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Originally Posted by MatchPoint
(Post 657516)
I understand & I take no offense. Yes both of our profits go back to SGU but the way I understand it our rewards are paid off of SKW airlines margin, not Inc's. Therefore your furloughs have nothing to do with our payout.
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Originally Posted by BassFishr
(Post 657705)
I'm sick of this "your lucky" stuff. Ya were going to complain. We at ASA make a lot of money for SKW, they're lucky to have the cash we make in their pocket. It's pretty sad that when pilots consider themselves lucky for having a job and not getting beat with a stick everyday.
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines" :rolleyes: When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years)............. Believe me when I say that the return on the 500+ mill has not been much yet.......... and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again......... |
Originally Posted by Splanky
(Post 657445)
Horizon is up to $300 per quarter for operational stuff. Then profit sharing once a year. Top profit sharing check for me so far was $960 as second year fo.
That is a lot; A second year FO at SKYW just get $350 and He gets the operational profit sharing after completing 2 years....and starting on his third year............... |
1 year 9 month ASA FO: $145.32 after taxes
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2nd year Pinnacle FO.... Zero Net......and have never gotten one. But for some dumb reason we keep throwing out those #1 ontime performance numbers. With a poop contract I might add.......We are daddy Delta's stepchildren !
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Originally Posted by HermannGraf
(Post 657729)
:eek: Like when ASA had to cancel 200+ flights and SKYW INC had to send every available 200 they had at Skyw airlines to save as much as possible?? It just took the result down by 14 to 20 mill for that quarter......but hell that does not count does it.........
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines" :rolleyes: When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years)............. Believe me when I say that the return on the 500+ mill has not been much yet.......... and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again......... |
Originally Posted by HermannGraf
(Post 657729)
:eek: Like when ASA had to cancel 200+ flights and SKYW INC had to send every available 200 they had at Skyw airlines to save as much as possible?? It just took the result down by 14 to 20 mill for that quarter......but hell that does not count does it.........
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines" :rolleyes: When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years)............. Believe me when I say that the return on the 500+ mill has not been much yet.......... and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again......... Or like after Skywest Inc purchased ASA, skywest airlines got the overwater exemption ASA had that cost lots of time and money. But hell, that doesn't count either..... |
Originally Posted by duvie
(Post 657370)
Buddy, I'm here to tell ya that you're lucky to be under the SkyWest banner, but with all due respect, its a lot worse many other places.
If you were still with Daddy Delta not only would you probably not have gotten your new contract pushed through, but you wouldn't be getting any SKW inc bonus and you'd probably be atrophying like Comair. I understand you're losing flying with Delta, but so is every other DCI carrier out there. Best of luck Let me know when you pull your head out and get the big picture. ASA is a second class citizen in the SKW family. And no, we never asked to be part of it. What you don't seem to understand is that when this pilot group gets ****ed off enough and burns the place down (new contract in 16 months) we'll take you guys down with us. |
Originally Posted by BassFishr
(Post 657793)
Lets not be dramatic 550+ million? Yaaa more like 330 million, I guess thats close if you're in Washington. Thanks for the business lesson on investments.
Try $425M plus $50M in deposits equalling $475M of which $350M was paid upfront, the rest is due in Oct 09. |
Originally Posted by MatchPoint
(Post 657825)
Http://www.SkyWest.com/media/05/8-15-05.php
Try $425M plus $50M in deposits equalling $475M of which $350M was paid upfront, the rest is due in Oct 09. |
Originally Posted by John Pennekamp
(Post 657820)
Oh, I get it. We're "lucky" that SkyWest scooped us up. Ok, bud, keep drinking that SGU Kool Aid. I have more time in this industry than you have inside the marker, and I don't need your "encouragement" to know what's going on. Yeah, it's nice to have a bonus, and SkyWest has cleaned this place up, but we at ASA are sick and tired of seeing SkyWest Airlines get all the glory. We furlough while you expand in our only hub. Our parent company posts impressive profits, yet your share is twice ours. We fight 5 years for a raise, and your management simply matches it.
Let me know when you pull your head out and get the big picture. ASA is a second class citizen in the SKW family. And no, we never asked to be part of it. What you don't seem to understand is that when this pilot group gets ****ed off enough and burns the place down (new contract in 16 months) we'll take you guys down with us. BTW, we're two seperate airlines. If you take ASA down SKW will not go with you and if you think otherwise you're even more ignorant (not stupid) than I thought. Good day. |
Originally Posted by BassFishr
(Post 657835)
Deal of the century.
Absolutely the "Deal of the century." |
Originally Posted by MatchPoint
(Post 657843)
WOW! You need to get off these boards before you have a heart attack.
BTW, we're two seperate airlines. If you take ASA down SKW will not go with you and if you think otherwise you're even more ignorant (not stupid) than I thought. Good day. Also, if you think SKW, Inc. can absorb a $400 million+ loss, then you're more more ignorant (not stupid) than I thought.
