FlyGuy2002

So much hyperbole here. Do a little research. Youll find the 8 of spirits BODs are independent. Christie being the one that isn’t. ALL 8 of those board members have quite stellar resumes,
and ALL 8 sit on no less than 3 boards at
other companies, with some having as many as 8 board seats. Those folks wear many hats at various companies, I’m sure they’ll land in their feet just fine.

this ‘golden parachute’ parachute is a cute argument but to me falls flat. I would argue the best golden parachute they could have taken would have been take the initial $33 offer from B6, made their thousands/millions in payout with no deference to shareholders and been long gone. Also as I mentioned in another thread, if 5 board seats go to F9 then why did the 4 others vote themselves out of $33 AND a seat on the new board? The board voted 9-0. Leaving 4 folks without seats. Essentially 44% of the board turned down $33 a share AND a seat position, yet somehow they all did it for themselves. Not buying it.

im going with the current narrative. Seems more realistic to me. The B6 merger faces hurdles with untold many months before completion if ever.the fact that JetBlue has 2 major out clauses in the Convening time to walk away leaves the NK shareholders with all the downside risk falling to them. So you MAY get $30 a share in 18-24 months, and if not here is a paltry $1.80 per share (200 million breakup fee) for your time. Again I don’t see the value.

I feel the value lies in owning 48% of what could be a large, profitable airline versus a one time buyout of $30 on some distant date.. if the F9 deal doesn’t pass then fine. They said they will plan to remain stand-alone. And we are right back to where we are today. No harm an Foul.

I see why they voted 9-0 and im completely on board with it.

elmetal

He's taking about management, not BOD. You know, Ted, John etc.

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YellowBanana

A 4 day trip with 3 “duty periods” and a 23:59 layover that credits 15 hours is pretty greedy IMHO. That’s just one example.

JulesWinfield

Also, plenty of 10 hour 3 days.

elmetal

Just so you know, it's not like someone is intentionally doing this. This is just how the system finds a way to get more done with less.



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HogEars

Non nk guy here.
How is this constructed? Double redeye?

GWY320

LAS Report 2100

Red eye to east coast

23:55 layover (5 min shy of trigger for additional 5 hour pay)

0700 East coast report for flight back to LAS

Halon1211

those 4 day trips you talk about are really like 3.25 day trips. You leave late the first day and get back super early day for if not even at like 1 AM. At least that’s how I’ve been seeing it.

And that’s what we have rigs for

Cyio

Yeah basically this. Tends to be a common theme in the LAS base. Its actually a nice trip to work, as you come in late on day one and are done real early on day 3. If you live local its pretty nice as you basically get day three as an added day off. The problem is how many you have to do in order to make credit. It is fairly inefficient.

LoopsMcDoops

Not what I've seen. FOs are running for the door...the company wants to upset families and displace pilots by the hundreds out of their bases...and we're told we are already paid enough. The company wants to do day turns so they don't have to pay for hotels and per diem. They say the reasoning is to improve operational reliability....yet they don't simply invest in the required infrastructure to support the size of airline we've become. It's a daily S show out there and we on the front line have to deal with an overly frugal management team who expect us to bail them out when times are tough.