FDX - History Repeating itself?
08-07-2008, 11:30 AM
#21
Gets Weekends Off
Joined APC: Feb 2007
Position: MD11 FO, ANC
Posts: 1,098
Originally Posted by Busboy
Just curious...Does anyone know how long USAir and Delta had the A-fund "lump-sum" provision available? And, does any solvent airline currently have it?
It seems that the only danger anyone ever speaks of, when they argue against a lump-sum provision, only concerns an A-fund at a company going bankrupt.
So using that logic...I guess we should base all of our negotiating goals on what would happen if FDX entered bankruptcy? Just in case?
It seems that the only danger anyone ever speaks of, when they argue against a lump-sum provision, only concerns an A-fund at a company going bankrupt.
So using that logic...I guess we should base all of our negotiating goals on what would happen if FDX entered bankruptcy? Just in case?
Their pilots took a 23% pay cut across the board and also gave up MAJOR concessions in work rules with their 2003 contract to keep the pension (specifically lump sum option) - and to "save the company" from bankruptcy.
But, for now, they still have the lump sum option - A and B funds.....
08-07-2008, 11:35 AM
#22
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Originally Posted by AerisArmis
I KNEW IT!!! Even you do agree with yourself sometimes! But....how do you argue with yourself?
Meant what I said at the time but now I don't. See how easy it is.
As for the methodology I usually use my alternative APC personality and we go at it in PMs (as the language is to rough for the public forum).
08-07-2008, 11:40 AM
#23
Gets Weekends Off
Joined APC: Apr 2006
Position: A300/310 Capt
Posts: 1,642
Originally Posted by FDXLAG
Meant what I said at the time but now I don't. See how easy it is. As for the methodology I usually use my alternative APC personality and we go at it in PMs (as the language is to rough for the public forum).
As for the methodology I usually use my alternative APC personality and we go at it in PMs (as the language is to rough for the public forum).
08-07-2008, 11:44 AM
#24
Gets Weekends Off
Joined APC: Aug 2006
Position: leaning to the left
Posts: 4,184
Originally Posted by FDXLAG
Meant what I said at the time but now I don't. See how easy it is. As for the methodology I usually use my alternative APC personality and we go at it in PMs (as the language is to rough for the public forum).
As for the methodology I usually use my alternative APC personality and we go at it in PMs (as the language is to rough for the public forum).
Originally Posted by fedupbusdriver
WITFO? This sounds like something my wife might post......
Uhhh...I think you're confusing "PMs" with "PMS".
Thread
Thread Starter
Forum
Replies
Last Post
