Contract openers
#12
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,262
It’s unlikely there would be anything to send out. The contract is worked section by section. He company rarely gets specific on a section until term sheets are exchanged for that part of the contract.
#13
Folks, don't read too much into the openers. They aren't a good indicator of what the final product will be. It will come down to the fact that because we can't take any job action, the company will stall and the union will naturally want to pass something/anything to keep the ball rolling. There will be a TA that doesn't even resemble the opener. We need FULL LANGUAGE IN THE TA. And time to read and consider it. If it's not acceptable, send it back. There will be TVM arguments and considerations. Other employees will grumble.
The ONLY difference this time is AA and UAL going through before us. Clearly, we will need to top whatever they achieve.
The ONLY difference this time is AA and UAL going through before us. Clearly, we will need to top whatever they achieve.
#15
Gets Weekends Off
Joined APC: Sep 2014
Posts: 4,908
That's not the guidance I gave in any of my surveys, and that doesn't align with what I hear from my friends and coworkers.
They didn't cave or rush into a bad AM JV, so I'm hopeful DALPA can wait patiently for the good deal we want and have earned.
#16
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Joined APC: Apr 2016
Position: Looking left
Posts: 3,249
I believe the TVM he is talking about the getting the money invested in our personal accounts growing interest sooner, rather than waiting 1-2 years and while getting the lump sum back pay, all that compounding interest was lost.
#17
Gets Weekends Off
Joined APC: Jul 2007
Position: Left seat of a little plane
Posts: 2,396
There is indeed time value of money, as sure as gravity.
There is also "time value of concessions" baked into a hastily agreed to contract.
Of course the trick is finding that ideal spot between those.
#18
Gets Weekends Off
Joined APC: Jan 2014
Posts: 1,883
#20
Gets Weekends Off
Joined APC: Jun 2018
Posts: 184
Folks, don't read too much into the openers. They aren't a good indicator of what the final product will be. It will come down to the fact that because we can't take any job action, the company will stall and the union will naturally want to pass something/anything to keep the ball rolling. There will be a TA that doesn't even resemble the opener. We need FULL LANGUAGE IN THE TA. And time to read and consider it. If it's not acceptable, send it back. There will be TVM arguments and considerations. Other employees will grumble.
The ONLY difference this time is AA and UAL going through before us. Clearly, we will need to top whatever they achieve.
The ONLY difference this time is AA and UAL going through before us. Clearly, we will need to top whatever they achieve.
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