Webcast Thoughts?!?

[USlurker]

The main pitch at the end appears to be that he has to have new contracts by summer. There was a lot of stuff scattered around about how employees have to decide for themselves and not let the union push them into bad decisions.

He says that asset sales are a tool for dying airlines. We don't want to do it.

 

[ITRADE]

Let see here. Siegel offers to take a pay cut.

Q400s being considered.

2c cost reductions from ops efficiencies.

new web site; more kiosks; ticket readers; increased frequencies.

And, if you're not on board, consider going elsewhere.

 

[OldGuyinPA]

The games is already over ...

and it's all our fault...........................

 

[Jaded]

It is basicaly everything we feared it would be. In a nutshell, look for layoffs in all groups. He particulary pointed out Res. He stated with the simpler fare structure we will go to and the enhanced web site, there would not be a need for all of them.

We are a 10 cent airline and he wants to get to a 6 cent airline. To close the 4 cent gap. 2 cents will come from workforce, givebacks, layoffs and the other 2 cents from procedural, fare structure, etc. They are considering if First Class is even viable anymore.

For PIT he said time is running out. We pay $10 per pax to xfer in PIT as opposed to $2 in CLT. PIT has to work something out about cutting their cost like we at US have to do the same.

In PHL Southwest is there for ONE reason he says. To KILL us. It not as simple to drop the average fare down to their price because we would lose money. Matching Southwest would mean we PAY each pax $15 to fly us after the taxes are taken into affect.

 

[EyeInTheSky]

FWIW, everyone in that audience was hand-picked. Lot's of check airmen in the crowd or former check airman that would like to get back. Basically, no one in the room is a rabble rouser. This is a total puff piece.

 

[ITRADE]

FWIW, everyone in that audience was hand-picked. Lot's of check airmen in the crowd or former check airman that would like to get back. Basically, no one in the room is a rabble rouser. This is a total puff piece.

Just because you weren't there to throw rotten tomatoes and eggs, doesn't mean that it was a hand-picked audience.

 

[OldGuyinPA]

So..........

If the customers use the internet to make reservations, buy a ticket...

and then they check at the kiosk.....They won't need any employees...


Cost ....Zero

 

[bofie]

If they ax First they will lose US1s so fast their heads will spin. They can all fly on UA. How blind is this guy?

 

[airlineorphan]

ITRADE,

According to the company, the audience was "solicited" by supervisors. A fuzzy statement semantically, but odds are pretty good that hand-picking is at play here.

-Airlineorphan

 

[EyeInTheSky]

Just because you weren't there to throw rotten tomatoes and eggs, doesn't mean that it was a hand-picked audience.

ITRADE, I KNOW people in that crowd were handpicked. So zip it if you don't know. There needs to be more direct questions without skirting around the issues.

 

[USFlyer]

If they ax First they will lose US1s so fast their heads will spin. They can all fly on UA. How blind is this guy?

Upgrading on UA is a pain. Plus, if they get jetBlue-like interiors with IFE, etc., F can go as far as I'm concerned. I know lots of US1s that have already defected to jetBlue for routes that JB flies and they fell in love with the service.

 

[ClueByFour]

more seats, reconfigure all aircraft, might eliminate first class

With that, you can probably kiss about 100k of your most frequent flyers goodbye.

 

[ITRADE]

I know something you don't know.

 

[EyeInTheSky]

I know something you don't know.

So? Don't go breaking your arm patting yourself on the back ITRADE.

 

[ITRADE]

So? Don't go breaking your arm patting yourself on the back ITRADE.

I certainly don't need you to tell me that.