Originally Posted by
rickt86
Everyone wishes they had been that lucky! However, what about the point of Ch11 and all these agreements, from ASA's to flow throughs?
AA declaring BK ( which is seeming more and more likely by the day) won't affect the 824 who are slated to go from Eagle. That is pretty much written in stone.
However, the "on property by Oct. 11th" flow through agreement may-and most likely will-get eliminated. As it stands there are a number of factors which would nullify it anyway.
Either way, all of that pales in comparison to our shiney new TA. I don't think any new hires have been made aware of the new contract that is getting ready to be passed and the implications.
Among other things: we are getting a pay cut. Basically all ERJ pilots in the bottom 100 of the seniority list, including any future new hires will be paid ATR rates. Also, no yearly IAI increases since Eagle now claims that pilots somehow "owe" the company money. Did I mention that Eagle is also going to start parking the ATRs and 140/135s?
To those on the bottom of the seniority list...I would keep your resume fresh.