Originally Posted by MatchPoint
(Post 657846)
Couldn't agree more. ASA is a very good airline and todate Inc has made over $300M in before tax profit off of ASA since purchasing them in Oct 05. When the 15 year contract is up Inc will have tripled their investment in profit alone.
Absolutely the "Deal of the century." |
Originally Posted by BassFishr
(Post 657793)
Lets not be dramatic 550+ million? Yaaa more like 330 million, I guess thats close if you're in Washington. Thanks for the business lesson on investments.
More like $475 as other here described more in details and that is closer to my $500+ than $330 so I guess I was not being that dramatic. Dont know where you got the $550+ from Sorry about the lesson maybe it was a bit much:rolleyes: |
Originally Posted by John Pennekamp
(Post 657854)
I'm not even slightly worked up.
Also, if you think SKW, Inc. can absorb a $400 million+ loss, then you're more more ignorant (not stupid) than I thought. And now you've agreed with me. there must be some value to sell in such scenario and like other people said that I did not count. Skyw Inc got $300 million back already in form of tax credits. a good question is "what if skywest Inc had not bought ASA how would ASA be doing today?" any other company with the cash needed to turn around ASA and willing to invest in it? Republic maybe........naaa I am sure that if Skyw inc receive a good offer they will look at it seriously. We all know how Comair and Mesaba are doing being owned by Delta. Do you Seriously think ASA would be doing better today not being part of Skywest Inc? I believe the only reason why it has survived is because Skywest bought them. With low performance numbers and high cost comparing with others Delta (if it would be theirs) would have cut them down worse than they done with Comair. |
Originally Posted by Trip7
(Post 657765)
1 year 9 month ASA FO: $145.32 after taxes
There is a slight difference also in size If we look at the amount of flights, pilots and employees we can see that Skywest airlines is much bigger. The bigger you are and the more flights you do the more difficult it is to keep good performance numbers. A clear example of a small operator showing incredible performance numbers is Go Jet. So clerarly the size matters when it comes to achivieng good performance numbers. Also i dont know how but our employees keep performing better and better (not saying that ASA is not) in an unexpected way and Inc had to raise the bar and change the payouts or they would be paying max bonus all the time. That is something to be proud of. We earned our bonus and I dont care if it is the highest or the lowest comparing to others. I did not get close to what others get at Skywest. Do I feel bad about it? hell no, I am happy for them. Well done:) |
Originally Posted by bored
(Post 657385)
There used to be OT performance bonus checks at Mesaba, for everyone but the pilots. They went away in bankruptcy. We as pilots refused the program because of the way it was structured. Further... we beat our goals and generally beat every other DCI carrier without having this performance incentive... WHY would the company implement one now?
As for profit sharing... I was happy to get mine. I can't believe all of you whiners and complainers about FREE MONEY that the company is giving you. We've never had this before at Mesaba, even in our big profit years, so at least it's something. If you don't want it... I'm sure there are many out there that would take it on your behalf. |
Originally Posted by John Pennekamp
(Post 657820)
Oh, I get it. We're "lucky" that SkyWest scooped us up. Ok, bud, keep drinking that SGU Kool Aid. I have more time in this industry than you have inside the marker, and I don't need your "encouragement" to know what's going on. Yeah, it's nice to have a bonus, and SkyWest has cleaned this place up, but we at ASA are sick and tired of seeing SkyWest Airlines get all the glory. We furlough while you expand in our only hub. Our parent company posts impressive profits, yet your share is twice ours. We fight 5 years for a raise, and your management simply matches it.
Let me know when you pull your head out and get the big picture. ASA is a second class citizen in the SKW family. And no, we never asked to be part of it. What you don't seem to understand is that when this pilot group gets ****ed off enough and burns the place down (new contract in 16 months) we'll take you guys down with us. I think that using the performance payouts as an indicator of who is the "favorite child" is also irrelevant. Under our agreement with management our performance payout for ABC conditions is $XYZ. If you analyze every part of your contract and our agreement there will be numerous differences, some that are more favorable at SKW but many at ASA (higher payscale, no block hour overide and the list goes on). I don't know who would come out on top when its all said and done but even if it wasn't a wash I don't believe that would be your indicator as to who is "liked" best. SKW Inc is after the money, period. Again, I'm sorry about the furloughs and I hope some opportunities present themselves for your pilot group. |
Originally Posted by duvie
(Post 657916)
Bottom line JP, if you believe that ASA is being treated unfairly, then everything you see will seem to support that. Most things can be interpreted in any number of ways and generally speaking, as employees of massive companies we usually don't have anywhere near all the information therefore our subjective assessments aren't accurate. I'm truly sorry that ASA employees feel that way. Perhaps the reason you didn't get more DCI flying was because you are already the largest DCI operator by far. To that end, United is always trying to redistribute flying to their other carriers because they feel we (SKW) have more than our fair share, EG XJT picking up the slack this summer even though we could easily have covered it. There aren't a whole lot of RFPs out there, so for right now it seems that you guys are DCI or nothing. I imagine if and when some East Cost flying opens up at other majors you guys will be in line for it and SKW won't.
