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Thursday, January 23, 2014

Alaska Airlines Reports Record High Profits as Airport Workers Earn Record Low Wages!

Posted by on Thu, Jan 23, 2014 at 12:20 PM

Alaska Airlines profits soar as airport workers wages stagnate.

Hooray for Alaska Airlines!

Alaska Air Group Inc. reported fourth-quarter net income rose to a record $77 million, or $1.10 per diluted share, from $50 million, or 70 cents a year earlier, besting analysts' expectations. ... For fiscal 2013, Alaska reported income rose to a record $383 million, or $5.40 per diluted share, from $339 million, or $4.73 per share in 2012.

And Alaska could really use that extra cash right now, what with how expensive it must be to hire all the lawyers and lobbyists necessary to fight against paying a $15 an hour minimum wage to Sea-Tac Airport workers like Alex Hoopes:

“My first priority is my health and having enough food,” said Hoopes, who used to make $21 an hour with benefits but lost his benefits and had his pay cut to $9.50 an hour after his airline job was outsourced to a multinational airport contractor.

On a related note, Alaska says that it shelled out $105 million in "incentive pay" last year, which I suppose is great for Alaska executives. But they paid fuck all to outsourced workers like Hoopes who make a fraction of what they did a decade ago. Because capitalism!

 

Comments (17) RSS

Oldest First Unregistered On Registered On Add a comment
1
Sooo

Some guy, with the union extorting the airline, was being paid $21 an hour to clean airplanes or stand at a ticket booth and ignore or misdirect passengers. Now his wage is appropriate to the level of training and initiative he put out for his job and he's pissed?

Pardon me while I go off to get a hanky to wipe away the tears. Of laughter.
Posted by Seattleblues on January 23, 2014 at 12:30 PM · Report this
Matt from Denver 2
@ 1, I suppose if I had as myopic a worldview as you, I'd find it funny. Or as cruel a sense of humor as you've exhibited. Thank goodness I'm smart, kind, and objective.
Posted by Matt from Denver on January 23, 2014 at 12:37 PM · Report this
COMTE 3
Ah yes SB, more of that "compassionate conservatism" about which we've all heard so much.

And of course, the fact that airlines now upcharge you for the same services that were included in the ticket price when this man was earning a living wage is of no consequence whatsoever, right?

You are just an utterly despicable human being - no, strike that - "humanity" is not a designation anyone would associate with someone of your ilk.
Posted by COMTE http://www.chriscomte.com on January 23, 2014 at 12:38 PM · Report this
4
@2

What was that, Mile High? You're not smart enough to realize you're objectionable
Posted by Seattleblues on January 23, 2014 at 12:43 PM · Report this
5
Can you back up the "record-low wages" claim made in the headline, please?
Posted by pkbrown on January 23, 2014 at 12:46 PM · Report this
6
Screw Alaska. Don't fly them and let them know why.
Posted by gnossos on January 23, 2014 at 12:58 PM · Report this
7
Is it possible that this kind of savage free market capitalism gives us access to affordable goods and services and makes us all richer in the long run?
Posted by Ken Mehlman on January 23, 2014 at 1:05 PM · Report this
8 Comment Pulled (Trolling) Comment Policy
9
@7: Factually, nope. See the decrease in wealth of the lower 80% of society over the last 50 years, as both a proportion, and simply in terms of real assets.
Posted by Hanoumatoi on January 23, 2014 at 1:26 PM · Report this
10
"Screw Alaska. "

Are you kidding? I just got 4 tickets to Orange County for under $700.
Posted by We're going to Disneyland baby! on January 23, 2014 at 1:28 PM · Report this
Will in Seattle 11
A state bill to raise the state minimum wage to $12 is filed.

Get used to $15 an hour, cause it's coming.
Posted by Will in Seattle http://www.facebook.com/WillSeattle on January 23, 2014 at 1:49 PM · Report this
12
This public service announcement was brought to you by: Heather Weiner.
Posted by hmmmmm on January 23, 2014 at 3:24 PM · Report this
watchout5 13
"I don't want to pay my employees so much I'm going to pay money to other people who will help me not pay the other people so much"

Oh capitalism, you're so amazingly stupid sometimes. It's like the anti-GMO propaganda they spent millions on. Gee, if they would have sunk half that money into the kind of propaganda that makes us want their product they probably would have been in a better place than always on the defensive.
Posted by watchout5 http://www.overclockeddrama.com on January 23, 2014 at 3:54 PM · Report this
14
@9 Some might say that the decline of the middle class has happened in spite of rather, than because of, tax cuts and deregulation. Ronald Reagan won the 1980 election, in large part, because the Keynesian economic policies of the previous decades were no longer working.
Posted by Ken Mehlman on January 23, 2014 at 5:19 PM · Report this
15
@14, I mean.... Some might say the Earth is only 6,000 years old. That doesn't make it a real debate though. It's just some crazy shit some people say.
Posted by tacky on January 23, 2014 at 7:09 PM · Report this
16
@14 Oh please, Even the Bush family knew Reaganomics was voodoo. They cashed in on it but at least H.W. publically acknowledged that it was bullshit.
Posted by Machiavelli was framed on January 23, 2014 at 9:34 PM · Report this
17
@15 & 16 Never the less, the stagnation of middle class wages began well before 1980. Hence, today's wealth inequality has not been, entirely, caused by Reaganomics.
Posted by Ken Mehlman on January 24, 2014 at 6:47 AM · Report this

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