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IB6 UB9 said:Ultra low paid?
Noserider76 said:Relative to the pay scales in effect at most majors when your company was formed - yes.
Smoking Man said:Note: The $89 an hour is only for the first 70 hours, anything above is paid at 150%.
FNG320 said:General,
I have read the same press releases. Problems is, they have always said SONG was profitable. But that is SONG itself, without the overhead that goes with operating an airline. These include the cost of gates, reservations, maintenance, payments on jets, etc. It is just for the cost of pilots, flight attendants, some cusotmer service/gates agents and fuel. Mother Delta is providing a lot to SONG. IF you were to break out SONG's portion of all of the above from Delta's total bill, SONG would be losing money. Maybe not as much as mainline, but still losing money. But by "leaving out some cost" that is how he can say SONG is making money.
Yes, expanding. But Song is feeding mostly of on itself by replacing mainline fights with SONG. The end result is it should be a reduction in losses, but not increased profit.
It is amazing how SONG parallels just about every city pair that JetBlue has. There are few if any where SONG does not parallel JetBlue. Remember the west coast flights still parallel JetBlues (SFO=OAK, LAX=LGB, etc).
I guess you can say Plagiarism is the greatest form of flattery. SONG is just a XEROX copy of JetBlue, but it came from a color copier missing some colors.
Just my opinion.....
FNG
B6Driver said:The fact that you're not flying anymore by your own account tells a lot about how well Delta's doing. The consecutive BILLION dollar quarterly losses are another tell tale sign of your company’s foresight. Song seems to be a good start for turning Delta around but there’s a long way to go so please don’t go declaring victory just yet until the real battle is done like the clown of a President that currently leads our country; quite poorly might I add.
1284 postings on this MB may tell why you're still not working also.
thruthemurk said:Let's keep it real here. The highest paid 190 Captain at Jetblue will be $72.32/hr(2nd year), soon to be $73.93/hr(3rd year). Hours above 70 will be paid at $108.48 and $110.90 respectively.
This would make the TRUE blended payrate for an 82 hour month $77.61(2nd year) and $79.34(3rd year).
12 year payscale is irrelevant and only serves to skew the reality.
Heavy Set said:To address your assertion that SONG has not been profitable, Grinstein will be in very big trouble if SONG is/was not profitable when he publicly made that statement. The SEC would be breathing down his neck if he stated one thing and then "misled" investors. Grinstein is smart and he would not do anything to jeopardize Delta or his position - right? Therefore, if he makes public statements like that, I would assume they are "roughly" correct - if not, he could be prosecuted (in the post-Enron business environment).
Heavy Set
Maybe I missed something but I never saw where Grinstein said Song was "profitable" He only says it is "successful" which by definition could mean many things. Song could be losing gobs of $$ yet as a competetive weapon be viewed as very successful by hurting the competition. I know we are playing with words here but thats what they do on Wall Street and the SEC.