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Scoop 10-09-2019 09:22 AM


Originally Posted by Vincent Chase (Post 2900911)
There was this one guy...

........at band camp?


Scoop :D

Scoop 10-09-2019 09:25 AM


Originally Posted by astrojet (Post 2900810)
I plan on voting to give up profit sharing in exchange for 60% FAE. We gave up our 60/FAE in exchange for PS when we were chapter 11...but I do not want it anymore. Besides the only reason the non-union employees have PS is because the pilots got it first.

Not sure if you are serious but your sequence is incorrect. We achieved the current iteration of PS via LOA 46 with the 32% paycut.

We agreed not to contest DB termination via LOA 51. You know the second round of the “ do it once , do it right” with another 14 % paycut.



Scoop

clear4approach 10-09-2019 09:46 AM


Originally Posted by Vincent Chase (Post 2900902)
Not to the excellent level, but I recognize your troll!

Do I need to go with something more plausible-y like "I plan on voting away PS in exchange for company stock"?

Or do I need to go with something more crazy-cakes, like "I plan on voting away PS in exchange for a free skypro like the flight attendants have"?

Vincent Chase 10-09-2019 09:48 AM


Originally Posted by clear4approach (Post 2900933)
Do I need to go with something more plausible-y like "I plan on voting away PS in exchange for company stock"?

Or do I need to go with something more crazy-cakes, like "I plan on voting away PS in exchange for a free skypro like the flight attendants have"?

Either option would be appropriate.:D

fishforfun 10-09-2019 10:50 AM


Originally Posted by astrojet (Post 2900904)
If I were a new hire I would be happy one can become a Capt in 3 Months at a Legacy Airline (delta) ...and not 15 years like it was for many of us...or 22 years like my TWA friends. The only reason DL agreed to such a high % of PS is that between 1966 to 2005 you would have to be smoking crack to think we could be making 5 billion in profit per year.

Ha, jokes on them! 🤔

badflaps 10-09-2019 11:59 AM


Originally Posted by astrojet (Post 2900904)
If I were a new hire I would be happy one can become a Capt in 3 Months at a Legacy Airline (delta) ...and not 15 years like it was for many of us...or 22 years like my TWA friends. The only reason DL agreed to such a high % of PS is that between 1966 to 2005 you would have to be smoking crack to think we could be making 5 billion in profit per year.

T-way had plenty of upgrades 64-70. Even one 24 year old that I know of.

Tailhookah 10-09-2019 01:24 PM


Originally Posted by astrojet (Post 2900810)
I plan on voting to give up profit sharing in exchange for 60% FAE. We gave up our 60/FAE in exchange for PS when we were chapter 11...but I do not want it anymore. Besides the only reason the non-union employees have PS is because the pilots got it first.

Didn’t you learn your lesson the first time? Look around. Pensions are dinosaurs. They work when times are great... but you can’t rely on them. The legal precedent is set and set well. When things aren’t going well, companies can lapse payments and then things continue to go poorly to the point the deficit is too great to overcome. Then usher in BK court where the last person protected and paid is the employee. Pensions gone.

I’ll never vote for a contract that has a FAE payout in it. Ever. Instead I’m all for a payout that maxes out my 401k (including catch up) and then more in the Market Based vehicle. Plus Profit Sharing.

You must be a year or two from retirement. That’s the only reason I see someone wanting that. Short term risk is very low for you on that... right?

Vincent Chase 10-09-2019 01:30 PM


Originally Posted by Tailhookah (Post 2901033)
Didn’t you learn your lesson the first time? Look around. Pensions are dinosaurs. They work when times are great... but you can’t rely on them. The legal precedent is set and set well. When things aren’t going well, companies can lapse payments and then things continue to go poorly to the point the deficit is too great to overcome. Then usher in BK court where the last person protected and paid is the employee. Pensions gone.

I’ll never vote for a contract that has a FAE payout in it. Ever. Instead I’m all for a payout that maxes out my 401k (including catch up) and then more in the Market Based vehicle. Plus Profit Sharing.

You must be a year or two from retirement. That’s the only reason I see someone wanting that. Short term risk is very low for you on that... right?

You been trolled! Thought you'd know.

Tailhookah 10-09-2019 01:31 PM


Originally Posted by Vincent Chase (Post 2901036)
You been trolled! Thought you'd know.


Trolling doesn’t count when extremely jet lagged.... it’s in the FOM.:D

notEnuf 10-09-2019 02:38 PM

Tomorrow... https://www.airlinepilotforums.com/2898692-post1.html


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