Originally Posted by
FDXLAG
And the bottom guy under either system is going to have zero say in what days he works. Under this TA the second to the last guy will have some say. More control over VTO lines, we asked for it we got it.
OK. More control. We got what we wanted. Let's say that's true.
But, we give up inefficiency in getting it by putting 20% reserve lines. This benefits the company tremendously. We need less pilots to fill our flying in VTO lines.
Many gains we got are identified by what we gave up to get them. But, conversely, it seems like many things we gave up, we got minuscule gains--like this reserve into VTO. And, many things we give up are gone forever. Our pay rates only increase for 6 years...then we have to bargain again. Things like 5% additional efficiency into VTO lines by adding 20% reserve lines into it, giving up HILO international, first class DH, 8-24, are gone forever--or we have to expend a lot of negotiating capital to get it back.
Where is the costing for these items from the NC? I see positive 1.67 billion and -27 million for health care premiums. But where are the negative values for needing 200-300 less pilots for the same amount of flying needed under this TA due to efficiency gains? Where is the negative value to the givebacks in HILO, 8-24, etc? Where is the negative value in health care prescription costs and tripled max out of pocket costs? Worst things about many of these negative costs is that they continue past the duration of this TA--forever unless we negotiate them back. And, we haven't even talked about the savings to the company by letting the A fund die in value by inflation eating away at it.
Someone posted on Facebook an analysis that the lost value in retirement alone is $70,000 and our gains per ALPA is $60,000. Add in more losses as I mention above and this is easily a negative value contract. The very definition of concessionary!
Think about it...no complicated numbers needed. Bonus eaten up by health care premiums, increased Rx costs (tripled), and increased out of pocket maximums (tripled). Pay increases eaten up by A fund death (because A fund is expected to be used for you and spouse combined life expectancy from retirement).
I almost always live within my deviation bank. Rolling bank is nice but not a huge value. Slot bidding has its pros and cons (see ANC post on ALPA website). There are a lot of other concessions. A lot of nice things in contract too, but many are very little cost.