Originally Posted by
embraer
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.
How long have you been at eagle? Just curious as to what the conditions are that nullify the settlement that provides the jobs at AA? (the OCT 11 thing) I hear that kicked around all the time and have read the whole grievance settlement, but can't find anything other than a full liquidation of eagle that would nullify the settlement. With an AA bankruptcy anything is possible, but what does that agreement have to do with AA's debt or financial situation? It costs them nothing.