Spirit of NKS, Part II
01-25-2016 | 05:16 AM
#3131
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Joined: Oct 2010
Posts: 1,499
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THIS. So much this. The crew that created this B scale version 2.0 is probably not that interested in fighting hard to fix it ESPECIALLY if it means not getting IA at the top of scale where they all are.
01-25-2016 | 05:27 AM
#3132
Banned
Joined: Sep 2015
Posts: 568
Likes: 0
From: A320
I still say if we are trading transition it better be for 6 hour min day, 3.5-1 duty rig, 15/16 days off min for line and reserve holders.. Work rules for work rules..
01-25-2016 | 06:04 AM
#3133
Gets Weekends Off
Joined: Aug 2013
Posts: 316
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Second of all, NK 2015 fourth quarter earnings report isn't available yet.
Third, I believe you're comparing DL net margins to NK operating margins.
Fourth, if you're going to use a profit metric to justify compensation. 3rd quarter 2015, DL had an operating income of 2.2B/12,900 pilots. UA 1.9B/12500 SWA 1.2B/7900 NK 157M/1300 Allegiant 77M/657 VA 74M/630.
One can argue for third quarter 2015, DAL generates 171K/pilot, UA 152K, SWA 152K, NK 121K, ALGT 117K, VA 117K.
Food for thought.
01-25-2016 | 06:19 AM
#3134
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Joined: Oct 2010
Posts: 1,499
Likes: 0
First of all, profit margin in itself when used in your context is entirely meaningless. 10 dudes in an airbus fly by night start up with an 50% margin does not entitle each pilot to 500K/yr.
Second of all, NK 2015 fourth quarter earnings report isn't available yet.
Third, I believe you're comparing DL net margins to NK operating margins.
Fourth, if you're going to use a profit metric to justify compensation. 3rd quarter 2015, DL had an operating income of 2.2B/12,900 pilots. UA 1.9B/12500 SWA 1.2B/7900 NK 157M/1300 Allegiant 77M/657 VA 74M/630.
One can argue for third quarter 2015, DAL generates 171K/pilot, UA 152K, SWA 152K, NK 121K, ALGT 117K, VA 117K.
Food for thought.
Second of all, NK 2015 fourth quarter earnings report isn't available yet.
Third, I believe you're comparing DL net margins to NK operating margins.
Fourth, if you're going to use a profit metric to justify compensation. 3rd quarter 2015, DL had an operating income of 2.2B/12,900 pilots. UA 1.9B/12500 SWA 1.2B/7900 NK 157M/1300 Allegiant 77M/657 VA 74M/630.
One can argue for third quarter 2015, DAL generates 171K/pilot, UA 152K, SWA 152K, NK 121K, ALGT 117K, VA 117K.
Food for thought.
The greater point being made is that if you just look at pay rates nk pilots don't even seem to be in the same profession as other pilots.
I bet we'd pass a TA that was in the neighborhood, nay, zip code, nay, planet as those guys.
01-25-2016 | 06:22 AM
#3135
Line Holder
Joined: May 2015
Posts: 487
Likes: 24
Ceo pay
Just the facts....
Our new CEO has a base salary of $550,000. And he received a $30,000 bonus.
Gary Kelly has a base salary of $675,000 and received a bonus over 200,000.
Both have restricted stock options with vesting periods. The sources are our very own spirit website 8K filing and Bloomberg business respectively..
Point being those of you who equate our salary to the CEOs salary are crazy. The 2 have very little to do with each other in reality... By your own argument if it is, since our CEO makes less than southwest you must be surely recommending me make less than southwest pilots correct? Since in your mind they are tied together?
We deserve southwest pay for many many reasons, CEO pay not being a reason at all.
Our new CEO has a base salary of $550,000. And he received a $30,000 bonus.
Gary Kelly has a base salary of $675,000 and received a bonus over 200,000.
Both have restricted stock options with vesting periods. The sources are our very own spirit website 8K filing and Bloomberg business respectively..
Point being those of you who equate our salary to the CEOs salary are crazy. The 2 have very little to do with each other in reality... By your own argument if it is, since our CEO makes less than southwest you must be surely recommending me make less than southwest pilots correct? Since in your mind they are tied together?
We deserve southwest pay for many many reasons, CEO pay not being a reason at all.
01-25-2016 | 06:27 AM
#3136
Line Holder
Joined: Sep 2014
Posts: 1,690
Likes: 20
From: 60’s Tech, Right
First of all, profit margin in itself when used in your context is entirely meaningless. 10 dudes in an airbus fly by night start up with an 50% margin does not entitle each pilot to 500K/yr.
Second of all, NK 2015 fourth quarter earnings report isn't available yet.
Third, I believe you're comparing DL net margins to NK operating margins.
Fourth, if you're going to use a profit metric to justify compensation. 3rd quarter 2015, DL had an operating income of 2.2B/12,900 pilots. UA 1.9B/12500 SWA 1.2B/7900 NK 157M/1300 Allegiant 77M/657 VA 74M/630.
One can argue for third quarter 2015, DAL generates 171K/pilot, UA 152K, SWA 152K, NK 121K, ALGT 117K, VA 117K.
Food for thought.
Second of all, NK 2015 fourth quarter earnings report isn't available yet.
Third, I believe you're comparing DL net margins to NK operating margins.
Fourth, if you're going to use a profit metric to justify compensation. 3rd quarter 2015, DL had an operating income of 2.2B/12,900 pilots. UA 1.9B/12500 SWA 1.2B/7900 NK 157M/1300 Allegiant 77M/657 VA 74M/630.
One can argue for third quarter 2015, DAL generates 171K/pilot, UA 152K, SWA 152K, NK 121K, ALGT 117K, VA 117K.
Food for thought.
01-25-2016 | 06:30 AM
#3137
Gets Weekends Off
Joined: Aug 2013
Posts: 316
Likes: 0
And DL very similar to UA and AA.
01-25-2016 | 06:35 AM
#3138
Gets Weekends Off
Joined: Aug 2013
Posts: 316
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Though profit generated/pilot is very similar. But yes, it ought to be at a minimum VA pay, though through pattern bargaining, it should be more.
01-25-2016 | 06:45 AM
#3139
Gets Weekends Off
Joined: Dec 2005
Posts: 9,347
Likes: 329
Cause there's not much else to do when you're sitting at home in ya underwears ordering Little Cesar's and drinking the Capri Suns that ya motha brings up to you. Either that or he's some kid sitting in a crew room with his face buried in APC while all the other normal human beings either nap or interact with each other.
Because it's still APC. Not SPC.
01-25-2016 | 06:47 AM
#3140
Line Holder
Joined: Sep 2014
Posts: 1,690
Likes: 20
From: 60’s Tech, Right
Oh I definitely agree we should make more. I was just pointing out that those who cite scale size of airlines as a justification for not making legacy level pay often neglect the fact that we're 20% larger than VA, earn more money and are more profitable, yet we make 25-30% less than they do.... How does that make sense? (Rhetorical question.)
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