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I actually believe the regime in place DOES understand how important it is to get it done.
Problem is, the man in Omaha refuses to give them the CASH to GET it done. So, a little reminder is in order.
I don't have any knowledge what happens at the top. Im all for you guys getting a good deal, so long as the company remains profitable. If WB needs to hand over a loan to get it done, then that means we aren't making money. Yes I know we're making a lot. Yes I know you're worth you weight in gold. There has to be a common area in there somewhere.
Diesel, I get that 90 days is a long time. I would like to have seen it done too. At least both sides know where each other stands and can work together from there. 90 days ago, you were still on page 1.
SG
If WB needs to hand over a loan to get it done, then that means we aren't making money.
I left NJA for a major a few months ago and I'll be there in DAL helping to replace at least one freeloader. Even though I don't work there anymore, a rising tide lifts all boats, and I'll do anything I can to help you guys get what you deserve. Keep fighting!
If that's actually the case, and that's a huge "IF", then it means that the business model is broken and the entire enterprise is unsustainable. Solution: Shut the entire thing down post haste. That means close the doors and liquidate the assets.
The pilots demand, and will receive, AVIATION INDUSTRY leading compensation (not the Fractional aviation industry as they so cleverly like to claim) - end of story. That is what professional labor costs in this world. You don't see people marching into a car dealership and demanding a Lexus for fifty bucks because "that's all I have".
I think not. Let the negotiators do their thing.
So tell me if I understand correctly after reading through these posts. If the company can't afford to pay you more than the top paying air carrier (industry leading),then the model is broken and we might as well shut down.
SG
On par with the highest paid air carriers, yes. That is correct. ie: Delta, Southwest, and FedEx.
While, assuming this is actually the case, they SHOULD shut the company down, eventually it will no longer be the company's decision to make.
That was loaned money that is being paid back. I don't know if payments on owed money is an asset. The comment I referred to said we should sell our assets. We don't have any assets that I'm aware of aside from a share in our own program.Didn't two BILLiON assets flow into warrens pockets? I think they knew the pilot asks about four years ago...
Thanks for the honest reply. I know two sides have a different view on how much the company actually makes. I have no idea aside from what BH reports every quarter. I'm not a finance guy, so I wouldn't know.
I don't understand the concept of demanding a salary at the risk of shutting the company down. $300k is great, but if it only lasts 3 years you're SOL when the market floods with 3000 pilots. I do understand you wanting to be on par those carriers, but aren't they paid based on aircraft class or weight? Their pilots over the course of the day carry more revenue than we do. I know your daily duties include quite a bit more than a legacy pilot / crew. Read my posts over the years, you'll never see me say you aren't worthy of better pay. I just don't understand the "I want every penny of profit for me until we shut it down" thought process. We're already the costliest of the on demand carriers, so I don't think raising prices is the best answer either.
SG
When a company can afford to ferry a package of Oreo cookies from one airport to another so a different jet can fly the pax with those precious Oreos, I think they can afford to pay the frontline troops.
lol really? is that true they did that?
I don't understand the concept of demanding a salary at the risk of shutting the company down.
$300k is great, but if it only lasts 3 years you're SOL when the market floods with 3000 pilots. I do understand you wanting to be on par those carriers, but aren't they paid based on aircraft class or weight? Their pilots over the course of the day carry more revenue than we do.
I know your daily duties include quite a bit more than a legacy pilot / crew. Read my posts over the years, you'll never see me say you aren't worthy of better pay. I just don't understand the "I want every penny of profit for me until we shut it down" thought process. We're already the costliest of the on demand carriers, so I don't think raising prices is the best answer either.
(minimum wage laws aside) If you owned a McDonald's franchise, but could only afford to keep it open if you paid your employees $0.09/hour, would you understand it then? Shouldn't the employees be content with superficial praise (by being called "Team Member" and the "Best fast food workers in the industry") in lieu of pay? Afterall, I'm sure you'd appreciate their hard work and sacrifice for YOUR bottom line, wouldn't you?
It doesn't matter what their revenue stream is. The fact is that there is a going rate for compensation for the "best pilots in the industry" flying the wealthiest people in the world. That going wage is a reflection (withing the range) of the highest paying labor contracts in the AVIATION industry. If an empolyer can't afford to pay the industry wage, then it is officially not a viable business model, and it will eventually fail - as it should.
$300k is not necessarily the requirement either...a salary reflecting the highest paid aviation labor contracts is the goal, and that number needs to be arrived at based on what other premier carriers are being paid.
This is a monumental misconception from the other side of the bargaining table - or else it's just shameless propaganda. The union does not now, nor has it ever, demanded "every penny of profit"...that would be silly. What they demand is a wage commensurate with the highest paid aviation contracts currently operating - that's it. Once that goal is achieved, the company, and the BH shareholders, are welcome to every additional penny they bring in. We call that 'profit'. What they don't get to do is short their single greatest labor asset (whether its done for legitimate or illegitimate purposes) just because they're greedy. If there truly is no profit left to be had, then you can - and should, shut it down.