Spirit of NKS
Getting Out
Joined APC: Jan 2010
Position: A320
Posts: 63
Do we (spirit) have ZED or ID90 / nor rev agreements with Delta?
Gets Weekends Off
Joined APC: Apr 2015
Position: A320 Left
Posts: 134
Im on the side of common sense.
How can you possibly say that wealth has nothing to do with a profitable operation anymore when the profitable operation is the direct cause by which the stock rises and creates said wealth.
Right or wrong, have a look at a 9-10% stock decline 48 hours ago, that had everything to do with current and near future profitability of the operation. Even labor negotiations, unless they go to some really extreme measure, are just a blip on the radar compared to the financial sheet when putting a value on a stock when having a look at the macro level. If the opposite was true airlines such as US Airways would have been worth 50c per share and not buying up far larger carriers.
This does not go only for Spirit, but every OA as well.
How can you possibly say that wealth has nothing to do with a profitable operation anymore when the profitable operation is the direct cause by which the stock rises and creates said wealth.
Right or wrong, have a look at a 9-10% stock decline 48 hours ago, that had everything to do with current and near future profitability of the operation. Even labor negotiations, unless they go to some really extreme measure, are just a blip on the radar compared to the financial sheet when putting a value on a stock when having a look at the macro level. If the opposite was true airlines such as US Airways would have been worth 50c per share and not buying up far larger carriers.
This does not go only for Spirit, but every OA as well.
Those are your words.
Here's what I said, "
Originally Posted by GeauxPro
If a Spirit pilot values his/her investment in Spirit stock, he/she must realize that the moves BBB takes to keep the stock overvalued are in direct conflict with our expectations of making higher wages as a Spirit pilot.
There was a time in the world when business managed themselves for profitable operations. If their management was basically intelligent and honest, they managed themselves for profits in the long term.
That time is past. Wealth is created now with increases in stock valuation, not in running a profitable operation. BBB will do what he has to keep the stock value up. Our best hope of a pay raise will be when the participants on these investor calls get scared of labor unrest."
There was a time in the world when business managed themselves for profitable operations. If their management was basically intelligent and honest, they managed themselves for profits in the long term.
That time is past. Wealth is created now with increases in stock valuation, not in running a profitable operation. BBB will do what he has to keep the stock value up. Our best hope of a pay raise will be when the participants on these investor calls get scared of labor unrest."
This creates a short term myopia in managers, and results in short term profit at the expense of long term viability. Good, loyal employees get shafted (google up Disney and IT workers) so that the short term looks good for Wall Street.
Investors love the present Presidential Administration, workers haven't faired nearly so well. Wall Street is up, investors are making bank, and our country is falling apart at the seams because the average working man can't make a living. When Workforce participation is at a post WW2 low and the market is on a seven year rise, something is WRONG!
And we did it to ourselves as we put our money into the market and then demanded instant sustainable gains.
Aero Crew Solutions has created a FREE pilot hiring magazine called Aero Crew News. Every month we try to spotlight a major airline and a regional airline. Spirit Airlines and SkyWest Airlines are our spotlight airlines for the month of May. We conducted an in-depth interview with the Spirit VP of Flight Operations.
To read the magazine articles visit: www.aerocrewnews.com/ You can also subscribe to the magazine if you wish.
To read the magazine articles visit: www.aerocrewnews.com/ You can also subscribe to the magazine if you wish.
ok, I'm going to settle this profit war with a little Dimitri Martin.
Turns out there was a revision to one of the DCA charts that would crash the Jepp app if viewed. If you tried to restart the app, it'd automatically try to view the last plate loaded (which was the one that caused the crash), and it would crash again.
Gets Weekends Off
Joined APC: Dec 2009
Position: Airplane
Posts: 2,385
I'm not sure if American also uses ForeFlight in conjunction with Jepp, just for cases like this.
I feel very confident in our EFB procedures!
Gets Weekends Off
Joined APC: Jan 2008
Position: 319/320/321...whatever it takes.
Posts: 492
I was reading about the DCA chart that caused the error. In the settings, there is a way to reset everything, they could've used that to get out of the plate view they were in.
I'm not sure if American also uses ForeFlight in conjunction with Jepp, just for cases like this.
I feel very confident in our EFB procedures!
I'm not sure if American also uses ForeFlight in conjunction with Jepp, just for cases like this.
I feel very confident in our EFB procedures!
Line Holder
Joined APC: Jan 2015
Posts: 57
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