Merger?
05-23-2018 | 10:15 AM
#4
Line Holder
Joined: Nov 2016
Posts: 304
Likes: 3
Counter would be if AWA had plans to do any of the above you would move money back - not front load it. So you would not offer any bonus, a small year one raise and have larger ones in 2-3 knowing the pilots wouldn’t see it. Instead they are ( assuming it passed ) paying 400 pilots 8K in a 15 month span. And a tiny raise year 3.
If they knew they wouldn’t be around in a year they could offer a TA with 5% raises in year 2 and another 5% in year 3, but only 1-2 in year one.
Instead if they front loaded the money over the next 16 months. Doesn’t add up to a move you make if you are shutting the doors.
That said who knows what the master plan is and isn’t.
If they knew they wouldn’t be around in a year they could offer a TA with 5% raises in year 2 and another 5% in year 3, but only 1-2 in year one.
Instead if they front loaded the money over the next 16 months. Doesn’t add up to a move you make if you are shutting the doors.
That said who knows what the master plan is and isn’t.
05-23-2018 | 10:51 AM
#5
Gets Weekends Off
Joined: May 2017
Posts: 171
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Counter would be if AWA had plans to do any of the above you would move money back - not front load it. So you would not offer any bonus, a small year one raise and have larger ones in 2-3 knowing the pilots wouldn’t see it. Instead they are ( assuming it passed ) paying 400 pilots 8K in a 15 month span. And a tiny raise year 3.
If they knew they wouldn’t be around in a year they could offer a TA with 5% raises in year 2 and another 5% in year 3, but only 1-2 in year one.
Instead if they front loaded the money over the next 16 months. Doesn’t add up to a move you make if you are shutting the doors.
That said who knows what the master plan is and isn’t.
If they knew they wouldn’t be around in a year they could offer a TA with 5% raises in year 2 and another 5% in year 3, but only 1-2 in year one.
Instead if they front loaded the money over the next 16 months. Doesn’t add up to a move you make if you are shutting the doors.
That said who knows what the master plan is and isn’t.
The decision to go with a front loaded bonus as opposed to using that money for an hourly rate increase is interesting, to say the least.
05-23-2018 | 11:37 AM
#6
Line Holder
Joined: Nov 2016
Posts: 304
Likes: 3
This is incorrect, and I recommend you look into the “successorship” section of our current contract/the new TA. In plain English, whatever contract we are under if we are sold or merged must be honored.
The decision to go with a front loaded bonus as opposed to using that money for an hourly rate increase is interesting, to say the least.
The decision to go with a front loaded bonus as opposed to using that money for an hourly rate increase is interesting, to say the least.
I dont see that happening though. We are worth much more as a whole company if for no other reason then it comes with 550 pilots already trained. So to your point and if a m&a is more likely - a cheaper contract increases the value of the company.
Actually what is the most likely is the status quo. That’s my prediction. Nothing will happen.
05-23-2018 | 11:46 AM
#7
Gets Weekends Off
Joined: Aug 2009
Posts: 841
Likes: 0
Let's be honest, no one knows. Speculation and rumors rarely come true when it comes to awac. Odds are status quo till they can't.
Also, all these former awac people spouting off left and right like they know anything is amusing to put it kindly. Spend 6 months at a company in business for 60 years and suddenly become guidance counselors to anyone entering the industry.
Also, all these former awac people spouting off left and right like they know anything is amusing to put it kindly. Spend 6 months at a company in business for 60 years and suddenly become guidance counselors to anyone entering the industry.
05-24-2018 | 03:04 AM
#8
Line Holder
Joined: Nov 2016
Posts: 304
Likes: 3
Let's be honest, no one knows. Speculation and rumors rarely come true when it comes to awac. Odds are status quo till they can't.
Also, all these former awac people spouting off left and right like they know anything is amusing to put it kindly. Spend 6 months at a company in business for 60 years and suddenly become guidance counselors to anyone entering the industry.
Also, all these former awac people spouting off left and right like they know anything is amusing to put it kindly. Spend 6 months at a company in business for 60 years and suddenly become guidance counselors to anyone entering the industry.
05-24-2018 | 12:42 PM
#9
Gets Weekends Off
Joined: Aug 2015
Posts: 237
Likes: 0
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