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Old 06-25-2009, 08:17 AM   #11 (permalink)
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Originally Posted by Eric Stratton View Post
Why is everyone up in arms about this. It's less than a 10% paycut for the year and they don't have to fight to get their pay back. If they continue to come back and ask for more money then that is something else. If they don't then it was only about a 10% paycut for the year.
Ask the Pan Am guys in the mid 80's about that; 'just take a % cut, there's an automatic snap-back'.

Long story short, it never snapped back.
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Old 06-25-2009, 12:39 PM   #12 (permalink)
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The downturn in the world economy is REAL. If BA goes into receivership, the employees won't get ANY checks for a while. Then they'll start getting them again, but they'll be for a lot less. They may look back at the times when they were only being asked to work "one month for free" as being the Halcyon Days of their company, and of their carreers.

If I were in their shoes, I'd seriously consider the offer.
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Old 06-25-2009, 06:31 PM   #13 (permalink)
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Why does "Will Work For Food "come to mind when I read this thread?


Fred
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Old 06-25-2009, 06:33 PM   #14 (permalink)
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Quote:
Originally Posted by Sniper View Post
Ask the Pan Am guys in the mid 80's about that; 'just take a % cut, there's an automatic snap-back'.

Long story short, it never snapped back.
The only snap back was a trip into the history book's .


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Old 06-25-2009, 08:32 PM   #15 (permalink)
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If they dont have the money to operated they should you under.Sooner or later they will sell flight tickets for the right price.Today I booked a flight from SAN to JFK next month $250 round trip.I think it should've cost me doble that and I would've paid it.
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Old 06-25-2009, 08:33 PM   #16 (permalink)
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Do Not Work For Free
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Old 06-25-2009, 10:57 PM   #17 (permalink)
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If I may put some figures on this BA proposal, it might help make comparisons with the situation in the USA more understandable. Amongst other money saving plans, BA is requesting staff consider working for free, for one month, with the money being taken in installments over six months, rather than over one month.

In other words, an 8.4% pay cut over the year.

The individual employee would see a 16.7% reduction in pay for six months, then an automatic snap-back to normal salary levels. Crucially, pension entitlements remain untouched.

For BA pilots, flying 900 hours per year, in dollar terms, it means this:

  • Sen Capt....B744...(Year 24)....$251,500 pa... $280 ph down to $234 ph.
  • New Capt...B777...(Year 15)....$191,100 pa... $210 ph down to $177 ph.
  • Sen F/O.....B777...(Year 14)....$150,200 pa... $165 ph down to $139 ph.
  • New F/O.....A320...(Year 1).......$95,100 pa... $105 ph down to $ 88 ph.

The PR side of this proposal could have been better handled, however, compared to what's happened to pilots' salaries in the USA over the last few years, I wouldn't say it is too bad.

If that's what it takes to keep the airline afloat, I've little doubt the pilots will go for it, or something like it. Wouldn't you?

Best Regards

Bellerophon
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