Originally Posted by
Buck Rogers
I think the flaw in sailings thoughts is time and patten bargaining. At first blush what he said is true. But, after we monitized PS...the other carriers came along and demanded Delta or better rates....so they capitalized on our monitization. So, now fast forward a coupla contracts with pattern bargaining and Delta pay will equal AA and UAL. IOW...other carriers reap the rewards of us monetizing the PS. If your time frame is 1 possibly 2contracts....you are prolly money ahead on the switch....if you have multiple contracts I'd stall with the current PS. The bigger negotiating gambit is who( which carrier) settles first...in an improving economy..I would rather not be first
Additionally...straight line pay rates shine like a beacon and even the most inept Wall Street guy can parse the cost.....PS is much harder to cost out consequently less damaging to stock price.....we may not care....but the exes do
I would agree all carriers reaped the rewards. I really don’t care as it set our rates higher and since 2009 our contracts have set the standard. Even the last contract TA1 basically established the industry rates. The UAL CEO announced after the Tentative agreement that it forced his hand and they would come back with a much improved offer to the UAL pilots.