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#51
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
On Nov 26, 5:40 pm, "Gatt" wrote:
If they had made billions she would have been worth the 40-odd million dollars they blew showing her the door, wouldn't they? How many engineers--who actually contributed to the success of the company--can you hire for forty million dollars they paid to fire her. They paid what they needed to to get the CEO they thought they needed. Its easy to Monday Morning Quarter back when you've not been in the board room. Maybe you would have been a better chairman of their board, who knows. Maybe you should apply for the position. Sure the owners can do whatever they want. But they're not doing it with my stock investments. I'll save it for a company who doesn't have its head up some bazillionairre's ass. You should do that. You should not invest your money in any company you don't feel comfortable investing in. If enough people argued with you HP's stock would be nearly worthless and they would probably not last long. All this bull**** about "risking money" might sound great in a boardroom or on Wall Street, but when people's livelihoods are at stake it's about equal to talking about it in Vegas. Now that is a different argument. What you are arguing now is the primary purpose of a company. To me, the primary purpose of a for- profit company is to maximize return to their investors. In fact in the U.S. companies have a legal, fiduciary responsibility to do just that. That is a central tenant of capitalism. There are other forms of economic policies in other countries that make employment a core mission of companies. In fact employment for the workers of a country is a central tenant of communism as well as a core tenant of more left leaning socialist countries ("Worker's Party", "People's Republic", etc). To say one type of economy is better than another is largely philosophical issue. However, I would argue that employees in capitalist countries fair far better than those in communist and restricted socialist countries. -Robert |
#52
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
On Nov 26, 7:11 pm, "F. Baum" wrote:
On Nov 26, 4:54 pm, "Robert M. Gary" wrote: Yet pilots want to work for them. I guess what ever they are getting from it is enough to put up with any downside. Not so much anymore. They, along with other regionals, are canceling flights from lack of crews. Take a look at their turn over. If that is true then the companies that are not able to man flights will go out of business and those that can crew flights will gain their business. You just need to wait and all the regionals that can't crew flights will soon be gone. -Robert |
#53
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
"Robert M. Gary" wrote in message ... On Nov 26, 5:40 pm, "Gatt" wrote: If they had made billions she would have been worth the 40-odd million dollars they blew showing her the door, wouldn't they? How many engineers--who actually contributed to the success of the company--can you hire for forty million dollars they paid to fire her. They paid what they needed to to get the CEO they thought they needed. Its easy to Monday Morning Quarter back when you've not been in the board room. Maybe you would have been a better chairman of their board, who knows. Maybe you should apply for the position. Or, for example, consider how much Jack Welch got paid while bringing GE from a $7B company to a $35B company. |
#54
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
Fact is, without unions, the airpline industry wouldn't have blossomed into what i was and, more importantly, be as safe as it is today. End of story. Bertie |
#55
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
"Robert M. Gary" wrote in news:a3d92f7a-fd7f-4bcb-bcc7-
: On Nov 26, 11:34 am, Larry Dighera wrote: On Mon, 26 Nov 2007 09:50:24 -0800 (PST), "Robert M. Gary" wrote in : In short, when a union is involved you do not have a free market (the employeer has his hands tied and his nuts in a vice). And without a union, employees are in a similar situation. Again that is the myth that labor tries to put out there. No, it isn't Bertie |
#56
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
JGalban via AviationKB.com wrote:
Realistically, most of the airline-bound young pilots I know don't care about any of that. They just want to fly for a living, and they'll do whatever is required to get into an airline cockpit. I'm not saying it's right on the part of the airlines, or smart on the part of the pilots, but it seems to have been (and still be) the way it is. And there is the problem. In the past it was pretty much an internship into a REALLY good paying and respected job with the majors so kids were willing to put up with it. Now days the pay at the majors is down and the respect is WAY down. |
#57
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message
And there is the problem. In the past it was pretty much an internship into a REALLY good paying and respected job with the majors so kids were willing to put up with it. Now days the pay at the majors is down and the respect is WAY down. It's no wonder that the airlines are going to have to hire inexperienced pilots. They're trying to dismantle their training ground (general aviation) |
#58
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
Gig 601XL Builder wrote:
JGalban via AviationKB.com wrote: Realistically, most of the airline-bound young pilots I know don't care about any of that. They just want to fly for a living, and they'll do whatever is required to get into an airline cockpit. I'm not saying it's right on the part of the airlines, or smart on the part of the pilots, but it seems to have been (and still be) the way it is. And there is the problem. In the past it was pretty much an internship into a REALLY good paying and respected job with the majors so kids were willing to put up with it. Now days the pay at the majors is down and the respect is WAY down. Greyhound bus drivers make more than regional pilots. The crash is coming |
#59
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
On Nov 26, 10:48 pm, Bertie the Bunyip wrote:
And without a union, employees are in a similar situation. Again that is the myth that labor tries to put out there. No, it isn't Many of us have a great successful career without every being a member of a union. In fact, most Americans are not union members. In fact, the top paying jobs in the U.S. are non-union. So I think your point is countered. -Robert |
#60
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Airlines Cut Minimum Pilot Experience to 500 hours and Below
On Nov 26, 10:48 pm, Bertie the Bunyip wrote:
Fact is, without unions, the airpline industry wouldn't have blossomed into what i was and, more importantly, be as safe as it is today. End of story. Whenever someone presents opinions as facts (especially as inarguable facts) my B.S. detector starts to blow up. -Robert |
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