strike yourself out of a job

GrantHubbell said:
Hey, I just discovered a neat thing on salary.com

and the management at Delta is not making as much as you would think:
http://swz.salary.com/execcomp/layoutscripts/excl_companyreport.asp?companyid=C1001995
Click to expand...

Like I said in another thread, execs make most of their money from awards of stocks and stock options, bonuses and golden parachutes. The thing that's messed up about that is that the majority of their income being non-wage puts them in a lower tax bracket than they should be; while a pilot making the "average" $157k will pay the top bracket percentage on all of his income, the $1.2M exec will pay that for only his salary income, and much less on his non-wage income.

This is what we get out of a government created of the rich, by the rich, for the rich.
 
Doug Taylor said:
Increased market share? 20% of the US domestic market is too small? Arooo?!
Click to expand...

when you count the lost revenue that have affected all airlines...it could be. competition is fierce. If they want to bring Deta back to the powerhouse it once was, it will take some sacrifice. I hope it's fair, but in the long run it coould really pay off. I just hope it's not to late. I wouldn't be surprised if Virgin ends up buying Delta
 
mpenguin1 said:
Southwest is simply in a world of their own, they are a heavily unionized airline, that operates as a non-union airline.
Click to expand...

*cough*

Holy cow, I about choked on my pepsi when I read this.

I guess I must have been dreaming when I've seen all of the SWA "UNITY" tags on flight kits in the terminals.

How does a heavily unionized airline operate as a non-union airline?

"The internal combustion engine... Neither internal, nor combustion, discuss!"
 
Please, let me save you a little time, notawannabe. But by all means, please do some googling and some research behind the sound bites because quite frankly you're showing up to a discussion on quantum physics with stuff you learned from "Quantum Leap".

I've heard several interesting things like they need to gain more of the market. Do a little reading on how much of the market the airline actually has.

I've heard some blurbs about fleet simplification. No one truly has a simplified fleet except, for example, Jet Blue that runs primarily A320's. A simplified fleet doesn't do jack beyond satisfy an industry analyst that thinks it does.

Trust me, do a little more reading and a lot less opining.
 
notawannabee said:
how much money are unions making from employees ? ALPA in particular.
Click to expand...

Google will work wonders. 2 seconds and I came up with a pretty good number from a fairly recent article. Do the work.......
 
MQAAord said:
Southwest pilots are some of the highest paid in the industry.

Delta made the brilliant decision to sell their fuel hedges before prices skyrocketed, it's cost them a bundle. SW kept their's, I don't know how much longer SW's hedging is good for.
Click to expand...

Currently through 2009--but keep in mind that fuel hedging is part of their business model. They always do it. Most of the LCC's are doing it now as a practice.
 
Doug Taylor said:
Please, let me save you a little time, notawannabe. But by all means, please do some googling and some research behind the sound bites because quite frankly you're showing up to a discussion on quantum physics with stuff you learned from "Quantum Leap".

I've heard several interesting things like they need to gain more of the market. Do a little reading on how much of the market the airline actually has.

I've heard some blurbs about fleet simplification. No one truly has a simplified fleet except, for example, Jet Blue that runs primarily A320's. A simplified fleet doesn't do jack beyond satisfy an industry analyst that thinks it does.

Trust me, do a little more reading and a lot less opining.
Click to expand...

I'm sorry to bore you with my dim-witted opinions and questions. I'll admit I'm not on the up and up. I don't know all the answers, but I guarantee you that no one else here does either. Thanks for the other comments in the post..I learned something
 
Actually, about 100% of the airlines hedge fuel, "legacies" (whatever the heck that means), LCC's, frieght, etc.

Generally an airline will try to anticipate what the price of fuel is going to do. If they see it rising, they'll hit the open market to purchase mass amounts of rights to purchase fuel at a rate lower than they predict it's supposed to go.

If they think it's going to go down after they have the hedges (or, in my case, the company has ulterior motives), they'll sell the hedges to another party.

Everyone, not just LCC's hedge fuel.
 
Doug Taylor said:
*cough*

Holy cow, I about choked on my pepsi when I read this.

I guess I must have been dreaming when I've seen all of the SWA "UNITY" tags on flight kits in the terminals.

How does a heavily unionized airline operate as a non-union airline?

