Quote:
Originally Posted by buddies8
so you're for shaft ejt/asa to benefit skw pilots. 50 percent is 50 percent no matter where it comes from. 50 percent reduction from wherever it comes is still 50 percent less profits. skw can stock pile pilots all it wants, all that means is that they are expecting to lose pilots in hoards. skw balance sheet wont support indefinite paying pilots to be just stock piled.
Thanks for trying to put words in my mouth, but I am not okay screwing XJET/ASA as long as SW gets more flying. I personally would've preferred one list with fences, and I didn't buy into the scare tactic that all ASA/XJET pilots wanted our west coasts bases. There is a reason that Inc is afraid of 7,000 pilots on one list.
And no a 50% reduction in airframes doesn't mean a 50% reduction in profits. If you have 100 planes that are making you 1% profit and 100 planes that are making you 8% profit, you don't lose profit if you reduce the ones making you 1% and increase the ones making you 8%. Do you need less pilots to fly 1 plane that will hold as many passengers as 2? Yes, but attrition is taking care of that issue. SW lost about 500 pilots in 2015 and I heard XJET/ASA was way more. Yes stockpiling pilots won't work for the long term, which tells me something is in the works.
My earlier comment was only to point out that if you had a choice between SW and Republic, it would be wise to choose SW based on management savvy alone. SW has a smart management team. If fact, they are so smart that they continually convince the pilots that they don't need a true contract. Every sub par pay package that SAPA pushes on this group shows me how smart management is. BB on the other hand just sends out emails to his pilot group telling them they don't need more money, they just need to be more wise on what they spend it on.
Quote:
Originally Posted by cf105
Doesn't matter which of their 3 airlines is profitable or not, overall, it seems that things are not that hunky dory since they have to cut down up to 50% of their fleet and sacrifice/lay off pilots who go along with it, whatever certificate is on the hat, in order to make profit. Doesn't matter if it's SKW, ASA or Xjets, it's all the same group. Killing my sick cow and keeping my 2 healthy ones, doest make me a good farmer, I somehow didn't manage to keep the 3 of them healthy. Just delaying the infection to the other 2. Not a very positive outlook.
Again, I don't agree with it but when ASA/XJET couldn't come to an agreement, SW Inc simply said they wouldn't bid for any new flying without rates. We were threatened with the same thing on our last pay package. "There is flying out there, we just need to be competitive to get it" I didn't buy it and voted no, but 67% of our pilot group thought it was the best they could do.
However, it I was looking at a sick cow that had lost 85% of its stock value and was telling it business partners that it needed to restructure it's contracts to stay in business... Or a sick cow that was getting rid of unprofitable flying and had 100 airplanes on order that were profitable, I know which one I would choose. And the point was and will always be that SW Inc is dropping airframes. SW Airlines is adding flying and hiring like mad. Republic is closing bases like DEN. If I had the choice between the two and only those two, it would be an easy call.