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Old 03-05-2016 | 10:36 AM
  #4206  
NoCoairbus
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Joined: Jan 2016
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Our pay scales absolutely suck. But we were handed 2 ******* sandwiches if a matter of just a few years when no other airlines were hiring. The options were 1) turn down the pay cuts and see the company, and our jobs liquidated or 2) take the cut and survive to fight another day. We chose to do what was needed to keep the company afloat. It saved 1000s of jobs and gave guys the ability to stay employed while they looked for other companies if they chose to try to leave.
Bankruptcy law and the RLA hamper the employees. They put us at a major disadvantage.
We also negotiated a 4% equity stake for the 640 pilots that were at Frontier when we took that second cut. Current rumors are valuations of 2 billion dollars. That would be $80,000,000 divided by 640. That's not chump change.
I don't like the situation but we did what we needed to do to survive and fight another day. And that day is now.
The fact is: if you've been at Frontier for less then 5 years, the only reason you're able to work here at all, and that Frontier continues to exist is because we took those cuts.
That we survived the assault on our seniority list by the Teamsters and the Republic pilot group is a miracle in itself.
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