Curious as to how DHL feels about this?
|
Originally Posted by Fillmore Slim
(Post 3471145)
Curious as to how DHL feels about this?
|
Originally Posted by Fillmore Slim
(Post 3471145)
Curious as to how DHL feels about this?
|
I think it could be a positive for you guys! Since Apollo took on Sun Country, they at least were willing to green light investment into attracting and maintaining talent as well saw with their CBA and have attempted to grow them.
|
Originally Posted by ACMIguy
(Post 3471152)
Does it really matter? DHL has given away most of Atlas’s domestic flying and hasn’t grown our international network. So what does it matter how one of our investors feels about it if they refuse to grow us.
|
This could be the best thing ever for Atlas crews or the worst. Too early to tell, but one can make an educated guess. Given Apollo owns Merx Aviation, a 208 aircraft dry leasing company, and Atlas tried in 2010 to sell off the aircraft minus the crews ( aka Project Panther ) does not bode well. Now it seems it’s been revealed why Atlas isn’t concerned about 500 plus pilots quitting annually. This deal has been in the works before the latest amalgamated contract. Which also explains why the amalgamation clause was eliminated; their biggest weapon against the pilot group. Management knew they would never need to worry about another CBA again.
Hopefully a Sun Country type outcome is in store, but given the 30 year track record of what management is capable of in regard to treatment of their crews, anything is possible. One thing is certain, our multitude of executive VP’s will be using their golden parachutes soon. |
Which also explains why the amalgamation clause was eliminated; their biggest weapon against the pilot group. Management knew they would never need to worry about another CBA again. |
Originally Posted by Turbine1
(Post 3471193)
This could be the best thing ever for Atlas crews or the worst. Too early to tell, but one can make an educated guess. Given Apollo owns Merx Aviation, a 208 aircraft dry leasing company, and Atlas tried in 2010 to sell off the aircraft minus the crews ( aka Project Panther ) does not bode well. Now it seems it’s been revealed why Atlas isn’t concerned about 500 plus pilots quitting annually. This deal has been in the works before the latest amalgamated contract. Which also explains why the amalgamation clause was eliminated; their biggest weapon against the pilot group. Management knew they would never need to worry about another CBA again.
Hopefully a Sun Country type outcome is in store, but given the 30 year track record of what management is capable of in regard to treatment of their crews, anything is possible. One thing is certain, our multitude of executive VP’s will be using their golden parachutes soon. But it's still way too early to tell. There are a lot of reasons why a deal like this can fall through. |
Sun Country is still owned at least partially by Apollo, I believe. This move for Atlas may create some interesting developments in the "Amazon Air" space
|
While the contract at Sun Country is not directly related to Apollo Management itself, here are their rates vs Atlas on the 737
Year 1 SY FO 78 vs 5Y 92 Year 1 SY CA 196 vs 5Y 171 Year 3 SY FO 123 vs 5Y 122 Year 3 SY CA 215 vs 5Y 179 Year 7 SY FO 150 vs 5Y 134 Year 7 SY CA 228 vs 5Y 198 |
All times are GMT -8. The time now is 10:58 AM. |
User Alert System provided by
Advanced User Tagging v3.3.0 (Lite) -
vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands