Trouble at Jetblue?

[wndshr]

Ask the guys at SWA, UPS, AA you name it, what the average bottom feeder reservist flys? 110 is no where near reality (consistantly getting 110 hours of pay credit as a new hire is a short lived pipe dream). My point and AA717's is, sooner or later the hiring slows down and someone will be left sitting in the right seat ofthe ERJ, someone has to be the last one hired.

1st Month at SWA...127 trips for pay(TFP) at 43 per trip. Oh and I forgot, 19 of those were at 2nd year pay which is 73 per trip.

For March my reserve line is just like all the others at SWA. 16 days off and I get paid 90TFP. If I pick up anything extra on one of those 16 days off, it not only pays at 2nd year pay, but it goes on top of the 90...

You do the math...

why compare SWA to JB...

....lets see...how long has SWA been around? how long has JB been around? hmmmm...how many planes does SWA have? and JB? where were you braggin about SWA pay when the legacies were ruling the industry in pay and benefits. everybody has there turn at the top. first was UAL....then DAL got the big pay and SWA was way down the road behind ALK, U and the likes. now of course SWA will have a turn at the top, but just ask one of the guys at the top what it feels like to have it and then LOSE it! don't forget that SWA would have lost money for the first time in its history if it weren't for managements slick fuel hedging.

when JB is the size of 400 plus...then you can start the bitchin

 

[JB Bus Drvr]

Fr8puppy,
It was a hell of a meeting when it happened except it was a done deal before we got there. Hit a tender spot? Our "management edict" so far has been pretty good. So my profit sharing wasn't as good as last year. How was yours?

Anyway... anybody can ask questions, it's just amazing how many solutions to non-exsistant problems. And if you ever go into any crew room and not hear complaining, it's problably empty.

 

[canyonblue]

don't forget that SWA would have lost money for the first time in its history if it weren't for managements slick fuel hedging.

blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah
blah blah blah blah blah blah fuel hedging blah blah blah fuel hedging blah blah blah

 

[SMMustang]

It's always fun to see this kind of thread. I really glad (sic) that there's so much concern about our pay and benefits when the folks expressing those concerns have taken such painful cuts in pay and benefits at their own carriers. I hope that these individuals have put just as much effort and concern at their own airlines as they have done with B6. Hopefully, they'll get the same or better results in their comments as they have done on these posts for B6. BTW, where were you folks when I was at Biz Ex making $18/hr. as a SF340 F/O and was told by the union (ALPA) that the bottom 1/3 of the senoirity list had to take a 25% pay cut in order so that the company could retain it's more senior Capts. Just curious.

Some of us are concerned with your company because we own part of your company. What happened to all the talk that JB was going to single handedly put all the legacy carriers out of business? Looking at myy stock it looks more like a legacy than anything else.

 

[B6Busdriver]

Some of us are concerned with your company because we own part of your company. What happened to all the talk that JB was going to single handedly put all the legacy carriers out of business? Looking at myy stock it looks more like a legacy than anything else.

Who said that? Some idiot on a mesage board? You bought into it? Who's the fool?

 

[SMMustang]

Who said that? Some idiot on a mesage board? You bought into it? Who's the fool?

At least I don't have all the worthless options. I bought the stock to hedge my legecy job, right now, I'm pretty happy about having my legacy job and not at JB.88

 

[JB Bus Drvr]

SMMustang,

I too have holdings in my company and I'm confident in my investment. It's also my retirement. If you've lost confidence in the stock, liquidate. I bet there's enough investors out there who won't have any problem buying your shares. As I recall, there's always a disclaimer attached to every stock offering I've ever read. Be patient. Other than that, life is pretty good here.

 

[AA717driver]

holdon--I passed on the offer of an interview. Had they called a year earlier, I would have jumped at the chance.

Blue Bus--If we quit talking about solutions to non-existant problems, this board would be as quiet as the halls of the UAL MX base at IND. TC

 

[B6Busdriver]

At least I don't have all the worthless options. I bought the stock to hedge my legecy job, right now, I'm pretty happy about having my legacy job and not at JB.88

Your reply is like "I'm rubber your glue............". I see that you spent time in the military, maybe you didn't realize airline stock rarely makes for a good investment. My legacy job went away like so many others, congrats to you for being fotunate enough to have the seniority that keeps you off the street. Oh by the way my options are above water but thanks for your concern.

 

[B6Busdriver]

What happened to all the talk that JB was going to single handedly put all the legacy carriers out of business?

On another note, why don't you back up your statement? Silly little boys acting like tough guys on a message board don't count either. Show me who said it and when. A few guys talking tough on a message board and there you go making broad statements.

 

[MickeySlapnutz]

Why are none of you "men" concerned about the execution of that poor kitty. His blood is on all of your hands.

 

[1-tacan-rule]

That is exactly the point....

"...Its just not fare to compare airline A that does not pay for all those things against Airline B that does..."

