Virgin America hiring pilots again, 2013
#71
Gets Weekends Off
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Joined APC: Dec 2005
Posts: 8,938
I have heard that VX's line schedules have high day off counts-- maybe due to low block counts across the board? I don't know, can only speculate. I would like to know their work rules in regard to month-to-month transition conflicts, vacation bid conflicts, notification of junior assignments, etc. You know-- the stuff that supplements an hourly rate.
Originally Posted by SUX4U
So, how popular will this job opening be for current RJ captains compared to RJ FO's? Would be interesting to see what type of back grounds people are applying with to make the jump to Virgin with all the potential hardships on the horizon...
Originally Posted by Moby Dick
Looks a lot like the old Eastern Airlines formula for success. Look where that got them.
VX was founded to provide U.S. domestic feed for VA. Now that VA is partnered with DAL, what is the rationale for VX's existence? There is none.
Branson will be pulling his money out soon. Even he can't afford to pour money down a rat hole forever.
VX was founded to provide U.S. domestic feed for VA. Now that VA is partnered with DAL, what is the rationale for VX's existence? There is none.
Branson will be pulling his money out soon. Even he can't afford to pour money down a rat hole forever.
Last edited by ShyGuy; 01-20-2013 at 09:20 PM.
#72
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
#74
Where do you come up with this? That is utterly a false statement. VX is owned by several entities. Branson owns the maximum allowed under US law, which is 49%. The rest of the 51% (majority) is US-owned with investment group Cyrus capital. Before Spirit IPOed, wasn't it owned by two different investment groups? Black canyon something? This is the same thing, except Branson owns 49% and Cyrus capital (USA company) owns the majority. Next, the controlling share issue. Branson owns the maximum allowed for a foreigner controlling share: 25%. 75% of the controlling share is owned by American citizens. There is NO illegal ownership from foreigners at VX! VX had to prove its case and show lots of internal information, and even fire Fred Reid, to be approved by the DOT.
Your statement is silly. Just as claiming that a Virgin Atlantic pilot is now pi$$ed that Virgin Atlantic is now an illegally foreign owned carrier, due to the 49% buyout by Delta. Delta has not done anything illegal, it bought a 49% of Virgin Atlantic. Branson has 49% of Virgin America.
And for the last part, I think the decision being made now with the new VP are more financially responsible than before. Losing the money VX has with 52 airplanes over 6 years (2007-2012), how can you go down the same road with another 60 over the next 7 years? You just can't, so they are making changes. The growth slowdown will help the bottom line. Route changes are slowly coming, and you should see that in the next year.
Your statement is silly. Just as claiming that a Virgin Atlantic pilot is now pi$$ed that Virgin Atlantic is now an illegally foreign owned carrier, due to the 49% buyout by Delta. Delta has not done anything illegal, it bought a 49% of Virgin Atlantic. Branson has 49% of Virgin America.
And for the last part, I think the decision being made now with the new VP are more financially responsible than before. Losing the money VX has with 52 airplanes over 6 years (2007-2012), how can you go down the same road with another 60 over the next 7 years? You just can't, so they are making changes. The growth slowdown will help the bottom line. Route changes are slowly coming, and you should see that in the next year.
C'mon....mannn.
I get that you are propping up your new carrier. But you gotta call a spade a spade. You can quote me ownership percentages until the cows come home, if you don't think that Sir Dick has been doing a healthy amount of "propping up" his USA experiment by whatever means necessary, then I got a lot of oceanfront property to sell ya.
Now he has sold 49% of his flagship airline to an airline that competes directly with the aforementioned US experiment.
I can't think of a better example of "writing on the wall" in modern airline history.
You HAVE to see that,......no?
tell me where I'm wrong.
#75
Gets Weekends Off
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Joined APC: Dec 2005
Posts: 8,938
Shy....
C'mon....mannn.
I get that you are propping up your new carrier. But you gotta call a spade a spade. You can quote me ownership percentages until the cows come home, if you don't think that Sir Dick has been doing a healthy amount of "propping up" his USA experiment by whatever means necessary, then I got a lot of oceanfront property to sell ya.
Now he has sold 49% of his flagship airline to an airline that competes directly with the aforementioned US experiment.
I can't think of a better example of "writing on the wall" in modern airline history.
You HAVE to see that,......no?
tell me where I'm wrong.
C'mon....mannn.
I get that you are propping up your new carrier. But you gotta call a spade a spade. You can quote me ownership percentages until the cows come home, if you don't think that Sir Dick has been doing a healthy amount of "propping up" his USA experiment by whatever means necessary, then I got a lot of oceanfront property to sell ya.
Now he has sold 49% of his flagship airline to an airline that competes directly with the aforementioned US experiment.
I can't think of a better example of "writing on the wall" in modern airline history.
