FREE AIRTRAN FLIGHTS for buying Coke at Wendy's

[Ty Webb]

Reality Check:

AirTran management doesn't do things like this unless it is going to reflect positively on the ol' income statement . . . .

All you chowderheads can blather on about whatever you want in regards to this decision, but at some point, it was determined AirTran would profit from it.

The reason you're all sitting there running your
sh!teaters about it is because you don't know where the $$ is coming from . . . but the money is in the deal, or we wouldn't be doing it.

Now, back to your previously scheduled mental masturbation marathon. I believe Chuck Yogurt was leading that session.

 

[Ty Webb]

Reality Check:

AirTran management doesn't do things like this unless it is going to reflect positively on the ol' income statement . . . .

All you chowderheads can blather on about whatever you want in regards to this decision, but at some point, it was determined AirTran would profit from it.

The reason you're all sitting there running your
sh!teaters about it is because you don't know where the $$ is coming from . . . but the money is in the deal, or we wouldn't be doing it.

Now, back to your previously scheduled mental masturbation marathon. I believe Chuck Yogurt was leading that session. I guess his Viagra finally kicked in . . . . too bad he can't get that to happen with a woman.

 

[Resume Writer]

Wow Ty, that was an amazing statement about the "mental" thing! If you go through life blindly believing that everything management does has a "positive effect" on the bottom line, then you are sadly mistaken.

Case in point. December 8, 1990, America West management decided to put the entire fare base on sale at 50% off, with NO limit on capacity. It was right before the first Gulf War broke out. They told the public and employees it was to get people flying again, as they were supposedly afraid of terrorists. I did not buy it. I told people that in retail terms it was like taking your new spring line and marking it 50% off and THEN putting it on the floor to sell. There is no chance to make a gross profit. People did not listen to me.

Then management put out a memo to the employees saying that our load factors were 75%! I told people - cut it in half - because when you sell the tickets at 50% off, your true load factor is cut in half. In this case that would make it 37.5%, and if your break even factor is 60%, then you are losing money. Once again, people did not listen to me because they were too busy listening to management.

June 27, 1991, America West filed for bankruptcy. They told the employees two days before at a "thumbs up" rally that we were not in "any" financial trouble at all. People went and bought additional stock based upon that "pep rally" and proceeded to lose tons of money.

So, sorry if I do not think that everything management does is "well thought out."

Kathy

 

[pilotpat-1]

It really is amazing how fast people pop off for no reason. Its pretty obvious why AirTran is doing it. Promotion for coke, and it gets people to sign up for their A+ Rewards account. Its called marketing, heard of it?????

WHAT YOU GET: For every 4 incremental Proofs of Purchase/AirTran Flight Coupons along with a properly completed 3x5 card, you will receive one (1) A+ Rewards Credit. Maximum credits you may receive per AirTran Airways A+ Rewards account is thirty-two (32), which means the maximum number of Proofs of Purchase/AirTran Flight Coupons you may submit is 128, regardless of how many envelopes submitted. Credits will be posted to your AirTran Airways A+ Rewards account within approximately six (6) weeks of receipt of properly redeemed Proofs of Purchase/AirTran Flight Coupons. The credits received in connection with this offer will expire one year after credits post to your AirTran Airways A+ Rewards account. Only Proofs of Purchase/AirTran Flight Coupons in increments of four and a maximum of one hundred and twenty-eight (128) per stamped envelope with one completed 3x5 card will be credited to your AirTran Airways A+ Rewards account. Any other Proofs of Purchase/AirTran Flight Coupons that do not meet these requirements will not be credited to your AirTran Airways A+ Rewards account. 3x5 cards and Proofs of Purchase/AirTran Flight Coupons will not be returned.

 

[G4G5]

Trading flights for Cokes, any wonder why Budweiser was picking on LCC's?

What's next? Spend $50 at the Pigley Wigley and receive a free turkey or upgrade to first class on Airtran?

 

[Ty Webb]

Wow Ty, that was an amazing statement about the "mental" thing! If you go through life blindly believing that everything management does has a "positive effect" on the bottom line, then you are sadly mistaken.

Kathy, I think if you re-read my post, you'll see that I referred to AirTran management, no one else's, and although their execution isn't flawless, the fact that we have had six consecutive years of profitability during what is certainly one of the worst times in aviation history speaks a hell of a lot more loudly than your half-baked example.

