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Old 10-27-2023, 01:54 PM
  #251  
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Originally Posted by UpwardInflow
Wall Street is a fortune teller, and it sure thinks the sky is falling.


LOL, show me one airline that’s stock is doing well. I’ll wait. Even DAL is down over 50% from 2019. I guess every airline pilot’s fortune is bleak. My goodness I don’t know why I waste my time looking at this website.
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Old 10-27-2023, 04:19 PM
  #252  
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Originally Posted by SFA320
My goodness I don’t know why I waste my time looking at this website.
I can’t tell you how many times I say the same thing to myself yet here I am again.
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Old 11-21-2023, 11:03 PM
  #253  
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[QUOTE=Stayontarget;3716310]

We are still growing like a weed. Could it change? Certainly. Will it? TBD. I don’t claim to see the future as confidently as others. I’m certainly not going to upend my life over 1 quarter with loss.

Foundations great man. I took a HUGE paycut to come to F9 and it has worked out excellent for my family. Truly. To go to United would be forcing myself into commuting.

The senority list is not exactly Blowing up. for the Thousand or so pilots we have hired in the past few years we are up~200.
That was before operation Bi-polar schizophrenic. The retention has always been a problem. that said things keep getting worse and worse. About 80% of the FO's I fly with are leaving. The ones that are not don't seem to forward thinking or live ontop the seniority list.

I was just reading a post from someone who wasn't considering F9 until we opend the CLE base ,and I find myself thinking we are going to open 3 more bases before you finish class what makes you think you can even get CLE. Once it fills up with new hires who rent apartments he would be lucky just to get a slot inside of a year.
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Old 11-27-2023, 02:19 PM
  #254  
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Originally Posted by BagMan
I was just reading a post from someone who wasn't considering F9 until we opend the CLE base ,and I find myself thinking we are going to open 3 more bases before you finish class what makes you think you can even get CLE. Once it fills up with new hires who rent apartments he would be lucky just to get a slot inside of a year.
The Allegiant model we're following is a survival tactic. Since about 2018, we have clearly been targeting AA but now they have their feces collacted and are working out solutions to their debt. And, the longer contract negotiations drag out is the longer mid/jr CAs and FO have to contemplate/make the jump there and make up the seniority $ loss. So, the AA market share confiscation plan didn't work.

Then, the brilliant plan to purchase NK got trumped by a more desparate airline. Consolation prize was that JB overpaid and there was a $100M payout but ultimately that didn't work either.

Now, UA is offering street CA practically and have opened up bases in Vegas and Orlando. UA has clearly targeted our pilots and now DEN, LAS and MCO bases may see some retention issues.

We tried to expand in DEN by buying gates (w/o jet bridges mind you) but fornicated the dog horribly with that and the lack of city of DEN planning.

Despite the utterly poor mgt decision making, we still find a way to make money in some quarters (and probably will for this one we're in now).

Fortunately (or unfortunately depending on how you view it), there are still tons of "tricks" to try. Multiple bases and day trips is just the next one. This move will probably make up some ground in the short term but will be countered by the big 3/SW in the near future to where our mgt will cook up some new idea.

I'm really surprised we don't haul cargo yet.
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Old 11-27-2023, 02:54 PM
  #255  
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I'm really surprised we don't haul cargo yet.[/QUOTE]

That’s not a bad idea. Apparently the 320/321 cargo version is the next best thing. I haven’t seen any in person.

https://aircraft.airbus.com/en/aircr...eighter-family
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Old 11-27-2023, 02:58 PM
  #256  
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I get that the Union reps wanted to include Southwest as one of our peer airlines, but their contract is almost 4 years out of date and, if I got this right, they didn't account for the TFP conversion which multiplied by 1.149 puts there 12 yr CPT "hourly rate" at $324.30 per hour and 12 yr FO at $226.99. So when you look at the comparisons we are even further below "the pattern" than shown in the comparison that ALPA put out.
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Old 11-27-2023, 03:25 PM
  #257  
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Originally Posted by I like BIG Bus
I get that the Union reps wanted to include Southwest as one of our peer airlines, but their contract is almost 4 years out of date and, if I got this right, they didn't account for the TFP conversion which multiplied by 1.149 puts there 12 yr CPT "hourly rate" at $324.30 per hour and 12 yr FO at $226.99. So when you look at the comparisons we are even further below "the pattern" than shown in the comparison that ALPA put out.
Good point.

I just looked over the comparison again myself and everytime I do, I realize yet some other area we are behind in.
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Old 11-27-2023, 04:08 PM
  #258  
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are Delta rates a possibility. Yes, legit question. If a fight for pay is going to be made, the fight might as well be top tier
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Old 11-27-2023, 04:19 PM
  #259  
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Originally Posted by hercretired
are Delta rates a possibility. Yes, legit question. If a fight for pay is going to be made, the fight might as well be top tier
I'm probably in the minority with this thinking but to me, the rate really isn't even up for discussion. The Big 3 basically all have the same rates for 319/320/321/neo/737 and EVERY other airline that doesn't yet have those rates negotiates before we do.

I'm thinking by the time we do get to that portion of the contract, it'll be difficult for the company to argue against what just about everyone else has. It's why i'm not stressing on how long negotiations go...

Now, that could backfire if we as a pilot group justify less behind some ridiculous thought process of drop/swap/trade items and the like...
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Old 11-27-2023, 07:34 PM
  #260  
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Originally Posted by dracir1
I'm probably in the minority with this thinking but to me, the rate really isn't even up for discussion. The Big 3 basically all have the same rates for 319/320/321/neo/737 and EVERY other airline that doesn't yet have those rates negotiates before we do.

I'm thinking by the time we do get to that portion of the contract, it'll be difficult for the company to argue against what just about everyone else has. It's why i'm not stressing on how long negotiations go...

Now, that could backfire if we as a pilot group justify less behind some ridiculous thought process of drop/swap/trade items and the like...
I want to agree with you because that's sound logic, but we did accept lower rates than the legacy airlines last time.

We do however have a few things in our contract that are better than the legacies and there's sums small cost for that.
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