Originally Posted by
etflies
What is there to negotiate? My understanding is that when a set of predetermined parameters for the company's financial performance were met, our pay rates would (should) snap up to the rates already agreed upon. My understanding is that there is nothing to negotiate regarding LOA 67.
The pertinent part of the LOA 67 language is in A.3: "...The Company and FAPA agree to negotiate in good faith for further upward pay adjustments based op business conditions."
We've hit all of the conditions to trigger that language. Obviously the pilots didn't have the leverage, or just weren't able, to specify a percentage raise or specific higher pay rates. That language doesn't leave the company much wiggle room though - aside from some insulting proposal that isn't close to "good faith" as we've already gotten.
For anyone who want's to Monday morning QB LOA67 - When that was signed, we were walking the razor edge between being liquidated by Republic or bought by Indigo. This was a PART of what we get back. We opened the Section 6 negotiations a year early, and pilots who were on property under concessionary rates share a portion of equity in F9.
The company is just going to slow play this thing until they are forced to pay by an Arbitrator. We either have to embrace the suck or quit.
I believe the Arbitrator CAN set rates as long as they comply with LOA 67 "Further upward pay adjustments based op business conditions."