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Old 01-20-2015, 01:18 PM
  #176311  
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Originally Posted by Gearjerk
This might be a crazy idea, so don't 'tar & feather' me for the comment. Before I ask the possible absurdity, let me say that I am in no way, shape or form advocating concessions or any other give-back for a lesser pay-out at the end of the year. (Including monthly performance bonuses, profit sharing, hourly pay rate increases, etc.)

What if 'WE' (pilot [contract] employees) were able to receive stock-options, in the form of incentive pay, similar to how RA & sleepy-Ed receive stock options today? It automatically takes the "cost" of profit-sharing payouts for contract employees off the table, but still offers us the equivalent or greater pay-out, depending on what we choose to do with these options? (Theoretically, it could even increase our 'incentivized' pay-out.) All hidden behind the veil of 'stock' versus 'cash pay-out' for the greedy investors on Wall Street, who want to see the Corporate cash for themselves.

Just an idea to get a greater amount of money, without seeing it as cash, or allowing Uncle Sam to touch it at a higher tax rate. (Assuming people don't contribute 100% to their DPSP.)

Just an idea. Blast away!

GJ
With them trying to buyback stock, my guess is further dilution would be off the table.
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Old 01-20-2015, 01:18 PM
  #176312  
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No. Been there, done that. Ended up being worthless
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Old 01-20-2015, 01:24 PM
  #176313  
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Default Finally a Subway to LGA!?

Cuomo Proposes Train Link to La Guardia Airport


Michael M. Grynbaum
3 Hours Ago
The New York Times

Gov. Andrew M. Cuomo on Tuesday proposed the construction of an elevated AirTrain to La Guardia Airport, the first mass transit link to an airfield long lamented for its relatively isolated location in Queens.
The proposed train would connect with the No. 7 subway line and the Long Island Rail Road at an expanded terminal in Willets Point in Queens, alongside Citi Field and the U.S. Open tennis center.
The elevated train, similar to the AirTrains used to reach Kennedy Airport and Newark Liberty International Airport, would cost about $450 million to build and run for 1.5 miles along the Grand Central Parkway, the governor's office said.
LaGuardia Airport, New York City
Mehdi Taarmallah | AFP | Getty Images
LaGuardia Airport, New York City
When the train would start operating, however, is uncertain. "I would not venture a guess to the timing," Mr. Cuomo said on Tuesday, shortly after unveiling the plan at a breakfast speech in Midtown Manhattan.
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The governor said his office needed "a couple of months to work up the design" of the train before a solid timetable could be established. Aides to the governor said later that the train could be operational within five years.
Air passengers must travel to La Guardia by car or bus, a rarity among airports in major global cities, which are commonly served by trains or other forms of mass transit. Mr. Cuomo described the current situation as "inexcusable."
Proposals for a train to La Guardia have been floated in transportation circles for years, if not decades. Other plans have included extending the N and R subway line from Astoria to the airport, or building a transit link from a station in Woodside, Queens.
Read MoreDubai replaces Heathrow as busiest airport
Mr. Cuomo's plan, although lacking some key details for implementation, received a warm reception on Tuesday.
"This is a breakthrough," said Mitchell L. Moss, director of the Rudin Center for Transportation at New York University. "They may need to rename La Guardia after Cuomo."
The governor said his office would also explore redesigning the terminals at La Guardia, which Vice President Joseph R. Biden Jr. recently compared to the facilities at a third-world country. Mr. Cuomo called the airport a "bad use of space," and proposed, among other ideas, a high-speed ferry link from Manhattan and a new slate of departure-gate restaurants.
"I'm partial to Peter Luger," Mr. Cuomo said during his speech, referring to the famed Brooklyn steakhouse, whose logo appeared in a digital image of the proposed revamp projected on a screen by his side.
Read MoreThe most on-time airline? It's gone now
"As governor," Mr. Cuomo added, "you get a few prerogatives."
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Old 01-20-2015, 01:53 PM
  #176314  
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Originally Posted by sailingfun
They did have some interesting fleet observations and possible changes.
OK, there's the carrot…. What did they have to say about said changes?
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Old 01-20-2015, 02:32 PM
  #176315  
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Originally Posted by Gearjerk
This might be a crazy idea, so don't 'tar & feather' me for the comment. Before I ask the possible absurdity, let me say that I am in no way, shape or form advocating concessions or any other give-back for a lesser pay-out at the end of the year. (Including monthly performance bonuses, profit sharing, hourly pay rate increases, etc.)