Once again, if the money isn't in this thing, they wouldn't be doing it.

PS., Kathy- any resume writer knows you have to target your audience, and I am not the right audience for a Business 101 course- let's just leave it at that.

 

[VABB]

Reality Check:

AirTran management doesn't do things like this unless it is going to reflect positively on the ol' income statement . . . .

Remember this quote when your negotiations go south. If, for example, AT is barely breaking even on the 'ol balance sheet, giving out huge raises isn't going to a positive thing on the 'ol income statement.

I wonder what management would ask for in that case?

 

[Ty Webb]

Remember this quote when your negotiations go south. If, for example, AT is barely breaking even on the 'ol balance sheet, giving out huge raises isn't going to a positive thing on the 'ol income statement.

I wonder what management would ask for in that case?

A "Balance Sheet" doesn't contain any information about "breaking even". An "Income Statement" does. Two different documents. Copy? Comprende?

Of course management's job is to poor mouth us at the table. And if our pilot population was as ignorant as yourself, it might work.

So, worldly and astute aviator that you are, VABB, next time you are sitting on your can waiting for the phone to ring with your 20 minute call out to Chihauhau, try reading a basic business primer. You'll save yourself, me, and the rest of the people on this board a lot of time and aggravation.

 

[Resume Writer]

Kathy, I think if you re-read my post, you'll see that I referred to AirTran management, no one else's, and although their execution isn't flawless, the fact that we have had six consecutive years of profitability during what is certainly one of the worst times in aviation history speaks a hell of a lot more loudly than your half-baked example.

Once again, if the money isn't in this thing, they wouldn't be doing it.

PS., Kathy- any resume writer knows you have to target your audience, and I am not the right audience for a Business 101 course- let's just leave it at that.

At the time that America West pulled that stunt, we were profitable. How were we profitable, yet so close to bankruptcy? They had received concessions from Airbus to take their aircraft. Further, they just moved money from one side of the paper to the other in the form of write-offs and convertible debentures.

Please understand, I am NOT saying that AirTran is heading for or will be in bankruptcy. My comment was simply about the trust that if management has done it, then it is golden.

BTW, the stunt that AWA pulled brought in a boat load of cash at the time, got them a tremendous amount of press, and kept us afloat for seven months prior to bankruptcy.

I am sorry that you feel that you have nothing left to learn about business, Ty. I strive to learn something new every day. I would guess that AirTran management does not stop learning either. It was not that long ago that they had a PR nightmare on their hands with the crash in the everglades. While that crash was not their fault, they were very savvy in changing the name of the airline so as not to imply a "low-budget" airline. People's memories are very short, and AirTran management made the right decision.

Kathy

 

[VABB]

A "Balance Sheet" doesn't contain any information about "breaking even". An "Income Statement" does. Two different documents. Copy? Comprende?

Of course management's job is to poor mouth us at the table. And if our pilot population was as ignorant as yourself, it might work.

So, worldly and astute aviator that you are, VABB, next time you are sitting on your can waiting for the phone to ring with your 20 minute call out to Chihauhau, try reading a basic business primer. You'll save yourself, me, and the rest of the people on this board a lot of time and aggravation.

What is a balance sheet? In simple terms, it is a snapshot of a company's overall financial health. It contains 3 items: Assets, Liabilities, and Owners Equity.

Among the items listed are cash on hand and long and short-term debt.

The income statement shows whether or not the company had a profit or a loss. The income statement is also only for a specific time frame.

For example, you can show me how "profitable" your company is based on an income statement, for a particular quarter for example. All that tells me is that the company's revenue exceeded their expenses for that given time frame. Reviewing the balance sheet will give me a good understanding of the health of the company.

What the income statement will not tell me is how healthy the company is, it will not list the total amount of assets, the total amount of debt, and how much the company is actually worth, i.e., the equity.

So if you want to walk into your negotiations touting a couple of income statements and bragging about profitability, go ahead. I guarantee the balance sheet is going to tell another story.

While an income statement may show a profit or a "break-even" for the quarter, the balance sheet may show that the profit could have been greater, for example if the debt were reduced.

So the next time you want to discuss ignorance, I suggest that you brush up on Accounting 101. Oh, and good luck. Your management, at best, might let you keep your current pay rate. I'm anticipating that they will ask you for concessions. Especially if you only just continue to "break even".