JetBlue Gears Up for More Stock Buybacks

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Quote: They’re creeping up on $1Billion in buybacks. I’m still stymied by the fact we grew from 1999-2008 into the 5th largest airline in the US. The worst of economic times. Here we are stagnating from 2011-Present in the most favorable of economic times. My profit sharing has decreased -79% in 2017 to -98% in 2018 when compared to 2016.

How can I validate my worth as a valued employee when the company has made more net profit in 2017, 2018 respectively and compared to 2016 net profits. Culture? More like lies.

-Bubs
JetBlue grew and profited at the expense of the legacy carriers whom were caught flat footed in several ways post 9/11. Competing now head to head with fewer, healthier network carriers has proven to be more of a challenge but JetBlue is still hanging in there and is a force on the East Coast. On the pilot compensation front, more work has been done in the last few years than was done during the growth and success of the corporation. AirTran was stomped out before they got as big as you guys. Everyone is talking about what the industry will look like in 10 years. Those discussions seem to involve ”who” ties up (in some form or fashion) with JetBlue. Don’t understand all the negativity I often read here. Your airline has done more in 20 years than any other in its first 20. You should be proud of that.
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Quote: JetBlue grew and profited at the expense of the legacy carriers whom were caught flat footed in several ways post 9/11. Competing now head to head with fewer, healthier network carriers has proven to be more of a challenge but JetBlue is still hanging in there and is a force on the East Coast. On the pilot compensation front, more work has been done in the last few years than was done during the growth and success of the corporation. AirTran was stomped out before they got as big as you guys. Everyone is talking about what the industry will look like in 10 years. Those discussions seem to involve ”who” ties up (in some form or fashion) with JetBlue. Don’t understand all the negativity I often read here. Your airline has done more in 20 years than any other in its first 20. You should be proud of that.
Thank you for your thoughtful post.
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Quote: JetBlue grew and profited at the expense of the legacy carriers whom were caught flat footed in several ways post 9/11. Competing now head to head with fewer, healthier network carriers has proven to be more of a challenge but JetBlue is still hanging in there and is a force on the East Coast. On the pilot compensation front, more work has been done in the last few years than was done during the growth and success of the corporation. AirTran was stomped out before they got as big as you guys. Everyone is talking about what the industry will look like in 10 years. Those discussions seem to involve ”who” ties up (in some form or fashion) with JetBlue. Don’t understand all the negativity I often read here. Your airline has done more in 20 years than any other in its first 20. You should be proud of that.
Great perspective. Excellent post.
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Quote: JetBlue grew and profited at the expense of the legacy carriers whom were caught flat footed in several ways post 9/11. Competing now head to head with fewer, healthier network carriers has proven to be more of a challenge but JetBlue is still hanging in there and is a force on the East Coast. On the pilot compensation front, more work has been done in the last few years than was done during the growth and success of the corporation. AirTran was stomped out before they got as big as you guys. Everyone is talking about what the industry will look like in 10 years. Those discussions seem to involve ”who” ties up (in some form or fashion) with JetBlue. Don’t understand all the negativity I often read here. Your airline has done more in 20 years than any other in its first 20. You should be proud of that.
Well, it comes off at the end as I’m an ingrate and thus we have the “culture” factor. ‘I’m not proud to be at jetblue.’ Let’s examine that implied statement. Your implication is a prime driving factor of what the corporate management pushes upon the jetblue many. “Just HAPPY to be hear sir!” Stay until the last customer deplanes and say goodbye. Miss your bus or commute. The regular jetblue minion (I include pilots here) is to do more with less. We are then slapped in the face with below industry rules and redaction of profit sharing while the company logs record profits. We jump over one another to rush in and pick up extra flying when the company has planned to operate below a required staffing level. The union grieves it. Whooopdie Dooo! Guys are working on Thanksgiving and Christmas because of this HUBRIS! And yet we rush in for VDA and RSA. Culture. At jetblue you need to hustle to win. If you’re not hustling your a min runner. Your paycheck will reflect it.

How does jetblue make this profitability and great success that you also imply? Well, its on the backs of the employees. There is no jetblue without the workers. Yet, we are not treated with the respect and compensation that is deserved of going the extra million miles. I like coming to work but when I begin to be exploited by crew services and a system that sets me up for failure I become disgruntled.

The jetblue system is designed to make you work extra; going above and beyond for the same compensation. That goes for Gate Agents, bag handlers, flight attendants and pilots. Thats how they invent culture to make you feel like you’re being a great team player. Vladimir Lenin would be proud.

