Industrial Action at Flybe?
Join Date: Nov 2006
Location: the OFCR......and probably somewhere over China zzzzzzzz
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"sustainable growth". The new industry wide buzz phrase. However, initially it looks promising, so lets see. An olive branch perhaps??
Join Date: Sep 2010
Location: England
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So...
Coming out of the backside of a recession Flybe makes the largest profit that it ever has.
The "Management" have been well looked after and rewarded.
You, the pilots, have not. By a long, long way.
Poor old Frenchy has to drag his lap dog around the bases pretending to listen to you...giving the appearance of being shoved into a corner.
You might get a slightly sweeter deal and that will appear to be the "best" deal that Flybe can possibly afford.
But! It will all still be utter bull****.
It is patently obvious to even the most brain cell deficient observer that there is still so much more of the largest profit ever made to be shared amongst the workers. YOU.
What has happened over the last 12-18 months is just a sham.
Keep pushing because you can and will get a better deal.
Coming out of the backside of a recession Flybe makes the largest profit that it ever has.
The "Management" have been well looked after and rewarded.
You, the pilots, have not. By a long, long way.
Poor old Frenchy has to drag his lap dog around the bases pretending to listen to you...giving the appearance of being shoved into a corner.
You might get a slightly sweeter deal and that will appear to be the "best" deal that Flybe can possibly afford.
But! It will all still be utter bull****.
It is patently obvious to even the most brain cell deficient observer that there is still so much more of the largest profit ever made to be shared amongst the workers. YOU.
What has happened over the last 12-18 months is just a sham.
Keep pushing because you can and will get a better deal.
Join Date: May 2008
Location: South East
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A couple of quick spots from the detailed report and accounts available on the flybe web site. ( both as I understand from an initial read)
1) Each of the non executive Directors who is on the Remuneration Committee ( ie responsible for fair pay throughout the company) appears to have received a 20% to 25% pay increase in the year. 2) ( and this is tucked in small print). For 2011-12 each executive director( ie full time) will now be able to earn a proportion of their annual bonus on"personal performance objectives"!ie doing the job they"re already being paid to do anyway. For previous years a bonus is only payable if financial objectives met. In summary all are v likely to pIck up a reasonable bonus even if financial performance doesn't justify it.
The words "double standards" just don't come to mind. Do they?
1) Each of the non executive Directors who is on the Remuneration Committee ( ie responsible for fair pay throughout the company) appears to have received a 20% to 25% pay increase in the year. 2) ( and this is tucked in small print). For 2011-12 each executive director( ie full time) will now be able to earn a proportion of their annual bonus on"personal performance objectives"!ie doing the job they"re already being paid to do anyway. For previous years a bonus is only payable if financial objectives met. In summary all are v likely to pIck up a reasonable bonus even if financial performance doesn't justify it.
The words "double standards" just don't come to mind. Do they?
Join Date: Jun 2011
Location: UK
Age: 61
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If anyone hasnt seen the Finnair/Flybe Nordic news yet its here:
Finnair and Flybe to set up Flybe Nordic and acquire Finnish Commuter Airlines | Cision Wire
I wonder if the directors/senior managers pay has a 'no revolving door' clause that means they have to stay with the airline for a minimum period - say 5 or 10 years - so that any 'brilliant idea' they have that proves to be short term profitable, but long term disastrous is flagged up while they still work for the company? It's too easy for Management to get away with making changes, leave to work for another company and leave a trail of destruction behind them......
Finnair and Flybe to set up Flybe Nordic and acquire Finnish Commuter Airlines | Cision Wire
I wonder if the directors/senior managers pay has a 'no revolving door' clause that means they have to stay with the airline for a minimum period - say 5 or 10 years - so that any 'brilliant idea' they have that proves to be short term profitable, but long term disastrous is flagged up while they still work for the company? It's too easy for Management to get away with making changes, leave to work for another company and leave a trail of destruction behind them......
