Shrinkage?
04-28-2016 | 08:00 PM
#12
Line Holder
Joined: Dec 2015
Posts: 926
Likes: 19
From: B777 CA
Record profits and all of this negative media hype. Imagine what they wrote about UAL/CAL during the dark days of the early 2000's. My guess without researching - both companies would be long dead by now.
I wouldn't lose a second of sleep over this stuff. Not that bad things can't happen, but we are better poised now for profitability, attrition & growth then I can remember for a very long time.
If these analyst were so right all the time they would be long retired counting their millions.
I wouldn't lose a second of sleep over this stuff. Not that bad things can't happen, but we are better poised now for profitability, attrition & growth then I can remember for a very long time.
If these analyst were so right all the time they would be long retired counting their millions.
04-28-2016 | 08:03 PM
#13
Gets Weekends Off
Joined: Oct 2012
Posts: 1,061
Likes: 0
From: 737
UAL's problem is a revenue problem.
We have the routes, the aircraft, and the employees but we are currently unable to earn the same $$$ per seat as DAL (for example). Both LUAL and LCAL were in the top RASM tier of the industry prior to the merger so this is JS's legacy, IMHO.
Many high value passengers defected to competing airlines after the merger and if previous cycles repeat we will see customers return as our service levels, operating performance, and employee moral improve.
But it will take time.....
We have the routes, the aircraft, and the employees but we are currently unable to earn the same $$$ per seat as DAL (for example). Both LUAL and LCAL were in the top RASM tier of the industry prior to the merger so this is JS's legacy, IMHO.
Many high value passengers defected to competing airlines after the merger and if previous cycles repeat we will see customers return as our service levels, operating performance, and employee moral improve.
But it will take time.....
I can hardly speak accurately as to how much damage JS did in his short time here. As a commuter and interacting with the paying public twice a week I am still amazed at the level of contempt toward UAL ops...and I have seen a marked improvement in the past 8 months or so from the right seat perspective. Until we convince the public that we've gotten our sh!* together it doesn't matter the metrics we post on the daily email. I'm thinking that many valuable and loyal customers left in the years JS was in charge and the stigma has been perpetuated. Just goes to show how much a terrible CEO can affect your organization.
04-28-2016 | 08:08 PM
#14
Gets Weekends Off
Joined: Feb 2012
Posts: 3,599
Likes: 205
From: 787
United has been hated for atleast 20 years. It is impossible for anyone to write something positive about United. It's just the way it is......how the hell do you take a half billion dollar profit and shrink it to profitability
04-29-2016 | 01:50 AM
#15
Don't say Guppy
Joined: Dec 2010
Posts: 1,926
Likes: 0
From: Guppy driver
I wouldn't waste too many brain cells on this. Sounds like the two weird hedge funds are starting rumors for some effect.
Our market cap is so high, it would be incredibly expensive to do any corporate shuffling.
Just noise. Back to important things, like beer.
Our market cap is so high, it would be incredibly expensive to do any corporate shuffling.
Just noise. Back to important things, like beer.
04-29-2016 | 05:25 AM
#16
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Joined: Dec 2006
Posts: 323
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Our market cap is not high at all. We are roughly the same size as DAL and our market cap is rapidly approaching half theirs.
04-29-2016 | 05:33 AM
#17
Gets Weekends Off
Joined: Jul 2008
Posts: 5,575
Likes: 316
The UAL flight attendants have been waiting on a contract for years. The only group that interacts with pax during flights is ****ed off. I would start there if I was in charge, but that would be spending money.
04-29-2016 | 07:59 AM
#19
Gets Weekends Off
Joined: Mar 2006
Posts: 908
Likes: 0
From: 737 fo
I disagree. As we have seen lately, these guys can have an impact with a small amount of holdings. We better get out s••t in one sock soon.
04-29-2016 | 02:46 PM
#20
Thread Starter
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Joined: Feb 2015
Posts: 976
Likes: 75
From: NOYB
Good reputations can take years to build and destroyed in fraction of that time. I guess analysts aren't aware of that.
Here's my contribution, I try to entertain myself by making a game of burning less gas enroute than dispatch planned for. Sure, sometimes it's easy, but sometimes it takes studying the actual winds/turbulence enroute vs. forecast. Sometimes, it is by backing off on the CI a bit when we are running early. Sometimes it is by requesting direct to the FAF. Passes the time and makes me feel special.
Of course, after I bank the savings... I don't feel too bad drawing on it by firing up the APU when "Off" arrivals are in effect.
Here's my contribution, I try to entertain myself by making a game of burning less gas enroute than dispatch planned for. Sure, sometimes it's easy, but sometimes it takes studying the actual winds/turbulence enroute vs. forecast. Sometimes, it is by backing off on the CI a bit when we are running early. Sometimes it is by requesting direct to the FAF. Passes the time and makes me feel special.
Of course, after I bank the savings... I don't feel too bad drawing on it by firing up the APU when "Off" arrivals are in effect.
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