Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

Future AMR/B6 timeline....

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web
Beach:

I understand your point....

But you are incorrect about his "position". He has stated multiple times that we WILL get stapled and that he would "take that tomorrow"....not "should we get stapled". This position also indicates the ignorance that all of those near the bottom of our list are as young as he is, meaning they would all fare as well as he would. This is another ridiculous assumption.

I also understand the mentality of "it matters not, it won't affect me" and how it has helped put this profession in the shambles that it can be.

He can have the last word.

A350

Your argument would hold merit if unions actually meant true unity. Name one instance where it has.

First and foremost, if you are 50 or 60 years old and on the bottom of the seniority list, that is simply a lost cause. I challenge you to find one single instance that could cause a favorable outcome for them. There isn't one.

If you think that JB would get anything but a staple in a merger with AMR or DAL, or ever WN, you are living in a dream world. We are small, they are big. They have resources, we do not. We have been around about 12 years, they have been around much longer. We have 2,300 pilots, they have triple, quadruple, or even more than that in some instances. The best case scenario would that a small amount of super senior captains would get some integration at the bottom of the new list with some fences up for protection, but that is about it. That is reality, and you'd best be prepared to accept it. I was when I took the job. I'm 34. I've got 30+ years left in the industry. I can afford a staple. If you can't, perhaps you should rethink your decision making process, or have taken a job somewhere else. I came to JB KNOWING the health insurance was expensive, the retirement was sub-par, and that it was likely just a matter of time before some kind of M & A activity. I came to JB KNOWING it was not the endgame for me, but prepared fully if it became so. JB is a good job. A damn good job. Anyone that says otherwise is delusional. There's a reason that there are 12,000 plus pilot applications on file here. However, that does not mean that there isn't VAST room for improvement, which is why I am staunchly pro-union.

Here's the difference: I don't lie about why I am pro-union. I don't preach bull$hit about how we are unified, etc. I am pro-union because MYSELF AND MY FAMILY stand to gain from it. Period. I would never cross a picket line because the consequences of doing so far outweigh the benefits. It's simple math.

If others gain from a union as well, that is a charming bonus. I don't really care for one simple reason:

I know for a fact that they don't care about me.

You think the senior captains that run negotiating committees actually give a rat's ass about the junior FO's?

Ask the guys that negotiated $30 bucks an hour and no health insurance for 6 months for first year guys at CAL.

Ask the guys that negotiated unlimited reserve extensions and reassignments at AE for a small payraise.

Ask the guys that negotiated 8 days a month off and unlimited junior manning for the junior reserves at Mesa.

They will likely blame management, but the simple fact is, had they given up some off their top-heavy compensation and thought of someone other than themselves, the guys at the bottom might actually get to see their families once in a while, and might actually get to make a living.

Unity my ass. They are no better than management. The guys at the top of the union take care of themselves, and everyone else can go to hell.

Look at the salaries at ALPA national.

The only saving grace is that some of the scraps that fall downhill might get picked up by the junior guys. For example, health insurance cost is likely to go down. Retirement is likely to get better. But make no mistake about it.....they aren't doing it for you, they are doing it for them.

A truly unified union would be completely unstoppable by managment. There would be nothing they could do but acquiesce to the reality of what the union wants, or go out of business. But pilots are greedy by nature, we always have been. We will never be truly unified because the guys at the top want one thing, the guys at the bottom want another. Retirement is more important to some than heath insurance or pay. Some guys want to work their asses off and credit 100 hours a month, some guys, like me, are totally happy with min guarantee and working as little as possible. As long as that is the case, you will have differing opinions on how things should be done, what should be a top priority, and what is most important. There will never be true unity. Guys right now are pissing and moaning at JB because there is no open time. They are lowering the bid divisors and awarding lines to more people. Senior guys that want to max their flying are pissed, while junior guys like me are happy to be off reserve and more than happy to just fly a 70 or 80 hour line and go home.

