Originally Posted by
OhSnapAF
Why do the NJA pilot group continue to live like bartered wives? “He’s not hitting me now but he will in the figure...”
You can only negotiate for today and plan for a bright future. You think NetJets won’t beg for recessionary contract or threaten to furlough if crap hits the fan? Deal with it when it comes, in the meantime, fight for what you want and deserve.
Read any financial history book and you’ll be absolutely shocked to find, that the economy has highs and lows, and the low is now years overdue. If you and every other pilot could predict when the highs and lows hit, you wouldn’t be pilots. You might have locked in better pay which would have otherwise been impossible to negotiate if a recession hit when the contract became amendable. You might also have locked in 3rd rate contact language for another 7 years. How being might you be then?
They didn’t beg for contract concessions last downturn. They simply furloughed 495 pilots. Which if done today would be up to a 07/2006 hire. My guess is the same would happen again.
Non unionized work groups lost their 401k match and company paid health care.