Pinnacle Mangement Bankruptcy Proposal
-elimination of the minimum day
-management option to cap all pilot line awards at 75 hours
-a reduction in per diem
-10 days off for reserve pilots
-relief on maximum line ranges
-the virtual elimination of premium pay and open time
-more expensive and less favorable health insurance
-the elimination of ESL, premium sharing for loss of license and LTD
-greatly reduced 401(k) match
-decreased pay rates for all pilots: 5.8% reduction in for all Captains and CRJ900 FOs and 2.0% for all other FOs (which results in a combined rate for FOs)
-no across-the-board rate increases until 1/1/2014
PLUS much, much more.
They basically went line by line through the contract and made everything worse.
Last edited by vtx531; 05-08-2012 at 08:11 PM.