Originally Posted by
Big5
No WARN notice for me, no displacement to cancel, top of the lower class. Looking at a 53% pay cut immediately if this passes. How is this a win for someone like me? None of the “gives” in this TA can justify or offset that kind of pay cut.
And how close are you to the top of that bottom group? Company has indicated they are likely to furlough up to 3,900 by next year. This TA will likely retire another 655 pilots. If you are that close, you are likely to move up into the next tier after retirements accounted for so the MPG cut wouldn’t be what you stated.
And for the record, I’m a YES because I wanted three things:
1. To save pilots from being furloughed in a tough economy, job market/prospects...keeps an income, benefits, retirement.
2. No scope relief and this tightened it up
3. Clear ways to unwind this especially if the company was heading to bankruptcy.