It is absolutely fair to compare airline A to B. None of those details about how a company turns a profit really matters...all that matters is that they did profit (or lose).

I'll tell you what, if you want to asterisk the jB profits because of all the sweetheart deals...fine... let's asterisk other airlines profits who either aren't spending tons of money on training new hires (all the legacies, cause there ain't no newhires), or aren't paying tons of money to fly/feed/hotel pilot applicants (SWA, AT, FDX, etc..not to include jB) or dont' house/transport pilots while in initial training (no one except jB), or who don't buy each pilot laptops (no one except jB), or who don't ........(fill in the blank).

I'm not meaning to be a wise acre here. Just want to show that there are many things jB (or others, for that matter) could cut out to boost profits.

All those things don't matter....just whether or not a company gained or lost...

 

[PastFastMover]

SMMustang,

I too have holdings in my company and I'm confident in my investment. It's also my retirement.

Whoa, I hope it works out. There have been hundreds if not thousands of pilots that worked at a company and thought that their stock in that company would be their retirement. The landscape is literally laced with the dashed dreams. Like I said at first I hope it works out, but if it doesn't, my advice from over 30 years in this biz is to DIVERSIFY...DIVERSIFY...DIVERSIFY.

Why have all your eggs in one basket? The weasels can eat a hole in that basket before you know it.

Good luck!

 

[AA717driver]

Whoa, I hope it works out. There have been hundreds if not thousands of pilots that worked at a company and thought that their stock in that company would be their retirement. The landscape is literally laced with the dashed dreams. Like I said at first I hope it works out, but if it doesn't, my advice from over 30 years in this biz is to DIVERSIFY...DIVERSIFY...DIVERSIFY.

Why have all your eggs in one basket? The weasels can eat a hole in that basket before you know it.

Good luck!

I'm only down $30k on airline stocks... TC

 

[SMMustang]

SMMustang,

I too have holdings in my company and I'm confident in my investment. It's also my retirement. If you've lost confidence in the stock, liquidate. I bet there's enough investors out there who won't have any problem buying your shares. As I recall, there's always a disclaimer attached to every stock offering I've ever read. Be patient. Other than that, life is pretty good here.

The funny thing is, is that I'd have a harder time finding an invester now than I would've during the summer of 03 when I bought it.

You've missed my point through all the sarcasm. JB is not in as good a shape as the koolaid drinkers on this board pretend it is. I will keep the stock as a hedge on my legacy job, however, JB is not all that and then some as some people on this board would have you believe. I discuss my JB stock quite a bit with other folks (it is the only single stock I own---less than 3% of my total investment, so I know I'm not as in deep as JB personel) and the one thing I know aobut your company is that there are rougher times ahead and still some growing pains. Planes will get old, unions will try to infiltrate, people will be disenchanted with thier contracts (especially if the stock does stop it's nose dive). At some point the growth will go up against the likes of SWA. That will be a brutal bloody fight between those two, and if both plan on their continued growth, they will bump into each other.

 

[Falconjet]

You know, there ARE other stocks out there. Why don't you try some IBM or GE and hold on to them? Why does your backup have to be in the airline industry?

Also, I don't understand how we as pilots can sit around and bitch all day long about poor management but when one airline's management team does something brilliant (fuel hedges at SW) some people don't want to give them credit for it. The fact is SW used its CASH and business acumen to purchase fuel at prices that allowed it to turn a profit despite record low fares. Now that is smart management.

FJ

 

[flyhi92]

You know, there ARE other stocks out there. Why don't you try some IBM or GE and hold on to them?

Especially GE. I know this company well, and it will be $39-$42 by year end, and grow 10-15% a year. Like SWA, their management is top-notch.

 

[WOXOF]

Keep in mind that we are replying to a post by someone with the screen name of: Mickey Slapnutz.
Nuff said.

 

[SMMustang]

You know, there ARE other stocks out there. Why don't you try some IBM or GE and hold on to them? Why does your backup have to be in the airline industry?

Also, I don't understand how we as pilots can sit around and bitch all day long about poor management but when one airline's management team does something brilliant (fuel hedges at SW) some people don't want to give them credit for it. The fact is SW used its CASH and business acumen to purchase fuel at prices that allowed it to turn a profit despite record low fares. Now that is smart management.

FJ

I got plenty of $ in mutuals, but I'm not worried about IBM or GE putting my company out of business. JBLU is the only sole stock I own...and it isn't enough of an investment to spend that much worry over. I'm am only pointing out that JBLU is not the nirvana that the koolaid drinkers believe it is.

 

[MickeySlapnutz]

Keep in mind that we are replying to a post by someone with the screen name of: Mickey Slapnutz.
Nuff said.

Perhaps I should change my sceen name. Hows about Dingles McSausage or Dween Picklejuice? Plus I'll change my avatar to a cute little picture of a basket of puppy's.