Originally Posted by
forgot to bid
Disclaimer: this message is not Georgetg approved, vetted or similar quality.
Okay, so is it cost neutral? Yes. For the company it is. For us... it isn't, but imho it's a loss.
Using the numbers airlinefinancials digs out of the BTS and SEC data you can estimate what our total pilot costs are to the company. If we continued on our path of approximately 4% raises per year under the PWA and compared it to the TA, the TA is going to cost the company $90M more than the PWA would have for the 2012-2015 period. That $90M goes to us. Sounds like a win, but two things:
First, it's 1% over what our trajectory had us going at, or 6% YOY raises vs 4% before you remove 300 pilots across every category. So you can kind of claim 1% is neutral, but that's not the point. So throw this out.
Second, and follow me on this, by the end of 2015 with the TA we go from DCI 598/255 to 507/305. That is a drop of 91 aircraft. $90M TA pilot cost increase / 91 airplanes = $994K/yr lease / 12 months / .01% lease rate = $8.3M airplanes.
If those CRJ-200s being parked cost around $8.3M each, we're indeed transferring the cost savings from parking those CRJ-200s to us over the 2012-2015 time period. A Lumberg style win, we're getting compensated. A wealth transfer if you will.
So that would be cost neutral to the company and a gain for us. But that's the ruse.
From our point of view we get raises, 717s and 450 cap on RJs. For the company, they get
- A quick contract allowing merger mania to continue unimpeded,
- Rid of CRJ-200s they wanted to get rid of without paying extra for it,
- To reduce DCI down to a number they probably prefer,
- To get us to sign off on more 76 seaters that they wanted without having to give up 70 seaters which under the old PWA would've cost money,
- To give us raises without it costing anything to them,
- To use the TA as a leverage with Bombardier to do a swap and the DCI carriers to allow the changes to happen, and
- To leverage the 717s they were going to get anyways to get the pilots to sign off on a 27% jumbo RJ scope concession.
So they just hit a grand slam. They may have even made a profit on this whole thing.
Because without having to spend anything or do anything more than they would've done in the first place, they just got us to concede critical scope. So that's why imho it's a loss, because if we reduce our ranks due to the unnecessary jumbo RJ scope concession then that cost us all jobs.
Of all the blatant manipulative crap you have posted, this is the most blatant and manipulative. 1% of pay is over $20 million. 20% of pay is over $400 million. How did you come up with these numbers? Where does this 4% per year increase come from? Go back and read the contract, you just had your last raise under this contract. From here on, Zip Zero Nada. You just made them up, put them in a chart and then tried to make it look like you had some references.
This thread has gone from silly to ridiculous. Some fool tries to compare a strike at Comair in 2001 to a strike by Delta today. How much of the aviation market did Comair cover in 2001? How much does Delta cover today? What was the average system load factor then and what is it today? Is there any possibility that the rest of the nation's carriers could carry the passengers left by a Delta strike?
Here is the most frustrating part of this process. The union tries to relate to you data that was the given to the MEC by the Chairman of the NMB. She was not wishy washy or dissembling. She was blunt and direct. She laid out a road map for success and showed how everyone else was disregarding that road map and the penalties they faced from that recklessness. And we are spreading FUD.
FTB just makes things up, pretties them up so they appear authoritative, and he gets a free pass. Sure, make up a fleet that you admit makes no sense, but publish it anyway and scare people. Sure, come up with some bogus costing summary that is completely made up and try to deceive people.
In the end, most people see who is working on their behalf and telling the truth and who is telling lies. FTB, that is an embarrassing lie you posted and if you have a shred of integrity you will renounce it. I doubt it.