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Latest at Flexjet?

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Standby, we went from PBS to an in house based bidding system. That is the big change. Some like and some don't, similar to PBS.
 
Flex is not in the business of providing jobs for pilots. They are in the business to make as much profit as they possibly can. If thought firing more pilots would make them more $ then they would glady do it.
 
Flex is not in the business of providing jobs for pilots. They are in the business to make as much profit as they possibly can. If thought firing more pilots would make them more $ then they would glady do it.
This attitude is the problem we face today as humans. Pofits above all else isn't a smart way to sustain business as well as life. The paradigm is shifting, buy your tickets here.
 
Really?? I know of a few airlines that have been in the red for decades. That is how they run and prevent pay increases.


Sure seems like it, but a business cannot survive without profits at some point.

You can borrow and raise capital to keep the pony running for awhile, but these options run out if no profits are generated and then you enter the bankruptcy zone.
 
That's right Gret, they file bankruptcy. Dump debt, retirements, etc and start over. Been there, done that (twice).
 
Companies have to maximize their short term profits to look good for their shareholders and other lenders. Management will cut jobs, benefits, pensions or whatever will make their bottom line look better in the short term. Unfortunately when they do this, employees are treated like any other liability the company has.
 
It was ALOT. I hope last week is an eye opener that we need to recall some people.

I always wonder how (if at all) management puts a value on how charter affects the owners on a personal basis. In other words, what does it cost us from a service perspective when we have to charter? You can't put a price on it really, but these folks pay a lot of money to fly on Flexjet (in this case) aircraft, and while some charter is a fact of life in this business if you run too far with it in the name of saving money you risk alienating the owners who are paying top dollar to ride on "their" planes. Hopefully our airline managers are smart enough to have figured out how to find the right balance.
 

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