pilots are professionals, doesn't mean that Barger won't stop using Labor relations.... it's just a different arena... game is the same...
The number one goal of any corporation when it comes to labor.... is... make you believe its raining, when they are actually..... well you get it....
#6
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Posts: 242
Barger and all corporations have some kind of labor relations dept and/or consulting firm.... JB has had one for years and it has kept cost down and done well for them...
Now that the JB pilots are professionals, doesn't mean that Barger won't stop using Labor relations.... it's just a different arena... game is the same...
The number one goal of any corporation when it comes to labor.... is... make you believe its raining, when they are actually..... well you get it....
Now that the JB pilots are professionals, doesn't mean that Barger won't stop using Labor relations.... it's just a different arena... game is the same...
The number one goal of any corporation when it comes to labor.... is... make you believe its raining, when they are actually..... well you get it....
#7
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Joined APC: Nov 2013
Posts: 14
David Barger
Sure. Good morning, Michael. Likewise, appreciate the question. Again, just to reiterate, disappointed not only with the result, but certainly the statement by the pilots regarding third-party representation, continue to absolutely be of the opinion that the relationship that we have with our crew members and what we previously had with our pilots, that this direct relationship is the best path forward. So, back my statement, we see no material change to our outlook as a result of this election. And that's exactly where I'll take you back to, Jamie, this investment that we've made with our pilot, the $145 million that we've talked about previously, this year over the next 3 years. At our life cycle, the ability to attract and retain, which we have not had absolutely no issues with, at all, from the standpoint of the pilot pipeline. When you start to take a look at on-standard, with the Air Line Pilots Association, it's a 32-month timeframe to negotiate a collective bargaining agreement. And so I'm really, again, very disappointed with the pilots. I think predictability, now, in terms of wage cost, salary specifically, and benefits and quality of life with our pilots, I think now is very predictable. And tell you the truth, it's easier for us to now manage that cost. And, again, I really think it was a short-term decision by our pilot group.
Sure. Good morning, Michael. Likewise, appreciate the question. Again, just to reiterate, disappointed not only with the result, but certainly the statement by the pilots regarding third-party representation, continue to absolutely be of the opinion that the relationship that we have with our crew members and what we previously had with our pilots, that this direct relationship is the best path forward. So, back my statement, we see no material change to our outlook as a result of this election. And that's exactly where I'll take you back to, Jamie, this investment that we've made with our pilot, the $145 million that we've talked about previously, this year over the next 3 years. At our life cycle, the ability to attract and retain, which we have not had absolutely no issues with, at all, from the standpoint of the pilot pipeline. When you start to take a look at on-standard, with the Air Line Pilots Association, it's a 32-month timeframe to negotiate a collective bargaining agreement. And so I'm really, again, very disappointed with the pilots. I think predictability, now, in terms of wage cost, salary specifically, and benefits and quality of life with our pilots, I think now is very predictable. And tell you the truth, it's easier for us to now manage that cost. And, again, I really think it was a short-term decision by our pilot group.
#8
They had to know. They did a half a$$ PR job attempting to hold ALPA off. It wasn't a full on assault. They could have easily slammed the door on ALPA with the last PEA and with its relationship with the PVC during the contract "negotiation".
I wouldn't be half surprised that they actually want the pilots to be unionized. Knowing that when the transactional event takes place that it will make it easier for the acquiring company to handle. It may even make jetblue more attractive for a M&A, rather than trying to figure out how to integrate 2,600 individual contracts and lawsuits.
I wouldn't be half surprised that they actually want the pilots to be unionized. Knowing that when the transactional event takes place that it will make it easier for the acquiring company to handle. It may even make jetblue more attractive for a M&A, rather than trying to figure out how to integrate 2,600 individual contracts and lawsuits.
#9
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Posts: 164
Email from CFO:
....
"That said, investors still hold us accountable to our financial targets. We remain focused on achieving our ROIC target of 7% this year by expanding margins through cost control and improved revenue performance."
So what will be cut next?
....
"That said, investors still hold us accountable to our financial targets. We remain focused on achieving our ROIC target of 7% this year by expanding margins through cost control and improved revenue performance."
So what will be cut next?
#10
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Joined APC: Dec 2010
Posts: 524
They had to know. They did a half a$$ PR job attempting to hold ALPA off. It wasn't a full on assault. They could have easily slammed the door on ALPA with the last PEA and with its relationship with the PVC during the contract "negotiation".
I wouldn't be half surprised that they actually want the pilots to be unionized. Knowing that when the transactional event takes place that it will make it easier for the acquiring company to handle. It may even make jetblue more attractive for a M&A, rather than trying to figure out how to integrate 2,600 individual contracts and lawsuits.
I wouldn't be half surprised that they actually want the pilots to be unionized. Knowing that when the transactional event takes place that it will make it easier for the acquiring company to handle. It may even make jetblue more attractive for a M&A, rather than trying to figure out how to integrate 2,600 individual contracts and lawsuits.
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