Originally Posted by
ghilis101
The logic that negotiating a second TA is not sound because locking in this TA in case we have another 9/11 may seem valid BUT... if we have another tragic industry event you and I both know our pay is getting slashed anyway (like it was twice before).
I don't want to trade widebody JV scope so I can be an e190 captain. That's robbing a very large Peter to pay a very small Paul.
Please read about the Virgin Atlantic global production balance. You're not getting the whole story from the NO crowd. If I was only hearing their side of the story I would feel the same as you.
This TA does give automatic compliance in the Atlantic. It does allow them to draw down an additional 4.5ish roundtrips per day in bundle 1. It does allow them to replace all of our airplanes with FTB's hypothetical c-150
BUT
If the do all that they have to maintain those WB hours elsewhere on the globe (global production balance). The language specifies they must be twin aisle (WB) block hours and they cannot be drawn down.
CG'a logic is sound. Sell high and let's do it again in 3 years. We're not selling you out. We are moving the ball down the field 1 first down at a time.