Originally Posted by
Chuck Essential
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The initial 8% hourly pay increase in the TA is significantly offset by the JV production balance, sick leave, and productivity concessions. Next year, the 6% is almost totally offset by the profit sharing conversion (assuming a PTIX of at least $6 billion), but we get about 1% more in vacation and training pay. Any raises granted to more than 30% of our fellow employees will be matched for us, up to 3% annually. In all, we realistically stand to not realize the initial net increase and probably not much more, if any.
Council 1 Captain Jon Lewis, Chairman First Officer Eric Hall, Vice Chairman
Council 20 Captain Bill Bartels, Chairman First Officer Rich Wheeler, Vice Chairman Captain Tom Bell, Secretary-Treasurer Council 54 Captain Jud Crane, Chairman First Officer Roger Goodwin, SecretaryTreasurer Council 66 Captain Tom Brielmann, Chairman First Officer Chris Hazleton, Vice Chairman Council 108 First Officer Ryan Schnitzler, Vice Chairman
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After the TA failed, the Negotiating Committee Chairman challenged any of those named at the bottom of this statement to provide proof of the speculative financial impact analysis and not a single one of them could give an explanation based on facts. Several of them were asked during their own LEC meetings to provide the proof and, again, they could not.
The only defense they had was their admission that the statement was provided by a third party and none of them had come up with this analysis, but they believed it to be true, nonetheless, and published it.
It was a pure conjecture and it was published by this group in an effort to bolster the vote against the TA.
Ok Chuck,
If not 8%, what was the value ALPA placed on the concessions for JV production balance, sick, LCA trip pulls etc? The rebuttal never assigned a number. Given the excellent foresight on 3B4, they must have seen JV being a huge value now that we are soon to own 49% of AeroMexico and have a board seat on China Eastern and GOL. Also an increased stake and credit backing facility with GOL guaranteeing their debt.
And the 1E9 debacle is truly evident. You were being lead by the nose by management. They fed you the arguments and you ran with it instead of doing your own due diligence. Then the MEC chairman (and the Yes voters) decided to go all in with the hard sell when the tough questions came.
What was the value of the concessions again?