Hi,
I don't have much to add except to this question. I'm not 100% sure about some specifics, but you can find some of this information in the prospectus. It has bios on all the company directors. Granted, many of the directors aren't operational airline types, but you'll at least get a...
I went to Jack Brown's last fall and did my ASES in a couple of days. What a blast! Well worth the time. I just wish you could rent a seaplane for solo flight afterwards.
That's OK, I didn't know that fuel contracts were called "hedging". As atldc9 said, it looks like we were both right.
mdf, thanks for the clarification. I probably screwed up the details by confusing futures contracts with options on futures contracts. I don't mess with derivatives or...
Well put. Let's just say "pro-innocent-life". You correctly point out that determining exactly who the innocent parties are is sometimes difficult, but I think it's safe to say that the pre-born meet that definition. Enemy troops and convicted felons are usually not innocent. Especially in...
Oh, not this crap again. If I thought you knew what the heck you were talking about, I'd even debate with you. But since you've been repeatedly corrected on this issue, I have to assume you're just willfully ignorant and therefore not worth the trouble.
For everyone else, suffice it to say...
Not exactly. You're thinking of contract fuel rates, which is not hedging. Hedging is trading in commodity derivatives. Since there are no commodity options for jet-A, what happens is that the company buys options for heating oil, which closely matches the price of jet-A. The options don't...
Look again. That was a hypothetical legal but tiring pairing, meant to illustrate a point. I was specifically thinking of my past life at a regional, not JetBlue.
This last bit is easy to explain once you realize that those eight hours of flight usually occur over multiple legs. The "other 8 hours" are everything that happens in your day when the airplane isn't off the blocks, and therefore counting as flight time. It's unusual to be scheduled for a 16...
Notice also that he sells the same amount at the same time each week. This is part of an approved planned sale to avoid the appearance of stock manipulation.
AKAAB is right. It's to diversify his holdings (actually the holdings of a trust he set up), so as not to keep all of his eggs in one...
This is a good idea in theory, but I don't know how to get there from here. Union support alone wouldn't do it. You would have to make it illegal to fly airliners without such board approval just as it's illegal to practice medicine without it. A century ago, doctors were hacks, by and large...
Indeed, you did not. Still, I don't want you to think that LCC pilots are intentionally causing downward pressure, or that there's no awareness that this is taking place. FWIW, as far as upward pressure is concerned, I am quite certain that if and when the economy turns around, a number of...
None taken at all. I only intended to show the futility of taking a "moral" stance on working for a regional or LCC. You can take the "prostitution" theme too far, and that crosses the line. I'm as frustrated as you are, and as I said, I don't have any answers. I can see the writing on the...
Whatever. I'm pretty tired of this argument myself. But if you think that LCC's would go away if only nobody would work there, you may be the one with the reality problem. Reality is that there's precious little work to be had at any carrier other than LCC's and regionals. Knowing your...
Re: Re: Re: Greatest Threat?
Definitely a MASTER WARNING there. You're foregoing that kind of money right out of grad school for the opportunity to sit reserve, face furlough, lose your pension, your medical, or your career, merely on the chance that you last long enough to make the really...
Just so I understand you correctly, and no offense meant. Are you saying that, given that no better option were available to you at the time, you would turn down a flying job that tops out at $150k/yr because you are worth more than that, only to walk away from your aviation career to take up...
Egad, NYR, will you get off my back? Smilies just don't do justice. How do you show sardonic irony with ":D"? Just to be clear, I'm not amused exactly. But it is a wry sign of the times that the pilot profession's largest union is having such trouble with representing their existing groups...
Interesting. So I'm arrogant because I thought your comment (or question) was asinine? Hm. Or perhaps you assume I'm arrogant because I didn't pull gear for ten years in order to be worthy of an A320 captaincy. I'm not sure where you're going with this.
I've mentioned on several occasions...
JetBlue gets a fare premium on routes that it competes on with Delta and American. JetBlue's average fare is $15 to $20 higher, at the same time load factor is higher. The reason for that is either: a) customer service or b) gadgets. Obviously fares are competitively low, but not rock bottom...
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