C2K pay turned out to be at risk income.

Why over the life of C2015 when high PS seems very likely would you sacrifice higher W2s to navel gaze at higher Section 3 pay tables that actually pay less?

That is correct. ALL pay is 'at risk'. We have, time and time again, come to the aid of our company when the chips were down with huge givebacks. I'm not debating the need or the righteousness of such givebacks, but it's clear that this is how we operate. Before we hand over profit sharing for a salary increase, each and every one of us needs to acknowledge this fact.

Yep, and it was not too good regarding Scope either.

If we think PS will most likely pay gangbusters over the next 3-4 years and like you said we are negotiating a contract for 3-4 years why are we worrying about what happens in 10 years? :confused:

Why not keep PS as it is for this contract and monetize it next section 6?

Scoop

The really sad part of this contract discussion is that we are using a contract that is over a decade old as the paragon for a contract today. Even if the company came to us tomorrow and said they would give us back C2K that would mean that from 2004 to the end of 2015 we made no gains.

To put that in perspective, My daughter was starting pre school when we lost C2K, she is now a freshman in high school and we still haven't made it back to those payrates.

At risk because the company went bankrupt. Do you see the company in or near chapter 11 in the future? Personally I am all for keeping profit sharing. With the time I have left it will put the most money in my pocket. If I were younger I would have a different view.
If American passes their contract I don't see the company making a big run at the profit sharing. It's to their advantage to keep it and have built in pay cuts when the profits drop.

GS trigger
 

How do you know what it is for the next bid period? I see it on my time card for this month...

Does GS trigger = ALV for the period?

Exactly. I don't get this whole discussion just when the big 3 are hitting high gear. Looks like AA passed their POS.

One of the arguments made to me awhile back from a Captain that is all into the market is that he would rather have to money NOW and invest it at his whim versus depending on the performance of the company. There are those out there, day traders, etc. that would definitely go down that path. Just wondering if one of them is not responsible for this "make believe" posturing that we are hearing. Personally, I invest in snake oil and SPAM contracts...

http://i775.photobucket.com/albums/y...pse6d0e201.jpg

My friend at AA says the TA passed, 64%/36%.

Yep. It passed.
 

I still want 30% above this minimum.


FORT WORTH, Texas, Jan. 30, 2015 /PRNewswire/ -- The Allied Pilots Association (APA), representing 15,000 pilots at American Airlines, announced today its members have approved a new five-year contract which provides immediate pay raises of 23 percent and subsequent annual raises of three percent for the next five years.

American Airlines President Scott Kirby said, "Today's results provide immediate and significant pay increases to our pilots, and represent another step forward in our integration. We are especially pleased that American is in a position to support pay increases that recognize the contributions of our pilots this early in our integration. We also acknowledge and applaud the hard work and leadership of APA Chairman and Captain Keith Wilson, the APA national officers, the negotiating teams from the APA and the company, as well as members of the APA Board."