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Old 08-02-2025 | 04:43 PM
  #21  
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Originally Posted by Stayontarget
No it won’t
the CBA will be the first victim when they file a real ch11
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Old 08-02-2025 | 05:42 PM
  #22  
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Originally Posted by flier320
the company was in a position where no pilots wanted to come here due to an abysmal first year pay. unable to attract anyone, even those requiring sponsors. they needed to increase first year pay and the only way of doing that was signing a new contract. the hits literally came rolling in right after the contract was signed starting with the p&w groundings, and it got painfully obvious that all these new hires wasn't required, combined with no attrition, ending in 3 rounds of furloughs and downgrades. looking back now I'm pretty sure bendo regrets signing it... the company singed a contract they could not afford.
wtf… fornano said the day after the contract was signed, “ thank you for a cost neutral contract “. This gotta be a troll
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Old 08-02-2025 | 07:56 PM
  #23  
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Originally Posted by 8JRMfortheyear
wtf… fornano said the day after the contract was signed, “ thank you for a cost neutral contract “. This gotta be a troll
Salaries 2023: 1,616,803
Salaries 2022: 1,251,225

Only a cool 365.5 million dollars difference....
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Old 08-02-2025 | 11:30 PM
  #24  
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Originally Posted by flier320
the "new" contract literally bankrupted this company. guess no job is better than ****ty rates....
Originally Posted by flier320
Why would I be joking? Go look at the compensation part of the earnings report. Literally destroyed the company.
Originally Posted by flier320
The management compensation is literally a **** in the ocean
Originally Posted by flier320
Not the first ch11. The next ch11 will be, in large part, due to the pilot contract
Originally Posted by flier320
if you want delta rates, go to ****ing delta
Originally Posted by flier320
the company was in a position where no pilots wanted to come here due to an abysmal first year pay. unable to attract anyone, even those requiring sponsors. they needed to increase first year pay and the only way of doing that was signing a new contract. the hits literally came rolling in right after the contract was signed starting with the p&w groundings, and it got painfully obvious that all these new hires wasn't required, combined with no attrition, ending in 3 rounds of furloughs and downgrades. looking back now I'm pretty sure bendo regrets signing it... the company singed a contract they could not afford.
Originally Posted by flier320
the CBA will be the first victim when they file a real ch11
Originally Posted by flier320
Salaries 2023: 1,616,803
Salaries 2022: 1,251,225

Only a cool 365.5 million dollars difference....
If it was the rates, management would not have signed. They were confident they could make money with those rates. The problem is, management is inept, so instead of making a profit they furlough&fire, and then give themselves millions, because they "saved" money. It is their inability to run a profitable company that is the problem. Did you read up on "plan B', the transition they are thinking will save NK? NK will go from getting 1% of the $200-$400 per segment market to getting 20%, by changing..... nothing much. No lounge, no getting the gate agents and ground crews back on the property, no good food, no connections with other carriers. The total lack of any "management" with a vision is what is killing NK. And even the day to day running is a total disaster. I spend 12 years writing emails to fuelburn@nk and nothing got better. Don't get me wrong, I really enjoyed my job, the people I flew with, but I always saw the gaping holes management made as opposed to fixed. You sound like you blame the pilots for the failure of management. Like you say, Delta can pay more than NK. Maybe question why, and remember NK management gets the same as Delta management....
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Old 08-03-2025 | 04:59 AM
  #25  
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Originally Posted by symbian simian
If it was the rates, management would not have signed. They were confident they could make money with those rates. The problem is, management is inept, so instead of making a profit they furlough&fire, and then give themselves millions, because they "saved" money. It is their inability to run a profitable company that is the problem. Did you read up on "plan B', the transition they are thinking will save NK? NK will go from getting 1% of the $200-$400 per segment market to getting 20%, by changing..... nothing much. No lounge, no getting the gate agents and ground crews back on the property, no good food, no connections with other carriers. The total lack of any "management" with a vision is what is killing NK. And even the day to day running is a total disaster. I spend 12 years writing emails to fuelburn@nk and nothing got better. Don't get me wrong, I really enjoyed my job, the people I flew with, but I always saw the gaping holes management made as opposed to fixed. You sound like you blame the pilots for the failure of management. Like you say, Delta can pay more than NK. Maybe question why, and remember NK management gets the same as Delta management....
They signed because they needed to for recruitment reasons ONLY. If not, we would've been in frontiers situation right now with management stalling a new contract.

