Originally Posted by
LeineLodge
I'm not buying it. Exactly what other parts of the contract are funding our significant (compared to industry peers, matching SWA) pay increase?
I don't know what other parts of the TA are funding it, Ed and RA didn't say. If I had to guess, I would say it's being funded by our very large concession on ALV's and reserves...which is huge. I would also say it's management's plan to remove higher paying mainline jets, and replace them with much lower paying mainline jets. That's REALLY huge. Again, that's just my prediction...because management was silent on those details.
And by the way, we will NOT be at pay parity with SWA at the end of this TA. Not even close. We might be near pay RATE parity, but nowhere close to compensation parity.
Originally Posted by
LeineLodge
Side question, as I'm really curious on this one. What is your opinion of the JV language in the TA versus what we have now? Do you consider it worthless because it was written by ALPA lawyers? What cost/value would you attribute to that if things go south in NRT and Delta suddently wants to JV away our Pacific flying?
The JV language is OK. But it shows me that management only gave it away because they had no intention of ever needing it. Instead, they fought REALLY hard and GOT their additional 70 mainline replacement jets. In my view, they fought for that because they have every intention of using it.
Carl