Originally Posted by amcnd:1317242
But 90% will land jobs at XJT/ASA/SKY/RP/AE and would be better off in 2-4 years, then the 450 downgrades that will never be Captains again.. The top 450 will lock in those spots and not go anywere... Not to mention the total slap in the face of former Comair employes... The way i look at it is the above airlines will hire 2000 pilots over the next 1-3 years if it fails. If it passes they may only hire 500.. Between them all... Time will tell but Delta has changed there hiring plans more then 4 times the past year so don't count on that...
You and I are thinking on the same page. I posted this on other thread:
Spot on. IMO, any FO who votes for this TA is doing themselves a major disservice as the ramifications of voting in the TA will follow the FOs and some of the junior captains to their next job. It is a better financial and career situation for most Pinnacle pilots except for the very senior older pilots to vote the TA down and have the company shut down. I have several reasons.
First, many FOs see the severance package as an attractive reason to vote yes. That severance package is actually your own money that will be taxed higher. If you vote no and just throw 9% of your money into a savings account every month til shut down you'll have a severance package just as good.
Next, if PNCL shuts down 81 900s will have to be placed elsewhere at a higher rate and therefore compensated better. PNCL FOs will be first in line to benefit from those jobs not only because they will be furloughed first during a wind down but also because the top 400 or so at PNCL who are older and haven't been an FO in decades will likely either retire, switch careers or apply to majors/lcc's etc. Doubtful many will apply at another regional. Vote in the TA and those now senior to mid level captains will occupy 400 captain slots and 400 FO spots at very low pay rates for several years(Not sure how long the TA contract length is). Even with the "flow to the interview" it's still doubtful many will move on.
Lastly a wind down of PNCL will cause several other regionals not in bankruptcy to grow quite quickly. 41 900s and many 200s(at least until the 717 fleet starts reaching a significant size) will go to a regional not in bankruptcy very quickly, then another 40 firm to potentially 70 900s in the long run. Skywest, XJT, Air Wisconsin and GoJet is all that is left to operate these aircraft. Each would have to hire so many so quickly first year pay would likely be thrown out. Vote the contract in and Not only would FOs be furloughed anyway, there would be at at least 800ish jobs less to go to as they would be occupied mostly by pilots who have been at PNCL 10 years+ locked in at payrates other regionals pay their junior capts,FOs.
PNCL FOs and very junior captains, dont vote yes and give yourself a significant paycut to get furloughed anyway and paid a portion of your own money as you exit. Don't vote yes and dampen your own career prospects to save the job of only the very senior who will be paid as junior pilots while hindering your own pay at your next job if it be another regional.
Just vote no and save yourself in the long run.
Good luck with your decision