Jetport

[schnitzel2k3]

You boys need to get a room

You're just jealous don't worry J, you're still the best.

[PitchLink]

Yes sir. The slow WAWCON death spiral brought on by uber competitive carbon copy management companies.

Fingers crossed the next shortage really hurts a lot of these companies and we see a healthy jump in conditions and growth similar to 2019. It'd be nice to see the majors make a good jump in conditions too, so the employees benefits, but also so they weren't an anchor on negotiations.

The funny part is these management companies make it seem like THEY absorb a lot of costs. Nope, not 1 penny (rounded to a nickel) comes out of these companies pockets. They are money printing machines - billing owners left right and center (plus a percentage) for services rendered, plus generating 10%+ on charter. Why not promote healthy salaries, and multiple crew, perhaps a properly funded contribution plan or charter profit share?

Our company has a 'profit share'. Great. Then I find out its billed directly to the owner and sold to them under a different title. *sigh*

How do you bill profit share to the owner sold under a different title? There’s a word for that, racketeering I believe

[Bug_Stomper_01]

Yes sir. The slow WAWCON death spiral brought on by uber competitive carbon copy management companies.

Fingers crossed the next shortage really hurts a lot of these companies and we see a healthy jump in conditions and growth similar to 2019. It'd be nice to see the majors make a good jump in conditions too, so the employees benefits, but also so they weren't an anchor on negotiations.

The funny part is these management companies make it seem like THEY absorb a lot of costs. Nope, not 1 penny (rounded to a nickel) comes out of these companies pockets. They are money printing machines - billing owners left right and center (plus a percentage) for services rendered, plus generating 10%+ on charter. Why not promote healthy salaries, and multiple crew, perhaps a properly funded contribution plan or charter profit share?

Our company has a 'profit share'. Great. Then I find out its billed directly to the owner and sold to them under a different title. *sigh*

How do you bill profit share to the owner sold under a different title? There’s a word for that, racketeering I believe

Yes

[Freeport_Flyer]

It’s been a few years since this thread went cold. Did this place (and some others mentioned) make it post covid, post new airline contracts?

[thepoors]

Much like roaches, they have and will continue to. Nothing's changed.

Like schnitzel described, they pass all costs and then some onto owners while squeezing most aspects of flight ops down to the bone (i.e. crew and maintenance). Broker, training, fuel, catering, payroll etc bills go unpaid as long as possible just because. Company credit cards bounce, fuel accounts get suspended and still they don't die. Somehow survive TC audits as well. Behind the scenes their margins are insane and combined with gullible/unknowledgeable owners it's a recipe for barely disguised grifting.