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boycott united forever



 
 
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  #121  
Old May 16th 05, 08:09 PM
Robert M. Gary
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I"m not sure what employees have to do with it. The purpose of the
company is to return value to the shareholders. The shareholders are
singularly responsible for ensuring that they get the most bang for
buck with their CEO (just like you do with your pool boy). The
shareholders write the CEOs pay check, not the employees. I have never
read a company's mission statement that said, "The purpose of this
company is to provide employement". How would invest their hard earned
money in that?
Anytime you have a pension you must always understand that it is only
good until the company declares bankruptcy. That is why God invented
401ks.

-Robert

  #122  
Old May 16th 05, 09:27 PM
Jim
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Pretty hard for individual investors to have any say in these matters
these days. In theory yes, but the real power is with the intitutional
investors who have their own agenda.

-Jim

  #123  
Old May 16th 05, 11:01 PM
Matt Whiting
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Garner Miller wrote:

In article , Matt Barrow
wrote:


You proved my point. Of all the captains at Delta, for example, how
many have been there 30 years? And how many are on the 777? Far, far
fewer than the entire pilot pool, I assure you.


His numbers are a hell of a lot closer than yours were, and he qualified his
statements.




Fine.

A first-year pilot at Continental makes $25,900. UPS, $26,200.
United, $23,400. At Delta, $43,600. And surprise, Southwest comes
out ON TOP in first-year pay, at $44,900. And the 10-year captain at
Southwest? $166,000 -- *more* than the 10-year 737 captain at Delta
makes.


However, it really is the cost per passenger flown that makes the
biggest difference and the data that another poster provided shows that
Southwest is in much better shape in this regard, apparently largely due
to their pilots flying much more hours per month for their salary.


The thousands upon thousands of them on furlough are making exactly $0,
so make sure you factor that into your average. That's a very real
risk in this industry. Combine that with the mandatory age-60
retirement, and there really aren't that many years where you're making
the kind of money you guys keep -- to use your word -- "spewing."


Yes, those are risks, but they are hardly unique to pilots. Layoffs are
common in many other industries. Few have legally mandated retirements,
however, most large companies now strongly encourage retirements by
employees starting at 55. Sure, the employees don't HAVE to retire, but
it often is pretty much made clear that you don't want to say no.


Matt
  #124  
Old May 17th 05, 12:36 AM
Dave Stadt
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"Garner Miller" wrote in message
...
In article , Matt Barrow
wrote:

You proved my point. Of all the captains at Delta, for example, how
many have been there 30 years? And how many are on the 777? Far,

far
fewer than the entire pilot pool, I assure you.


His numbers are a hell of a lot closer than yours were, and he qualified

his
statements.



Fine.

A first-year pilot at Continental makes $25,900. UPS, $26,200.
United, $23,400. At Delta, $43,600. And surprise, Southwest comes
out ON TOP in first-year pay, at $44,900. And the 10-year captain at
Southwest? $166,000 -- *more* than the 10-year 737 captain at Delta
makes.


And that Southwest pilot probably flies twice as many hours per month. You
are going to have to look long and hard for sympathy for pilots working for
the majors.

The thousands upon thousands of them on furlough are making exactly $0,
so make sure you factor that into your average. That's a very real
risk in this industry.


As it is in any industry. Nice try but no bannana.


  #125  
Old May 17th 05, 04:19 PM
Don Hammer
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On Mon, 16 May 2005 00:37:58 GMT, Garner Miller
wrote:


The rest of us are away from home 400 hours a month (compared to your
typical nine-to-five gone less than half of that), and dreaming of the
day we hit the six-figure mark.


Break that 400 hours down for me --

Commuting because you don't want to live at your base = ???hrs
Sleeping in a crash pad for the same reason = ???hrs
Actual duty time = ???hrs
Actual flight time = ???hrs
Number of days off per month = ???

Six pilots earning $250K = that same retirement you are bitching about
for the executive. How many at United are earning that?

I don't want to hear about the age 60 retirement either. United and
American unions have kept that in place for the young guys coming up.
The Union's are focused on protecting the lowest common denominator
instead of the welfare of the best and brightest. Only Southwest and
their union have come out in favor of flying past 60.

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  #126  
Old May 17th 05, 05:18 PM
Robert M. Gary
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The intitutional investors are the best cops. They are rated on one and
only one thing, value returned. No one reads a fund portfolio and looks
at what a nice guy the fund manager is.The fund manager is graded on
one and only one thing, how well he returns money to his investors. The
fund managers will not allow the board to pay any more for a CEO than
they need to because it directly impacts the fund manager's own bottom
line. CEOs are like point guards. There are few of them out there that
can do a good job and when you find a good one you have to compete
against other companies to recruit them.

-Robert

 




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