I am looking forward to this great concept stage company beginning to get the word out on their solution for colony collapse disorder. If their science is as good as touted, this will be a great company.
I could not disagree more. Earnings drive price. Momentum investors trade in and out based on daily volume and cycles. Profitability drives earnings, earnings drive price.
as a believer in this company. Negotiating new bank relationships, solid bookings for future revenue and a CEO who is taking an honest approach to addressing poor decisions in the past. I like what I see and willing to take a flier. Going long!
A mother and her son were flying Southwest Airlines. The son turned to his mother and asked, "If big dogs have baby dogs and big cats have baby cats, why don't big planes have baby planes?" The mother told her son to ask the stewardess. So the boy asked the stewardess, "If big dogs have baby dogs and big cats have baby cats, why don't big planes have baby planes?" The stewardess responded, "Did your mother tell you to ask me?" The boy admitted that was the case. "Well, then, tell your mother that there are no baby planes because Southwest always pulls out on time. Your mother can explain it to you."
Yes, someone must be holding a gun to your head and forcing you to demand what it is you deserve from this airline. You are not old ore weak, just deserving of what you want from someone that doesn't feel obligated to give it to you.
They must also be telling you that you are not allowed to seek employment elsewhere. Last I checked, there were multiple carriers in the industry. I wonder why you aren't working for one of them? I wonder why we dont hear from those who are happy with their jobs. Do we only hear from the vocal minority? Did all the smart, logical, rational pilots go to work for other carriers?
They most certainly are telling you that the laws of capitalism suggest that if AWA were unfair, they would not be able to keep their planes in the air via key employees. Last I checked, they were performing better than ever. Maybe it is the vocal minority crying fowl here? I use the airline frequently and as far as I can tell---business is good. The only unhappy ones I ever meet are the other employees who don't agree with the case of the pilots.
Let us look at history. Last I checked, the pilots track record of calling the shots is not that great. Let's see.............Eastern, TWA, United................seems like pilots might not know as much as they profess to know. Am I missing something here? Have they done a good job somewhere that I don't know. I want to know both sides.
How about RJ's and Jonathon. Who is forcing the hand of these pilots starting with Mesa for the small handout they are working for? Does someone have a picture of these pilots with farm animals and is making them work for this small amount of pay, or are they happy to be employed--happy to have the opportunity--possibly happy to be the revolutionaries bring logic to an industry that has operated without.
I am not sure where I stand on this issue. I do know I am pulling for AWA and hate to see greed and ignorance ruin a good company---I just can't tell who has it---us, or the pilots?
Are you guys serious---you don't think they can transact security related business?
I hate to break it to you, but not only can they---they have all migrated to this business in recent years. If you haven't noticed, your insurance guy now thinks he should be your investement manager, your investment manager now thinks he should be your insurance guy and your banker, and your banker thinks he should not only be your banker, but should be your insurance and investment guy. To complicate this further, banks become thrifts and trusts and can manage your legal structure, your investments, your banking and your trust maintanence--and its development.
Financial services is where I spend my waking hours. Love reading this board because of the emotion involved. Have a strong opinion of optimism for this management team and what it is accomplishing. My hope is that the pilots recognize, as well as feel recognized and we all witness an incredible story (and happy ending) to our local airline.
autobrake, your attitude is astounding. I would sooner fail than cave to your feelings of entitlement. Isn't there someone you could file a suit against for the unfair and inhumane treatment you have been subjected to?
Reality pards............get some.
The best flight into vancouver and vancouver island is a small commuter sea plane company that flies out of lake union in seattle. Flies into the Victoria Harbour as well as an inlet in Vancouver. Totally off the subject, but I suppose the conversation was on RJ's to Canada.
and, by the way, jetpilot, I do appreciate and respect your argument and how you have stated your position.
I wish you, the pilots and america west well. If all were happy---it would be a truly great company.
Best of luck to you.
Each post seems to be finished with a comment about what you deserve and why you deserve it. I recognize you have battled on behalf of the company and have contributed to its success, but I also feel that stakeholder value should drive the decisions of management.
As far as investment in concerned----do you propose putting a cap on upside? There is only one reason for a public equity to be traded---and that is to add liquidity to shareholders position. The only way a public equity remains liquid to constantly increase shareholder value and to have that increase reflected by an increasing stock price. Desire to own the stock creates buying pressure, allowing market makers to drive the price in the proper direction. When employees yearn to begin to dictate fair value for my investment, that is the day buy side pressure leaves the equation.
I do sympathize with the turmoil of the non-contract and if I wore the shoes of the pilots I may have negative feelings about my compensation, however, rather than bash management and anyone who disagrees----I would take responsibility for my employment compensation as seek out a management team that I felt recognized the value of my contribution.
Again, you sound like the disrespected athlete. A victim of circumstances. You stuck it out---you deserve whatever you want---you are entitled.
Lets talk reality here. You didn't build this airline. You participated in the building of the airline. Ed and Mike built the airline, made a few entrepreneurial mistakes and paid for it with the filing and subsequent departure. Pilots are a role players, not a quarterbacks. You are merely a participant in the success or failure----not someone directing either.
