Thread: TAJV
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Old 10-13-2016 | 12:47 PM
  #69  
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Originally Posted by vilcas
I am confused why the JV scope thing is such a big deal to people. 2% reduction is about 1 roundtrip flight. Staffing reduction couldn't be more than 10 pilots. Also this isn't even a reduction just a reallocation to other theatres. I can't imagine the company paid all that money for 350 sim unless they were actually going to take orders of the 350. I also don't think it's being aqcuired to fly domestically. It appears that people were expecting no wins for the company in this negotiation. A good deal means both parties get something. Again I understand people would like to go back to the pre 9/11 glory days of aviation where a whale captain was making 400 and hour with full pension but I believe those days are gone for good. If I thought for a second we could get back there just by negotiating more I would support a no vote. This TA is all about cost benefit for me. A yes vote takes the overall gain. Maybe not as much as we had hoped but more than we had.
Agreed on all points except the $400 an hour pilot is gone.

Including PS a senior A350/777 Captain will have an effective payrate well into 400k with a base payrate of $354 an hour before PS. That pilot will easily max out the 16% DC, and have a nice amount of 401k excess cash to put into IRA.

The money on the table here is so significant that IMO the MEC must send this to the pilots for final say. Turning this back by the MEC could potentially cost the pilot group an eye watering amount with compounding and time value of money factored in.
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