Pilots will always be divided, just as humanity always will be. Guys that scream out "you've got the 'I got mine' attitude" like A350 are really saying, "you should be caring about what I care about!! Not what you care about!"

Not a chance, scooter. I have my own life to life, my own family to feed, and my own priorities to take care of. I don't give a damn about yours any more than you give a damn about mine.

The only difference is I don't bull$hit about it.
 
Your argument would hold merit if unions actually meant true unity. Name one instance where it has.

First and foremost, if you are 50 or 60 years old and on the bottomless of the seniority list, that is simply a lost cause. I challenge you to find one single instance that could cause a favorable outcome for them. There isn't one.

If you think that JB would get anything but a staple in a merger with AMR or DAL, or ever WN, you are living in a dream world. We are small, they are big. They have resources, we do not. We have been around about 12 years, they have been around much longer. We have 2,300 pilots, they have triple, quadruple, or even more than that in some instances. The best case scenario would that a small amount of super senior captains would get some integration at the bottom of the new list with some fences up for protection, but that is about it. That is reality, and you'd best be prepared to accept it. I was when I took the job. I'm 34. I've got 30+ years left in the industry. I can afford a staple. If you can't, perhaps you should rethink your decision making process, or have taken a job somewhere else. I came to JB KNOWING the health insurance was expensive, the retirement was sub-par, and that it was likely just a matter of time before some kind of M & A activity. I came to JB KNOWING it was not the endgame for me, but prepared fully if it became so. JB is a good job. A damn good job. Anyone that says otherwise is delusional. There's a reason that there are 12,000 plus pilot applications on file here. However, that does not mean that there isn't VAST room for improvement, which is why I am staunchly pro-union.

Here's the difference: I don't lie about why I am pro-union. I don't preach bull$hit about how we are unified, etc. I am pro-union because MYSELF AND MY FAMILY stand to gain from it. Period. I would never cross a picket line because the consequences of doing so far outweigh the benefits. It's simple math.

If others gain from a union as well, that is a charming bonus. I don't really care for one simple reason:

I know for a fact that they don't care about me.

You think the senior captains that run negotiating committees actually give a rat's ass about the junior FO's?

Ask the guys that negotiated $30 bucks an hour and no health insurance for 6 months for first year guys at CAL.

Ask the guys that negotiated unlimited reserve extensions and reassignments at AE for a small payraise.

Ask the guys that negotiated 8 days a month off and unlimited junior manning for the junior reserves at Mesa.

They will likely blame management, but the simple fact is, had they given up some off their top-heavy compensation and thought of someone other than themselves, the guys at the bottom might actually get to see their families once in a while, and might actually get to make a living.

Unity my ass. They are no better than management. The guys at the top of the union take care of themselves, and everyone else can go to hell.

Look at the salaries at ALPA national.

The only saving grace is that some of the scraps that fall downhill might get picked up by the junior guys. For example, health insurance cost is likely to go down. Retirement is likely to get better. But make no mistake about it.....they aren't doing it for you, they are doing it for them.

A truly unified union would be completely unstoppable by managment. There would be nothing they could do but acquiesce to the reality of what the union wants, or go out of business. But pilots are greedy by nature, we always have been. We will never be truly unified because the guys at the top want one thing, the guys at the bottom want another. Retirement is more important to some than heath insurance or pay. Some guys want to work their asses off and credit 100 hours a month, some guys, like me, are totally happy with min guarantee and working as little as possible. As long as that is the case, you will have differing opinions on how things should be done, what should be a top priority, and what is most important. There will never be true unity. Guys right now are pissing and moaning at JB because there is no open time. They are lowering the bid divisors and awarding lines to more people. Senior guys that want to max their flying are pissed, while junior guys like me are happy to be off reserve and more than happy to just fly a 70 or 80 hour line and go home.

Pilots will always be divided, just as humanity always will be. Guys that scream out "you've got the 'I got mine' attitude" like A350 are really saying, "you should be caring about what I care about!! Not what you care about!"

