Originally Posted by
310skying
Duration of negotiations has no bearing on if it’s the right time to strike a deal… As many have said Maury’s not stupid, and I’d argue right now, is more right for G4 than it is for any other airbus operator. Expect big progress by the end of July or early Aug.
In the last 25 years no other 121 airline has had a TA in under 2 years, I'd call that a direct correlation. Regardless, it's not the right time at all based on management's viewpoint. I would expect some progress to keep dangling the carrot and slow attrition, it will be enough to provide hope to those that keep thinking a contract is right around the corner but unfortunately just a couple years of stalling is a 7 figure difference in legacy opportunity cost if you're under 45.
Look at the facts, we have lost 69 pilots since the beginning of the year and hired 118. This nets +49 on the list and the number of classes have just increased to 2 per month for most months going forward so growth will be increasing assuming new hires keep showing up. If you do the math that attrition cost roughly 12 million a year to replace @ 70k a training cycle (2 per CA leaving). Guess what a 40% or 50% raise raise with a new contract would cost vs replacing attrition? It's significantly more, a conservative estimate would be 7 times more while factoring in lost revenue from cancelled flights (which will subside).
Originally Posted by
310skying
folks who say we’ve only been in negotiations for a year, are the same ones who say regional FOs only deserve $25 an hour because they paid their dues so everyone else should too.
That's an odd correlation to make between those two. What we deserve, what we want and what we are worth is not synonymous with the facts of the situation (see above) and the decisions management has made and will make.
Originally Posted by
310skying
times change, this not the same industry, or environment. Even the company knows that and has put more money out the door than they ever have because of it.
Unfortunately this is not true, see above. It would cost more to pay our list what we are worth, their solution has been to keep increasing hiring classes, increase TA hopium and outpace attrition. Also don't ignore that every economist is expecting a 99% percent chance of a recession and mngt has always been conservative with increasing cost during times of uncertainty. Unfortunately they will continue to enjoy their 50% pilot labor discount at our expense.