There's no way that's public knowledge.

Fast forward to summer 2017 and there's a 2 year agreement with AA for 30 -200's.

 

You said what we are all thinking...I am a very senior FO...all I get asked by everyone is "You must be close to upgrade" At a normal airline I would have upgraded 18 months ago..now I probably would be in the class behind the current upgrade class that doesn't have a upgrade class date right now.

Because I see the NHs coming in...I know that I won't upgrade for another six months, maybe even longer...it's like I'm working at an airline in a parallel universe...the only one that has movement like they have furloughed and we are all stuck in the positions we were in when the music stopped.

A year ago I said no way am I leaving...I'm in a good place...now it's not even worth staying since he airline will shut down three months before my 401K is fully vested. How sad is that? This is the kind of calculus we are making.

 

Are you implying you'll stay just because you want your 401k to fully vest? I would think the long term benefit of moving on would be more than this. Besides, assuming you stay until within 12 months of your vesting date, you'll still get to keep 80% of what the company has contributed. That'll still be good money. Also, if you do stay until the end, I would assume everyone would be fully vested since the airline closing down is outside of your control. That would be a good question to ask on the AW forum as I know the 401k administrator does answer questions on there. Or send him an email.

 

Quoted for an answer cause I wanna know too.

 

Quote:
Originally Posted by toolowterrain

My personal opinions:

My biggest concern is that if this attrition continues (and I mean specifically F/O attrition), which is inevitable, with no significant NH's, AWAC will be forced to park airplanes at a faster rate than planned. To cover F/O's they WILL have to downgrade.

So the moral of the story kids is: if you are an Junior to Mid-Senior F/O you will NOT upgrade unless you stick around another 5-7 years. If you are a Junior-ish Captain, I tip my hat to you because I foresee downgrades. Interestingly, it's almost a cath-22 because one they start downgrading, you can say bye-bye to any potential new hires in today's regional environment. It's a loose-loose.

It is downright despicable what management is doing, and for this reason I am not afraid to 'put on blast', publicly, the company I once actively defended. Are Christine Deister (CEO) and Bob Frisch (COO) dead or are they retired, or in the Maldives? Are they being held hostage by Parker in the basement? I only ask because for a company that is in shambles with morale down to about 0% they sure are quiet. We do not see them, they do not communicate to their employees, they are just ghosts.


I am just glad I am not in both of those groups that will be most hurt. Good luck to all of us.
You said what we are all thinking...I am a very senior FO...all I get asked by everyone is "You must be close to upgrade" At a normal airline I would have upgraded 18 months ago..now I probably would be in the class behind the current upgrade class that doesn't have a upgrade class date right now."



Last time I flew with the number 1 FO in PHL, he told me he had no idea and hadn't heard a thing about training dates.
I believe those 4 will at least get the pay protection.
It sucks to be stuck. Back in 2008, I was downgraded and my pay went from CA pay back to FO pay for a while until I could go back to CA.
I remember Jim Rankin saying this pilot group was too expensive. I guess we're not anymore. But we do get a 1.5% pay increase on the first.
Also look in the contract. We have had several CAs leave as well. We haven't upgraded anyone since February and the contract calls for having to maintain 305 CAs in the scope language

 

Is that 305 predicated on a certain # of airframes? Not that it matters to me- I'm outa here ASAP, just like every other FO.

 

The next paragraph outlines exceptions to the furlough protection and minimum of 305 capts. One item is "grounding of a substantial number of the Company's aircraft"

 

How long until LaGuardia will be closing as a base with Envoy moving back in?

I should ask the same question about you losing PHL to Piedmont and DCA to PSA.

 

Really man? Cmon.
They know the position they're in. Why keep kicking them while they're down?

 

Come on man, really? What is it with you lately? Two years in the game and you're already heartless?