Originally Posted by
Redeyz
We all wait with bated breath on how well (or unwell) the TA looks. I am caustiously optimistic it is a solid contract.
A point to remember is the back drop of the global economy and the industry during negotiations. The last 3-5 years, the industry and economy have been favorable from the pilots side to negotiate and good contract.
It could be a bit early to predict, but with currency devaluations in China and surrounding countries, China's economy and stock market falling off a cliff and creating a ripple affect in Europe and possibly the U.S., the proverbial window for negotiating a rock star contract could be closing. Only time will tell.
Originally Posted by
pilot141
This. ^^
We have the company by the short hairs, they HAVE to get something done before peak, but times change. Three years ago the company was in the driver's seat - now we are. Let's hope that the NC got something worthwhile to bring to us.
I can't express how many fingers and toes are crossed that this TA has some dramatically needed improvements in scheduling, accepted fares, retirement, compensation, etc.
However, if it doesn't and TA gets voted down in the Oct/Nov time frame, it is likely too late to seize the contract that we all desire. For it could be too late to negotiate improvements for TA 1.2 before Christmas 2015.
And this recent "economic window" for pilots "COULD" be closing.
The following article depicts the back drop of the developing environment.
Logistics Stocks Hit Hard in Market Swoon - WSJ