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Old 04-23-2023, 10:42 AM
  #221  
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Originally Posted by Carebear
Alaska can’t even properly staff the current fleet, let alone a full Boeing fleet by the end of the year, and you want them to get a fleet of widebodies to compete on international markets? To compete with Delta out of Seattle? Let me know when a pilot takes the helm at CEO, so I can short ALK stock to bankruptcy.
Don’t disagree at all with this. But the way this management puts their “record profits” directly in their wallets is going to be something that I personally believe comes back to bite them. Being valuable only goes so far when you’re a regional airline. This is a completely different industry than it was 20 years ago.
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Old 04-23-2023, 02:52 PM
  #222  
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Yeah management did a terrible job being the #1 carrier in profit margin last year. Definitely headed towards bankruptcy with record profits and balance sheet loaded with cash.
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Old 04-23-2023, 05:47 PM
  #223  
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Originally Posted by CordovaCA
Yeah management did a terrible job being the #1 carrier in profit margin last year. Definitely headed towards bankruptcy with record profits and balance sheet loaded with cash.
This group responds only with their emotions, they struggle with real facts. We are in a death spiral… their is no hope for Alaska🙄😂😂
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Old 04-23-2023, 07:28 PM
  #224  
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Originally Posted by CordovaCA
Yeah management did a terrible job being the #1 carrier in profit margin last year. Definitely headed towards bankruptcy with record profits and balance sheet loaded with cash.
Yeah. About that profit margin...
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Old 04-23-2023, 11:18 PM
  #225  
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Simple enough really. Alaska Airlines does not want to be a great airline or even a good airline. They want to be a great return on invested credit. They dont want to be a great career airline or a major player or to grow their footprint. Those things have little to nothing to do with great ROIC. They are likely the best in the ROIC airline game…. Over the long stretch. Makes the realization that you work for a boutique investment firm that happens to have airplanes a little bitter. PNW ers seem to swallow that pill better than most. If you happen to be invited into the club then you will definitely experience a pseudo-airline career with decent career potential. If you are looking for the niceties and consistencies of an airline being run as an airline you might not find what you are looking for.
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Old 04-24-2023, 03:45 AM
  #226  
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Originally Posted by GoodJet
Yeah. About that profit margin...
I'm assuming you're referring to the recent q1 loss results. You do realize we lost more q1 of 2022?
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Old 04-24-2023, 03:47 AM
  #227  
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Originally Posted by 9mikemike
Simple enough really. Alaska Airlines does not want to be a great airline or even a good airline. They want to be a great return on invested credit. They dont want to be a great career airline or a major player or to grow their footprint. Those things have little to nothing to do with great ROIC. They are likely the best in the ROIC airline game…. Over the long stretch. Makes the realization that you work for a boutique investment firm that happens to have airplanes a little bitter. PNW ers seem to swallow that pill better than most. If you happen to be invited into the club then you will definitely experience a pseudo-airline career with decent career potential. If you are looking for the niceties and consistencies of an airline being run as an airline you might not find what you are looking for.
Blah blah blah
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Old 04-24-2023, 07:16 AM
  #228  
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Originally Posted by FreqFlyer
Y’all understand you sound like whiny children complaining about their parents right? Hahahaha
BEN!!! Welcome to the discussion!!

FTR…. I’m happy here! I’m just saying I think running much more of an airline than we currently, they’d be beyond their depth. Turns out, two things can be true at the same time. You can both be happy, AND, still make a critical statement.

Last edited by av8or; 04-24-2023 at 07:27 AM.
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Old 04-24-2023, 08:21 AM
  #229  
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Originally Posted by CordovaCA
I'm assuming you're referring to the recent q1 loss results. You do realize we lost more q1 of 2022?
No. That isn't what I was referring to at all. I was trying to be subtle. I see that isn't working.

Personally, I'm not a fan of how my labor was undervalued to create such a profit margin. It's clear where you stand on this issue so there isn't much point in discussing specifics.
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Old 04-24-2023, 11:40 AM
  #230  
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Originally Posted by GoodJet
No. That isn't what I was referring to at all. I was trying to be subtle. I see that isn't working.

Personally, I'm not a fan of how my labor was undervalued to create such a profit margin. It's clear where you stand on this issue so there isn't much point in discussing specifics.
My stance is we should get paid as much as possible based on what we are worth. Isn't that where you stand? I think we did pretty well last year. If you include 10.5% PBP we were the highest paid 737 operators in the world. I'm currently on track to close in on 450-500k this year including DC.

It's really unfortunate you feel so mistreated and undervalued by Alaska. Never before in the history of aviation have there been more opportunities to leave. It's not worth being unhappy! Perhaps the grass is greener at another carrier? I definitely don't think that it is but clearly you have a different view.
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