Negotiations will be starting soon and I am sure we will here, at some point, about the companies budget for our contract.
Did you all realize of the 10 largest airlines we finished last in net income for the 3rd quarter 2007 with a dismal 1.7% net income?!!
Are you aware we get $15.00 dollars less per average fare than Southwest Airlines, and lets face it we have a superior product; assigned seating,business class, and free XM radio. If we were to get the same average fare as Southwest Airlines we would add 270,000,000 millions dollars to our annual profits!!
As we all know you do not here Airtran mangement talking about the revenue side of the equation...there is a reason for that, we are weak on revenue. Sure we are making money and that is a good thing but we are not as profitable as Wall Street thinks we should be, note our stock price.
So my question is should we have to ask for less in our new contract, or have a cost neutral contract for managements lack of performance??
Just wanting to here some constructive thoughts.
Did you all realize of the 10 largest airlines we finished last in net income for the 3rd quarter 2007 with a dismal 1.7% net income?!!
Are you aware we get $15.00 dollars less per average fare than Southwest Airlines, and lets face it we have a superior product; assigned seating,business class, and free XM radio. If we were to get the same average fare as Southwest Airlines we would add 270,000,000 millions dollars to our annual profits!!
As we all know you do not here Airtran mangement talking about the revenue side of the equation...there is a reason for that, we are weak on revenue. Sure we are making money and that is a good thing but we are not as profitable as Wall Street thinks we should be, note our stock price.
So my question is should we have to ask for less in our new contract, or have a cost neutral contract for managements lack of performance??
Just wanting to here some constructive thoughts.