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Old 08-15-2024, 12:54 PM
  #831  
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Originally Posted by Rama
The market is optimistic. HA up to 16 today.
For perspective.

Spirit stock just prior to a cash out price of $33.50/share was trading at under $17.00/share just prior to the block. I’m sure there were some publications leading up to it that gave a grim picture and when it was blocked it dropped to below $8.00/ share. Compare that to ours today.
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Old 08-16-2024, 11:43 AM
  #832  
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Originally Posted by PineappleXpres
Compare that to ours today.
Yes. It was $48-$50 a share just a few years ago. Remember when we had a B.O.D. that liked making money? It's a group effort. This wasn't one person's doing.
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Old 08-16-2024, 12:23 PM
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Originally Posted by Hawaiian 5O
Yes. It was $48-$50 a share just a few years ago. Remember when we had a B.O.D. that liked making money? It's a group effort. This wasn't one person's doing.
It’s a merger market confidence conversation. Not a back in the good old days convo.
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Old 08-16-2024, 03:39 PM
  #834  
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Originally Posted by PineappleXpres
It’s a merger market confidence conversation. Not a back in the good old days convo.
Let's not forget that every airline was shoving every spare dollar into buybacks and dividends during that time.

Share prices were sky high across the board. Artificially so.
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Old 08-16-2024, 05:15 PM
  #835  
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Originally Posted by ReluctantEskimo
Let's not forget that every airline was shoving every spare dollar into buybacks and dividends during that time.

Share prices were sky high across the board. Artificially so.
Wun-Hundo

filler…
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Old 08-19-2024, 11:07 PM
  #836  
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Merger is on smooth sailin! Let's gooooooooo
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Old 08-20-2024, 10:21 AM
  #837  
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Originally Posted by PurringRaccoon
Merger is on smooth sailin! Let's gooooooooo
Maybe for the legal teams, for everyone else, now the rough waters - JCBA and operational moves. The history of BM is that he is a businessman and not necessarily great for the workers. HA realizes their FAs are the face of the company to the people and they value that, ALK does not treat their FAs the same as HA, I think it shows...I listened to a rambling FA on ALK who felt having the PA was his chance to have atention and then talk about putting bags in the overhead and talking about the wheels on a rollaboard feeling the need to condescendingly explain that those are the round things on the bottom of the rollaboard, something you would never hear on an HA flight. I am not sure I blame them with how management treats them though. The last pilot contract at ALK was fought against management with the pilots just about ready to burn the airline to the ground, HA contract was nothing like that. The pilots groups are now renegotiating contracts at a time when the economy is cooling rapidly, bookings are down, airplane deliveries slowed and both pilot groups overstaffed, not the best time to renogatiate a contract. The bottom of the seniority list has the most to lose and the longest time period of this merger and JCBA affecting them, yet it will be decided a lot by the older. HA pilot desires that conflict with ALK pilot desires will be 1:3 outnumbered in voting. HA has more growth planned with 8 to estimate of 30 more freighters planned over the next few years and 787 growth. That growth will now be spread across 4x the amount of people in terms of seniority progression and opportunities, so things will slow down considerably. Freight may get sold off, anyone's guess, but ALK never had desires to work for Amazon, that would cause an even greater overstaffing issue. The company will start posturing to leverage the contract negotiations as soon as they think it is clear (DOT approval) to do so, BM is Possible furloughs coming possibly to further pressurize and leverage the negotiations towards concessions from the pilot groups. The promises BM stated to assure folks about the merger will quickly be forgotten by him and the SEA management and big moves will occur, including aircraft locations and a possible shrinking of the current money pit of HNL. I am guessing HNL will become a senior base in a few years. He has no legal binding to keep or grow the union base in HNL, that was a campaign promise to facilitate the deal and since the DOJ and the State of Hawaii had zero concessions that had to be made to not try to block the merger there is zero holding him to that, and when challenged he will economic conditions changed, etc. etc. and do what he intends to do regardless of what he stated. It was touted as being good for the Hawaiian people, but interisland that the locals depend upon, will likely change dramatically when the 717 retires and probably not HNL based. Nothing smooth about what is coming, if you chose HA because the work envirnoment and people, that will change over time, and if you chose HA to live in Hawaii and are junior that may change as well. The discriminators for choosing Hawaiian are now gone and it will become just another airline, which is fine, instead of enjoying going to work, it will just be going to work, a job. To me it didn't feel like a job, but a job is better than no job so here's to hoping it is not as rough as I think it will become.
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Old 08-20-2024, 10:46 AM
  #838  
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Originally Posted by GreenPatures
Maybe for the legal teams, for everyone else, now the rough waters - JCBA and operational moves. The history of BM is that he is a businessman and not necessarily great for the workers. HA realizes their FAs are the face of the company to the people and they value that, ALK does not treat their FAs the same as HA, I think it shows...I listened to a rambling FA on ALK who felt having the PA was his chance to have atention and then talk about putting bags in the overhead and talking about the wheels on a rollaboard feeling the need to condescendingly explain that those are the round things on the bottom of the rollaboard, something you would never hear on an HA flight. I am not sure I blame them with how management treats them though. The last pilot contract at ALK was fought against management with the pilots just about ready to burn the airline to the ground, HA contract was nothing like that. The pilots groups are now renegotiating contracts at a time when the economy is cooling rapidly, bookings are down, airplane deliveries slowed and both pilot groups overstaffed, not the best time to renogatiate a contract. The bottom of the seniority list has the most to lose and the longest time period of this merger and JCBA affecting them, yet it will be decided a lot by the older. HA pilot desires that conflict with ALK pilot desires will be 1:3 outnumbered in voting. HA has more growth planned with 8 to estimate of 30 more freighters planned over the next few years and 787 growth. That growth will now be spread across 4x the amount of people in terms of seniority progression and opportunities, so things will slow down considerably. Freight may get sold off, anyone's guess, but ALK never had desires to work for Amazon, that would cause an even greater overstaffing issue. The company will start posturing to leverage the contract negotiations as soon as they think it is clear (DOT approval) to do so, BM is Possible furloughs coming possibly to further pressurize and leverage the negotiations towards concessions from the pilot groups. The promises BM stated to assure folks about the merger will quickly be forgotten by him and the SEA management and big moves will occur, including aircraft locations and a possible shrinking of the current money pit of HNL. I am guessing HNL will become a senior base in a few years. He has no legal binding to keep or grow the union base in HNL, that was a campaign promise to facilitate the deal and since the DOJ and the State of Hawaii had zero concessions that had to be made to not try to block the merger there is zero holding him to that, and when challenged he will economic conditions changed, etc. etc. and do what he intends to do regardless of what he stated. It was touted as being good for the Hawaiian people, but interisland that the locals depend upon, will likely change dramatically when the 717 retires and probably not HNL based. Nothing smooth about what is coming, if you chose HA because the work envirnoment and people, that will change over time, and if you chose HA to live in Hawaii and are junior that may change as well. The discriminators for choosing Hawaiian are now gone and it will become just another airline, which is fine, instead of enjoying going to work, it will just be going to work, a job. To me it didn't feel like a job, but a job is better than no job so here's to hoping it is not as rough as I think it will become.
As HA pilots (former), we have every incentive to drag this out. Can’t speak to those at Alaska. No significant changes can occur until a JCBA, SLI, or a single operating certificate. By the time significant changes can occur, maybe Boeing will be back on track and there will be attrition of all kinds.

