American pilots left behind until +2020!
10-04-2016, 03:33 PM
#12
Gets Weekends Off
Joined APC: Nov 2010
Posts: 1,785
Originally Posted by Route66
Weeellllll......why don't you just look at the 10K's and quarterly reports for this year and analyst projections for the next year (and thereafter) and let us know just how far behind we are with the rest of the industry. Locked in for three plus years from now, this company is a financial powerhouse and when 2020 rolls around the weak APA won't get to do anything but complain for another two years plus just like Delta did or FOUR YEARS+ like SWA.
Like I said, they played a weak hand pretty fairly well.
10-04-2016, 05:06 PM
#14
"Yinzer an'at"
Joined APC: Jun 2012
Position: Sittin at the puter
Posts: 186
Parker saw this situation coming several years ago. He saw that the industry was wildly profitable and he had an agreement tied to a composite competitor, namely United and Delta. Therefore the raises he was going to have to come up with would be an amalgam of the new United and Delta Rates. It is important to note that the language was based on basic rates and not profit sharing.
Profit sharing was given up by APA early on. You can whine all you want but that's a fact. It was given up before USAPA went away and many East pilot said don't give it up but that's water under the bridge now.
Anyway Parker saw possible large raises coming so he made an early offer with good rates. When those rates took effect American Pilots had the highest rates in the industry. Not the highest total compensation when profit sharing was taken into account but the highest basic rates.
Coming from Chapter 11 to a period of the highest rates is not all in all, a bad move. The original term sheet was much more bleak and could have been much worse. I for one am not complaining, after having spent a great deal of time a low rates of pay. Yes we could have some higher rates now but since Dec. 2013 we would have stayed a lower rates.
Time will tell how this plays out.
Profit sharing was given up by APA early on. You can whine all you want but that's a fact. It was given up before USAPA went away and many East pilot said don't give it up but that's water under the bridge now.
Anyway Parker saw possible large raises coming so he made an early offer with good rates. When those rates took effect American Pilots had the highest rates in the industry. Not the highest total compensation when profit sharing was taken into account but the highest basic rates.
Coming from Chapter 11 to a period of the highest rates is not all in all, a bad move. The original term sheet was much more bleak and could have been much worse. I for one am not complaining, after having spent a great deal of time a low rates of pay. Yes we could have some higher rates now but since Dec. 2013 we would have stayed a lower rates.
Time will tell how this plays out.
10-04-2016, 05:19 PM
#15
Gets Weekends Off
Joined APC: Mar 2014
Posts: 3,104
Originally Posted by Route66
See his quote about pattern bargaining. However, if what YOU espouse should hold true (which I agree with) who needs a union to negotiate a contract at American. I mean, if you're happy now and you'll be happy in 2020 lets just let the Company give US what they think we deserve and save your union dues. Im all for it!
10-04-2016, 06:59 PM
#17
Gets Weekends Off
Joined APC: May 2007
Position: A320 CA
Posts: 1,530
Originally Posted by Maverick
So what are future raises
3%
3%
.???
3%
3%
.???
10-04-2016, 08:01 PM
#18
Line Holder
Joined APC: Apr 2008
Posts: 25
Originally Posted by Maverick
Isn't there a pay parity review for Jan 1 2017 so if delta approves this TA and united bumps theirs that pay rates will change to match them. Or just a straight 3% on jan1?????
So when you voted, did you even know what you voted on? This is why we are lagging our peers...everyone saw the pay rates and voted yes without looking at the rest of the contract. And no, there is no parity review. We gave that up when we voted yes (and the parity review was last year anyway)
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10-05-2016, 03:21 AM
#20
You scratched my anchor
Joined APC: Feb 2011
Posts: 4,878
Originally Posted by Maverick
I'm an envoy guy so no I didn't know what you were voting on😉
But I'll be over there maybe next year and I will know exactly what I'm voting on in 2020
But I'll be over there maybe next year and I will know exactly what I'm voting on in 2020
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