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Old 11th September 2007 | 19:53
  #14 (permalink)  
Mach trim
 
Joined: Jan 2000
Posts: 168
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From: Europe
My perspective of The Truth

Jet pilot attitude,

Not that I know very much about it as I am no expert but since you say that you are reporting the facts. Please enlighten me.

The low stock pilot market price of Vueling now reflects it's real market value.
If it is going to collapse why is holding steady at 12.50 Euros ?

If the stock price drops further ,It's lower stock price makes it more of a takeover target by another airline.

As I do agree that Vueling's management do not respect their pilots at all, there has been a change since we have a new deputy COO. They are being forced to change their attitude with all the pilots leaving and a new pilot committee is in place.

It has been huge error on the part of management to treat pilots poorly in the current market conditions.

A takeover might improve the lot for pilots or not.

As you mentioned facts:

The maintenance is good at Vueling and the airplanes are new.


A bunch of pilots leaving will not close the airline by itself as they are going to hire 15-20 more contract pilots.

Pilots are flying volontarily on their days off ( cash bonus ) this helps them
keep the planes flying. Pilots have volontarily flown 100 days off this year.

This I do not agree with. Of course there 900 hour duty problems soon.

Yes, there are a number of bitter ex-vueling ( and contract ) pilots such as
out there.

They do need to show a profit or better numbers by next year and something may happen at Vueling by the end of the year.

Vueling has well over 50 Million Euros in the bank cash.
Yeah it may not last long but....

For the moment it pays the bills and puts food on the table, so do please only mention facts when it comes to talking about my current ability to eat.

By the way I am enjoying my time on the beach and pay two euros for a beer
in a chringuito

Last edited by Mach trim; 11th September 2007 at 23:07.
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