Hawaiian Hiring FOs
05-24-2024, 08:15 AM
#541
Gets Weekends Off
Joined APC: Jul 2019
Posts: 106
With the way the conversions have been going I would guess that there might be 4 operational by end of year. There are still only 2 now, and one has barely been operational for a month.
The big question is what happens when August 5 comes. Will merger go thru without being contested? If it’s contested does HAL have enough financial credit to keep on losing 1.5 million a day, or do they pull the plug ?
If it’s not contested does Alaska start making operational decisions before the merger even goes through like to stop operating empty flights to and from other continents and paying people hundreds of thousands to continue inefficiencies causing the company to lose 1.5 million a day.
Does the freighter operation have enough meat on the bone to make it worth operating or is it another money losing operation that HAL management tries to spin as something profitable? (“right where we want to be” to make a direct snacks and facts quote).
Those are all big questions that only a few in the C-suite in Seattle know the answer to. Pretty sure the entire management team in HNL is just waiting to cash out their stock options at 12 or 18 a share and retire depending on what happens on Aug 5.
The big question is what happens when August 5 comes. Will merger go thru without being contested? If it’s contested does HAL have enough financial credit to keep on losing 1.5 million a day, or do they pull the plug ?
If it’s not contested does Alaska start making operational decisions before the merger even goes through like to stop operating empty flights to and from other continents and paying people hundreds of thousands to continue inefficiencies causing the company to lose 1.5 million a day.
Does the freighter operation have enough meat on the bone to make it worth operating or is it another money losing operation that HAL management tries to spin as something profitable? (“right where we want to be” to make a direct snacks and facts quote).
Those are all big questions that only a few in the C-suite in Seattle know the answer to. Pretty sure the entire management team in HNL is just waiting to cash out their stock options at 12 or 18 a share and retire depending on what happens on Aug 5.
As for losing money, with all of the investments in the company over the past few years, they anticipate an ROI over the next several months. The COO himself stated they forecast turning a profit either the third or fourth quarter of this year.
Lastly, something that is often omitted from the conversation is the fact we’re way larger as a pilot group now than pre Covid with less flying. Carrying the burden of 20% more pilots (for the Amazon push and 787) with less flying combined with massive training costs, etc makes it hard to turn a profit…This should equalize by the fourth quarter, with training fully tapering off by January.
05-26-2024, 05:38 PM
#542
Gets Weekends Off
Joined APC: Oct 2017
Posts: 3,230
If there is a problem you will hear about it much sooner. If the DOJ says nothing by 8/6/24 the deal is approved. Run a quick comparison for the JB/Spirit merger timeline against ours…the DOJ fought theirs from the beginning, this is not the case with ours… From what I’ve been hearing the process is moving along well, and both parties are very positive about prospect that merger will get approved
As for losing money, with all of the investments in the company over the past few years, they anticipate an ROI over the next several months. The COO himself stated they forecast turning a profit either the third or fourth quarter of this year.
Lastly, something that is often omitted from the conversation is the fact we’re way larger as a pilot group now than pre Covid with less flying. Carrying the burden of 20% more pilots (for the Amazon push and 787) with less flying combined with massive training costs, etc makes it hard to turn a profit…This should equalize by the fourth quarter, with training fully tapering off by January.
As for losing money, with all of the investments in the company over the past few years, they anticipate an ROI over the next several months. The COO himself stated they forecast turning a profit either the third or fourth quarter of this year.
Lastly, something that is often omitted from the conversation is the fact we’re way larger as a pilot group now than pre Covid with less flying. Carrying the burden of 20% more pilots (for the Amazon push and 787) with less flying combined with massive training costs, etc makes it hard to turn a profit…This should equalize by the fourth quarter, with training fully tapering off by January.
That would be unprecedented for the DOJ not to file a lawsuit against an airline merger.
I’ll say it again! There has never been a major airline merger in history that has not gotten away with out the DOJ attempting to block it… most of the time they settle before trial begins.
The question will really be instead if the DOJ settles (slots/gates distributed to other airlines)
-Mahalo
05-26-2024, 05:40 PM
#543
Gets Weekends Off
Joined APC: Apr 2022
Posts: 1,160
That would be unprecedented for the DOJ not to file a lawsuit against an airline merger.
I’ll say it again! There has never been a major airline merger in history that has not gotten away with out the DOJ attempting to block it… most of the time they settle before trial begins.
The question will really be instead if the DOJ settles (slots/gates distributed to other airlines)
-Mahalo
I’ll say it again! There has never been a major airline merger in history that has not gotten away with out the DOJ attempting to block it… most of the time they settle before trial begins.
The question will really be instead if the DOJ settles (slots/gates distributed to other airlines)
-Mahalo
Virgin-Alaska
Delta-Northwest
Southwest-AirTran
American-USAir
United-Continental
edit:
Frontier-Spirit probably had a chance
Last edited by PineappleXpres; 05-26-2024 at 05:50 PM.
05-26-2024, 07:34 PM
#545
Gets Weekends Off
Joined APC: Apr 2022
Posts: 1,160
05-30-2024, 08:38 AM
#546
Line Holder
Joined APC: Sep 2023
Position: 737 FO
Posts: 72
If there is a problem you will hear about it much sooner. If the DOJ says nothing by 8/6/24 the deal is approved. Run a quick comparison for the JB/Spirit merger timeline against ours…the DOJ fought theirs from the beginning, this is not the case with ours… From what I’ve been hearing the process is moving along well, and both parties are very positive about prospect that merger will get approved
As for losing money, with all of the investments in the company over the past few years, they anticipate an ROI over the next several months. The COO himself stated they forecast turning a profit either the third or fourth quarter of this year.
Lastly, something that is often omitted from the conversation is the fact we’re way larger as a pilot group now than pre Covid with less flying. Carrying the burden of 20% more pilots (for the Amazon push and 787) with less flying combined with massive training costs, etc makes it hard to turn a profit…This should equalize by the fourth quarter, with training fully tapering off by January.
As for losing money, with all of the investments in the company over the past few years, they anticipate an ROI over the next several months. The COO himself stated they forecast turning a profit either the third or fourth quarter of this year.
Lastly, something that is often omitted from the conversation is the fact we’re way larger as a pilot group now than pre Covid with less flying. Carrying the burden of 20% more pilots (for the Amazon push and 787) with less flying combined with massive training costs, etc makes it hard to turn a profit…This should equalize by the fourth quarter, with training fully tapering off by January.
05-30-2024, 08:48 AM
#547
Gets Weekend Reserve
Joined APC: Jul 2007
Posts: 3,763
What were the odds that both MAX and 321neo would have issues serious enough to affect staffing at the same time?
05-30-2024, 09:31 AM
#548
Gets Weekends Off
Joined APC: Apr 2022
Posts: 1,160
This. Also we have all of our Neos flying. We are ahead of the curve because our a/c were newer than Spirits. Still hurt last year though.
05-30-2024, 10:32 AM
#549
Line Holder
Joined APC: Sep 2023
Position: 737 FO
Posts: 72
Thanks for the response/info
05-30-2024, 10:34 AM
#550
Line Holder
Joined APC: Jan 2024
Posts: 64
I don't think it's that high anymore. Like was said above, the 321 flying is back all the way. We are behind projected deliveries by a few 330 Freighters and maybe two 787s, so that is causing some overstaffing still.
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