UAL Q3 Earnings
10-16-2024 | 02:09 PM
#31
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Joined: Apr 2020
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From: AOG
Unlike some pilots, I support my FAs. I value their contributions and their work towards our companies bottomline. Along with gate agents and CSRs who are customer facing, it's important to ensure that morale doesn't drop too low. They have a difficult job and they aren't well compensated for it. The need some QOL some improvement to their work rules based on how the company treats them as well... The things I've seen that they deal with sometimes is damn near criminal...
10-16-2024 | 04:02 PM
#33
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Joined: Sep 2020
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From the earnings call this morning:
"On the other end of the spectrum, basic economy remains an important product with volumes up 21% year-over-year."
"The gauge increase from the narrowbodies, that's frankly what's driving our ability to provide basic economy, which is creating a competitive dynamic that is just fundamentally reshaping the industry."
They also said to expect another $1B in profit in Q4 which would be unhead of. They said Basic Economy is a massive revenue stream and they expect it to grow as we keep upgauging planes.
They also said we'd get 20 more planes delivered in Q4 including, finally, 787s.
"On the other end of the spectrum, basic economy remains an important product with volumes up 21% year-over-year."
"The gauge increase from the narrowbodies, that's frankly what's driving our ability to provide basic economy, which is creating a competitive dynamic that is just fundamentally reshaping the industry."
They also said to expect another $1B in profit in Q4 which would be unhead of. They said Basic Economy is a massive revenue stream and they expect it to grow as we keep upgauging planes.
They also said we'd get 20 more planes delivered in Q4 including, finally, 787s.
10-16-2024 | 09:01 PM
#35
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Joined: Nov 2009
Posts: 5,510
Likes: 110
Unlike some pilots, I support my FAs. I value their contributions and their work towards our companies bottomline. Along with gate agents and CSRs who are customer facing, it's important to ensure that morale doesn't drop too low. They have a difficult job and they aren't well compensated for it. The need some QOL some improvement to their work rules based on how the company treats them as well... The things I've seen that they deal with sometimes is damn near criminal...
Based on what I’ve seen, and talking to FAs, 49% of them won’t be happy. It looks like a huge lift for even the AFA to get them to 51%.
10-16-2024 | 09:09 PM
#36
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Joined: Jul 2013
Posts: 5,237
Likes: 67
The FAs are their own worst enemy. We had an hour bus ride to the airport the other day, dozen or so FAs. We (pilots) asked them what it is they’re looking for in a contract and it was like rolling a grenade into a room. They went at EACH OTHER for the rest of the bus ride. For a solid hour they all told each other why what they wanted was the most important and why what everyone else wants is dumb. They are so fractured, I have no idea how you’re supposed to negotiate for a group who can’t even agree amongst themselves.
10-17-2024 | 03:42 AM
#37
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Joined: Aug 2020
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Likes: 123
The FAs are their own worst enemy. We had an hour bus ride to the airport the other day, dozen or so FAs. We (pilots) asked them what it is they’re looking for in a contract and it was like rolling a grenade into a room. They went at EACH OTHER for the rest of the bus ride. For a solid hour they all told each other why what they wanted was the most important and why what everyone else wants is dumb. They are so fractured, I have no idea how you’re supposed to negotiate for a group who can’t even agree amongst themselves.
10-17-2024 | 04:37 AM
#38
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Joined: Apr 2015
Posts: 2,923
Likes: 95
The FAs are their own worst enemy. We had an hour bus ride to the airport the other day, dozen or so FAs. We (pilots) asked them what it is they’re looking for in a contract and it was like rolling a grenade into a room. They went at EACH OTHER for the rest of the bus ride. For a solid hour they all told each other why what they wanted was the most important and why what everyone else wants is dumb. They are so fractured, I have no idea how you’re supposed to negotiate for a group who can’t even agree amongst themselves.
Based on what I’ve seen, and talking to FAs, 49% of them won’t be happy. It looks like a huge lift for even the AFA to get them to 51%.
Based on what I’ve seen, and talking to FAs, 49% of them won’t be happy. It looks like a huge lift for even the AFA to get them to 51%.
10-17-2024 | 05:46 AM
#39
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Joined: Oct 2022
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10-17-2024 | 06:22 AM
#40
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Joined: Jan 2011
Posts: 949
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This and the above is why I try not to be in/around any discussions about it. It helps that I'm never at work🤘
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