1) All PC-12 captains are on a 42% pay cut to $35K. 50% payout for King Air $70k down to $35k
2) Monthly Guarantee has dropped 35% from 70hrs to 46.62hrs. (Capt)
3) Company Health Care insurance explodes - without any notice - increases health insurance expenses by 50% per month.
4) Cancelled accumulation of all PTO. All earned PTO is paid out at half pay now and cannot be cashed out like as previously could. (Pilots don't have it but MX has had PTO returned since Jan.)
5) Termination of the entire 401K program.
And the planes are beat to death.