Contract negotiations
#3161
On Reserve
Joined: Sep 2020
Posts: 142
Likes: 27
From: Airbus Captain
Allegiant's Proposal dated 5/12/2024
Year -- CA -- FO
1 -- $250.26 -- $113.60
2 -- $255.59 -- $154.32
3 -- $264.07 -- $169.60
4 -- $280.96 -- $185.78
5 -- $300.00 -- $196.84
6 -- $302.00 -- $205.24
7 -- $304.00 -- $208.20
8 -- $308.34 -- $210.05
9 -- $314.33 -- $211.32
10 -- $320.34 -- $212.68
11 -- $323.16 -- $213.67
12 -- $340.21 -- $215.11
Year -- CA -- FO
1 -- $250.26 -- $113.60
2 -- $255.59 -- $154.32
3 -- $264.07 -- $169.60
4 -- $280.96 -- $185.78
5 -- $300.00 -- $196.84
6 -- $302.00 -- $205.24
7 -- $304.00 -- $208.20
8 -- $308.34 -- $210.05
9 -- $314.33 -- $211.32
10 -- $320.34 -- $212.68
11 -- $323.16 -- $213.67
12 -- $340.21 -- $215.11
#3162
Yeah, I'm sure they'll just agree to any demands
With all that leverage working in our favor LOL. But all jokes aside, me thinks you might be right if we can lock something down soon. Company know's they're gonna have to pony up so dough, BUT, we'll see what happens this week. It appears that PBS/Sec 15 should get resolved this week. With that out of the way, the rest should be fast; in theory.
With all that leverage working in our favor LOL. But all jokes aside, me thinks you might be right if we can lock something down soon. Company know's they're gonna have to pony up so dough, BUT, we'll see what happens this week. It appears that PBS/Sec 15 should get resolved this week. With that out of the way, the rest should be fast; in theory.
#3163
On Reserve
Joined: Jun 2017
Posts: 82
Likes: 11
Seven months of negative job growth, oil prices skyrocketing and an economy in freefall. The third once in a lifetime economic disaster of my life is here.
We missed the opportunity to ask for anything. All management has to do is wait six months and they can damn near guarantee it’ll be another 10 years before a new contract is signed.
We missed the opportunity to ask for anything. All management has to do is wait six months and they can damn near guarantee it’ll be another 10 years before a new contract is signed.
#3165
Line Holder
Joined: Aug 2020
Posts: 1,011
Likes: 46
From: A320 CA
#3166
Line Holder
Joined: Oct 2010
Posts: 1,075
Likes: 20
From: CA
Seven months of negative job growth, oil prices skyrocketing and an economy in freefall. The third once in a lifetime economic disaster of my life is here.
We missed the opportunity to ask for anything. All management has to do is wait six months and they can damn near guarantee it’ll be another 10 years before a new contract is signed.
We missed the opportunity to ask for anything. All management has to do is wait six months and they can damn near guarantee it’ll be another 10 years before a new contract is signed.
#3167
Line Holder
Joined: Jun 2015
Posts: 699
Likes: 14
From: A-320
Seven months of negative job growth, oil prices skyrocketing and an economy in freefall. The third once in a lifetime economic disaster of my life is here.
We missed the opportunity to ask for anything. All management has to do is wait six months and they can damn near guarantee it’ll be another 10 years before a new contract is signed.
We missed the opportunity to ask for anything. All management has to do is wait six months and they can damn near guarantee it’ll be another 10 years before a new contract is signed.
#3168
Line Holder
Joined: Oct 2010
Posts: 1,075
Likes: 20
From: CA
None of that is a surprise to your management. They have economist working for them and this has been one of the most predictable economic cycles. When you unwind the biggest money print and fed balance sheet expansion in history a slowdown is inevitable. The rise in oil marks the beginning of the end of the business cycle and your company is well positioned for it. Maury was quoted after the 2008 downturn ended saying he wished they had a couple more years of it. The leisure market is resilient and unlike most airlines that have 110 million dollar per a/c lease payments, yours can flex down lower margin routes if oil stays high long enough. Your company cruised through the lost decade and hit 68 consecutive profitable quarters.
#3169
Line Holder
Joined: Jun 2015
Posts: 699
Likes: 14
From: A-320
The MAX's were ordered right after the global MCAS grounding for around 1/2 price. They also use 50% less fuel than an MD80 and even less fuel per seat with the 190 config.
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