What if 'WE' (pilot [contract] employees) were able to receive stock-options, in the form of incentive pay, similar to how RA & sleepy-Ed receive stock options today? It automatically takes the "cost" of profit-sharing payouts for contract employees off the table, but still offers us the equivalent or greater pay-out, depending on what we choose to do with these options? (Theoretically, it could even increase our 'incentivized' pay-out.) All hidden behind the veil of 'stock' versus 'cash pay-out' for the greedy investors on Wall Street, who want to see the Corporate cash for themselves.

Just an idea to get a greater amount of money, without seeing it as cash, or allowing Uncle Sam to touch it at a higher tax rate. (Assuming people don't contribute 100% to their DPSP.)

Just an idea. Blast away!

GJ
Been there, done that. Managed to sell two of the three stock awards. I've still go the third in a file somewhere. Would you like it to paper your den?

Move on to next idea.
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Old 01-20-2015, 02:39 PM
  #176316  
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Originally Posted by duder
Cuomo Proposes Train Link to La Guardia Airport
Taxi mafia won't like that. The construction mafia will love it. Guaranteed it costs $1B and takes 10 years. Should have been done 50 years ago. Curious why the *governor* is proposing this, wouldn't this seem to be the mayor's bailiwick?
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Old 01-20-2015, 02:53 PM
  #176317  
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Disregard......................................... ......
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Old 01-20-2015, 04:00 PM
  #176318  
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Question from the uninitiated:

Does the Company require a form to be filled out when a Pilot refuses an extension under 117.

Not looking for answers regarding *extensions as we used to know them, but extending duty day as a line holder under 117.
Thanks!
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Old 01-20-2015, 04:29 PM
  #176319  
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Originally Posted by Gearjerk
This might be a crazy idea, so don't 'tar & feather' me for the comment. Before I ask the possible absurdity, let me say that I am in no way, shape or form advocating concessions or any other give-back for a lesser pay-out at the end of the year. (Including monthly performance bonuses, profit sharing, hourly pay rate increases, etc.)

What if 'WE' (pilot [contract] employees) were able to receive stock-options, in the form of incentive pay, similar to how RA & sleepy-Ed receive stock options today? It automatically takes the "cost" of profit-sharing payouts for contract employees off the table, but still offers us the equivalent or greater pay-out, depending on what we choose to do with these options? (Theoretically, it could even increase our 'incentivized' pay-out.) All hidden behind the veil of 'stock' versus 'cash pay-out' for the greedy investors on Wall Street, who want to see the Corporate cash for themselves.

Just an idea to get a greater amount of money, without seeing it as cash, or allowing Uncle Sam to touch it at a higher tax rate. (Assuming people don't contribute 100% to their DPSP.)

Just an idea. Blast away!

GJ

Not blasting.

However, it is likely too dilutive.

Being that whenever they eructate, hundreds float out by the Sherpa sized backpack loads.

This fact makes profit sharing our best bet.

It's contractual. We have to willingly give it up.
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Old 01-20-2015, 04:54 PM
  #176320  
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Originally Posted by unit monster
Question from the uninitiated:

Does the Company require a form to be filled out when a Pilot refuses an extension under 117.

Not looking for answers regarding *extensions as we used to know them, but extending duty day as a line holder under 117.
Thanks!
Yes. Also required to talk to duty pilot and telm him why you are refusing? Extending is considered the norm and is expected.
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