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So help me out there Einstein, what's Northwest pay on a DC9 or DAL on an MD80, vs AirTran's 717 rate for domestic?
You're right, ValueJet aka AirTran pays more..
You don't need to work 110 hours to credit 110 at Skybus.. you simply work a couple of west coast turns and fly an average of 6 hours a day on a 15 day work week.. and sit in the back on 4-5 deadheads earning 2+ hours for every west coast return..
If Skybus is profitable, I'll get 5500 shares at a $5 strike price that can be worth millions, but at a minimum of sever hundred thousand.. And unlike your Pentions, nobody can take it away, and I don't the the Federal Government to guarantee it.
You don't need to work 110 hours to credit 110 at Skybus.. you simply work a couple of west coast turns and fly an average of 6 hours a day on a 15 day work week.. and sit in the back on 4-5 deadheads earning 2+ hours for every west coast return..
I just have to ask. What's it like deadheading on a transcon with a seat pitch of 30 inches?
I would like to point out, and I'm sure others could expound greater on this, that those 5500 shares would have to sell for $181 per share to make you A MILLION for "MILLIONS" it would be double that or more. I've checked the price of most airlines and again, correct me if I'm wrong but I don't know of any airline stock that ever went up that high (even if you consider inflation) Allegiant is only in the 30's after 5 years of doubling profits, and these are meager profits compared to the Legacy Carriers.
Promises of stock options are one thing and performance is a whole other issue.
Good Luck!!
....If my $5.25 strike price stock hits $20-30 and splits into 2 x 5.25 strike price stocks at 10-15, then those go up, and split again... and if you sh!t in one hand and hope for a $180+ valuation on your options in the other, guess which one will fill up first.
As for deadhead on a 30" pitch (with no seat back pockets, mind you).
Because the seatback pocket on any other carrier adds a good 12 inches!!
I don't know, have done it on Skybus yet, but I have on the 3 or 4 other legacy carriers with similar pitch when you factor in seat back pockets and it's tolerable for 4-5 hours max.
Of which you get a whopping 2-2.5 pay hours!
I used to have to do it for 14-20 hours in a single day going trans-oceanic when I was flying at my last job, so it will seem like nothing.
Untill you find yourself being frisked for food as you board and your F/A keeps pushing the snack box sale to get her 10%. Your right none of that sounds too bad.
dude, you're embarrassing yourself....
1 out of 3 pilots commutes and so I'm sure you can ask this same question to many here. Difference is, they're not paid for it.
dude, you're embarrassing yourself with anyone here with a finance background.
Stocks, don't just go up and down in price from the date of IPO. Southwest for example has split 23 times since IPO. Ryanair which sells for about $10 a share is the largest airline in the world in terms of market cap. If my $5.25 strike price stock hits $20-30 and splits into 2 x 5.25 strike price stocks at 10-15, then those go up, and split again... in a few years, they'd be worth a million. Use google and look up stock splits.. Berkshire Hathaway is one of the few stocks that's never split, Google being another.
.....and when is the IPO again?dude, you're embarrassing yourself with anyone here with a finance background.
Stocks, don't just go up and down in price from the date of IPO. Southwest for example has split 23 times since IPO. Ryanair which sells for about $10 a share is the largest airline in the world in terms of market cap. If my $5.25 strike price stock hits $20-30 and splits into 2 x 5.25 strike price stocks at 10-15, then those go up, and split again... in a few years, they'd be worth a million. Use google and look up stock splits.. Berkshire Hathaway is one of the few stocks that's never split, Google being another.