Voting is open
09-21-2020 | 12:50 PM
#51
Gets Weekends Off
Joined: May 2009
Posts: 3,076
Likes: 3
From: The GF of FUPM
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.
09-21-2020 | 01:12 PM
#52
Gets Weekends Off
Joined: May 2006
Posts: 1,246
Likes: 0
From: WB Bunkie
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.
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.
09-21-2020 | 03:50 PM
#54
Banned
Joined: Mar 2009
Posts: 798
Likes: 0
From: 757 Capt
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.
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
09-21-2020 | 05:44 PM
#55
Thread Starter
Gets Weekends Off
Joined: Aug 2013
Posts: 447
Likes: 0
From: non reclining seat
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'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
09-21-2020 | 05:48 PM
#56
Thread Starter
Gets Weekends Off
Joined: Aug 2013
Posts: 447
Likes: 0
From: non reclining seat
Just need to check on the bennies first...Would hate to give up that cush first class DH at time of booking..
09-21-2020 | 06:33 PM
#57
Line Holder
Joined: Feb 2020
Posts: 98
Likes: 0
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.
09-21-2020 | 07:36 PM
#59
On Reserve
Joined: Sep 2020
Posts: 10
Likes: 0
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.
09-21-2020 | 07:39 PM
#60
Thread Starter
Gets Weekends Off
Joined: Aug 2013
Posts: 447
Likes: 0
From: non reclining seat
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...
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