Old 05-12-2022 | 05:17 AM
  #362  
JustNarced
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Originally Posted by CBreezy
What about a signing bonus with an end of contract annual pay rate adjustment?
I get it. A 40% raise costs well north of a billion annually and that money isn't currently there and wont be until we pay down our debt. The problem is, there is a legit pilot shortage and someone will end up without once the music stops. Working in our favor the industry has been able to build in a nearly 30% increase in RASM over the past two months alone, now an all time high. The CEOs for Hilton and Marriot were interviewed and talking about a 27% premium over 2019 highs. Viable businesses like Delta have been able to expand inflation well beyond costs as a final product to the consumer. There is no part of me that believes we will not return to QE, inflation is the only way forward without going into a Great Depression. My point, pay us in tomorrow's money but throw down an amount to make up for 2020-2023.

Six figure signing bonus into a tax free retirement vessel that's tradeable and DOUBLE our profit sharing percentages. Eliminate the <2.5B carveout. Restore the pre-C16 callout ladder (effectively end domestic system reserve). Positive Space to and from. Iron clad language with mandatory pulldowns for JV and CS flying. 30% for SLIs and LCA. Up front its a one time payment for a contract that was skipped, small overall costs to bolster our training department, ensure system reliability, end fatigue (the fatigue numbers in NYC need to be addressed) and pay the troops well going forward if we pull out of this. If the economy takes a dump, no 30% raise but everyone has a nice nest egg to dump into a depleted market at the bottom. If the market soars then profit sharing will make people very happy.

I think we said the same thing, I just spelled it out.
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