Originally Posted by
There is line
I never thought we would get a B fund without accepting PBS. The pay is not all we were asking for but after all those were arbitrary numbers anyway.
To get full retro, B fund and a decent pay raise without giving up much (section 1 is still a big deal and we need to read the fine prints) is more than I expected.
I feel the same way. The company's platform was no B fund under any circumstance but now we have a B fund in the AIP. I also know from talking with an old school former SWAPA guy the company's platform included PBS but there's no PBS in the AIP. We got a very good economic package and they got codeshare. I trust JW & Co will not be swindled into codesharing with weak language. I'm sure legacy guys will have much to say about that. I cannot put my thoughts about g k on this forum but I understand negotiations are give and take, especially when negotiating in federal mediation.
Here's something to consider: As a percentage of the stated platform the AIP works out as follows:
Pay: 97% (Final pay $280/HR vs $289/HR)
Retirement: 94% (15% B fund vs 16% B fund)
Retro: 79% $53k vs $67k (Platform stated 4/4/5.9 and we got 3/4/4)
The reality is no one gets 100% retro. Recent precident shows Fedex got 84% of full retro and UAL got 68%. My UPS friend says their TA has a $60k signing bonus for Captains paid over 6 months when his full retro far exceeds $100k.