Thread: Comair updates?
View Single Post
Old 07-10-2008 | 02:06 PM
  #5844  
RJtrashPilot's Avatar
RJtrashPilot
I have shiny jet syndrome
 
Joined: Jan 2008
Posts: 984
Likes: 0
From: ELACS, FACs and SECs. Who doesn't love 'em?
Default

Originally Posted by Diver Driver
I keep seeing memos in my email about the upcoming displacement bid... is the company and/or the union doing anything to mitigate the amount of involuntary furloughs that will take place? I have heard almost nothing as of yet pertaining to potential options, whether it be senior buy-outs, voluntary furloughs, reduced line values, short and long term COLA's, etc.

Does anybody know what they are planning??!!???!?!
Yes. That is all still being negotiated. It is coming, just try to be as patient as you can be in this trying time. Once everything is squared away with the union and the company, there will be plenty of communication from both sides.

Some things you can expect (I'm not privy to details, just basic ideas):
--Some sort of buyout for senior folks
--Reduce min line values
--COLAs
--Voluntary furlough packages
--Involuntary furloughs, displacements and downgrades will take place after all the above options have been fulfilled to the maximum extent possible.

For example, the company has used the number 300, which seems high to me, but let's use it anyway.
Let's say 15 senior guys take the buyout, and they get min line values down to a figure that would save 50 pilot jobs. They offer COLAs in monthly or 2 to 3 month blocks and another 50 pilots take those. For voluntary furloughs, let's say anoter 20 pilots take those. That's 135 positions they managed to mitigate. So, they would have to involuntarily furlough 165 pilots.

Again, that is nothing official! I was simply using arbitrary figures to show how it will basically work.
Reply