Originally Posted by
bgmann
2.) "Job Protection" (or "furlough protection"). There is only a "job protection" under 8 years IF "two" things continue. The furlough protection is ONLY VALID if: a.) American Eagle remains a wholly-owned company. At any point that AE becomes spun off and independent from AMR, the "job protection" is invalid. b.) AA "AND" AE remain the same. If AA "or" AE merges with anyone the job protection is INVALID. One or both of these things will LIKELY happen. AMR has made comments recently to make it a point to seriously look into spinning us off again after bankruptcy. And the second item, we have all heard about the confidence in an AA merger with someone.
While some of your points are valid, what you said above about furlough protection doesn't match the language we were given in order to cast our vote, which I have pasted below. Please see the second paragraph in particular. Just trying to clarify for everyone's benefit...
The furlough protection/job security provided only with the 8-year duration includes the following key provisions:
While Eagle remains a wholly-owned subsidiary of AMR and AMR/AA do not merge with another carrier, Eagle will furlough protect the lesser of the number of pilots required to staff 205-216 aircraft (at a calculation of approximately 9.6 pilots per aircraft which equals 1,968 (205 X 9.6) to 2,074 (216 X 9.6) pilots ) or the pilots required to staff 60% of the AA’s total regional network. This number would fluctuate within that range depending on the number of aircraft in the fleet each year.
If Eagle is divested or if AMR/AA merges with another carrier while Eagle is still wholly-owned, furlough protection will be provided to 95% of the Eagle pilots on the Eagle seniority list as of the AIP’s date of signing. Eagle (with ALPA’s oversight) will identify the pilot who is 95% down the seniority list. That pilot, and every pilot senior to him, shall be furlough protected in the event of a divestiture or AA merger with another carrier. For example, if AA merges with USAirways, that pilot 95% down the seniority list and everyone senior will receive this job protection.
If EGL is employing surplus pilots due to the furlough protections above, then AA will increase the percent of training slots in new hire classes available to Eagle pilots. For the “824” group entering AA new hire training, AA will now provide a minimum of 60% (up from 50%) of the new hire training slots to Eagle pilots. For the “protected pilots,” AA will now provide a minimum of 50% (up from 35%) of the new hire training slots to Eagle pilots. All other provisions of the “824” and “protected pilot” agreements remain in effect.