Originally Posted by
EWR73FO
I'm missing something here. How were UAL pilots actually harmed?
One part of a unified single pilot group (for the purposes of a joint TPA) got money outside the TPA that another part of the same pilot group did not get.
As I said, to tie it to the settling of a minor grievance was simply to give the company plausible deniability that it was really for public consumption on Feb 14 that the merger was going smoothly.
CHICAGO, Feb. 13, 2012 /PRNewswire/ -- United Continental Holdings, Inc. (NYSE: UAL) "My co-workers worked together all year to deliver solid financial results, reliable operational performance and excellent customer service," said Jeff Smisek, United Continental Holdings' President and CEO. "We are sharing the results of working together by distributing more than a quarter of a billion dollars in profit sharing."
United Continental Holdings, Inc. - Investor Relations - News
AGREEMENT between CONTINENTAL AIRLINES, INC. AND UNITED CONTINENTAL HOLDINGS, INC., and the PILOTS in the service of CONTINENTAL AIRLINES, INC. as represented by THE AIR LINE PILOTS ASSOCIATION
2. Profit Sharing. Continental Pilots will participate in the United Continental Holdings, INC, Profit Sharing Plan in accordance with the terms of that Plan, for calendar year 2011.
3. Sale of 767-200’s. CAL ALPA hereby withdraws and dismisses with prejudice Grievance numbers 6.11.027C and agrees that it will not file any other grievance or legal proceeding challenging the sale of Continental’s B767-200 fleet or otherwise attempt to hinder or impede those sales.
Pardon me, it was the 767 and I believe it was regarding 10 of them. Estimates were that we had a slim chance of winning it and if we did the penalty to the company would have been less than a million dollars. We "leveraged" this for $40m in profit sharing. Either we were grievance geniuses or something else was afoot. When has the company ever rolled over for millions of dollars to the pilots. Heck, they'll miscalculate our pay by a dime knowing that we won't get through the Inception-like hall of mirrors that is our pay claim screen, and precharge for a buddy pass so when the buddy doesn't get on the flight the Flying Together refund process is like going to the DMV in Havana.