Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   United (https://www.airlinepilotforums.com/united/)
-   -   Voting is open (https://www.airlinepilotforums.com/united/131149-voting-open.html)

oldmako 09-21-2020 12:50 PM


Originally Posted by duvie (Post 3133241)
OK… Maybe I missed your point, but can you name me a CEO of a fortune 500 company who is gambling with his/her own money?

Not to mention, I have a job at United in 10 years. Scott Kirby’s next CEO job very much depends on how this goes

Kirby will never need another job. He will have tens of millions of dollars in the bank and in UAL stock. If his ego demands one, he can go fetch another. Ten bucks says that if this deal is voted IN, he will be able to name his price anywhere that has a unionized workforce.

duvie 09-21-2020 01:12 PM


Originally Posted by oldmako (Post 3133402)
Kirby will never need another job. He will have tens of millions of dollars in the bank and in UAL stock. If his ego demands one, he can go fetch another. Ten bucks says that if this deal is voted IN, he will be able to name his price anywhere that has a unionized workforce.

Great points mako.

I’ll add, his win doesn’t necessarily portend our collective loss. I believe the union has identified an area where his agenda (not shrinking unnecessarily) aligns with ours.

oldmako 09-21-2020 01:24 PM

The union. I believe the union has identified the need for a new Master Chairman.


;)

pipe 09-21-2020 03:50 PM


Originally Posted by Hedley (Post 3133319)
If there is a recovery starting next year and our ability to react is slowed and opportunities are missed by having massive furloughs and a TX bottleneck, should the yes voters get bag tags that say don’t blame me, I voted yes? That is the gamble here. This isn’t about subsidizing pilots facing furlough, this is making a bet on the recovery and our ability to adapt. If you think that a vaccine or real recovery (>70% 2019 numbers) is years away, then vote no and let’s get busy furloughing over 1/3 of the list, have more displacements, and pray that we avoid bankruptcy. If you think that a vaccine will be available and travel restrictions lifted within the next year and that our numbers will be trending up, then vote yes. If the yes voters are wrong, and the numbers next summer are showing that recovery is years away, the company will announce massive furloughs, voiding the LOA, and we will be right we’re we would have been if this thing fails. If the no voters are wrong, we will have thousands on the street by then and our ability to react will be throttled by our ability to recall and train. If a vaccine isn’t found and this goes on for a couple of years, it’s all over anyway.

It's a business. If investors with deep pockets agree that all of the "ifs" above are reasonably likely, they will invest. Let Kirby take this hedge to private investors if he thinks it's a winning bet.
I'll give you one guess as to why he isn't driving the stock price through the roof with an announced plan to be ready to "pounce" next summer by keeping unneeded pilots. I'm confident that no sane business person would consider making this "investment".

Pipe

bottoms up 09-21-2020 05:44 PM


Originally Posted by pipe (Post 3133483)
It's a business. If investors with deep pockets agree that all of the "ifs" above are reasonably likely, they will invest. Let Kirby take this hedge to private investors if he thinks it's a winning bet.
I'll give you one guess as to why he isn't driving the stock price through the roof with an announced plan to be ready to "pounce" next summer by keeping unneeded pilots. I'm confident that no sane business person would consider making this "investment".

Pipe

I wouldn’t “Willingly” put my money on it. But it looks like a I might anyway..

bottoms up 09-21-2020 05:48 PM


Originally Posted by oldmako (Post 3133418)
The union. I believe the union has identified the need for a new Master Chairman.


;)

I believe a turnover at the LEC ranks is warranted as well in say 16 spots when available...I might have to throw my name in the hat.

Just need to check on the bennies first...Would hate to give up that cush first class DH at time of booking..

MagooFlew 09-21-2020 06:33 PM


Originally Posted by duvie (Post 3133241)
OK… Maybe I missed your point, but can you name me a CEO of a fortune 500 company who is gambling with his/her own money?

Not to mention, I have a job at United in 10 years. Scott Kirby’s next CEO job very much depends on how this goes

CEOs have driven airlines into the ground, pilfered their coffers and suffered injunctions but still continued in this industry in the past. It’s a relatively small crowd and very specific skill set. He’ll be judged not by the end result, but for the moves he made. Getting the pilots to pay for keeping his bench warm is a pretty smooth one.

ReadOnly7 09-21-2020 07:10 PM


Originally Posted by bottoms up (Post 3133251)
Ordered!! Thanks

I would laugh at you for putting a FA tag on your bag....but I’ll be furloughed, so I won’t see it.

TheGardener 09-21-2020 07:36 PM


Originally Posted by bottoms up (Post 3133542)
I believe a turnover at the LEC ranks is warranted as well in say 16 spots when available...I might have to throw my name in the hat.

Just need to check on the bennies first...Would hate to give up that cush first class DH at time of booking..

You are the leader this company needs. I am not sure why you have not pledged yet, but we have a place for you in our ranks. I am in full support of your wisdom my brother.

William Shakespear once said, " “This above all: To thine own self be true, And it must follow, as the night the day, Thou canst not then be false to any man.” (Hamlet, 1.iii, p.78)

My dear Bottoms up, please find me.

bottoms up 09-21-2020 07:39 PM


Originally Posted by ReadOnly7 (Post 3133574)
I would laugh at you for putting a FA tag on your bag....but I’ll be furloughed, so I won’t see it.

I don’t use any “crew luggage” or have anything company or airplane related on my luggage...No backpack or cute little 737 brain box thing. I prefer people to not think I’m a pilot on my commute and cover up the monkey uniform.

So if you see this tag on a Purdy neat 100lb bag with light up wheels, and a backpack or whatever that 737 bag is with 4 little dangling orange or yellow pilot Bag tags or whatever they are it isn’t me...


All times are GMT -8. The time now is 06:45 PM.


Website Copyright © 2026 MH Sub I, LLC dba Internet Brands