Search

Notices

Spirit of NKS

Thread Tools
 
Search this Thread
 
Old 11-17-2014 | 09:47 AM
  #8821  
Gets Weekends Off
 
Joined: Aug 2011
Posts: 279
Likes: 0
Default

Originally Posted by Patroni
So cool, you guys must be cashing in on stock you got from ESOP....Congratulations....you guys deserve it!!!
Nomination for TOTD.... I take it you didn't get hired here..
Old 11-17-2014 | 10:45 AM
  #8822  
Thread Starter
Banned
 
Joined: Oct 2008
Posts: 1,857
Likes: 0
Default

Originally Posted by Patroni
So cool, you guys must be cashing in on stock you got from ESOP....Congratulations....you guys deserve it!!!
FNG on APC, and probably a FNG at a commuter and throwing grenades so close to his baalls, careful there Timmy you may castrate yourself!
Old 11-17-2014 | 12:33 PM
  #8823  
Banned
 
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
Default

Troll or not, it's going to kind of suck when all of our pals at other majors are getting a big fat profit sharing check and we get nada.
Old 11-17-2014 | 02:09 PM
  #8824  
Gets Weekends Off
 
Joined: Dec 2009
Posts: 2,385
Likes: 0
From: Airplane
Default

Well, I'm expecting to see profit sharing as part of the contract.
Old 11-17-2014 | 02:18 PM
  #8825  
Plane Ramrod's Avatar
Gets Weekends Off
 
Joined: Jun 2010
Posts: 1,577
Likes: 0
Default

Right on cue gentleman, thank you.
Old 11-17-2014 | 02:19 PM
  #8826  
Plane Ramrod's Avatar
Gets Weekends Off
 
Joined: Jun 2010
Posts: 1,577
Likes: 0
Default

Originally Posted by Lobaeux
Well, I'm expecting to see profit sharing as part of the contract.

What's that growth rate going to look like in 2020 when we get another TA?
Old 11-17-2014 | 02:31 PM
  #8827  
Gets Weekends Off
 
Joined: Dec 2009
Posts: 2,385
Likes: 0
From: Airplane
Default

Well, if you go by BBB's own words, "We're 1% of the traffic today. If we triple the size of the airline as we plan to do, we'll be 3% of the traffic. You tell me what percent of the traveling public cares about price above all else. I think it's a lot more than 3%. I don't know if it's 50%, 40%, maybe it's 80%. But it's way more than 3%. We have no demand problem when we have the lowest price." -WSJ

Will we grow to be more than 3% of the traffic in the US by the time our next contract is amendable? I certainly think so. Look at Ryanair and how much traffic they've got in Europe.

"RyanAir, EasyJet and other low-cost carriers make up nearly 20 percent of air traffic in Europe. Spirit, Frontier, and Allegiant Air only make up around 4 percent of total air traffic in the U.S., but it's certainly growing." - WSBTV
Old 11-17-2014 | 02:39 PM
  #8828  
Plane Ramrod's Avatar
Gets Weekends Off
 
Joined: Jun 2010
Posts: 1,577
Likes: 0
Default

Originally Posted by Lobaeux
Well, if you go by BBB's own words, "We're 1% of the traffic today. If we triple the size of the airline as we plan to do, we'll be 3% of the traffic. You tell me what percent of the traveling public cares about price above all else. I think it's a lot more than 3%. I don't know if it's 50%, 40%, maybe it's 80%. But it's way more than 3%. We have no demand problem when we have the lowest price." -WSJ

Will we grow to be more than 3% of the traffic in the US by the time our next contract is amendable? I certainly think so. Look at Ryanair and how much traffic they've got in Europe.

"RyanAir, EasyJet and other low-cost carriers make up nearly 20 percent of air traffic in Europe. Spirit, Frontier, and Allegiant Air only make up around 4 percent of total air traffic in the U.S., but it's certainly growing." - WSBTV
Ok, then as of today, we missed out on 500% share price appreciation. What's that going to look like in 2020? Also, the same brain-trust that brought you "this place will never IPO" just months before they.... IPO'd, are the people you are counting on now.
Old 11-17-2014 | 02:50 PM
  #8829  
Gets Weekends Off
 
Joined: Dec 2009
Posts: 2,385
Likes: 0
From: Airplane
Default

Originally Posted by Plane Ramrod
Ok, then as of today, we missed out on 500% share price appreciation. What's that going to look like in 2020? Also, the same brain-trust that brought you "this place will never IPO" just months before they.... IPO'd, are the people you are counting on now.
Just my opinion, $SAVE will split and stick around current share price or lower, just on principle, but that's an aside.

The IPO argument, well, the argument against an IPO is damning for those who negotiated the last contract. The simple fact they didn't understand the IPO process says they know little of corporate economics.
I'm not relying on anybody, BUT the pilot group to tell the negotiators what to negotiate. What they bring to the pilot group is what we'll vote on. BUT, no one here is going to fall for the "this is the best we can get argument, better vote for it" again. Especially not in this current economic climate.
Old 11-17-2014 | 04:41 PM
  #8830  
Banned
 
Joined: Dec 2005
Posts: 9,347
Likes: 329
Default

Originally Posted by JoeyMeatballs
Troll or not, it's going to kind of suck when all of our pals at other majors are getting a big fat profit sharing check and we get nada.
To be fair, you do get conflict bidding / line schedules. Every other major airline has switched to PBS and don't get to score on the month-month transition conflicts and vacation conflicts. That's one big thing you have that others don't.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
cs757200
Major
11
08-27-2011 11:55 AM
Splanky
Major
7
05-16-2009 06:13 PM
shiftwork
Major
440
03-18-2009 05:05 PM
DWN3GRN
Major
16
09-02-2008 04:11 PM
A320Flyer
Major
5
09-02-2008 04:05 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices