ALPA loses at Skywest

[SKYWRJGUY]

1) Ignorance appears blissful, to the extent Rez asked for an answer and got one; he just didn't like it. Of course, what I said is true, though the premise behind the original question is inane.

2) Seat-basis for comparison? I make a lot more than mainline 737, 747, 757, 767, and tripple drivers if that is the case. Actually, now that I think about it, eveb a lowly SKYW EMB 8YR CA makes more than 60% of my hourly rate [a seat comparison], so he must make more than me. Boy, this whole compensation thing is upside down.

3) If this board wasn't for PCL, JP, & ROL slapping each other on the back, it would be worth reading. Do you guys go to bed angry every night, or just bitch about people incessantly?

 

[CFIT]

1)
3) If this board wasn't for PCL, JP, & ROL slapping each other on the back, it would be worth reading. Do you guys go to bed angry every night, or just bitch about people incessantly?

WITHOUT A DOUBT THE BEST POST I HAVE EVER SEEN!

 

[antisocialist]

Remaining "strong, competitive, and well positioned for the future", is one thing...allowing the employees who positioned them at the top to slide backward year after year with no COLA is wrong!!!The company has no excuse not to continue paying us the COLA they always paid for the first 28 years they were in business! I know the inflation rate in SLC is a lot less than in my domicile, but you need to stop pretending that everything still costs you what it did 7 years ago, and that it will continue not to go up for the next 4 years!!! Eleven years with no COLA from a company as successful as Skyw is wrong period end of the story!

Gee, I don't know, how about less than a 5% profit margin? How low should the profit margin be? And don't try to tell me that your W-2 hasn't gone up in the last 7 years. To imply that your pay does not continue to increase, and at a rate faster than virtually every other regional (including Horizon!) is a lie. ALPA likes to blame all things on management and yet it is ALPA that expects to set all of the major expenses for the company and if the company can't compete with the high level of expenses ALPA has forced under threat of a crippling strike then it is MANAGEMENT'S FAULT!!!! Tell me ALPA business leaders, what will tomorrow's market be like? Because you are always talking about the good old days but what will tomorrow be like? Management might be preparing for another rainy day with their whopping 5% margin and $400 million cash reserves.

Fly the airplane, let management try to run a profitable company in this crazy environment. Without unions, how did the 90% of non-union private sector employees ever get a pay raise or health benefits? Why is it that union rants and rumors never come to pass in non-union industries?

 

[PCL_128]

Without unions, how did the 90% of non-union private sector employees ever get a pay raise or health benefits? Why is it that union rants and rumors never come to pass in non-union industries?

You're living in a fantasy world. The wages and benefits of middle- and lower-class workers have been declining for years when corrected for inflation. The "little people" aren't getting any real pay raises, and they're being crippled by rising healthcare and retirement costs.

 

[Gr82Aviate]

Gee, I don't know, how about less than a 5% profit margin? How low should the profit margin be? And don't try to tell me that your W-2 hasn't gone up in the last 7 years. To imply that your pay does not continue to increase, and at a rate faster than virtually every other regional (including Horizon!) is a lie. ALPA likes to blame all things on management and yet it is ALPA that expects to set all of the major expenses for the company and if the company can't compete with the high level of expenses ALPA has forced under threat of a crippling strike then it is MANAGEMENT'S FAULT!!!! Tell me ALPA business leaders, what will tomorrow's market be like? Because you are always talking about the good old days but what will tomorrow be like? Management might be preparing for another rainy day with their whopping 5% margin and $400 million cash reserves.

Fly the airplane, let management try to run a profitable company in this crazy environment. Without unions, how did the 90% of non-union private sector employees ever get a pay raise or health benefits? Why is it that union rants and rumors never come to pass in non-union industries?

You might want to try and start dealing with facts, not fiction...


Skywest profit margins have been in double digits almost every quarter of every year(and that's Net profit margins not gross profit margins)!

No, my W2 has not been going up...haven't gotten a longevity raise in some time(and longevity raises have never included COLA, for 28 years we got both longevity AND COLA)!

Finally Skywest has about double the 400 million you made up(or however you came up with that number)!

 

[antisocialist]

Here you go:
http://finance.yahoo.com/q/ks?s=SKYW

Profit margin: 4.57%

You got me on the cash however:
Total cash: $660.4 M

And don't forget this one:
Total debt: $1.91 B

I know that unions despise profits of any form so tell me, what should their profit margin be? 2%? That leaves a lot of cushion for the next downturn doesn't it? It is after all, a very cyclical industry.

 

[timeless]

ALPA and Skywest hijacked FI.

 

[antisocialist]

Maybe, but it is after all an ALPA/SkyWest thread.

 

[Gr82Aviate]

Here you go:
http://finance.yahoo.com/q/ks?s=SKYW

Profit margin: 4.57%

You got me on the cash however:
Total cash: $660.4 M

And don't forget this one:
Total debt: $1.91 B

I know that unions despise profits of any form so tell me, what should their profit margin be? 2%? That leaves a lot of cushion for the next downturn doesn't it? It is after all, a very cyclical industry.

