7E7 in 2009
Dec 30, 2004 | 8:58 am
#31
Join Date: Sep 1999
Location: Los Angeles
Programs: UA Based on my CC Spend (PLT 25-GLD 26), AA LT 2MM, LY Gold, Bonvoy LT Plt, Mets fan
Posts: 5,077
Originally Posted by flymeaway
Probably not...those flights exist, in part, to reposition the aircraft at the hubs. Seems unlikely that they'll go away.
Dec 30, 2004 | 12:28 pm
#32
Join Date: Oct 2003
Location: DCA
Programs: UA LT 1K, AA EXP, Marriott LT Titan, Avis PC, Hilton Gold
Posts: 9,925
Originally Posted by flymeaway
Probably not...those flights exist, in part, to reposition the aircraft at the hubs. Seems unlikely that they'll go away.
For example: IAH - GRU route uses two 764s - down and back are both overnight (can not do a RT in a day like to Europe).
Hence, when the GRU 764 is at IAH, it can be used for a RT - IAH to LAX in the day. At the other end, it does a RT GRU to GIG.
EWR to GRU uses two 762's, but likely rotates with earlier flghts to Europe, rather than EWR to IAH RT - like before. The 762 from EWR is idle all day at GRU.
Dec 30, 2004 | 12:37 pm
#33
Join Date: Dec 2004
Location: Manhattan, NYC
Programs: CO Platinum, SPG Gold
Posts: 207
Originally Posted by iwantanupgrade
The Houston Chronicle weighed in on this today. They question CO purchasing new planes while cutting employee salary and benifits.
http://www.chron.com/cs/CDA/ssistory...siness/2970626
http://www.chron.com/cs/CDA/ssistory...siness/2970626
Dec 30, 2004 | 1:04 pm
#34
Join Date: Nov 2002
Location: NYC
Posts: 927
Originally Posted by nycden
Surely the health of the airline is their only chance of getting back some of their salary/benefit consessions.
There's a lot of contradicting info out there these days.
Dec 30, 2004 | 1:36 pm
#35
Join Date: Feb 2004
Location: Washington, DC USA
Programs: UA; Amtrak
Posts: 2,002
TMF weighs in: Is Continental Crazy? (answer: no).
Dec 30, 2004 | 3:23 pm
#36
Join Date: Feb 2002
Location: New York NY USA
Posts: 432
Originally Posted by slippahs
Great that CO's not getting the 7E7s... Now to speculate which routes they'd be used on (I'm guessing EWR-HKG?) and how spacious they'll be on the inside.
aloha
aloha
Dec 30, 2004 | 4:08 pm
#37
Join Date: Feb 2003
Location: Naples, Fl.
Posts: 582
Originally Posted by flymeaway
The issue is that many employees are skeptical that the concessions are even necessary in the first place. Besides, the company said that there would be no snapbacks to previous wage levels. It's not that they need temporary cash to survive or even to expand - it's that they want to take advantage of the current climate to reduce their payroll liability. Or so it would seem.
There's a lot of contradicting info out there these days.
There's a lot of contradicting info out there these days.
Say what you want about Gordo he has done a remarkable job with and for his employees. Now adding new equipment will let CO lead the pack as the economy for the airline industry improves.
I for one will keep buying my tickets (100k miles for 2005 and palns for 50k in 2006) because the entire package of crews, equipment and routes works for me. ^
Dec 30, 2004 | 4:18 pm
#38
Join Date: Dec 2004
Location: Manhattan, NYC
Programs: CO Platinum, SPG Gold
Posts: 207
Originally Posted by flymeaway
The issue is that many employees are skeptical that the concessions are even necessary in the first place. Besides, the company said that there would be no snapbacks to previous wage levels. It's not that they need temporary cash to survive or even to expand - it's that they want to take advantage of the current climate to reduce their payroll liability. Or so it would seem.
There's a lot of contradicting info out there these days.
There's a lot of contradicting info out there these days.
Dec 30, 2004 | 5:23 pm
#39
Join Date: Sep 2002
Location: Hoboken, NJ; Pembroke Pines, FL
Programs: CO Gold, SPG Gold
Posts: 2,941
Originally Posted by nycden
I think if CO turned a nice tidy profit employees would be a very good position to request wage increases. Hopefully things in that industry will get better.
Cyclical collective bargaining is old school. Generous profit sharing plans are the new age answer. Of course, we can argue about whether Continental's plan is sufficiently generous.
Dec 30, 2004 | 6:06 pm
#40
Join Date: May 2004
Posts: 1,955
Originally Posted by nycden
I think I can understand that position. Last time I saw a notice, CO had about $1.5 Billion in cash on hand, so maybe there is some truth to the fact that the consessions aren't necessary. However it is a fact that the company is losing money and unless it can be proven that the company would return to profitability next year without consessions, it still seems reasonable that wage reductions are necessary; particularly as all airliners have had to do so. I guess it's a no-win situation. I think if CO turned a nice tidy profit employees would be a very good position to request wage increases. Hopefully things in that industry will get better.
Dec 30, 2004 | 8:46 pm
#41
Join Date: Dec 2003
Location: 160 acres in paradise
Programs: CO Plat, DL Million Miler
Posts: 502
U actually has a lot less cash than that - ~$800M and is basically being kept aloft by GE Capital. Anyway, CO's $1.5B in cash is not sustainable at thier current loss rate - and they can't allow it to go much lower. All you can do is raise prices or lower costs, and we know CO can't raise prices if other airlines don't match - and they usually don't.
The real wild card isn't labor - it's fuel. Oil apears to be steady at 25% higher than last year. CO , AA and NW would all be in the black were it not for the price of gas, so all they can do is cut costs - the costs they can control. Gas they can't - salaries they can.
The real wild card isn't labor - it's fuel. Oil apears to be steady at 25% higher than last year. CO , AA and NW would all be in the black were it not for the price of gas, so all they can do is cut costs - the costs they can control. Gas they can't - salaries they can.
Dec 31, 2004 | 2:43 am
#42
Join Date: Jul 2004
Programs: NW Gold, '06. Good times.
Posts: 7,457
Boeing hasn't listed it yet on their website. Wonder when they'll up date it.
http://active.boeing.com/commercial/orders/index.cfm
http://active.boeing.com/commercial/orders/index.cfm
Jan 2, 2005 | 1:57 pm
#43
FlyerTalk Evangelist
Join Date: Dec 2002
Location: Seattle, WA, USA
Programs: Bar Alliance Gold
Posts: 16,280
Originally Posted by hoyateach
Boeing hasn't listed it yet on their website. Wonder when they'll up date it.
And that evidently will not happen until labor agrees to the additional concessions (which I guess will allow CO to cut the check).
Jan 3, 2005 | 8:47 am
#44
Join Date: Oct 1999
Location: New York, NY, USA
Posts: 1,439
Mainline capacity is down 4% comparing the most recently reported quarter (i.e. Q3 2004) with the quarter immediately preceding the Sept 11, 2001, attacks. I for one am extremely gratified to see them finally growing the mainline fleet at all, considering that all recent growth has been RJ. It's also very pleasing to see that they are finally looking to add wide-body capacity, as none were previously in the fleet plan. But 2009? Eeek!