Read your post---if the pilots have it so bad, why dont they go work for southwest. I agree, they are a very good company. Really, if these guys are sooooo bad, why dont you either submit your application for management, or move on?
Unfortunately, your past experiences legally entitle you to nothing. Ownership and management have changed significantly in this public entity. One of your biggest stakeholders is now the US Govt----and you have to abide by the terms of the note.
Lets be positive and realistic here----you don't have many people on your side. I realize how you feel---however, you need to try and understand everyone elses opinion. The only people that see it your way is your small group. I think you would be doing yourself, your family, your co-workers, the shareholders and the travel industry a favor by adjusting your attitude toward management or moving on.
This company is moving the right direction and the stock is reflecting this. Your anger has more to do with your mentality of entitlement and your bitter memories of unkempt promises. Move on---go to southwest, go to jetblue. I hope that your attitude when applying is that of gratitude, rather than entitlement
Nice personal attack Jetpilot. I type fast. Yes, I meant oblivious. I will now go read the rest of your post and see if I can learn anything.
I have found in social experiences, those that get personal during debates usually have little substance to their position.
Your last line says it all. Fairly compensated employees. What in the heck does that mean? If, in the pilot�s viewpoint, things are unfair----then work elsewhere. Again, Adam Smith and the invisible hand are in control---not your curious degree of entitlement. If you are correct, then AWA will fail---that is what capitalism is all about. All will share your discontent and you will refuse employment with such a poor management team.
I cannot find another industry that experiences this level of entitlement other than professional athletes. Maybe you guys feel similar to "those disrespected athletes". The amount of pay is not the issue---it just has to be relative to your peers....correct?
I have worked in the investment arena for many years and still find myself shocked by the mentality of the pilots and the volatility of this industry. It is particularly intriguing when a savvy management team does get control and brings the kind of balance sheet logic necessary to build a company with decent shareholder value and finds its biggest opposition coming from the highest compensated group within the company.
Please remind me why you work for AWA and not one of the other "better, more fair" airlines?
Your oblivious mindset and figure pointing toward management are part of nature of many jetpilots. Paid low by industry ave????? Are you kidding me? When you started there, were you one of the highest paid and they then changed it????? or is the case you came in on a similare pay scale and have remained there, but because you see peers making more money, and you see some solid bottom line performance---you feel you are entitled to more $.
Fortunately for those of us holding long positions, the pilots do not run this airline. When they do, rest assured my bet will not be long.
History speaks----easy to find excuses.
Auto---c'mon pards---(as Phil would say)---let's be real here. It is about pay and entitlement. Look at the shareholder value he has created. Look at the shareholder value pilots have created. One does good, one threatens good. He negotiated a loan in the worst of times, he took over the airline in the worst of times---and the ungrateful pilots are still employed. Look at earnings, look at the industry as a whole----pilots won't support him because they don't feel he has respected them (or has treated them how they deserve to be treated), so even in the face of the obvious---they continue to bash him and the company whenever possible.
Not a lot of sympathy for the malcontent. Last I checked, we were not a socialist society or economy. We could work for whomever we wanted. Whoever, because they created or ran the company, was therefore capable of paying whatever they wanted.
I have flown many, many times on RC's---any mostly on J.O.'s RC's. They are so bad that he has managed to drive his stock price from $2.00 to $12.00 (rounded estimates). He must be very bad at what he does as well?
I live with an AWA employee, who deals with the employee base. It has been relayed to me that most employees are excited about recent performance and feel there is a moral that is changing for the positive. There does seem to be a growing feeling among most employees that the only thing standing in the way of success is the annoying mentality of the entitled pilots.
Go figure. The vocal minority doesn't look for the positive. They think the light at the end of the tunnel is probably the front end of a train.
Who is the scary job phantom that holds the gun to the head of all of these disgruntled, yet entitled pilots who whine about their jobs. I often wonder why they don't go to work for all of the other "higher paying, better moral" providers?
Let's face it, the airlines exist not for transportation, but because we, as members of this wonderful capitalistic based free, demand-driven economy, owe it to these overlooked, under appreciated pilots. At a minimum, we need to provide them a minimum income of $150,000 with a 32 wk work year. They deserve it and are entitled to it----even if it means it will destroy the company and any shareholder value that has been created. They are owed this compensation structure and should be paid even if it costs the company additional jobs and hurts the economy as a whole.
If you question this, look at their operational track record---Eastern, Pan Am, TWA, now United----obviously, they know what is best for the company. Disregard the fact that 15,000 of them are projected to be unemployed at year's end----that doesn't matter. Pay them more, at any cost. Maybe we should pay them more, based on the fact they are so willing to provide operational insight in addition to their flying responsibilities.
My hat is off to Doug Parker and his team, as well as Jonathon Ohrnstein and his team. Congrats on doing whatever is possible to create shareholder value, while delivering a quality service. I am thankful that other industries are not dominated by pilot mentality.