Originally Posted by
What
For your reference, the 30ish million you speak of of is a clause in the current contract that adjusts longevity to the 2nd lowest regional in the industry whom operates 150 airframes or more. There is a 30 something million dollar credit applied to that adjustment. This adjustment is set to take place around the midpoint of the 8 year contract, spring 2016.
okay, I didn't fully grasp the explanation while the discussion took place. Whatever this adjustment conference is; they want it to go away; since they now feel the lowest two pay scales will likely be raises for you guys. So, I'd look at what else may be hidden in there that would go away with it also.
They also want to increase benefit contributions. It does sound very much PSAish without a B scale, and with a whole lot more jets, and a much better flow thru program.
I'm fairly certain from taling with my nephew (at Eagle) that their new MEC is not likely to accept this either. The majority of them are of the opinion that the company will have to sweeten the flow-thru program just to attract new hires; and that they can't staff their current flying; will begin parking planes for lack of pilots soon, have returned block hours next year to us already, and they are convinced they'll have to give them at least some of the new planes anyway.
pretty ballsy