I think that using the performance payouts as an indicator of who is the "favorite child" is also irrelevant. Under our agreement with management our performance payout for ABC conditions is $XYZ. If you analyze every part of your contract and our agreement there will be numerous differences, some that are more favorable at SKW but many at ASA (higher payscale, no block hour overide and the list goes on). I don't know who would come out on top when its all said and done but even if it wasn't a wash I don't believe that would be your indicator as to who is "liked" best. SKW Inc is after the money, period. Again, I'm sorry about the furloughs and I hope some opportunities present themselves for your pilot group. |
Originally Posted by HermannGraf
(Post 657892)
Also i dont know how but our employees keep performing better and better (not saying that ASA is not) in an unexpected way and Inc had to raise the bar and change the payouts or they would be paying max bonus all the time. That is something to be proud of. We earned our bonus and I dont care if it is the highest or the lowest comparing to others. I did not get close to what others get at Skywest. Do I feel bad about it? hell no, I am happy for them. Well done:)
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Originally Posted by John Pennekamp
(Post 657820)
Oh, I get it. We're "lucky" that SkyWest scooped us up. Ok, bud, keep drinking that SGU Kool Aid. I have more time in this industry than you have inside the marker, and I don't need your "encouragement" to know what's going on. Yeah, it's nice to have a bonus, and SkyWest has cleaned this place up, but we at ASA are sick and tired of seeing SkyWest Airlines get all the glory. We furlough while you expand in our only hub. Our parent company posts impressive profits, yet your share is twice ours. We fight 5 years for a raise, and your management simply matches it.
Let me know when you pull your head out and get the big picture. ASA is a second class citizen in the SKW family. And no, we never asked to be part of it. What you don't seem to understand is that when this pilot group gets ****ed off enough and burns the place down (new contract in 16 months) we'll take you guys down with us. Lets keep it real. We got the lines reduces by 50% from the top in ATL. For Agust the FO lines in ATL for Skyw are down to 11 (22 is the most lines we had in ATL). Profit Share? If our share is twice it is because our earn was twice your for the company. I am sure we only get bonus for our part of the profit. Matches the raise? They stil pay you guys a bit more. So you expect our parent company to go out buy another company with the money we made for them and then pay the "new guys" more than they pay us? Sure they had to match it as much as possible. Burn down the place? Well then you probably would end at the same spot....... as if Skywest Inc never bought ASA. |
Reasonable post, but doesn't dispute the fact that SkyWest IS the favored child.
Originally Posted by John Pennekamp
(Post 657931)
Try this one on for size... the higher payouts on the SKW side are bribe money to keep the unions out. Ya think?
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Originally Posted by John Pennekamp
(Post 657931)
Try this one on for size... the higher payouts on the SKW side are bribe money to keep the unions out. Ya think?
The only reason why we made high bonuses is that every time the company makes it more difficult for us to achive higher bonus we prove them we can do it. Wait until they tell you guys something like "Eh everyone out there is performing so well at other companies so we have to raise the bar for you guys and cut your bonus in half if you perform the same the next quarter":rolleyes: |
Originally Posted by John Pennekamp
(Post 657930)
Reasonable post, but doesn't dispute the fact that SkyWest IS the favored child.
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Lets see as far as I have seen $0 and an ankle grabbing session at Compost.
Perhaps that is just another reason why the crews here are sick and tired of carrying this sh!tty place. Min days off, schedules are getting worse and every month we lose more and more flying that we are supposed to do. That is our managements plan to get reserve numbers up vs hiring more people. No wonder why Indy lasted such a short time, it was the same idiots there that are here! |
Originally Posted by John Pennekamp
(Post 657931)
Try this one on for size... the higher payouts on the SKW side are bribe money to keep the unions out. Ya think?
I wouldn't call it bribe money but I do call it the price of doing business for 37+ years as a non-union. Remember I'm pro-labor but that doesn't mean I don't respect what Jerry and friends have created. SKW pilots drink a lot of Kool-Aid and one day that might bite them but as for now, bottoms up my friends. None the less my pilot group voted down ALPA so I'm along for the SAPA ride and I'll support them as much as I can. |
Originally Posted by HermannGraf
(Post 657729)
:eek: Like when ASA had to cancel 200+ flights and SKYW INC had to send every available 200 they had at Skyw airlines to save as much as possible?? It just took the result down by 14 to 20 mill for that quarter......but hell that does not count does it.........
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines" :rolleyes: When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years)............. Believe me when I say that the return on the 500+ mill has not been much yet.......... and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again......... By the way, what about investing in the human capital that is SKW pilots instead of just buying or attempting to buy airlines? Just as SWA has made capital investments in their employees and seen its return on that investment, Im positive SKW pilots would do so as well. |
Originally Posted by John Pennekamp
(Post 657308)
And once again, the redheaded, redneck stepchildren at ASA got the shaft...
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