Back in the black…
11-03-2022, 06:36 AM
#32
Line Holder
Joined APC: Apr 2014
Position: Always right
Posts: 94
Unfortunately our 2022 earnings so far are not that much better than 2021. If the absolute best and rosiest picture is an adj. net income non-GAAP of $3.6Mil, that isn’t really something to boast about. 🤞Q4 will show a better trend yoy.
11-03-2022, 06:53 AM
#33
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
You have to account for the winter meltdowns we will have and the hit on Q4 it will have. This company simply doesn’t have the infrastructure to run a company when crap hits the fan, and it hits our small profit line every time, pushing us into the red.
11-03-2022, 08:22 AM
#34
Perennial Reserve
Thread Starter
Joined APC: Jan 2018
Posts: 12,203
Underutilized aircraft is the big issue currently. Buying more aircraft just to park them because you can’t retain enough pilots to fly them is a killer. The fixed expenses - financing or leasing costs, parking fees, mx upkeep, insurance, and depreciation are pretty much the same if you actually fly them or use them for static displays. We need to control attrition, which will take $$. It takes money to make money.
11-03-2022, 08:46 AM
#35
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
Maybe you missed the part where I made it clear we have been "asking" (more than asking) for an industry standard profit sharing plan, and have been met with supernatural ferocity to deny what is nearly a universally standard benefit at the JB level in the industry...
To expect a more receptive response to something that has no precedent in the industry and is multitudes more onerous on the company is to be wholly delusional.
To expect a more receptive response to something that has no precedent in the industry and is multitudes more onerous on the company is to be wholly delusional.
11-03-2022, 11:03 AM
#36
Perennial Reserve
Thread Starter
Joined APC: Jan 2018
Posts: 12,203
Maybe you missed the part where I made it clear we have been "asking" (more than asking) for an industry standard profit sharing plan, and have been met with supernatural ferocity to deny what is nearly a universally standard benefit at the JB level in the industry...
To expect a more receptive response to something that has no precedent in the industry and is multitudes more onerous on the company is to be wholly delusional.
To expect a more receptive response to something that has no precedent in the industry and is multitudes more onerous on the company is to be wholly delusional.
11-03-2022, 12:35 PM
#37
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
Underutilized aircraft is the big issue currently. Buying more aircraft just to park them because you can’t retain enough pilots to fly them is a killer. The fixed expenses - financing or leasing costs, parking fees, mx upkeep, insurance, and depreciation are pretty much the same if you actually fly them or use them for static displays. We need to control attrition, which will take $$. It takes money to make money.
11-03-2022, 01:24 PM
#38
Perennial Reserve
Thread Starter
Joined APC: Jan 2018
Posts: 12,203
If that was such a brilliant tactic one would think management would have caved by now.
So how long must your screw the newbies scheme have to not work before you’ll admit it’s not working?
11-03-2022, 02:16 PM
#39
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
Why don't you go ahead and ask for $1M per flight hour and two chick's at the same time for every layover... They are just as likely as a revenue tax, but you can ask...
11-03-2022, 02:29 PM
#40
That/It/Thang
Joined APC: Aug 2020
Posts: 2,954
Dude has zero clue. He thinks you ask for anything you want and it has to be considered. “Bargaining in good faith,” and “zone of reasonableness” aren’t phrases he has heard or, or the NMB that will put you on ice if you don’t at least come in reasonable.
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