If you check you'll see that margin was from the quarter prior to the latest one...the majority of the quarters have had higher margins!

 

[JoeMerchant]

You're living in a fantasy world. The wages and benefits of middle- and lower-class workers have been declining for years when corrected for inflation. The "little people" aren't getting any real pay raises, and they're being crippled by rising healthcare and retirement costs.

You are sounding more and more like Hillary every day.... We used to agree on politics, but we can't even agree on that.....

It simply isn't true about the lower and middle class..... That is nothing more than class warfare....

Read this article....
http://www.opinionjournal.com/editorial/feature.html?id=110010855

In the interest of being "fair and balanced", I encourage you to provide your evidence and I will read it....

 

[PCL_128]

You are sounding more and more like Hillary every day.... We used to agree on politics, but we can't even agree on that.....

It simply isn't true about the lower and middle class..... That is nothing more than class warfare....

Read this article....
http://www.opinionjournal.com/editorial/feature.html?id=110010855

In the interest of being "fair and balanced", I encourage you to provide your evidence and I will read it....

I read that article earlier today. The problem with the figures they use is that they're calculating things incorrectly in order to distort the issue. They're following individual people rather than jobs. Yes, the people that they studies had an increase in earnings because they moved up to different jobs as the years went on, but that's not the question we're dealing with here. The question is, for a given job, let's say retail sales, have the salary and benefits for that job kept up with inflation. The answer is a very clear NO. While the person who starts their career in retail sales will see an increase in earnings over the years by moving up to different jobs, the people coming in behind him to replace him in that same retail sales job will make less than he did for doing the same job when corrected for inflation. Likewise, the job he moved up to to get his raise will also pay him less than the person who occupied that job before him. The end result is that you make more money as your career progresses, but not as much money as someone 10 years ago would have made.

 

[JoeMerchant]

I read that article earlier today. The problem with the figures they use is that they're calculating things incorrectly in order to distort the issue. They're following individual people rather than jobs. Yes, the people that they studies had an increase in earnings because they moved up to different jobs as the years went on, but that's not the question we're dealing with here. The question is, for a given job, let's say retail sales, have the salary and benefits for that job kept up with inflation. The answer is a very clear NO. While the person who starts their career in retail sales will see an increase in earnings over the years by moving up to different jobs, the people coming in behind him to replace him in that same retail sales job will make less than he did for doing the same job when corrected for inflation. Likewise, the job he moved up to to get his raise will also pay him less than the person who occupied that job before him. The end result is that you make more money as your career progresses, but not as much money as someone 10 years ago would have made.

Well then move on to better jobs.... The facts show that it is solely your own choice if you choose to be "left behind"..... If you work hard and advance yourself, you pay will increas...... more than those at the top of the food chain.....

Redistribution of wealth never works..... Working hard and building your own wealth does.... and everyone is capable of doing it in this country......

 

[PCL_128]

Well then move on to better jobs.... The facts show that it is solely your own choice if you choose to be "left behind"..... If you work hard and advance yourself, you pay will increas...... more than those at the top of the food chain.....

You're not understanding the problem, Joe. I liken this to what happened to my father years ago when he worked in management for a large automotive company. He held a position that paid low six figures. He had been with the company for years, and his experience netted him a good salary and good benefits. Of course, the company got tired of paying such a high salary and decided that it was time to "eliminate the position." They got rid of my father, changed the title of the position while keeping the responsibilities the same, and gave the job to a younger, less experienced guy and paid him $60k a year. To this guy, it was a big pay raise! He was used to making $40k in a lower tier management position, so from his viewpoint, things got a whole lot better. But any outside observer could see that the quality of that job had just gone down. A six figure job instantly turned into a mid-five-figures job. If the Journal had been following the younger executive, they would have used his experience as a "success story" to prove that incomes are going up, even though the truth is that that job just got a whole lot worse.

The point is that if you look a the raw statistics, middle-class earnings are lagging inflation and have been for several years. Meanwhile, CEO salaries have increased 700% over the past decade. I hate Hillary Clinton as much as the next guy, but you can't dispute the facts here.

Redistribution of wealth never works..... Working hard and building your own wealth does.... and everyone is capable of doing it in this country......

I hate redistribution of wealth as much as you do. That's not what I'm arguing for here. In fact, I'm not asking for any sort of government assistance whatsoever. I just want a level playing field. Give labor a level playing field and allow the markets to sort things out. As it is right now, corporations have the upper hand and labor is virtually crippled. This has led to our current problems, and it needs to be fixed. No "wealth redistribution" needed.

 

[EFIS COMP MON]

huhhh

 

[Rez O. Lewshun]

Well then move on to better jobs.... The facts show that it is solely your own choice if you choose to be "left behind"..... If you work hard and advance yourself, you pay will increas...... more than those at the top of the food chain.....

Redistribution of wealth never works..... Working hard and building your own wealth does.... and everyone is capable of doing it in this country......

You can move on... or sue ALPA....