You are absolutely correct!!! You have to walk, I never said anything to the contrary. All I’m saying is that going into a room and demanding things from the Company is not going to be very productive. You have to find ways to let them see that this will benefit them as well. Also, giving things up in the contract for pennies on the dollar is unacceptable!!!

 

As I said to an earlier poster, the problem is people keep merging these two concepts. This is not negotiating as seen on TV. There is no fist banging on the table, there is no calling of names of people in the room, there is no anger (in the room). You strategize, you propose, and then you get a response and there can be some discussion back and forth. At the end of the day, the negotiating committees job is the get a deal. They have marching orders and should have a good idea as to what the MEC (and ultimately the pilots) would and would not support. The negotiating committee does NOT have the power or ability to tell the company that “we will just see you on the picket line”. That is an MEC decision carried out by the SPSC committee. They are two totally separate things. During an actual cooling off period or even strike, the negotiating committee is not walking the picket line (physically), they are actively engaged with the company negotiating team trying to secure a deal. That is their job. Period.


Sent from my iPhone using Tapatalk

 

This idea that you need to give something to get something is what got us here. "NO CONCESSIONS" should be the opening line from the NC and you build it from there, pay, retirement, reserve, me too, done and it would have passed by 90%. Instead we gave up the farm for a fn tumi bag. U

 

Managing Director of Manpower Planning Zack says: From today's MP update..... "Despite the Summer Solstice having come and gone last week, and our team turning its attention to planning for Q4, we’re still very much in the thick of summer travel. We are connecting high volumes of customers to their life’s most important moments. Thank you for your frontline leadership role in executing our collective mission."

Translation: BUCKLE THE FKKK UP. Your line values are going up in the fall. More travel = more money. More profits. When is 2Q earnings report? After POS 22 contract vote? How stupid!

 

My hope is that this miserable excuse of a TA goes down hard on the 15th, and my bet is that it will be just a side note on the earnings call on the 19th. Something to the effect of “we are diligently working towards an agreement with our pilots that is industry leading”.🤣🤣🤣

 

Company wants to make more money, more profits. We either gotta buy a lot of stock in this hooker, or we need to be a well paid hooker ourselves. We are either the teet feeding the shareholder, or were sucking on the management teet.

Time to start being the cow. We are labor. We can control the supply/demand if we're just smart enough to read the company news. Big money!!! Big Earnings....I can smell a dividend check.First quarter results consistent with company guidance

Expects 10% operating margin for Q2; and to be profitable for FY22

Expects Q2 TRASM up about 17%

Business and long-haul international bookings accelerating rapidly

CHICAGO, April 20, 2022 /PRNewswire/ -- United Airlines (UAL) today reported first quarter 2022 financial results and announced it expects to return to profitability in the second quarter on a robust operating revenue outlook, including total revenue per available seat mile (TRASM) of approximately 17% over 2019, the strongest second quarter revenue guidance in company history. The company expects to be solidly profitable in the second quarter with an approximate 10% operating margin (on both a GAAP and adjusted basis1), just 2.9 points less than 2019 operating margin and 3.5 points less than 2019 adjusted operating margin, despite cost headwinds driven by the recent fuel price spike.

As the company's Pratt & Whitney-powered Boeing 777 aircraft are expected to gradually return to service, the company will continue to add back capacity based on its ability to best serve customers and will take a long-term view of profitability by not sacrificing operational reliability. The company is also seeing indications that business travel is rapidly returning and expects further improvement in international travel, including Asia.

The airline has a bullish outlook on the future – bolstered by this persistent strength of demand and the fact that it is nearing 2019 operating margins – and once again reiterated confidence in its longer term United Next targets of adjusted pre-tax margin2 of approximately 9% in 2023 and about 14% in 2026. This confidence is underpinned by the company's current expectation to report a profit for the full year 2022.

"I am proud of the United team that once again managed to overcome the challenges of the quarter and prioritized high operating reliability for our customers by gradually adding back capacity. Our team continues to do an outstanding job of caring for our customers," said United Airlines CEO Scott Kirby. "The demand environment is the strongest it's been in my 30 years in the industry – and United and its customers will benefit more than any other airline. We're now seeing clear evidence that the second quarter will be an historic inflection point for our business. It leaves me more optimistic than ever about United's future."

First Quarter Financial Results

• Reported first quarter 2022 capacity down 19% compared to first quarter 2019.

• Reported first quarter 2022 net loss of $1.4 billion, adjusted net loss3 of $1.4 billion.

• Reported first quarter 2022 total operating revenue of $7.6 billion, down 21% compared to first quarter 2019.

• Reported first quarter 2022 TRASM of down 3% compared to first quarter 2019.

• Reported first quarter 2022 Cost Per Available Seat Mile (CASM) of up 21%, and CASM-ex3 of up 18%, compared to first quarter 2019.

• Reported first quarter 2022 operating loss of $1.4 billion, adjusted operating loss3 of $1.4 billion.

• Reported first quarter 2022 fuel price of approximately $2.88 per gallon.

• Reported first quarter 2022 pre-tax margin of negative 23.2%, negative 23.2% on an adjusted3 basis.

• Reported first quarter 2022 ending available liquidity4 of $20 billion.

• Reported a decline in total debt of over $700 million.

Operational Performance

• Finished second among mainline carriers for completion for the quarter.

