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12-30-2013, 04:00 PM

#5051

tom11011

Gets Weekends Off

Joined APC: Feb 2013

Posts: 2,939

Quote:

Originally Posted by shlomo

Hmmm, In this economy....

I wonder if, Victory Park Capital, The parent holding company of this Operation, is considering selling off the assets of Silver, or per chance considering, 'Silver's Breakup Value'..

I wonder...

Cause, If they did, A lot of great people would be out of work, and it would be primarily because of a small handful of a few self serving individuals.. whom are mismanaging Silver into financial insolvency....

What assets does Silver actually own? Most airlines lease their airplanes. There is really nothing to break up. The fact Silver is owned by an investment company is evidence of their intention to add a little value for the sole purpose of selling the company to a different owner at some point in the future. Whether that happens or not is simply based on numbers plugged into a spreadsheet. Right now the investment company is satisfied with profit from cash flows, but if they determine it cannot be sold, they will cease ops.

12-30-2013, 04:10 PM

#5052

CaptainCarl

I'm a man of my word.

Joined APC: Jul 2008

Position: Devil's Advocate

Posts: 2,883

Silver Airways

I came to Silver knowing one of two things would happen: Downgrade or furlough. The downgrade is a mathematical certainty and the way things are trending, I expect the furlough to follow in short order.

I had high hopes for this place… and some days I still do. There have been some noticeable improvements already (hub-basing, better quality hotels, hiring bonuses) but it seems to be a day late and a dollar short. Here's to hoping for continued improvements and success in the new year.

12-30-2013, 06:07 PM

#5053

ctab5060X

Gets Weekends Off

Joined APC: Jul 2007

Posts: 268

Quote:

Originally Posted by shlomo

Cause, If they did, A lot of great people would be out of work, and it would be primarily because of a small handful of a few self serving individuals.. whom are mismanaging Silver into financial insolvency....

I wouldn't say that Silver is currently being mismanaged by those currently in charge. I would say that those currently in charge are too busy putting out fires created by prior mismanagement that they can't fully focus on doing their jobs as best they can.

It takes a lot to get past previous mismanagement of a company.

12-30-2013, 06:11 PM

#5054

ctab5060X

Gets Weekends Off

Joined APC: Jul 2007

Posts: 268

Quote:

Originally Posted by CaptainCarl

I had high hopes for this place… and some days I still do. There have been some noticeable improvements already (hub-basing, better quality hotels, hiring bonuses) but it seems to be a day late and a dollar short. Here's to hoping for continued improvements and success in the new year.

I had high hopes too... and go to work each trip hoping for something better than the last trip.

But.......

Every time it takes an hour to get an answer in scheduling...
Every time it takes 15 minutes to get dispatch to answer...
Every time it takes a hour for a simple MEL to be done...
Every time...

well this could take forever...

I try. I really do try.

But there is only so much BS one can take.

12-30-2013, 07:19 PM

#5055

CaptainCarl

I'm a man of my word.

Joined APC: Jul 2008

Position: Devil's Advocate

Posts: 2,883

Quote:

Originally Posted by ctab5060X

Agreed. The frustration factor is at an all-time high right now.

12-30-2013, 08:35 PM

#5056

ctab5060X

Gets Weekends Off

Joined APC: Jul 2007

Posts: 268

Quote:

Originally Posted by CaptainCarl

Agreed. The frustration factor is at an all-time high right now.

Sing with me Carl!

The wheels on the bus are falling off, falling off, falling off...

01-01-2014, 01:32 AM

#5057

Salukipilot4590

ILL BEE DAT

Joined APC: Aug 2006

Position: Rollin' Down tha 405

Posts: 2,550

So, uh, what's this TDY bid thing on the ol FLiCA?

01-01-2014, 08:27 PM

#5058

proprunnner

Line Holder

Joined APC: Dec 2013

Posts: 91

i just got hired by silver, i've been reading the past couple of pages and i gotta ask are the current pay scale on this site correct? is 2nd year pay that low and is per diem only after 9hrs of duty time? how do you guys pay your bills?

01-01-2014, 08:34 PM

#5059

Propspilot

Gets Weekends Off

Joined APC: Jun 2013

Posts: 101

Quote:

Originally Posted by proprunnner

Ok, Ill say it... You applied. You got called for an interview. Went to said interview. Passed said interview. And NOW your asking what the pay is?

01-01-2014, 08:51 PM

#5060

ifly

Line Holder

Joined APC: Oct 2010

Posts: 38

Quote:

Originally Posted by proprunnner

What stopped you from asking these questions at the interview? Remember you are also supposed to interview them to make a sound decision on taking the job. I guess you can still call them and ask these questions before you show up for class. You better hear it from them directly then on this forum.