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Old 11-08-2022 | 06:24 PM
  #131  
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Originally Posted by Meme In Command
Someone please clarify for a newbie: using these numbers as an example, if they are offering 6/6/6 retro and 18% DOS, is that technically a 36% raise?
Mathematically,

2020-6%
2021-6% (12.4% compounded)
2022-6% (19.1% compounded)
2023-18% (40.5% compounded)

But this rumor is so weak on details who knows what they are really saying. I’m going to wait for NC to actually negotiate for us before jumping to conclusions and negotiating in public.

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Old 11-08-2022 | 06:30 PM
  #132  
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Originally Posted by Planetrain
Mathematically,

2020-6%
2021-6% (12.4% compounded)
2022-6% (19.1% compounded)
2023-18% (40.5% compounded)

But this rumor is so weak on details who knows what they are really saying. I’m going to wait for NC to actually negotiate for us before jumping to conclusions and negotiating in public.
Don't worry I am not taking the rumors to heart, but I thought it was a perfect opportunity to use the scenario to clarify how retro would work and learn. Appreciate the response.
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Old 11-08-2022 | 06:39 PM
  #133  
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Default Nonstop Negotiations

This rumor is a management trial balloon


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Old 11-08-2022 | 06:39 PM
  #134  
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Originally Posted by Planetrain
Mathematically,

2020-6%
2021-6% (12.4% compounded)
2022-6% (19.1% compounded)
2023-18% (40.5% compounded)

But this rumor is so weak on details who knows what they are really saying. I’m going to wait for NC to actually negotiate for us before jumping to conclusions and negotiating in public.


I believe that is 6% in each of the past three years for retro purposes, therefore being a total of 18% ish date of signing.
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Old 11-08-2022 | 06:42 PM
  #135  
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Originally Posted by Meme In Command
Don't worry I am not taking the rumors to heart, but I thought it was a perfect opportunity to use the scenario to clarify how retro would work and learn. Appreciate the response.
Sorry wasn’t directed at you, rather the whole thread blowing up over some bullet points with no explanations.

BTW reviewing the rumor I see it as 18% retro/5%/5%/5%. It could be this:

RETRO
2020 - 6%
2021 - 6% (compounded 12.4%)
2022 - 6% (compounded 19.1%)
———-
2023 - 5% (compounded 25%)
2024 - 5% (compounded 31.3%)
2025 - 5% (compounded 37.9%)

It could also be

RETRO
2020 - 5.7%
2021 - 5.7% (compounded 11.7 %)
2022 - 5.7% (compounded 18%)
———-
2023 - 5% (compounded 24%)
2024 - 5% (compounded 30.2%)
2025 - 5% (compounded 36.7%)

The problem is (just like RES GS PB days), the details are super vague and incomplete, and a rumor. Resist impulsivity. Ask your rep for real info. Let the NC do their job.
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Old 11-08-2022 | 07:09 PM
  #136  
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Originally Posted by Planetrain
Sorry wasn’t directed at you, rather the whole thread blowing up over some bullet points with no explanations.

BTW reviewing the rumor I see it as 18% retro/5%/5%/5%. It could be this:

RETRO
2020 - 6%
2021 - 6% (compounded 12.4%)
2022 - 6% (compounded 19.1%)
———-
2023 - 5% (compounded 25%)
2024 - 5% (compounded 31.3%)
2025 - 5% (compounded 37.9%)

It could also be

RETRO
2020 - 5.7%
2021 - 5.7% (compounded 11.7 %)
2022 - 5.7% (compounded 18%)
———-
2023 - 5% (compounded 24%)
2024 - 5% (compounded 30.2%)
2025 - 5% (compounded 36.7%)

The problem is (just like RES GS PB days), the details are super vague and incomplete, and a rumor. Resist impulsivity. Ask your rep for real info. Let the NC do their job.
That’s a definite NO vote for me.
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Old 11-08-2022 | 07:10 PM
  #137  
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Originally Posted by marcal
Every single line holder is flying a full schedule of crappy trips and yet we still see endless GS pickups. You think reserves will be different? I don’t.
Then you are utterly clueless as to what reserves will do. I can tell you I would never, ever GS again, and I always bid reserve. Work 17 days, up to ALV+15, and GS on your few days off? Easy/hard NO.

Killing PB days is a lose/lose for both parties. The company won’t like what they buy - as if we would vote out PB days…

Originally Posted by Jonny Drama
I believe that is 6% in each of the past three years for retro purposes, therefore being a total of 18% ish date of signing.
My interpretation also. Which is basically an inflation neutral offer. Effing Eff that Effing BS.

No way they would jump to a compounded 6/6/6/18/5/5.

TRIAL BALLOON. Shoot that crap down.
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Old 11-08-2022 | 07:56 PM
  #138  
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Originally Posted by FangsF15
Then you are utterly clueless as to what reserves will do. I can tell you I would never, ever GS again, and I always bid reserve. Work 17 days, up to ALV+15, and GS on your few days off? Easy/hard NO.

Killing PB days is a lose/lose for both parties. The company won’t like what they buy - as if we would vote out PB days…

Spot on, the company can easily solve this self induced problem if they want to.



My interpretation also. Which is basically an inflation neutral offer. Effing Eff that Effing BS.

No way they would jump to a compounded 6/6/6/18/5/5.

TRIAL BALLOON. Shoot that crap down.
Sweetin the pot a little and leave ALL GS and PB days alone and they are getting close.

Also, I have a line up in the middle of your quote answering the first one.
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Old 11-08-2022 | 07:57 PM
  #139  
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Originally Posted by Iceberg
I thought it was no where close? 25-30% of our 3 billion opener is what you said 3 hours earlier. Your WAG costing estimates aren’t as good as you think and it’s about time you stop acting as if your numbers are facts.
You are correct. I had no idea the companies current position was half a billion dollars above the TA’s at American and United. It’s still below the 1.5 billion I would like to see.
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Old 11-08-2022 | 09:29 PM
  #140  
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Originally Posted by FangsF15
Then you are utterly clueless as to what reserves will do. I can tell you I would never, ever GS again, and I always bid reserve. Work 17 days, up to ALV+15, and GS on your few days off? Easy/hard NO.

Killing PB days is a lose/lose for both parties. The company won’t like what they buy - as if we would vote out PB days…



My interpretation also. Which is basically an inflation neutral offer. Effing Eff that Effing BS.

No way they would jump to a compounded 6/6/6/18/5/5.

TRIAL BALLOON. Shoot that crap down.
Pretty sure it’ll probably end up looking like this if rumored numbers are accurate. 18% DOS, 5%5% or whatever years after DOS. Everything before DOS is a flat 6% retro. Regardless, he!! To the no.
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