American/Unions continue talks, no successyet
#11
Banned
Joined APC: Jun 2008
Posts: 8,350
#12
Gets Weekends Off
Joined APC: Nov 2011
Posts: 262
Eagle Fly here is part of the deal contained:
-13.5% stake in the new company upon exit from BK
-3-4% Raise on date of signing, 2% per for 3 years then industry average to include Delta, United and US Air
-sequence protection
-Eagle gets 79 seat jets and below, with a reduction in ASM's they are allowed to fly pertaining to the narrow body fleet, 110% down to 75% of ASMs
-PBS with in the year
-60% of ASMs for code sharing
-per diem increase to $2/hr
-work rules were vague and not completely worked out.
This deal was worked out with Judge Peck in the room. He was not completely one sided, but you could see that he was leaning towards the company.
Hope this helps Eagle Fly
Have a great day. The future is unknown for many people, this is uncharted waters, no pilots contract has ever been abrogated in BK.
-13.5% stake in the new company upon exit from BK
-3-4% Raise on date of signing, 2% per for 3 years then industry average to include Delta, United and US Air
-sequence protection
-Eagle gets 79 seat jets and below, with a reduction in ASM's they are allowed to fly pertaining to the narrow body fleet, 110% down to 75% of ASMs
-PBS with in the year
-60% of ASMs for code sharing
-per diem increase to $2/hr
-work rules were vague and not completely worked out.
This deal was worked out with Judge Peck in the room. He was not completely one sided, but you could see that he was leaning towards the company.
Hope this helps Eagle Fly
Have a great day. The future is unknown for many people, this is uncharted waters, no pilots contract has ever been abrogated in BK.
Certainly a ton of work has gone into this with both sides coming to the center. Hopefully, full details will be made public in the next few days and most can judge for themselves.
Best to all AAer's.
Last edited by Tomahawk58; 06-21-2012 at 03:52 AM.
#13
Banned
Joined APC: Jun 2008
Posts: 8,350
You forgot to add there will be no furloughs either! The equity stake alone makes the pilots one of the largest holders. I expect the judge to grant an extension one to two weeks to allow the details to be worked out.
Certainly a ton of work has gone into this with both sides coming to the center. Hopefully, the full details will be made public in the next few days and most can judge for themselves.
Best to all AAer's.
Certainly a ton of work has gone into this with both sides coming to the center. Hopefully, the full details will be made public in the next few days and most can judge for themselves.
Best to all AAer's.
The pilots will need specific contractual language for all changes to the green book for an accurate evaluation and scope is still an issue, I think. To do that would require at least a few weeks. Again, convincing the BOD and the pilots are two different things.
As for AMR making that move, we shall see. In reading several press articles on their response to the failure (which was simply based on scheduling provisional language or lack thereof), aside from being "very disappointed", I saw no statement from AMR that they were focusing solely on Lane to abrogate. It's possible they could just get lane to impose the LBO and then negotiate changes/final language, but that would prolly just cause more anger and I think we have more then enough of that.
#14
You forgot to add there will be no furloughs either! The DC plan goes to 14 percent. The equity stake alone makes the pilots one of the largest holders. I expect the judge to grant an extension of one to two weeks to allow the details to be worked out.
Certainly a ton of work has gone into this with both sides coming to the center. Hopefully, full details will be made public in the next few days and most can judge for themselves.
Best to all AAer's.
Certainly a ton of work has gone into this with both sides coming to the center. Hopefully, full details will be made public in the next few days and most can judge for themselves.
Best to all AAer's.
#15
Gets Weekends Off
Joined APC: Nov 2011
Posts: 262
AMR would have to ask for that extention. Despite your inferences AMR can sail this ship to wherever they intend to with no consensual agreement from the pilots, I think they know they need a deal.
The pilots will need specific contractual language for all changes to the green book for an accurate evaluation and scope is still an issue, I think. To do that would require at least a few weeks. Again, convincing the BOD and the pilots are two different things.
As for AMR making that move, we shall see. In reading several press articles on their response to the failure (which was simply based on scheduling provisional language or lack thereof), aside from being "very disappointed", I saw no statement from AMR that they were focusing solely on Lane to abrogate. It's possible they could just get lane to impose the LBO and then negotiate changes/final language, but that would prolly just cause more anger and I think we have more then enough of that.
The pilots will need specific contractual language for all changes to the green book for an accurate evaluation and scope is still an issue, I think. To do that would require at least a few weeks. Again, convincing the BOD and the pilots are two different things.
