Originally Posted by
RJtrashPilot
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.
Thanks for some insight.
What you describe sounds like it can take some time. After this displacement bid is published, is that when the senior buyouts, COLAs and voluntary stuff start to happen?
They say reductions will happen Sept 1st, seems like all that stuff can take longer than a month or so. I'm just trying to get a better idea if/when I will actually get the boot. The only thing I do know is that it will be 14 days after they tell me...