"The internal combustion engine... Neither internal, nor combustion, discuss!"
Click to expand...

Well clean up your Pepsi, you don't want to get ants.

As to SWA, very simply, the employees are highly motivated and they actually enjoy working for the company.

Doug, as you know, I have or have had dealings with a ton of airlines, which includes: Delta, American, Alaska, United, US Air, Hawaiian, Aloha, Airtran, Midwest, & a bunch of other US carriers that I am too lazy to type out, & an assortment of non-us airlines. My dealings vary from the Back office workers, to the flight attendants, to the mechanics, to the pilots.

What I mean by a non-union mentality, is that the people at Southwest have a can-do attitude and for a low-cost carrier, they actually pride themselves on their customer service skills.

Now if you want to spit out your Pepsi & treat me as a novice in the airline industry, by all means, do.....:)
 
Doug Taylor said:
Please, let me save you a little time, notawannabe. But by all means, please do some googling and some research behind the sound bites because quite frankly you're showing up to a discussion on quantum physics with stuff you learned from "Quantum Leap".

I've heard several interesting things like they need to gain more of the market. Do a little reading on how much of the market the airline actually has.

I've heard some blurbs about fleet simplification. No one truly has a simplified fleet except, for example, Jet Blue that runs primarily A320's. A simplified fleet doesn't do jack beyond satisfy an industry analyst that thinks it does.

Trust me, do a little more reading and a lot less opining.
Click to expand...

In the eyes of analyst a standardized fleet saves an airline more money. They feel that having less different types of airframes means less schooling and training for their mechanics. The wage issue I was eluding to as it relates to Southwest is the Ramp Crew and Ticket Agents. I believe a union company would pay more per hour for these services.
 
mpenguin1 said:
Well clean up your Pepsi, you don't want to get ants.

As to SWA, very simply, the employees are highly motivated and they actually enjoy working for the company.

Doug, as you know, I have or have had dealings with a ton of airlines, which includes: Delta, American, Alaska, United, US Air, Hawaiian, Aloha, Airtran, Midwest, & a bunch of other US carriers that I am too lazy to type out, & an assortment of non-us airlines. My dealings vary from the Back office workers, to the flight attendants, to the mechanics, to the pilots.

What I mean by a non-union mentality, is that the people at Southwest have a can-do attitude and for a low-cost carrier, they actually pride themselves on their customer service skills.

Now if you want to spit out your Pepsi & treat me as a novice in the airline industry, by all means, do.....:)
Click to expand...

I've seen the show "Airline." Most of the workers look mean, overworked, and under appreciated.:)
 
But Pengy, the big southern airline named after part of a river is more than 90% non-union.

Google some of the comments that Herb Kelleher said about the employees of that large southern airline and post them for us to see. Not the management but the employees.
 
Doug Taylor said:
Actually, about 100% of the airlines hedge fuel, "legacies" (whatever the heck that means), LCC's, frieght, etc.

Generally an airline will try to anticipate what the price of fuel is going to do. If they see it rising, they'll hit the open market to purchase mass amounts of rights to purchase fuel at a rate lower than they predict it's supposed to go.

If they think it's going to go down after they have the hedges (or, in my case, the company has ulterior motives), they'll sell the hedges to another party.

Everyone, not just LCC's hedge fuel.
Click to expand...

Yep, as you said most/all of the airlines hedge, the only difference is how much. Southwest just got lucky & hedged heavily more than anybody else, it was a gamble & it worked in their favor.
 
Doug Taylor said:
If they think it's going to go down after they have the hedges (or, in my case, the company has ulterior motives), they'll sell the hedges to another party.
Click to expand...
Lemme get this straight: you're saying comes-after-Charlie management sold their fuel hedges so they'd lose money on fuel intentionally???

If so, investors have a pretty good case for a class action lawsuit.
 
I, personally, aren't saying this, but there are others that have made this sentiment.
 
After reading this whole thread all I have to say is good luck Delta and Northwest employees, god bless you guys. I would hate to see all those people on the street.

I just hate the fact that all this people have to pay due to irresponsible management, part of being a great CEO or executive is being able to have your company adapt to different market conditions. AMR corp was able to avoid bankrupcy using a Union Friendly approach.
 
You must log in or register to reply here.
Back
Top