JetStar to pay for ratings
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I really, really thought that yield was revenue per passenger kilometre.
You will find that Revenue per Passenger Kilometre is called "Revenue per Passenger Kilometre" - Wierd ahhh.
(Hint: Dropt is onto something!)
Speedy.
You are great at telling people they are wrong. Fair enough they may well be. But if you are so sure of your superior knowledge, how about sharing it with us. In the interests of education and mutual benefit of course.
I'm still waiting for you to point out my miscalculations in the previous thread.
Maui
You are great at telling people they are wrong. Fair enough they may well be. But if you are so sure of your superior knowledge, how about sharing it with us. In the interests of education and mutual benefit of course.
I'm still waiting for you to point out my miscalculations in the previous thread.
Maui
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And I'm still waiting for Genex to answer this question from another thread
without going off on a tangent.
What award conditions would you rather, Jetstar A320 or QF 737? What about Jetstar A330 or QF A330?
Last edited by Dropt McGutz; 15th Mar 2008 at 09:30. Reason: Spelling
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Ummm Speeedy....I was only thinking back to another regulated world where I earned my living based in the field of actual airline economics, by in part always remembering that yield was king....where discount airfares were shunned like lepers because they..... shock horror..."Reduced the Yield". Indeed, management reports on traffic and revenue had "Yield Dilution" as a key management parameter (this was the actual average fare paid vs the average full Economy fare, expresed as a percentage. No discussion as to whether a lower yield actually grew the market. As I recall anyway.
These issues were at the core of the mid-80's review of the Two Airline Policy where it was determined in the May Report (still have my copies if you need to read it) that the emphasis on yield was to the detriment of growth, lower income group passengers and competition. I was involved in that review up to my armpits and it was fascinating.
I do recall though, that yield was expressed then as cents per RPK.
I just checked the US Air Transport Association's glossary of terms and I have to report that Sherm's memory is not yet at its PNR.
They claim....(and they may be wrong I admit) that:
"Yield is:
The average amount of revenue received per revenue passenger mile (RPM) or revenue ton mile (RTM), net of taxes"
Taking account of the difference in distance measures I reckon I must have remembered right.
These issues were at the core of the mid-80's review of the Two Airline Policy where it was determined in the May Report (still have my copies if you need to read it) that the emphasis on yield was to the detriment of growth, lower income group passengers and competition. I was involved in that review up to my armpits and it was fascinating.
I do recall though, that yield was expressed then as cents per RPK.
I just checked the US Air Transport Association's glossary of terms and I have to report that Sherm's memory is not yet at its PNR.
They claim....(and they may be wrong I admit) that:
"Yield is:
The average amount of revenue received per revenue passenger mile (RPM) or revenue ton mile (RTM), net of taxes"
Taking account of the difference in distance measures I reckon I must have remembered right.
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And Dropt....
I just read that Genex has happily removed himself to lessen the ulcer risk to the rest of us so we may never know what he'd say.
But for me.....if I was a young pilot, I'd reckon I would balance promotion rates, choice of bases and salary as a package, wouldn't you? I can't quite see what's the point of having a great pay rate as a Captain if you're geriatric by the time you get there. But if that suits your lifstyle and level of ambition then its fine.
Just a thought
I just read that Genex has happily removed himself to lessen the ulcer risk to the rest of us so we may never know what he'd say.
But for me.....if I was a young pilot, I'd reckon I would balance promotion rates, choice of bases and salary as a package, wouldn't you? I can't quite see what's the point of having a great pay rate as a Captain if you're geriatric by the time you get there. But if that suits your lifstyle and level of ambition then its fine.
Just a thought
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Sherm,
There's nothing wrong with ambition and leadership, but if you take short-cuts to achieve it through some sort of indentured servitude your life is one big oxymoron, and you've sold yourself to the lowest bidder.
Being a captain since my twenties, I share the enjoyment; but it's even sweeter knowing that no pilots were hurt in the making.....
There's nothing wrong with ambition and leadership, but if you take short-cuts to achieve it through some sort of indentured servitude your life is one big oxymoron, and you've sold yourself to the lowest bidder.
Being a captain since my twenties, I share the enjoyment; but it's even sweeter knowing that no pilots were hurt in the making.....
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...and don't all of you just think that if one wants to be a pilot and joins a company that provides an endorsement if needed, or, pays for his own endorsement, if he's willing to, as part of his employment contract and then enjoys his flying life and waits to see what the future provides, which will be lucrative indeed, should be all that one who genuinely wants to fly airplanes should consider?
Isn't that the reason we take on flying in the first place?.
Or isn't it?
Isn't that the reason we take on flying in the first place?.
Or isn't it?
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Amos,
We all agree with the motivation behind achieving the dream and we share the romance of flight, but accept that if we under cut each other or jump the line by working outside the, "industry norm", (a quote from Qantas Link regarding paying $10,000 for a job), than we are neither contributing to the enjoyment of the job or contributing to harmony in the cockpit by underscoring the T&Cs of our peers.
We all agree with the motivation behind achieving the dream and we share the romance of flight, but accept that if we under cut each other or jump the line by working outside the, "industry norm", (a quote from Qantas Link regarding paying $10,000 for a job), than we are neither contributing to the enjoyment of the job or contributing to harmony in the cockpit by underscoring the T&Cs of our peers.
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OK!...so in days gone by when some went to an Aero club to learn to fly and others went to a Flying school and some joined the Qantas cadet scheme and some joined the Airforce and learnt to fly and some of us paid our own way and others didn't but we all ended up having good careers, who let who down?
