Originally Posted by
wareagle
That's why I said "in effect." The money owed that I was referring to is the amendment round credit. However, this group of pilots was almost undoubtedly going to reject the PBS system, and the penalty for that was a certain amount of money that ALPA would then owe the company. I'm saying, IN EFFECT, this money and the amendment round credit would have canceled out, and since I don't see any option in the TA for us to reject PBS after the 40th RJ, it looks to me like PBS is a sure eventuality once we sign, and therefore, in effect we're taking a payout but losing our ability to reject PBS. I could be wrong, that's just how I read it in the TA.
TA reads in part
"It is the parties’ intent to complete PBS implementation as outlined in Letter 13-04 no later than 120 days after delivery of the 41st EMB-175."
Please see LOA 13-04
"Ratification of a PBS LOA, in accordance with ALPA administrative policies, will be required prior to EGL implementing any PBS for the purposes of constructing and awarding pilot monthly schedules."