Activist Investor pushing changes at SWA
06-27-2024, 07:50 AM
#183
Gets Weekends Off
Joined APC: Apr 2013
Posts: 3,720
Furloughing in this economy would be possibly the stupidest move anyone could do. Not only would it incur lots of additional costs, but it would ruin pilot hiring for the next decade for that company. They might threaten furlough or even "not threaten" furlough in order to extract a concession or two, but you don't burn down the house that you own 10 percent of.
Their aim is to get this airline operating like a business, not to hollow it out from the inside. I think as pilots, we will probably see the least amount of changes of any of the big workgroups. If anyone should be worried about their jobs, it would be non union HQ drones who are flex working. I have a feeling a lot of them are going to wake up one day and be locked out of their company email accounts.
Their aim is to get this airline operating like a business, not to hollow it out from the inside. I think as pilots, we will probably see the least amount of changes of any of the big workgroups. If anyone should be worried about their jobs, it would be non union HQ drones who are flex working. I have a feeling a lot of them are going to wake up one day and be locked out of their company email accounts.
06-27-2024, 08:30 AM
#184
Banned
Joined APC: Dec 2023
Posts: 534
Furloughing in this economy would be possibly the stupidest move anyone could do. Not only would it incur lots of additional costs, but it would ruin pilot hiring for the next decade for that company. They might threaten furlough or even "not threaten" furlough in order to extract a concession or two, but you don't burn down the house that you own 10 percent of.
Their aim is to get this airline operating like a business, not to hollow it out from the inside. I think as pilots, we will probably see the least amount of changes of any of the big workgroups. If anyone should be worried about their jobs, it would be non union HQ drones who are flex working. I have a feeling a lot of them are going to wake up one day and be locked out of their company email accounts.
Their aim is to get this airline operating like a business, not to hollow it out from the inside. I think as pilots, we will probably see the least amount of changes of any of the big workgroups. If anyone should be worried about their jobs, it would be non union HQ drones who are flex working. I have a feeling a lot of them are going to wake up one day and be locked out of their company email accounts.
Paul Singer (businessman) - Wikipedia
06-27-2024, 10:17 AM
#185
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,406
You do know Elliot is considered a Vulture Capitalist on Wall Street? Now all of sudden they want to come in run a airline. I don't think so.
Paul Singer (businessman) - Wikipedia
Paul Singer (businessman) - Wikipedia
Especially with what amounts to Too Big to Fail national economic infrastructure (Big 4 and maybe even AS and B6).
Fine tuning could occur. Scorched earth re-organization I doubt very much.
06-27-2024, 10:28 AM
#186
Gets Weekends Off
Joined APC: Oct 2015
Position: Gear slinger
Posts: 2,980
Furloughing in this economy would be possibly the stupidest move anyone could do. Not only would it incur lots of additional costs, but it would ruin pilot hiring for the next decade for that company. They might threaten furlough or even "not threaten" furlough in order to extract a concession or two, but you don't burn down the house that you own 10 percent of.
Their aim is to get this airline operating like a business, not to hollow it out from the inside. I think as pilots, we will probably see the least amount of changes of any of the big workgroups. If anyone should be worried about their jobs, it would be non union HQ drones who are flex working. I have a feeling a lot of them are going to wake up one day and be locked out of their company email accounts.
Their aim is to get this airline operating like a business, not to hollow it out from the inside. I think as pilots, we will probably see the least amount of changes of any of the big workgroups. If anyone should be worried about their jobs, it would be non union HQ drones who are flex working. I have a feeling a lot of them are going to wake up one day and be locked out of their company email accounts.
06-27-2024, 10:36 AM
#187
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,406
There's no obvious reason that SWAPA would need to grant concessions in the current economic climate (boeing is a wildcard I guess).
AS is a little over-staffed due to PBS landing at exactly the same moment as the latest MAX debacle. No furloughs imminent over there.
06-27-2024, 11:04 AM
#188
At your mom's house
Joined APC: Jun 2008
Position: cpt 737
Posts: 2,832
Not necessarily that much reduction. I assume the existing CBA doesn't grant the company carte blanche to implement PBS. So they would need to negotiate the rules and parameters... if you're going to lose X time off from say trip touching, you can simply get it back in trade, more vacation, etc.
There's no obvious reason that SWAPA would need to grant concessions in the current economic climate (boeing is a wildcard I guess).
AS is a little over-staffed due to PBS landing at exactly the same moment as the latest MAX debacle. No furloughs imminent over there.
There's no obvious reason that SWAPA would need to grant concessions in the current economic climate (boeing is a wildcard I guess).
AS is a little over-staffed due to PBS landing at exactly the same moment as the latest MAX debacle. No furloughs imminent over there.
06-27-2024, 11:45 AM
#189
Gets Weekends Off
Joined APC: Jan 2016
Position: Left
Posts: 1,275
The goal is getting SWA to uperate like a modern airline. For the pilot group, that means PBS and all the staffing efficiency that creates. Unless they expand flying significantly with new destinations and red eyes, that's a 10-20% in reduction in required headcount. I would not be so enthusiastic about Elliot managements plans if I was a SWA pilot. Current management may be mediocre but at least they're relatively consistent.
I do not think anyone at SWA is enthusiastic about Elliot. What makes you think anyone is ?
06-27-2024, 12:13 PM
#190
Gets Weekends Off
Joined APC: Feb 2008
Position: FIRE ALPA
Posts: 3,100
PBS will really screw us in vacation and training months, not so much in monthly schedules unless they change how our pairings are constructed. Between tomorrow and 7/14 I have 3 full days at home coming. PBS can't work me more than that, though bad pairings would pay me less. That said, they better have thier bankruptcy filing ready if they expect to get PBS, that turd isn't getting voted in here willingly.
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