The biggest question is how big the freight ops gets before the company can make a call on it one way or the other.
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Old 08-20-2024, 10:54 AM
  #839  
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Originally Posted by PineappleXpres
As HA pilots (former), we have every incentive to drag this out. Can’t speak to those at Alaska. No significant changes can occur until a JCBA, SLI, or a single operating certificate. By the time significant changes can occur, maybe Boeing will be back on track and there will be attrition of all kinds.

The biggest question is how big the freight ops gets before the company can make a call on it one way or the other.
Unfortunately I don't think LP or DG will see it that way. They will want their 9% pay bump and have shown in the past they don't care about anyone below 50%. I don't think they're going to drag this thing out.
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Old 08-20-2024, 10:54 AM
  #840  
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Originally Posted by GreenPatures
Maybe for the legal teams, for everyone else, now the rough waters - JCBA and operational moves. The history of BM is that he is a businessman and not necessarily great for the workers. HA realizes their FAs are the face of the company to the people and they value that, ALK does not treat their FAs the same as HA, I think it shows...I listened to a rambling FA on ALK who felt having the PA was his chance to have atention and then talk about putting bags in the overhead and talking about the wheels on a rollaboard feeling the need to condescendingly explain that those are the round things on the bottom of the rollaboard, something you would never hear on an HA flight. I am not sure I blame them with how management treats them though. The last pilot contract at ALK was fought against management with the pilots just about ready to burn the airline to the ground, HA contract was nothing like that. The pilots groups are now renegotiating contracts at a time when the economy is cooling rapidly, bookings are down, airplane deliveries slowed and both pilot groups overstaffed, not the best time to renogatiate a contract. The bottom of the seniority list has the most to lose and the longest time period of this merger and JCBA affecting them, yet it will be decided a lot by the older. HA pilot desires that conflict with ALK pilot desires will be 1:3 outnumbered in voting. HA has more growth planned with 8 to estimate of 30 more freighters planned over the next few years and 787 growth. That growth will now be spread across 4x the amount of people in terms of seniority progression and opportunities, so things will slow down considerably. Freight may get sold off, anyone's guess, but ALK never had desires to work for Amazon, that would cause an even greater overstaffing issue. The company will start posturing to leverage the contract negotiations as soon as they think it is clear (DOT approval) to do so, BM is Possible furloughs coming possibly to further pressurize and leverage the negotiations towards concessions from the pilot groups. The promises BM stated to assure folks about the merger will quickly be forgotten by him and the SEA management and big moves will occur, including aircraft locations and a possible shrinking of the current money pit of HNL. I am guessing HNL will become a senior base in a few years. He has no legal binding to keep or grow the union base in HNL, that was a campaign promise to facilitate the deal and since the DOJ and the State of Hawaii had zero concessions that had to be made to not try to block the merger there is zero holding him to that, and when challenged he will economic conditions changed, etc. etc. and do what he intends to do regardless of what he stated. It was touted as being good for the Hawaiian people, but interisland that the locals depend upon, will likely change dramatically when the 717 retires and probably not HNL based. Nothing smooth about what is coming, if you chose HA because the work envirnoment and people, that will change over time, and if you chose HA to live in Hawaii and are junior that may change as well. The discriminators for choosing Hawaiian are now gone and it will become just another airline, which is fine, instead of enjoying going to work, it will just be going to work, a job. To me it didn't feel like a job, but a job is better than no job so here's to hoping it is not as rough as I think it will become.
Off the top of my head I believe we have 24 month furlough protection and combined HA and AS block hours can’t decrease.
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