• Achieved best first quarter baggage handling performance in the last 6 years excluding the pandemic.

• Protected 225,000 passengers' trips with ConnectionSaver in Q1.

• Achieved the highest Net Promoter Score (NPS) for inflight satisfaction.

Key Highlights

• Officially opened the United Aviate Academy with the goal of training 5,000 new pilots by 2030. United is the only major U.S. airline to own a flight training school and the historic inaugural pilot class is 80% women or people of color.

• United Airlines Ventures and Oxy Low Carbon Ventures announced an investment in biotech firm Cemvita Factory to commercialize the production of Sustainable Aviation Fuel intended to be developed through a revolutionary new process using CO2 and synthetic microbes.
  
• Debuted free "bag drop shortcut" – a simple way for customers at United's U.S. hubs to skip the line, check their bag in a minute or less on average, and get to their flight.

Network

• Announced plans to expand service to one of the world's most popular vacation destinations by offering three nonstop flights per week, year-round, between New York/Newark and Cape Town International Airport, subject to government approval.

• Resumed 19 International routes and relaunched service to six cities not served since the beginning of the pandemic including Berlin; Edinburgh, Scotland; Grand Cayman, Cayman Islands; Porto, Portugal; Singapore; and Shannon, Ireland.

• Completed all United Polaris® lounge re-openings with the addition of San Francisco International Airport and Los Angeles International Airport.

Environmental, Social and Governance (ESG)

• U.S. President Joe Biden announced his intent to appoint United President Brett Hart to the Board of Advisors on Historically Black Colleges and Universities.

• Along with the PGA TOUR, announced that it will award 51 golf teams at Historically Black Colleges and Universities with more than half a million dollars in grants to fund travel for golf tournaments and recruiting efforts.

• The United Aviate Academy announced it aims to potentially quadruple the size of its fleet of training aircraft – adding 25 new, state-of-the-art Cirrus TRAC SR20 aircraft to its current fleet.

• Launched Ukraine relief effort to support flying workers and supplies to areas in need by giving MileagePlus® members the ability to donate cash or miles to United's humanitarian relief partners. To date, more than 31 million miles were donated and over $224,000 raised by MileagePlus members, with an additional approximately 5 million miles and $100,000 matched by United.

• Donated $50,000 to Boulder County Wildfire Relief to support those affected by Colorado wildfires.

• Led Black History Month fundraising campaign – alongside JPMorgan Chase and VISA – supporting Thurgood Marshall College Fund, Leadership Conference Education Fund; NAACP Legal Defense and Education Fund, and United Negro College Fund.

• Through a combination of cargo-only flights and passenger flights, transported approximately 274 million pounds of freight, which includes nearly 41 million pounds of vital shipments, such as medical kits, personal protective equipment, pharmaceuticals and medical equipment in Q1.

Earnings Call

UAL will hold a conference call to discuss first quarter 2022 financial results, as well as its financial and operational outlook for second quarter 2022 and beyond, on Thursday, April 21, at 9:30 a.m. CT/10:30 a.m. ET. A live, listen-only webcast of the conference call will be available at ir.united.com.

The webcast will be available for replay within 24 hours of the conference call and then archived on the website for three months.

Outlook

This press release should be read in conjunction with the company's Investor Update issued in connection with this quarterly earnings announcement, which provides additional information on the company's business outlook (including certain financial and operational guidance for the company's second quarter and full year 2022) and is furnished with this press release with the U.S. Securities and Exchange Commission on a Current Report on Form 8-K. The Investor Update is also available through the company's investor relations website at https://ir.united.com. Management will also discuss certain business outlook items during the quarterly earnings conference call.

The company's business outlook is subject to risks and uncertainties applicable to all forward-looking statements as described elsewhere in this press release. Please see the section entitled "Cautionary Statement Regarding Forward-Looking Statements."

 

I never said you had to give up anything to get anything. I did say you have to negotiate. More importantly both sides have to agree. Either side is not FORCED to agree with a proposal if they don’t feel the pressure. If United senior management says “we can’t have this deal screwing up our multi billion dollar United Next plan, go get it done whatever the cost” then you will see their negotiators agreeing to a lot more of our proposals. Conversely, if the MEC tells the negotiators that they are willing to wait until the right deal comes down the line and they don’t care how long it takes, then our negotiators are not going to be so quick to agree to some of the Company’s proposals if it doesn’t serve our better interests. This is how it works. Being a person that walks in and bangs your fist against the table and say “take this cram down or we will see you on the picket line” is not going to achieve that goal no matter what either side is willing to take.


Sent from my iPhone using Tapatalk

 

Turns out the MEC did fuq all to bring leverage to the NC. 4 years and no mediation. Time to clean house. I don't care if it takes a decade, I don't want these people touching my next contract.

 

Dido, I'll drink to that. As they say " losers take the walk" .

 

Time to recall the entire MEC and fire everyone at ALPA National.
Joe needs to be shown the door along with Mike then get a NC in there that knows how to negotiate rather than making nice while drinking coffee all day with the adversary.
Get pilots out of the business of running large beauracracies like ALPA national and install professional that will fight for our contracts and not roll over. Pilots fly airplanes they don't manage large beauracracies case in point the FAA. What a disaster that has become since headed by pilots. We will deserve every bad decision that comes our way if we do nothing.