Looks like SKW doesn't want to park 50 seaters

[russtgol]

Your Brad Holt stated he would have to abide by the scope clauses, even with those MRJs. So, we'll see........ If you want to become the next Indy Air, then go for it.



Bye Bye---General Lee

Would you like to debate this in my bounce house?

 

[General Lee]

The general health of the average pilot will still force most to retire well before 70. So even if they pass an age 70 rule it should only sting a little. Here is the problem with this "pilot shortage". Even if the majors need to hire 10,000 in the next 10 years there is still 20,000 or so regional pilots out there. Not exactly a shortage but it will be easier to get a job. Thats not if the trend continues with HR's making deals to scoop up the best brand new college grads to take those empty right seats in an airbus. What will happen is the regionals will continue to shrink or disappear and only a few will be left. Not to mention with the scope level being set by Delta will mean that American and United will have similar contracts. Not to say it will be more or less restrictive but it will be similar. So unless there is some end around code share for domestic I do not see an answer for regionals to get pilots. The ATP and 1500 hours will be very restrictive and only the most desirable of regionals will be getting pilots

Thats why the Pinnacle bankruptcy will not be just a shot to the pilot group, but in the end it will kill the company. Who will want to even apply to a company that has a history of being poorly ran and crapped on by Delta (NWA)? WHo will want to get hired by a company who will have 10 year FO's and cannot hold on to pilots because of crappy work rules and pay? Who will want to work at a company that only has bases in DTW, MSP, NYC unless you live near those places? Oh by the way I think MEM is on its way out very soon.

Sorry, you forgot about ATL, SLC, LAX, and SEA bases. If merger consolidation continues, a few more could be added. Flying at mainline really is great. Great variety, a recent pay raise, and unbelievable retirement numbers coming up in the next couple years. Getting on during the first hiring wave will really help with anyone's QOL, maybe being on reserve a very short time, and then being a line holder for the rest of your career if you want. (it's up to you what you bid) Good things coming up. Good luck!



Bye Bye---General Lee

 

[Freebrd]

but you keep giving in on scope Jenny, how are we supposed to move over?

 

[Flyguy1226]

Great variety, a recent pay raise, and unbelievable retirement numbers coming up in the next couple years.

Pay raise... Lol!

 

[General Lee]

Pay raise... Lol!

I'd say 16.5% from Jan 1st, 2012 to Jan 1st 2013(1 year) isn't bad. How have you done?


Bye Bye--General Lee

 

[dojetdriver]

Pay raise... Lol!

I'd say 16.5% from Jan 1st, 2012 to Jan 1st 2013(1 year) isn't bad. How have you done?

Bye Bye--General Lee

EVERYTHING is relative, in 2000 a DAL 12 year 75/76 FO was at $153.22/hr. In 2004, it WOULD have been $182.71/hr, what is it now?

Do an inflation calculation on JUST the 2000 rate, you SURE it's a legit raise?

 

[BOX OFFICE]

Sorry, you forgot about ATL, SLC, LAX, and SEA bases. If merger consolidation continues, a few more could be added. Flying at mainline really is great. Great variety, a recent pay raise, and unbelievable retirement numbers coming up in the next couple years. Getting on during the first hiring wave will really help with anyone's QOL, maybe being on reserve a very short time, and then being a line holder for the rest of your career if you want. (it's up to you what you bid) Good things coming up. Good luck!



Bye Bye---General Lee

I think xjhawk was talking about Pinnacle, General...

 

[russtgol]

I'd say 16.5% from Jan 1st, 2012 to Jan 1st 2013(1 year) isn't bad. How have you done?


Bye Bye--General Lee

Yes!!! Delta is the center of the universe!!!

 

[Jon Rivoli]

Legacies have orders on the books to replace about half of their domestic narrow body fleets, so it might seem that their solution to the pilot shortage is to shrink. Someone going to a legacy now might just be jumping onto the bottom of a shrinking list. Fine if you are in your twenties or early thirties, otherwise not so great.

Scope clauses are great, until the next bankruptcy which seems to be part of the airline business model.

The future will not look like the past; regionals boomed over the last decade and there has already been a lot of consolidation, a few more will probably disappear over the next few years.

So long as oil remains expensive and the economy stagnant, it's not going to be good for anyone.

How many pilots were employed by legacies in 1999, how many now? The glory days of buying a new Caddy with a single paycheck are gone forever and a pilot shortage won't change that. Your pay is limited by the revenue you generate and this is the age of Priceline. Consumers just wan't a cheep ticket.

My wife just bought three tickets on Delta PDX to PHL, this summer through Priceline, while sorting out a lost bag situation we learned that Delta netted only $60 on each ticket. Sixty bucks round trip, cross country, in the summer. If you want to make big bucks, don't be a pilot.

 

[General Lee]

Sounds like RA seemed confident that the 50 seaters will go down to 125 total in this mornings conference call. He was asked by analysts about SKW balking. Interesting stuff. I guess we'll see.


Bye Bye---General Lee

 

[General Lee]

Legacies have orders on the books to replace about half of their domestic narrow body fleets, so it might seem that their solution to the pilot shortage is to shrink. Someone going to a legacy now might just be jumping onto the bottom of a shrinking list. Fine if you are in your twenties or early thirties, otherwise not so great.

Scope clauses are great, until the next bankruptcy which seems to be part of the airline business model.

The future will not look like the past; regionals boomed over the last decade and there has already been a lot of consolidation, a few more will probably disappear over the next few years.

So long as oil remains expensive and the economy stagnant, it's nong to be good for anyone.

How many pilots were employed by legacies in 1999, how many now? The glory days of buying a new Caddy with a single paycheck are gone forever and a pilot shortage won't change that. Your pay is limited by the revenue you generate and this is the age of Priceline. Consumers just wan't a cheep ticket.

My wife just bought three tickets on Delta PDX to PHL, this summer through Priceline, while sorting out a lost bag situation we learned that Delta netted only $60 on each ticket. Sixty bucks round trip, cross country, in the summer. If you want to make big bucks, don't be a pilot.

Delta made $2.5 billion last year in ancillary revenue, like bag and change fees. United made $5.2 billion. The article about that is in the Major's section if you need to verify. The current quarter came out with a profit, with profit sharing for employees. There was a fuel hedge loss, plus a marked to market projected loss that could come to fruition if oil continues to drop over the next year or more, but it has reversed course lately. So, I think some airlines are doing just fine.

Airlines reap billions in fees
Sacramento Business Journal

Date: Monday, July 23, 2012, 7:19am PDT




With global peers, U.S.-based airlines pulled in $22.6 billion in additional revenue in 2011 by charging for bags and other ancillary services and products, but an analysis reveals that American airlines bring in more than their worldly competitors, according to USA Today.

United Airlines alone pulled in $5.2 billion in ancillary revenue last year, making it the top generator of such revenue among all carriers in the world. It was followed by Delta Air Lines, which made $2.5 billion.


The IdeaWorks report, sponsored by travel technology company Amadeus, found that ancillary revenues surged 66 percent over levels reported in 2009.



Bye Bye---General Lee

 

[General Lee]

Here is today's quote from RA on the conference call via "Seeking Alpha:"


"The first investment we are making is to restructure our domestic fleet by eliminating a substantial portion of our 50-seat regional jet fleet. We’ve already completely retired our propeller fleet. We will ultimately replace 75% of our 50-seat flying with more cost-effective mainline aircraft and two-class regional jets. Our 50-seaters peaked at more than 500 in 2008 and we intend to reduce it to less than 125 aircraft over the next two years."



I do have a question though. Aren't there still SkyWest Brasilias flying for Delta out of SLC to SUN etc? I thought I saw some there a few weeks back?

Here's more from the conference call:


Operator
Next we’ll hear from Helane Becker with Dahlman Rose & Company.

Helane Becker – Dahlman Rose & Company
Thanks very much, operator. Hi everybody. So just with respect to the changes you’re going to make over on the regional side, one of your major providers is basically out there saying that there’s no way you can get out of their contract, and the contracts go out four or five more years. And I’m just kind of wondering how we should think about that, given the fact that you’ve got to get down to something like 125 50-seaters over the next I think three years.

Richard Anderson
Well we have, without going into the particulars of any of the contracts that we have, we have a steady path to be able to get to 125. So we, without going into the specifics, we have a confident path of moving to the 125 and I’ll just leave it at that.



Interesting. I guess we'll see what happens.




Bye Bye---General Lee

 

[redflyer65]

cheep ticket.

My wife just bought three tickets on Delta PDX to PHL, this summer through Priceline, while sorting out a lost bag situation we learned that Delta netted only $60 on each ticket. Sixty bucks round trip, cross country, in the summer. If you want to make big bucks, don't be a pilot.

Wow. That's unbelievable Jon. That won't even cover the Skycap out front!!

 

[General Lee]

Wow. That's unbelievable Jon. That won't even cover the Skycap out front!!

He learned that from a baggage guy he was talking to while handling a bag problem? Read what he said Red. I bet you listen to lav dumpers about your future earnings too.


Bye Bye--General Lee

 

[Canadair RJ]

Here is today's quote from RA on the conference call via "Seeking Alpha:"


"The first investment we are making is to restructure our domestic fleet by eliminating a substantial portion of our 50-seat regional jet fleet. We’ve already completely retired our propeller fleet. We will ultimately replace 75% of our 50-seat flying with more cost-effective mainline aircraft and two-class regional jets. Our 50-seaters peaked at more than 500 in 2008 and we intend to reduce it to less than 125 aircraft over the next two years."



I do have a question though. Aren't there still SkyWest Brasilias flying for Delta out of SLC to SUN etc? I thought I saw some there a few weeks back?

Here's more from the conference call:


Operator
Next we’ll hear from Helane Becker with Dahlman Rose & Company.

Helane Becker – Dahlman Rose & Company
Thanks very much, operator. Hi everybody. So just with respect to the changes you’re going to make over on the regional side, one of your major providers is basically out there saying that there’s no way you can get out of their contract, and the contracts go out four or five more years. And I’m just kind of wondering how we should think about that, given the fact that you’ve got to get down to something like 125 50-seaters over the next I think three years.

Richard Anderson
Well we have, without going into the particulars of any of the contracts that we have, we have a steady path to be able to get to 125. So we, without going into the specifics, we have a confident path of moving to the 125 and I’ll just leave it at that.



Interesting. I guess we'll see what happens.




Bye Bye---General Lee

I think Delta intends to replace the -120s with Embraer 140s as soon as CHQ's AA contract is up.