You HAVE to see that,......no?
tell me where I'm wrong.
With your "writing on the wall" comment, are you implying that Branson and investors spend $800 million on VX since its inception, just to get Delta to buy a 49% share of VA for $348/million, and now to kill VX as a result? How does that make any financial sense?
#76
Gets Weekends Off
Joined APC: Nov 2006
Posts: 492
Shy....
C'mon....mannn.
I get that you are propping up your new carrier. But you gotta call a spade a spade. You can quote me ownership percentages until the cows come home, if you don't think that Sir Dick has been doing a healthy amount of "propping up" his USA experiment by whatever means necessary, then I got a lot of oceanfront property to sell ya.
Now he has sold 49% of his flagship airline to an airline that competes directly with the aforementioned US experiment.
I can't think of a better example of "writing on the wall" in modern airline history.
You HAVE to see that,......no?
tell me where I'm wrong.
C'mon....mannn.
I get that you are propping up your new carrier. But you gotta call a spade a spade. You can quote me ownership percentages until the cows come home, if you don't think that Sir Dick has been doing a healthy amount of "propping up" his USA experiment by whatever means necessary, then I got a lot of oceanfront property to sell ya.
Now he has sold 49% of his flagship airline to an airline that competes directly with the aforementioned US experiment.
I can't think of a better example of "writing on the wall" in modern airline history.
You HAVE to see that,......no?
tell me where I'm wrong.
Also, what 49% of his stake did he sell to who? Last I checked Singapore sold their 49% stake of Virgin Atlantic to Delta. That was not Richard Branson's share, and he publicly said he'd never sell his share.
But please, continue calling him "Dick", because it just shows how ignorant you aren't
#77
I have shiny jet syndrome
Joined APC: Jan 2008
Position: ELACS, FACs and SECs. Who doesn't love 'em?
Posts: 984
I didn't realize that APC had so many board members from the Virgin Group on here that know exactly what Branson and the Virgin Group and the rest of the investors are going to do. That's fantastic.
#78
Gets Weekends Off
Joined APC: Aug 2011
Position: Driving a Bus for Recreational Pleasure.
Posts: 544
Looks a lot like the old Eastern Airlines formula for success. Look where that got them.
VX was founded to provide U.S. domestic feed for VA. Now that VA is partnered with DAL, what is the rationale for VX's existence? There is none.
Branson will be pulling his money out soon. Even he can't afford to pour money down a rat hole forever.
VX was founded to provide U.S. domestic feed for VA. Now that VA is partnered with DAL, what is the rationale for VX's existence? There is none.
Branson will be pulling his money out soon. Even he can't afford to pour money down a rat hole forever.
I'm glad you know why VX was created. You do realize that Branson wants a 1 world 1 airline where you stay on 1 brand no matter where you go. But I see you're Branson's right hand so you know what his and the other investors future plans are.
I also guess you know VX's financials too. You should be on Wall Street with all your knowledge and insights.
#79
What do you mean by "propping up" his USA experiment? He owns a certain percent, and US investors own the majority share. He sold 49% of his VA share to Delta, because Singapore wanted to ditch it, and Delta needed it for the LHR market before AA (already strong with AA/BA) merges with US Airways.
With your "writing on the wall" comment, are you implying that Branson and investors spend $800 million on VX since its inception, just to get Delta to buy a 49% share of VA for $348/million, and now to kill VX as a result? How does that make any financial sense?
With your "writing on the wall" comment, are you implying that Branson and investors spend $800 million on VX since its inception, just to get Delta to buy a 49% share of VA for $348/million, and now to kill VX as a result? How does that make any financial sense?
You're pretty sharp there, calling him "Sir Dick", because now us dumb folk think he's a Dick, because it's a pun to his name of Richard. You're a quick one there!
Also, what 49% of his stake did he sell to who? Last I checked Singapore sold their 49% stake of Virgin Atlantic to Delta. That was not Richard Branson's share, and he publicly said he'd never sell his share.
But please, continue calling him "Dick", because it just shows how ignorant you aren't
Also, what 49% of his stake did he sell to who? Last I checked Singapore sold their 49% stake of Virgin Atlantic to Delta. That was not Richard Branson's share, and he publicly said he'd never sell his share.
But please, continue calling him "Dick", because it just shows how ignorant you aren't
No, I don't think that he and others spent all that money just to kill it. It's just the way it has worked out and doesn't make sense anymore.
But you guys are probably right, good luck.
#80
Moderator
Joined APC: Dec 2007
Position: DAL 330
Posts: 7,014
Virgin America is a brand new airline dedicated to"making flying good" again.
Maybe this guy?
Emil Faber: "Knowledge is good"
Scoop
Maybe this guy?
Emil Faber: "Knowledge is good"
Scoop
Last edited by johnso29; 01-21-2013 at 01:04 PM.
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