Old 06-20-2012 | 05:09 PM
  #8  
justfun
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Joined: Apr 2011
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Eagle Fly here is part of the deal contained:
-13.5% stake in the new company upon exit from BK
-3-4% Raise on date of signing, 2% per for 3 years then industry average to include Delta, United and US Air
-sequence protection
-Eagle gets 79 seat jets and below, with a reduction in ASM's they are allowed to fly pertaining to the narrow body fleet, 110% down to 75% of ASMs
-PBS with in the year
-60% of ASMs for code sharing
-per diem increase to $2/hr
-work rules were vague and not completely worked out.

This deal was worked out with Judge Peck in the room. He was not completely one sided, but you could see that he was leaning towards the company.

Hope this helps Eagle Fly

Have a great day. The future is unknown for many people, this is uncharted waters, no pilots contract has ever been abrogated in BK.
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