Originally Posted by
LeineLodge
Serious question because I keep hearing this.
Can you show me the 3.B.4 math that will get me a 3% raise YOY? Please cite specific pay tables from AA and UA. I keep hearing how this will mitigate TVM but I haven't taken the time to look into it yet.
I've only it payout the half percent that we just got. I'd like to believe you but I'm not getting a warm feeling about 3.B.4 being our secret weapon.
Leine,
Serious question; Are you a P2P guy?
The sense I get from the P2P message is that it is this deal or nothing. It seems to me that the company has more to lose with a failed TA than the pilots. Are these raises so "historic" that we should accept a bunch of concessions? I don't think these pay increases are enough even without the concessions.
I don't think 3.B.4 is a secret weapon, but isn't it interesting that this TA will change the formula for it to include PS. American doesn't have PS. Why would the company want to change it if it's not a lever of some value? On top of that, this TA will change the way PS is calculated to remove the executives share, lowering ours. Why do you think they want to do that?
The bottom line is that this TA is not worth as much as C2012, yet the company is about five times as profitable. I can hardly believe DALPA let it get this far. If the company were losing money and the industry trends were on a downward trajectory, I would understand and agree. As we all know, that is not the case. I am former NW. I think you are too. Remember when RA gave us 10% for a one year contract extension. That wasn't during record profits. That was at a time when the whole industry was starting to go over the cliff. We got 10% with no concessions at all. Now we're making record profits and you think this is the best we can do? Sounds like the P2P message to me.