Not a chance, scooter. I have my own life to life, my own family to feed, and my own priorities to take care of. I don't give a damn about yours any more than you give a damn about mine.

The only difference is I don't bull$hit about it.

Lots of truth here.
 
Your argument would hold merit if unions actually meant true unity. Name one instance where it has.

First and foremost, if you are 50 or 60 years old and on the bottom of the seniority list, that is simply a lost cause. I challenge you to find one single instance that could cause a favorable outcome for them. There isn't one.

If you think that JB would get anything but a staple in a merger with AMR or DAL, or ever WN, you are living in a dream world. We are small, they are big. They have resources, we do not. We have been around about 12 years, they have been around much longer. We have 2,300 pilots, they have triple, quadruple, or even more than that in some instances. The best case scenario would that a small amount of super senior captains would get some integration at the bottom of the new list with some fences up for protection, but that is about it. That is reality, and you'd best be prepared to accept it. I was when I took the job. I'm 34. I've got 30+ years left in the industry. I can afford a staple. If you can't, perhaps you should rethink your decision making process, or have taken a job somewhere else. I came to JB KNOWING the health insurance was expensive, the retirement was sub-par, and that it was likely just a matter of time before some kind of M & A activity. I came to JB KNOWING it was not the endgame for me, but prepared fully if it became so. JB is a good job. A damn good job. Anyone that says otherwise is delusional. There's a reason that there are 12,000 plus pilot applications on file here. However, that does not mean that there isn't VAST room for improvement, which is why I am staunchly pro-union.

Here's the difference: I don't lie about why I am pro-union. I don't preach bull$hit about how we are unified, etc. I am pro-union because MYSELF AND MY FAMILY stand to gain from it. Period. I would never cross a picket line because the consequences of doing so far outweigh the benefits. It's simple math.

If others gain from a union as well, that is a charming bonus. I don't really care for one simple reason:

I know for a fact that they don't care about me.

You think the senior captains that run negotiating committees actually give a rat's ass about the junior FO's?

Ask the guys that negotiated $30 bucks an hour and no health insurance for 6 months for first year guys at CAL.

Ask the guys that negotiated unlimited reserve extensions and reassignments at AE for a small payraise.

Ask the guys that negotiated 8 days a month off and unlimited junior manning for the junior reserves at Mesa.

They will likely blame management, but the simple fact is, had they given up some off their top-heavy compensation and thought of someone other than themselves, the guys at the bottom might actually get to see their families once in a while, and might actually get to make a living.

Unity my ass. They are no better than management. The guys at the top of the union take care of themselves, and everyone else can go to hell.

Look at the salaries at ALPA national.

The only saving grace is that some of the scraps that fall downhill might get picked up by the junior guys. For example, health insurance cost is likely to go down. Retirement is likely to get better. But make no mistake about it.....they aren't doing it for you, they are doing it for them.

A truly unified union would be completely unstoppable by managment. There would be nothing they could do but acquiesce to the reality of what the union wants, or go out of business. But pilots are greedy by nature, we always have been. We will never be truly unified because the guys at the top want one thing, the guys at the bottom want another. Retirement is more important to some than heath insurance or pay. Some guys want to work their asses off and credit 100 hours a month, some guys, like me, are totally happy with min guarantee and working as little as possible. As long as that is the case, you will have differing opinions on how things should be done, what should be a top priority, and what is most important. There will never be true unity. Guys right now are pissing and moaning at JB because there is no open time. They are lowering the bid divisors and awarding lines to more people. Senior guys that want to max their flying are pissed, while junior guys like me are happy to be off reserve and more than happy to just fly a 70 or 80 hour line and go home.

Pilots will always be divided, just as humanity always will be. Guys that scream out "you've got the 'I got mine' attitude" like A350 are really saying, "you should be caring about what I care about!! Not what you care about!"

Not a chance, scooter. I have my own life to life, my own family to feed, and my own priorities to take care of. I don't give a damn about yours any more than you give a damn about mine.

