Originally Posted by
iahflyr
Inflation is ~14% since the contract became amendable in Jan 2020. This covers the first 5% of that inflation.
Uh oh, gonna have to side with the outrage crowd on this point. If you weren’t here for COVID, we took concessions that allowed the company to remain structured for the very successful recovery they’ve had. The 5% was our payback for their ability to make fast $$$ as travel demand rebounded. It was not then, nor should it now be considered as reconciliation for inflation- that’s what our Section 6 negotiations are for.
Many were against the LOA & believed it was naive to think our promised raise wouldn’t just get absorbed by our next contract- which is exactly what they tried to do with TUMI. At any rate, it’s up to us to hold them to their end of the deal. Any TA should completely exceed inflation on DOS
without relying upon this 5%. It may seem like a minor distinction but it’s important to understand what it is & what it isn’t.