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$640M 4Q UAL loss - profit sharing?

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$640M 4Q UAL loss - profit sharing?

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Old 01-24-2013, 08:55 PM
  #21  
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Originally Posted by jsled View Post
Even if you take out specials, we made 589M to DAL's 1.6B in 2012. That is one he11 of a gap! On the conference call, John Rainey noted we were 2 years behind DAL in merger synergies, but would not say if he thought we could close THAT gap. Sad.

Sled
Not to defend Jeff's performance, because it's pathetic, but it would be tough to compare 2010 financials to 2012 financials in any meaningful way. Even DAL struggled in the 4th Q this year and just barely eeked out a profit.
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Old 01-25-2013, 01:47 AM
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Originally Posted by gettinbumped View Post
Not to defend Jeff's performance, because it's pathetic, but it would be tough to compare 2010 financials to 2012 financials in any meaningful way. Even DAL struggled in the 4th Q this year and just barely eeked out a profit.
But Delta didn't drive away their high value customers en masse during the summer of 2012 like we did. Smizek says they are coming back but the jury is still out.
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Old 01-25-2013, 02:32 AM
  #23  
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Originally Posted by JMD16 View Post
Not sure how that can be true. Per the Transition agreement when a pilot is offered a position at CO they can accept or decline. If they decline they will not be contacted again unless they give 30 days notice they want to enter the process again.
I have no clue what he meant by that, perhaps FedEx and/or email, two forms of communication, etc, I have no idea. The fact remains we need pilots – pronto on CAL side, and the latest system bid shows that, nearly 600 vacancies, with 200 remaining from previous system bid.
Personally, I wish we can move quicker into SLI so we can all wipe our tears after waiving our hands in the air in protest about each and everyone’s place on the seniority, settle in the bases and equipment we want, and finally finish this integration process.
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Old 01-25-2013, 03:37 AM
  #24  
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Originally Posted by JMD16 View Post
Not sure how that can be true. Per the Transition agreement when a pilot is offered a position at CO they can accept or decline. If they decline they will not be contacted again unless they give 30 days notice they want to enter the process again.
Exactly....
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Old 01-25-2013, 03:38 AM
  #25  
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Originally Posted by jetlink View Post
I have no clue what he meant by that, perhaps FedEx and/or email, two forms of communication, etc, I have no idea. The fact remains we need pilots – pronto on CAL side, and the latest system bid shows that, nearly 600 vacancies, with 200 remaining from previous system bid.
Personally, I wish we can move quicker into SLI so we can all wipe our tears after waiving our hands in the air in protest about each and everyone’s place on the seniority, settle in the bases and equipment we want, and finally finish this integration process.
Why the rush into the SLI? Allot of men and women here will have their seniority screwed with... I don't want to see a rush job that could over look things done in haste. Or are you just saying start the arbitration process now and skip the beginning stages of the process?
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Old 01-25-2013, 04:13 AM
  #26  
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Originally Posted by Tony Nelson View Post
Exactly....
Any of the Ual furloughees can re-enter classes by calling CV. So far 500 plus are here or scheduled for training.

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Old 01-25-2013, 06:57 AM
  #27  
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Originally Posted by gettinbumped View Post
Not to defend Jeff's performance, because it's pathetic, but it would be tough to compare 2010 financials to 2012 financials in any meaningful way. Even DAL struggled in the 4th Q this year and just barely eeked out a profit.
Just to clarify. Rainey was asked about DAL 2012 profit vs UAL 2012 profit. Not 2012 to 2010. Rainey's remark was in reference to the fact that DAL is 2 years ahead of UAL in merger synergies. Nothing was asked or said about 2010 financials.

DAL.... 4th qtr 2012 $238M profit and $1.6B profit for the full year 2012 (excluding special items)

UAL.... 4th qtr 2012 $190M LOSS and $589M profit for the full year 2012 (excluding special items)

The analyst was asking about the HUGE gap in profitability between 2 like sized carriers.

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Old 01-25-2013, 07:51 AM
  #28  
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Originally Posted by jsled View Post
Oh yeah. HSLD is clueless. And Thor is the most knowledgeable poster on APC! The totally left field crazy shiznit that you spew on this forum in incredible. You have zero credibility. When called out, you GO DARK. crickets. Anything you say is total BS to me. I disregard. Here is all you need to know about the new system bid....

 Bid 14-02 will be effective the 1st day of the February 2014 bid period – unless subsequently superseded as a result of the Seniority List Integration by Vacancy/Displacement Bidding.
Sled
What's a displacement bid? Could a furloughee decide to come back and displace a newhire off the equipment?
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Old 01-25-2013, 08:01 AM
  #29  
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Originally Posted by Airway View Post
What's a displacement bid? Could a furloughee decide to come back and displace a newhire off the equipment?
No. If your equipment or base is going away, a displacement bid is issued. A pilot with a displacement bid is entitled to bump to anywhere his seniority can hold (no vacancy required). The company may or may not issue secondary and tertiary displacements as a result. A returning furloughee would not have displacement rights.

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Old 01-25-2013, 08:09 AM
  #30  
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Just wondering.............if the ten years of recall passes, what happens to those who continued to bypass? When does the ten years occur?
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