The only difference is I don't bull$hit about it.

Unions are not religions and logical men use them for logical purposes.

Unfortunately, pilots as a group, are emotional and short sighted. Especially the young ones.

Despite that, pilots have negotiated some pretty good contracts at airlines that YOU or I have never worked for and those pilots have done very well for themselves. Thousands of them CONTINUE to do very well for themselves.

And you're right....

....This senior guy doesn't give a rats ass about you unless you're standing against what my family needs and then I only want you gone.
 
And is that not the problem?

The fact that there is no unity among the unions, among the different airlines, among each pilot group, is why we keep getting our collective a##$2 handed to us.

Propagating what you percieve as an injustice (they don't give a crap about me, so I won't give a crap about you) just continues the cycle that has gotten us here today. I isn't a great excuse and it certainly won't make things better for the next generation of airline pilots.

Very sad.

A350
 
And is that not the problem?

The fact that there is no unity among the unions, among the different airlines, among each pilot group, is why we keep getting our collective a##$2 handed to us.

Propagating what you percieve as an injustice (they don't give a crap about me, so I won't give a crap about you) just continues the cycle that has gotten us here today. I isn't a great excuse and it certainly won't make things better for the next generation of airline pilots.

Very sad.

A350

So in essence what you are saying is that you can thank the current crop of senior daddies for getting us into this mess and that the junior pilots should just bend over and be happy so the seniors now and maybe a few future juniors can have it better?

Nice try buddy. Not a chance in hell. maybe you seniors should try leading by example as so many of you claim management should do.
 
What I have been saying is that we have to look after each other, not against each other. One cannot succeed without the other.

Have fun railing against the "seniors" who you think screwed you. If you continue to propagate this disunity, nothing will ever get better. And when you get "senior", the junior who come after you will have the same attitude you have or worse.

Good luck with that.

A350
 
Latest and greatest article.

According to an article in the recent Bloomberg Businessweek, JetBlue (NASDAQ: JBLU) is now a takeover candidate with Delta Airlines (NYSE: DAL) and American Airlines (PINK: AAMRQ) as the most logical suitors. US Airways (NYSE: LCC), now considering American Airlines, is always to looking to merge.

In the Bloomberg Businessweek piece by Robert Farzad and Justin Bachman, "Once High-Flying, JetBlue Returns to Earth," Delta Airlines and American Airlines are considered to be the most logical buyers due to JetBlue's strong presence at JFK. Several airline industry analysts noted in the article that this would be most appealing to Delta Airlines and American Airlines, once it emerges from bankruptcy.

At around $4.60 a share, JetBlue is certainly priced low enough to attractive a buyer looking to buy an airline at a discount. In 2007, JetBlue was trading at over $12 a share. Over the last year, JetBlue has fallen 21.33%. In recent trading, JetBlue has fallen while others such as US Airways have risen. Over the last quarter, US Airways is up more than 30%, by contrast.

As a result, it has very attractive valuations. The price-to-book ratio of JetBlue is just 0.74. The price-to-sales ratio is 0.29. On a quarterly basis, both sales growth and earnings-per-share growth are increasing for JetBlue. The forward price-to-earnings ratio for JetBlue is projected to be 7.32. There is also plenty of cash and short term investments to help defray the costs of an acquisition. JetBlue is profitable, but it pales in this area compared to other airlines.

Never appealing to a buyer, however, is a company with loads and loads of debt. With a debt-to-equity ratio of 1.78, JetBlue certainly qualifies under this standard. However, the stock is priced low, which mutates this rating. In addition, debt can always be bought back at a discount.

Lufthansa owns 19% of JetBlue and is monetizing its stake by issuing bonds backed by the shares. JetBlue is down 16.64% in the last quarter, so it is certainly priced to sell. It is also down for the last week and month of trading, too. Even if JetBlue does not sell, the mean analyst target price for the airline is $7.09 over the next year.
 

Latest resources

Back
Top