-Bubs
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Quote: Well, it comes off at the end as I’m an ingrate and thus we have the “culture” factor. ‘I’m not proud to be at jetblue.’ Let’s examine that implied statement. Your implication is a prime driving factor of what the corporate management pushes upon the jetblue many. “Just HAPPY to be hear sir!” Stay until the last customer deplanes and say goodbye. Miss your bus or commute. The regular jetblue minion (I include pilots here) is to do more with less. We are then slapped in the face with below industry rules and redaction of profit sharing while the company logs record profits. We jump over one another to rush in and pick up extra flying when the company has planned to operate below a required staffing level. The union grieves it. Whooopdie Dooo! Guys are working on Thanksgiving and Christmas because of this HUBRIS! And yet we rush in for VDA and RSA. Culture. At jetblue you need to hustle to win. If you’re not hustling your a min runner. Your paycheck will reflect it.

How does jetblue make this profitability and great success that you also imply? Well, its on the backs of the employees. There is no jetblue without the workers. Yet, we are not treated with the respect and compensation that is deserved of going the extra million miles. I like coming to work but when I begin to be exploited by crew services and a system that sets me up for failure I become disgruntled.

The jetblue system is designed to make you work extra; going above and beyond for the same compensation. That goes for Gate Agents, bag handlers, flight attendants and pilots. Thats how they invent culture to make you feel like you’re being a great team player. Vladimir Lenin would be proud.

-Bubs
Yeah... But think of all your profit sharing...

.002
Reply
Quote: Well, it comes off at the end as I’m an ingrate and thus we have the “culture” factor. ‘I’m not proud to be at jetblue.’ Let’s examine that implied statement. Your implication is a prime driving factor of what the corporate management pushes upon the jetblue many. “Just HAPPY to be hear sir!” Stay until the last customer deplanes and say goodbye. Miss your bus or commute. The regular jetblue minion (I include pilots here) is to do more with less. We are then slapped in the face with below industry rules and redaction of profit sharing while the company logs record profits. We jump over one another to rush in and pick up extra flying when the company has planned to operate below a required staffing level. The union grieves it. Whooopdie Dooo! Guys are working on Thanksgiving and Christmas because of this HUBRIS! And yet we rush in for VDA and RSA. Culture. At jetblue you need to hustle to win. If you’re not hustling your a min runner. Your paycheck will reflect it.

How does jetblue make this profitability and great success that you also imply? Well, its on the backs of the employees. There is no jetblue without the workers. Yet, we are not treated with the respect and compensation that is deserved of going the extra million miles. I like coming to work but when I begin to be exploited by crew services and a system that sets me up for failure I become disgruntled.

The jetblue system is designed to make you work extra; going above and beyond for the same compensation. That goes for Gate Agents, bag handlers, flight attendants and pilots. Thats how they invent culture to make you feel like you’re being a great team player. Vladimir Lenin would be proud.

-Bubs
I’m not implying anything, or at least that wasn’t my intent. In fact, I wasn’t really addressing you personally but by quoting your post I get where you are coming from.
Reply
Quote: Well, it comes off at the end as I’m an ingrate and thus we have the “culture” factor. ‘I’m not proud to be at jetblue.’ Let’s examine that implied statement. Your implication is a prime driving factor of what the corporate management pushes upon the jetblue many. “Just HAPPY to be hear sir!” Stay until the last customer deplanes and say goodbye. Miss your bus or commute. The regular jetblue minion (I include pilots here) is to do more with less. We are then slapped in the face with below industry rules and redaction of profit sharing while the company logs record profits. We jump over one another to rush in and pick up extra flying when the company has planned to operate below a required staffing level. The union grieves it. Whooopdie Dooo! Guys are working on Thanksgiving and Christmas because of this HUBRIS! And yet we rush in for VDA and RSA. Culture. At jetblue you need to hustle to win. If you’re not hustling your a min runner. Your paycheck will reflect it.

How does jetblue make this profitability and great success that you also imply? Well, its on the backs of the employees. There is no jetblue without the workers. Yet, we are not treated with the respect and compensation that is deserved of going the extra million miles. I like coming to work but when I begin to be exploited by crew services and a system that sets me up for failure I become disgruntled.

The jetblue system is designed to make you work extra; going above and beyond for the same compensation. That goes for Gate Agents, bag handlers, flight attendants and pilots. Thats how they invent culture to make you feel like you’re being a great team player. Vladimir Lenin would be proud.

-Bubs

Totally agree
Reply
Quote: JetBlue grew and profited at the expense of the legacy carriers whom were caught flat footed in several ways post 9/11. Competing now head to head with fewer, healthier network carriers has proven to be more of a challenge but JetBlue is still hanging in there and is a force on the East Coast. On the pilot compensation front, more work has been done in the last few years than was done during the growth and success of the corporation. AirTran was stomped out before they got as big as you guys. Everyone is talking about what the industry will look like in 10 years. Those discussions seem to involve ”who” ties up (in some form or fashion) with JetBlue. Don’t understand all the negativity I often read here. Your airline has done more in 20 years than any other in its first 20. You should be proud of that.
Wow, sounds like the AIRLINE is doing very well.

How's the employees profit sharing doing among all that success?
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