B19 Flyer
....
- Joined
- May 8, 2006
- Posts
- 1,595
Do you actually believe what your write? Hello! McFly! Anybody home?! The economy DID falter. Big time! Right after 9/11. Hmmm.......we sure did suffer at NJA....NOT! Would it be pointing out the obvious that we are not an airline? Should I repeat my point about our client base and how the rich, generally speaking, will always be rich and less affected by the ups and downs of the economy? interesting how you selectively choose which words and sentences you pay attention to.
Like Jetwash said, not likely to see our owners doing a sprint back to the 'convenience' and 'comfort' of the airlines.
Could things take a major downturn at NJA? Of course! NOTHING in life is certain. But your comparison to the airlines is so far out in left field it's pretty useless. Yes, we have a great new contract. But a 5th year captain at NJA makes $90K. What was a 5th year captain making at the majors when things went down the crapper? We have a very long way to go before our wages approach what the legacy carriers used to pay. Actually, for the most part, we still aren't near what the legacy carriers pay. And there's also the matter of productivity. Senior legacy captains could make upwards of $250K (before things went bad) and only work 8 or 9 days a month. Not much productivity for that kind of money. even with our good union, we'll probably never be working less than 15 days a month.
And there are so many other differences between us and the airlines I just don't have the energy to point out everything. But a big one is that while we still harbor some ill will towards the company, our union is actively working WITH the company to make it better, not just for the pilots, but as a long term career, meaning helping the company be more effiecient and safer. How many unions at the majors work closely WITH management to make everything work? Hmmm? In spite of some of the posts on flightinfo, we are actually not in an adversarial relationship with management.
Oh, it was hell on earth negotiating our current CBA. You have some truth to it there. But we didn't experience any sort of uptick in accidents or incidents during that time, so I'm not sure why you think safety is compromised during negotiations. Our group remained very focused on flying safely during that period.
Like I said, try doing a little research before making inane statements that don't hold up under the first glimmer of daylight.
Hey Biff! (AKA newcomer)
Speaking of research, if you really knew the industry, you would know that the problems started before 9/11. Look at the dates of these articles. What were you doing in July of 2001? I was managing in a major carrier and felt the brunt of the downturn well before the attacks. Nearly all the majors had been railroaded into industry leading contracts within months prior to the downturn. Mere coincidence? I'll post those articles too if need be. I was "downsized" out of a job within a year of this because the union wouldn't negotiate even though the writing was on the wall. That was the second time in three years. No worries anymore. And it's well known that NJ wasn't profitable for a long time and even now, while it's profitable it will take a long time to offset the losses of the previous decade. I think that NJ is the cream of the crop as far as a fractionals are concerned. But the smaller fractionals will suffer with union intervention.
http://www.highbeam.com/doc/1G1-76617259.html
Delta Air Lines Downturn Reflects Rough Skies for Airline Industry.
From:
Knight Ridder/Tribune Business News
Date:
July 19, 2001
By Nancy Fonti, The Atlanta Journal and Constitution Knight Ridder/Tribune Business News
Jul. 19--When Delta Air Lines reports a large second-quarter loss today it will confirm that the good times have quit rolling for Atlanta's biggest corporate employer.
After a five-year run of big profits, the airline and its retooled management team now face a tougher financial environment. There's no sign yet the downturn will be as long or painful as the grinding slump of the early '90s, but it's forcing belt-tightening including a hiring freeze, route changes and sweeping fare ...
http://www.highbeam.com/doc/1G1-78056343.html
Second worst.(US airline industry reports $2.5 bn profit decline)(Statistical Data Included)
From:
Air Transport World
Date:
September 1, 2001
US airline industry suffers a $2.5 billion negative profit swing in the three months to June 30
Bigger definitely wasn't better in the second quarter as far as the US airline industry was concerned. None of the Big Three carriers and only one of the six largest in revenues--Continental--managed a profit for the period. The other three that made money were No. 7 Southwest Airlines, Alaska Air Group and AmTran, parents of the ninth and tenth biggest Majors respectively. They also happen to be airlines that are far less reliant on free-spending corporations for their revenues.