The furloughs saves the company about 38.7 million, not counting the downgrades. And they issued themselves approx 10% each of that in bonuses. Classy, that's how corporate america works.

With our customer group literally bankrupted by bidens inflation I don't know how the company will ever make money again. The brand is so tainted the only thing that might work is a total rebranding, but no money for that

Management compensation the same at delta? Lol? Delta ceo $27M, Delta cfo $8M.
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Old 08-03-2025 | 07:41 AM
  #26  
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Originally Posted by flier320
They signed because they needed to for recruitment reasons ONLY. If not, we would've been in frontiers situation right now with management stalling a new contract.

The furloughs saves the company about 38.7 million, not counting the downgrades. And they issued themselves approx 10% each of that in bonuses. Classy, that's how corporate america works.

With our customer group literally bankrupted by bidens inflation I don't know how the company will ever make money again. The brand is so tainted the only thing that might work is a total rebranding, but no money for that

Management compensation the same at delta? Lol? Delta ceo $27M, Delta cfo $8M.
Yeah. No. NK (and F9) outsourced everything to the cheapest bidder. We were always waiting for ground crews and jetway drivers. Air was never connected so we left the APU running 24/7. Customer service was horrible. But it was fine , because in Baldanza's own words:"We will never run out of passengers to p!$$ off"". And then the legacies started competing with basic economy and we had zero to offer, so we had to reduce the price and lost money on every passenger. That is what happened. But go ahead, blame Biden.
Both CEOs have basepay of less than a million. Ed made more because he ran a bigger company beter. Giving a bonus for"saving money " by shrinking should not be ok in a growth driven country.

Last edited by symbian simian; 08-03-2025 at 07:58 AM.
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Old 08-03-2025 | 08:22 AM
  #27  
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Originally Posted by flier320
They signed because they needed to for recruitment reasons ONLY. If not, we would've been in frontiers situation right now with management stalling a new contract.

The furloughs saves the company about 38.7 million, not counting the downgrades. And they issued themselves approx 10% each of that in bonuses. Classy, that's how corporate america works.

With our customer group literally bankrupted by bidens inflation I don't know how the company will ever make money again. The brand is so tainted the only thing that might work is a total rebranding, but no money for that

Management compensation the same at delta? Lol? Delta ceo $27M, Delta cfo $8M.
If youre worried the pilot contract will bankrupt the company I guess you can always donate your pay back to the C suite.

This guy's posts all but guarantee the company is coming for your contract. They always plant a few people aroung to start to soften the will.
dont listen to them. No pilot contract has ever bankrupted an airline in history.
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Old 08-03-2025 | 09:02 AM
  #28  
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Originally Posted by symbian simian
Yeah. No. NK (and F9) outsourced everything to the cheapest bidder. We were always waiting for ground crews and jetway drivers. Air was never connected so we left the APU running 24/7. Customer service was horrible. But it was fine , because in Baldanza's own words:"We will never run out of passengers to p!$$ off"". And then the legacies started competing with basic economy and we had zero to offer, so we had to reduce the price and lost money on every passenger. That is what happened. But go ahead, blame Biden.
Both CEOs have basepay of less than a million. Ed made more because he ran a bigger company beter. Giving a bonus for"saving money " by shrinking should not be ok in a growth driven country.
I was ok because the economy was good enough that the poors still had disposable cash. Not anymore....
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Old 08-03-2025 | 09:33 AM
  #29  
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Originally Posted by hoover
If youre worried the pilot contract will bankrupt the company I guess you can always donate your pay back to the C suite.

This guy's posts all but guarantee the company is coming for your contract. They always plant a few people aroung to start to soften the will.
dont listen to them. No pilot contract has ever bankrupted an airline in history.
I mean.... I could just leave?
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Old 08-03-2025 | 10:10 AM
  #30  
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Originally Posted by flier320
I was ok because the economy was good enough that the poors still had disposable cash. Not anymore....
The “poors” fly on the legacy’s now with their basic economy product and actual customer service.
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