lowecur
Well-known member
- Joined
- Sep 14, 2003
- Posts
- 2,317
You gave me spin not answers. Given the financial health of Jetblue the last 3 years (tons of debt/small profit...), just what would it have cost the company to make the pilot group happy? In my opinion, everyone bit the bullet including mgt. Give the pilot group more money, then everyone else wants their share at a time the company can least afford it.......hence one big unhappy group with a company that is marginally viable.I don't see where he said the "pilots are taking more of the burden." In a nutshell like many companies, when they do well managers receive bonuses and employees get a slap on the back. When managers screw up or make mistakes employees feel the brunt of it, pilots in general will take the burden in most cases.
Why? Next to management pilots usually make the most, and when pilots or managers need to take cuts where do you think managers will look? At themselves? Hardly, that is when they give themselves bonuses.
Why? Well, they need to retain the talent to help pull the company out of the tailspin. You know, the tailspin they put the company in in the first place.
This has been going on for decades, and not just in this industry.
AAflyer
Like I said, the ranks have been infiltrated by the legacy mentality. Most have no idea or care how to keep a company viable. Their primary thought is we have sacraficed for many years and we want ours now and to hell with whether or not Jetblue is on the right track.
Jetblue's BOD is watching this very carefully. They have listened to the two Dave's for many years on their way to run an airline and handle employees. Since I think consolidation will happen this year, the option for a private equity buyout and mgt change is something they will listen to very carefully. I think the capital infusion will give them the latitude to take the airline to the next level. The adversarial hammer has dropped and there's no sense trying to play nice anymore. Afterall, it's not personal....it's just business.
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