Virgin America cleared to fly!!!

[The Victors]

Do you mean Milton Burle?

 

[taylor01]

My prediction,

With the economy slowing, and it is thats not a guess, and the addition of new capacity at every major airline not to mention LCC, capacity will out paced demand. If this hold true for another year, you will see most amjor posting losses again. For a company, not just an airline but any company, to have 3 billion in revenue and post a profit in the 20 - 50 mm range is horrible. Granted it not a loss, but there isnt much wiggle room either.

All airlines need to watch domestic capacity and demand growth as if it is the last parachute in a burning plane. maintianing load factors in the 79% + range while at the same time not engaging in price wars will be essential for all carriers if they are to survive in this industry for the long term.

 

[AA717driver]

Do you mean Milton Burle?

Berle... Henny Youngman must be spinning in his grave. TC

 

[Phaedrus]

I prefer Dante.
For the aspirant--
"All hope abandon, ye who enter here."
For the defunct airlines--
" As fall the light autumnal leaves, one still the other following, till the bough strews all its honors."
For the deregulation haters--
" No greater grief than to remember days of joy when misery is at hand."
For those who but for the grace of God go--
" Thou shall know by experience how salt the savor is of others' bread, and how sad a path it is to climb and descend another's stairs."

 

[Lear70]

For the deregulation haters--
" No greater grief than to remember days of joy when misery is at hand."

That's about the most poignant and accurate sentiment ever spoken on that topic.

 

[Cappy]

VA is Virgin Atlantic

Those are not Virgin America rates.

$85 / hour for captains is the number I've heard.

The rate is $115/hr.

 

[Jonny Sacko]

• From Airline Pilot Central
• Received DOT approval in May to begin operations in summer
• Tentatively planning on serving several Canadian cities
• Hourly pay rates: $95/hr for captains, $44/hr for FOs
• Upgrading captains return to Year 1 pay
• Monthly guarantee unknown
• Upgrade to captain is merit-based
• $5/hr yearly raise
• Two 5-day blocks of vacation per year
• Focus will be on transcons
• Inaugural route: SFO-JFK
• Fleet plans: 34 A319/A320s
• Eight seats will be First Class
• A319/A320 proposed interiors
• Chairman of Virgin America is Donald Carty, ex-AMR CEO
• This page last updated: May 19, 2007

http://www.airlinepilotcentral.info
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Furlough

 

[AA717driver]

A good friend is currently employed by Virgin America as a line captain. His pay is $95/hr. at 70 hour guarantee (since they aren't flying yet). He's sitting at home now collecting that pay.

The $115/hr. may be for the check airmen. TC

P.S.--They have no shortage of applicants now that the USAir arbitration is out.

 

[Lear70]

P.S.--They have no shortage of applicants now that the USAir arbitration is out.

Sad, but I'm sure very true.

 

[Beetle007]

How come nobody bitches when a new gas station comes to town and lowers prices or Lowes or The Home Depot or other big box retailers????????? Free enterprise baby, let er rip!!!!!!! Aint this a great country????
p.s. I am not working for VA

In Minnesota it is illegal to sell gas for less than the actual costs. The law is designed to prevent predatory pricing.

You praise free enterprise but the airline industry is far from free. It is almost impossible to get the government to approve a merger of two healthy airlines.