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Again... no... not really, no.
Again, Econ 101: costs associated with producing a product are passed on to the consumers of the product in the form of increases in said product's price over time.
Granted, one cannot simply raise fares overnight but, as I mentioned before, AAI has been slowly and quietly raising fares in very small increments over the last year and a half. That increase has shown up on the quarterly reports as increased net profit which, yes, does get passed onto the share holders, for a very brief time, but then that additional income is used to pay for the increased costs that come with a new contract, as well as fare increases in the future as well.
That's not "taking money from the shareholders"; it was never their money to begin with, they just happened to benefit from the fare increases that were eventually slated to cover increased costs of producing this product.
Everything goes up in cost, generally speaking, over time. The trick is to find that middle ground where costs go up a reasonable amount that's fair to the employee group concerned (in this case, the pilots), while simultaneously not requiring such a large increase in fare as to damage AirTran's market share of customers.
With as long as ALPA's been doing this, I trust them to find that "sweet spot" in this case. YMMV.
Alaska afforded it. SWA afforded it. Jetblue afforded it. Even Delta guys got some money with the merger and they have been bleeding money. They can get the money for us by being more efficient with their operation. When reserve pilots are timing out 30/7 and they are delaying and even cancelling flights because of poor scheduling practices that equates to higher costs. They can afford to pay more but executive bonuses are in part calculated on money they do not spend that is why there hasnt been a contract. AAI stock has been stagnant for years as the rest of the industry has. If shareholders dont want to own stock they can sell it or not buy it. We have been making money for the most part for years and the stock hasnt really gone up. It was higher when they tried to buy Midwest and save that company from the scum that is Republic. Plus, a well compensated and fairly treated workforce creates profits. Motivation is powerful. SWA has a crappy product but they make money. It is like a damn cult over there. Spreadsheet management doesnt work. It never has. I would rather have some guy that keeps a small company profitable in this country than some idiot with an MBA.
And I hope what 400Ahole gets what he richly deserves . . . . a nice case of hemorrhoids. . . . . . and a new jailhouse hubby.
Thanks for reassuring of how bad AT SWA merger would be. I wish you the best on your own and hope to never see you in a SWA uniform.
Thanks for reassuring of how bad AT SWA merger would be. I wish you the best on your own and hope to never see you in a SWA uniform.
It is just a job. It doesnt define the person.