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-   -   Alaska Posts Loss (https://www.airlinepilotforums.com/major/8941-alaska-posts-loss.html)

Moose 01-25-2007 09:31 AM

Alaska Posts Loss
 
Alaska posted a net loss of about $53 million for 2006 after deducting aircraft conversion and Mexico refunds. Sounds to me like they are going to play the hardball game with the pilot contract.:mad:

HPilot 01-25-2007 09:43 AM

I hope they get a nice big pay raise. The previous slap in the face paycut caused a lot of anger in a great pilot group.

mike734 01-25-2007 02:53 PM

Well accountants can show anything. Even though they show a loss, we are going to share over 36 million in profit sharing. In addition, the company made 122 million in contributions to the pension plan. It is now over 80% funded.

Posted on Alaskasworld.com, "Excluding special items, Alaska Airlines earned an adjusted pretax profit of $200.5 million for the year, after posting a $1.9 million loss in the fourth quarter." Also, Alaska has over 1 billion in cash available.

We are going to negotiate hard also.

mike734 01-25-2007 04:48 PM


Originally Posted by AK Hawg (Post 107782)
Can you also negotiate for the total time minimums be brought down to industry standards so us fighter guys can get a foot in the door? Please! :D

!!! We have tons of military guys. They seem to hire heavy drivers mostly though. I know mins are mins but surely you must be close. If you are close, send in the app and keep the updates coming.

Hacker15e 01-25-2007 06:02 PM


Originally Posted by mike734 (Post 107842)
I know mins are mins but surely you must be close. If you are close, send in the app and keep the updates coming.

I am currently on my third fighter tour and still only have around 1,300 hours PIC turbine. Fighter guys are not going to have a significant difference between their total time and their PIC turbine time, since they are logging PIC from practically day one.

A 3,000 hour (Alaska's min) fighter guy is a rare bird...probably only a guy who flew his entire career and retired from the AF will be eligible...not someone who got out of the military mid-career.

RedeyeAV8r 01-25-2007 06:10 PM


Originally Posted by Hacker15e (Post 107883)
I am currently on my third fighter tour and still only have around 1,300 hours PIC turbine. Fighter guys are not going to have a significant difference between their total time and their PIC turbine time, since they are logging PIC from practically day one.

A 3,000 hour (Alaska's min) fighter guy is a rare bird...probably only a guy who flew his entire career and retired from the AF will be eligible...not someone who got out of the military mid-career.

Make sure you do a your Military conversion. .2 or .3 per sortie
At one point in my quest, I had 1200 hours, but 1400 sorties...... that is a lot of take offs and landings. After the conversion I had enough for that magical 1500 to get my ATP. Most of the MGT pilots or interviewers understand fighter guys and their apparent low time.........You are roughly equivalent to a C-141 or C17 guy with 3000 hours or more. I wouldn't let that stop you from applying.

mike734 01-25-2007 06:22 PM


Originally Posted by AK Hawg (Post 107887)
Exactly! That's what I'm dealing with right now. And now with the AF going to 4-year staff tours, even if I wanted to stay AD for a full 20 I'd be lucky to have 3k total. I have a little over a year before my commitment runs out and have 1400 total and a little over 1100 PIC turbine. I would say it's next to impossible for a fighter guy to get 3000 total by mid-career.

I don't know what they are thinking. I do know we will need to hire soon. We are currently negotiating a new contract. I believe they think they are going to get major productivity gains. I don't think the pilots are going to go for it. If we get a contract in April and they don't get the productivity gains they are looking for, look for a major hiring boom. Minimums can change in a NY minute.

RedeyeAV8r 01-25-2007 06:33 PM


Originally Posted by AK Hawg (Post 107894)
Thanks RedEyE, but unfortunately Alaska doesn't have a military conversion factor either! My buddy has got 2k+ total and almost all of it PIC and Alaska kicked his application back. He even emailed HR to get a clarification and the response was "the mins are the mins".
Fortunately you guys and UPS have Anchorage hubs, and I already meet the mins for them!
Let's see ... 1200 hours and 1400 sorties ... which was that in, 38's or Vipers?;)

F-4's A-4's and F-5's.......



Got to luv those .7 and .8s..........now my bladder is trained. I have trouble on those 12- 14 hours flights

Hacker15e 01-25-2007 06:52 PM


Originally Posted by RedeyeAV8r (Post 107900)
Got to luv those .7 and .8s..........now my bladder is trained. I have trouble on those 12- 14 hours flights

I just finished a tour teaching fighter lead-in in the AT-38 (yep, the AF logs that as fighter time!) with about 600 sorties and 525 hours (0.8 ASD). If it weren't for a couple of 1.7s on cross countries over the weekends, I'd probably have a 0.7 average for that tour.

Velocipede 01-25-2007 08:48 PM


Originally Posted by mike734 (Post 107772)
Well accountants can show anything....Also, Alaska has over 1 billion in cash available.

That'll go a long way towards the Air Tran buyout.


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