usair_begins_with_u
Veteran
- May 9, 2004
- 623
- 0
My calculation is between 12-15 Million to go to the rank and file employees.. thats what about $500 each after tax?
Earnings
- Thread starter pit_needs_help
- Start date
deltawatch
Veteran
- Aug 20, 2002
- 887
- 0
Unreal ..... I hear that you're luck if he show up for work ....lol lol.
Twicebaked
Veteran
- May 22, 2003
- 1,788
- 18
Oh, just tell them that since you (your company) didn't perform to acceptable goals, you will be unable to pay them. The company does it to us......
FrugalFlyerv2.0
Veteran
- Oct 29, 2003
- 2,931
- 3,341
$427 million profit
I guess all those frequent flyers that left US Airways really hurt the bottom line ... ... ...
Pacemaker
Senior
- Sep 3, 2002
- 475
- 0
The airline lost $5 billion from 1990 to the merger. Doesn't look ok to me.
Fixed Wing
Senior
- Jun 19, 2004
- 259
- 6
Because USA bought it's way into the A:14 rankings. It is very expensive to pad block time in addition to keeping a gaggle of spare aircraft handy to subsidize the operational statistics.
FrugalFlyerv2.0
Veteran
- Oct 29, 2003
- 2,931
- 3,341
Don't worry about me Bobby, you're the one who's been bragging how the US elite frequent flyers, leaving in droves, will certainly teach the US management a lesson. First it was going to be shock and awe, then the song and dance was how it will take at least a quarter or so before US really starts hurting financially. Well I guess you've certainly showed them.
BTW - I don't drink kool aide, or work or fly US, so nice try champ.
Thanks for the CO update. Did you look at AMR's numbers? They also posted a 4Q loss but full year profit. Any comments on that?
Very good comparisons between CO and US. Spot on, actually.
In regards to any upcoming Delta merger....Delta may not have horrible labor relations right now, but when you try to combine devout non-union cultures with any hard-core organized labor group then WATCH OUT! I foresee a bloody battle ahead whether Delta merges with UA or NW. It will probably make our merger look like a cake walk.
sharktooth
Veteran
- Jan 27, 2006
- 1,846
- 0
$427 million profit
I guess all those frequent flyers that left US Airways really hurt the bottom line ... ... ...
"Profit" equals revenue minus cost. Revenue and profit are not the same thing, unless cost equals zero or is time-shifted to the future, like our colony in Iraq, in order to enhance the roses and temporarily bury the corpses. Happens all the time in board rooms.
BoeingBoy
Veteran
- Nov 9, 2003
- 16,512
- 5,865
- Banned
- #26
Well, let's look at AMR's numbers.....
- More than doubled annual profit vs 2006.
- Smaller 4Q loss than US, despite fuel costs $0.09/gal higher than US (having US' fuel cost would have added $63 million to the profit)
- Larger annual profit than US, despite fuel costs $0.08 higher than US (having US' fuel cost would have added $227 million to the profit)
- Yield up 1.1 percentage points more than US.
- PRASM up 1.6 percentage points more than US
- Operating revenues up 5.3% for the quarter and 1.6% for the year, whereas US' revenues were down 0.4% and up 1.2% respectively.
All without the benefit of 2 bankruptcies and merging with a lower cost carrier. Wonder why the smallest legacy carrier had the largest quarterly loss of the legacies reporting so far? Could at least part of it be that some FF's, who as a group tend to provide a disproportionate share of an airline's revenues and purchase more expensive tickets (higher yield), are flying other carriers?
Jim
R
RBandlow
Guest
Isn't amazing! An arogant management team that has alienated every labor group from day one with their "zero cost increase contract" mantra, and has ignored the massive fuel burn we pilots have achieved in response to the pay inequity with the west, now blames the loss this quarter on fuel costs. Had Doug Parker any skill as a leader, he would have instantly scrapped LOA 93 after the merger agreement.
That alone, would have created a huge synergy and now we would be making MILLIONS! Instead, we are beginning another decline into the abyss of eventual bankruptcy.