As for AMR making that move, we shall see. In reading several press articles on their response to the failure (which was simply based on scheduling provisional language or lack thereof), aside from being "very disappointed", I saw no statement from AMR that they were focusing solely on Lane to abrogate. It's possible they could just get lane to impose the LBO and then negotiate changes/final language, but that would prolly just cause more anger and I think we have more then enough of that.
As with any contract, given the environment we're in, I think most pilots will be able to adequately assess whether the terms work for them or not , and whether it positions us for long-term success and upward mobility. Again, hopefully, additional and expanded details on the terms will be released sooner rather than later.
#16
Gets Weekends Off
Joined APC: Nov 2011
Posts: 262
I understand the code-share piece included a lot of wraps (60 percent Domestic ASMs versus entire system) and was favorably by the negotiating team. Again, it's all in the details and we'll have to wait and see before making an informed judgement.
#17
Banned
Joined APC: Jun 2008
Posts: 8,350
Until the specifics are available, it's all hypotheticals and believe me, nothing will shoot any TA down faster at the pilot level, then if it's filled with the traditional ambiguous B.S. of the past. I'm hearing the concept of turning our backs on "executive compensation" is not going over well with many as many suspect the executive compensation levels will be absolutely astronomical. All things considered, it will still be wasting time if they are concerend about the time factor by trying to slip the pilots a rusty musket like in the past. Like another said, I think we'll know by happy hour tommorrow what Lane does or any requests made of him.
#18
Not true. The LBFO lists "furlough protection" down to the 95th percentile. Hardly wonderful news if you are facing your second furlough after just being recalled a few months ago. We also know how well furlough protection has worked in the past. It isn't worth the paper it is printed on. The rest of the list will slide backwards....AGAIN. More "great news" for junior pilots is that the APA agreed to sell out the A319 back to group 2 in order to improve the trip and duty rigs.
The rest of the agreement was awash in ambiguous language that would have allowed AA management to rewrite huge portions of the contract at will, such as the reserve system and the TTOT system.
I'm glad this pathetic offer went down in flames at the BOD level.
The rest of the agreement was awash in ambiguous language that would have allowed AA management to rewrite huge portions of the contract at will, such as the reserve system and the TTOT system.
I'm glad this pathetic offer went down in flames at the BOD level.
#19
Banned
Joined APC: Jun 2008
Posts: 8,350
Not true. The LBFO lists "furlough protection" down to the 95th percentile. Hardly wonderful news if you are facing your second furlough after just being recalled a few months ago. We also know how well furlough protection has worked in the past. It isn't worth the paper it is printed on. The rest of the list will slide backwards....AGAIN. More "great news" for junior pilots is that the APA agreed to sell out the A319 back to group 2 in order to improve the trip and duty rigs.
The rest of the agreement was awash in ambiguous language that would have allowed AA management to rewrite huge portions of the contract at will, such as the reserve system and the TTOT system.
I'm glad this pathetic offer went down in flames at the BOD level.
The rest of the agreement was awash in ambiguous language that would have allowed AA management to rewrite huge portions of the contract at will, such as the reserve system and the TTOT system.
I'm glad this pathetic offer went down in flames at the BOD level.
If they do simply just grease up the scheduling section and much of the rest is found to be the above, nothing changes except more time for AMR management eaten up. Sooner or later Parker will have his entire snout in the tent flap.
#20
Gets Weekends Off
Joined APC: Nov 2011
Posts: 262
Not true. The LBFO lists "furlough protection" down to the 95th percentile. Hardly wonderful news if you are facing your second furlough after just being recalled a few months ago. We also know how well furlough protection has worked in the past. It isn't worth the paper it is printed on. The rest of the list will slide backwards....AGAIN. More "great news" for junior pilots is that the APA agreed to sell out the A319 back to group 2 in order to improve the trip and duty rigs.
The rest of the agreement was awash in ambiguous language that would have allowed AA management to rewrite huge portions of the contract at will, such as the reserve system and the TTOT system.
I'm glad this pathetic offer went down in flames at the BOD level.
The rest of the agreement was awash in ambiguous language that would have allowed AA management to rewrite huge portions of the contract at will, such as the reserve system and the TTOT system.
I'm glad this pathetic offer went down in flames at the BOD level.
I understand the whole bidding process will change. Where's the sell out of the A319? The negotiating team wanted the keep duty rigs and was willing to trade to make that happen. Give and take during negotiations....what a novel concept .
I agree that the language need to be fleshed out before a sound judgement an be rendered.
We'll see how tomorrow unfolds.
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JetFlyer06
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01-20-2008 03:29 AM