ALPA is a JOKE
#61
Banned
Joined: Feb 2020
Posts: 1,060
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From: Gummed
#62
Really got furloughed
Joined: Aug 2015
Posts: 666
Likes: 94
From: Gramercy Riffs
#63
Gets Weekends Off
Joined: Dec 2019
Posts: 193
Likes: 0
Guys leaving on the VEOP definitely helped. They definitely had to deal with pension loss or frozen and some big pay cuts with the BK. On the flip side many were never furloughed or had short ones. Many benefited from early retirements (which ended up being a bad deal for a lot of those guys), merger and BK claim money, PBGC and a healthy DC chunk during a raging bull market. They were mostly hired expecting to retire at 60 and if they were 62 or younger just got over $500k to walk away at or near the age they were orginally supposed to retire. Even with the turbulence let's all hope we can come out the same or better with net career earnings. That should be something everyone can agree on.
#64
The problem you have is that even if passenger counts return to 2011 numbers the yields will not. The infrastructure within the airline industry will be to large with to many seats chasing those passengers. It would take one of the big 4 liquidating along with a ULCC or two going away.
This does not even include the fact that Delta had a dramatically lower cost structure in 2011. Do you want to work for 2011 wages? Delta’s total pilot costs per block hour without profit sharing were 752 an hour in 2011 and 1237 in 2019.
This does not even include the fact that Delta had a dramatically lower cost structure in 2011. Do you want to work for 2011 wages? Delta’s total pilot costs per block hour without profit sharing were 752 an hour in 2011 and 1237 in 2019.
#66
Gets Weekends Off
Joined: Feb 2008
Posts: 20,884
Likes: 199
In 3Q we carried about ⅓ our normally passenger volume yet generated just 17% of the revenue we did in Q3 2019. Yield has been cut almost in half and we have by far the highest yield in the industry at the moment. So yes yields are terrible.
#68
Banned
Joined: Jun 2018
Posts: 1,838
Likes: 0
Not an ALPA cheerleader by any means but without Cares 1 it would be a blood bath currently. Remember ALPA was a huge voice in the room getting that done. They have also been the voice of Cares 2 (before management and A4A) got on board. What do you guess would be the furlough numbers currently if Cares 1 didn’t happen? Many furloughs have been postponed waiting on cares 2. Thats a lot of families that got numerous paychecks due to the work of ALPA.
#69
Gets Weekends Off
Joined: Sep 2020
Posts: 428
Likes: 0
The real question is would he have retired without the financial gain? You know for the sake of helping a junior pilot.
#70
Banned
Joined: Sep 2016
Posts: 8,831
Likes: 499
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