Unhappy employees in a service industry, cost cutting above customer service, lousy tools to do your job (reservation system), it is all a formula for eventual disaster. Cheap everything. Pretzels, no service on redeyes, dirty airplanes. I am ashamed.
The management team at USAirways thinks we employees are the equivalement of a bag of nails or concrete.
The Christmas bonus is evidence enough. My neighbor works in the wind tunnel at Boeing here in Seattle. He has a high school degree and has been there for 23 years. He makes 105,ooo a year. His Christmas bonus was $12,000!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! And it WAS pensionable!
This company HATES its employees! They are a a bunch of opportunist deal makers and have demonstrated for over 2 years that they are disconnected and have failed in every regard.
There is no hope for this airline in the long term with the kind of management and their tone going forward. There have to be incentives to motivate people. They have to feel they are part of a positive process to offer their best efforts. They have to feel fairly compensated and rewarded for their proactive efforts. All of this is lost at USAirways, from we pilots to the ramp. The blame is at the feet of Doug Parker and his cost-cutting above all, labor is my enemy philosophy. It is a proven formula for disaster.
I have little faith that this corporation will survive with the leadership in place. At companies like Southwest Airlines, thousands of employees are happy, motivated, and feel empowered to make a positive difference each day, and are sure their efforts will be recognized and rewarded! This is a management style that is 180 degrees from that of USAirways. It all starts from the top! Is it not time to change direction? The management style we have now is a failed structure. Things are only going to get worse without fundamental changes. Oh well, I just don't care anymore. Heard that lately?
YER PAL,
Rich :down:
That alone, would have created a huge synergy and now we would be making MILLIONS! Instead, we are beginning another decline into the abyss of eventual bankruptcy.
Unhappy employees in a service industry, cost cutting above customer service, lousy tools to do your job (reservation system), it is all a formula for eventual disaster. Cheap everything. Pretzels, no service on redeyes, dirty airplanes. I am ashamed.
The management team at USAirways thinks we employees are the equivalement of a bag of nails or concrete.
The Christmas bonus is evidence enough. My neighbor works in the wind tunnel at Boeing here in Seattle. He has a high school degree and has been there for 23 years. He makes 105,ooo a year. His Christmas bonus was $12,000!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! And it WAS pensionable!
This company HATES its employees! They are a a bunch of opportunist deal makers and have demonstrated for over 2 years that they are disconnected and have failed in every regard.
There is no hope for this airline in the long term with the kind of management and their tone going forward. There have to be incentives to motivate people. They have to feel they are part of a positive process to offer their best efforts. They have to feel fairly compensated and rewarded for their proactive efforts. All of this is lost at USAirways, from we pilots to the ramp. The blame is at the feet of Doug Parker and his cost-cutting above all, labor is my enemy philosophy. It is a proven formula for disaster.
I have little faith that this corporation will survive with the leadership in place. At companies like Southwest Airlines, thousands of employees are happy, motivated, and feel empowered to make a positive difference each day, and are sure their efforts will be recognized and rewarded! This is a management style that is 180 degrees from that of USAirways. It all starts from the top! Is it not time to change direction? The management style we have now is a failed structure. Things are only going to get worse without fundamental changes. Oh well, I just don't care anymore. Heard that lately?
YER PAL,
Rich :down:
vantheman63
Senior
I believe you are wrong...in a number of ways.
First off, lets suppose FFer and VFFers have not "left." In fact, I'm a CP on US and a PE on CO. Lets put me in that group, I've not been able to "leave" for a number of reasons.
However, I happen to be, not just a VFFer, but also a "High Yield" VFFer. In other words, I'm not afraid to spend money on a Premium Cabin or service.....except on US. I have left US for ANYTHING premium, 100%.
Consider the trip I leave on some time next week:
Continental Airlines Trip Details (2 Tickets)
------------------------------------------------------------
CO2936 departing PVD at 10:25 a.m. arriving EWR at 11:31 a.m.
CO23 departing EWR at 1:40 p.m. arriving IAH at 4:34 p.m.
