Atlas to be sold? Hmmm...
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#12
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Joined APC: Nov 2012
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#13
Gets Weekends Off
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Position: 777 Left window seat
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#14
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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.
#15
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Due to the fact that they own 49% of the polar certificate and the very lucrative asia trade routes associated with it?
#16
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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.
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.
#17
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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.
#18
In a land of unicorns
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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.
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.
#20
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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
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
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