NJA Contract Rumor

[SDCFI]

Shameless rumor to follow...

NJA management is/going to use the recent aircraft orders to gain concessions from the pilots. No concessions = order cancellations. What say you?!

 

[gunfyter]

I guess there will be order cancellations ...

 

[imacdog]

Hansell must think he's dealing with a bunch of regional pilots who have never dealt with management before.

 

[brokeflyer]

Shameless rumor to follow...

NJA management is/going to use the recent aircraft orders to gain concessions from the pilots. No concessions = order cancellations. What say you?!

id say that's exactly why they placed the order in the first place. leverage. Id say it was the dumbest move management has done. Those guys get paid the same if its a new phenom or a 12 year old ultra.

like he said, i guess they're gonna be canceling orders.

 

[nordo_2]

Order cancellations are exactly inline with NJ’s history. It would be of no surprise to anyone. It would be surprising to actually see the orders come to fruition.

 

[gunfyter]

The orders are replacements ... not for growth .... So I would expect to see deliveries unless they plan to shrink out of existence....

 

[jtf]

I honestly believe the company will take all the firm orders and probably more regardless of concessions. I just think they will do it over a decade or so while getting rid of more old airframes and types than they bring in. If concessions do happen, it won't be because of this carrot.

 

[acaTerry]

I guess there will be order cancellations ...

I'll second that motion.

 

[buckeyes95]

You don't order planes unless you need them. I'd call the bluff.

 

[OPECJet]

Still gotta sell those airplanes. You're right about calling the bluff however.

 

[fischman]

Shameless rumor to follow...

NJA management is/going to use the recent aircraft orders to gain concessions from the pilots. No concessions = order cancellations. What say you?!

Let me know when you catch up with the rest of us. You're about a year and a half behind if you just figured this out.


Sent from my iPad using Tapatalk HD

 

[CALRepublic]

NJA's management is not trying anythig new here, this is standard operating procedure

Continental tried that 5 years ago, "either take a pay-cut or say bye bye to those 787s". Back in the 90s United pulled the same crap with their 777 order

nothing new here, moving on

 

[BentOver]

NJA's management is not trying anythig new here, this is standard operating procedure

Continental tried that 5 years ago, "either take a pay-cut or say bye bye to those 787s". Back in the 90s United pulled the same crap with their 777 order

nothing new here, moving on

Yeah but it sure is fun to watch a rookie CEO, with a short background in his fathers law firm, think he's reinvented the wheel...

This one will be fun to watch from the sidelines

"Lets see, if you don't take pay cuts I'll cancel orders which will certainly mean the end to Netjets, and mean the end to my short career as CEO..."

Yeah, he sure is brilliant:laugh:

 

[rajflyboy]

What did Nancy Reagon say? "Just say No"

 

[billybob]

Kiss my furloughed butt. Better be good if I ever get back. I played nice nice once....

 

[Pervis]

Concessions have been a common thing in this industry for many years. At this point, only an idiot would agree to concessions in any form-they don't work, never have. I don't have a word for those that would consider them after a near record profit last year, and WAY above forecast through the first two quarters this year.

Fleet size reaches its minimum, as planned, very soon. Re-growth to follow. The Global 6000 sim in CMH is really something, with the Proline Fusion cockpit. Electric motion and enhanced video are quite an improvement too. The Phenom sim should be coming soon, the new building looks great, and we've already sold a number of Globals and Phenoms.

Some approach life with their chicken little hat on, while I prefer to see the bright side. There isn't any koolaid involved with hardware sitting right in front of your eyes.

BTW, section six has not been opened yet. Contract rumors carry zero credibility when negotiations haven't even started.

 

[Blueridgeflyer]

Just came through company recurrent. Based on my observations last week I would say the company is on very solid footing. For the first time in many years I feel fairly confident that bright years ensue for the organization. I also get the feeling that some modest contractual advancements are plausible should they serve notice in November. But we want our furloughees back soon.

 

[Pervis]

But we want our furloughees back soon.

Amen to that!

 

[Xcorporate]

That last sentence is much appreciated. We, as a group, feel quite abandoned at this point. Many feel that the furloughed group are going to be sacrificed by the union. 2 1/2 years later and I still don't understand the divide that was created by the e board. Time will tell.....

 

[acaTerry]

Billybob and Xcorporate,
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