CO740 departing IAH at 5:42 p.m. arriving ABQ at 7:02 p.m.
------------------------------------------------------------
Total Trip Cost: $1,456.40 (includes all taxes and fees)
Actual Air Fare Paid: $654.88 x 2 = $1,309.76 ("Y-Up" Fare, Pay Full Coach, Upgraded Instantly To F)
Actual Miles Flown: 2,303 miles
RASMs: $0.284 per mile
Now lets look at the return....and I'll get into what I'm booked on two carriers after this...
US Airways Itinerary Details (2 Tickets)
----------------------------------------------------------
US 196 departing ABQ at 12:19 PM arriving PHX at 1:40 PM
US 1546 departing PHX at 2:35 PM arriving CLT at 8:23 PM
US 1294 departing CLT at 9:59 PM arriving PVD at 11:54 PM
----------------------------------------------------------
Total Trip Cost: $401.40 (includes all taxes and fees)
Actual Air Fare Paid: $165.58 x 2 = $331.16 (Both Tix Likely To Be Upgraded)
Actual Miles Flown: 2,785 miles
RASMs: $0.059 per mile
======================================================================
Now, you can be your jovial self and suggest FFers haven't "left," and perhaps you'd be right in one way....but I'll tell you about this FFer, and I've been saying it for a while.
I am not silly enough to suggest that I could "leave" for good. I can't. When you live in the Northeast and you fly weekly, there's almost NO WAY you are going to be able to pull that off...without MAJORLY inconveniencing one's self. As much as I would LOVE to be done with the train wreck that has become US in terms of "product quality," it's not really possible....they have me as a captive audience.
There are times when scheduling dictates, and this was one of them. Fair enough, I needed to get from point A to point B.........but when I fly US, because of the poor quality of the overall product, I refuse to "over-pay" for it. So, yeah, I'll poach an air fare for 5 or 6 cents per mile. That's all the product is worth.
Meanwhile, on CO, I paid the full fare (which by the way, full Y "refundable fare" is WAY less expensive on CO then US) AND not only get the convenience of being changeable and refundable, but I get the F seat tossed in INSTANTLY. And, the product itself is MUCH better, so I'm in no way afraid to pay the money.
Why didn't I fly CO back? Simple. I'm in Taos, skiing. CO's last flight to get back to the east coast was, like, 9:30 am...that's an awfully, awfully early morning. US has the scedule....so I grab the ticket....and pay ROCK BOTTOM price. Could I have paid for an F ticet? Sure....it would have been more then the CO flight....NON-FRIGGIN-REFUNDABLE (this still, 2, going on 3 years later baffles me) and the product would have been significantly worse.
I'm keeping track of the RASMs I represent on US this year....I've got nearly 9,000 "preferred" miles in...and I've spent less than $0.07 per mile flying them. On AS and CO....I've averaged nearly $0.30 per mile....so you tell me...am I really a valuable customer at US???Have I stuck it out with US?
You seem to think you know it all...and boy are you showing Piney Bob how silly he is, US with their loss while CO made money. But the simple fact is FrugalFlyerv2.0, YOU ARE WRONG!!!
FFers and VFFers HAVE left the airline....while they may not be able to be gone physically, their pocket books left long ago.
And for the US folk out there....I read the entire "About US" for January 24....I'm afraid management STILL doesn't get it. They are still stuck to this "if we land on time with luggage, we're reliable and people will chose to book us." That's just wrong....just like I don't expect to get in an airplane crash when I board and airplane..when I buy a ticket, I expect to arrive with my bags, thats actually part of the CofC.
The real difference is the overall way in which a passenger is managed and the quality of the product itself.
From disgusting, unkept airplanes (which are a little cleaner but have a ways to go) to a completely stupid fare structure, all the way to plastic party tumblers...."Business Casual" is not a product I will ever bond to in it's current existence.
I will give you a cultural divide that resulted in a disaster - Piedmont / USAir in 1988. Any former Piedmont fliers or employees still mourn the passing of the speedbird.
