JP Morgan's analysis of the TA
#21
Gets Weekends Off
Joined APC: Dec 2012
Posts: 389
Just for the fun of it can you paint me this picture where you describe the truck and the whole in any kind of detail. To say there is a hole is easy. Describe said hole and how it can be exploited that would educate the group. I think as we discuss and consider this offer we should not listen to generic and provocative rhetoric that lacks specifics.
#22
Gets Weekends Off
Joined APC: Dec 2013
Posts: 217
Seems this is the buzzword phrase meant to downplay the rates. Correct me if I'm wrong, but doesn't TA2 have industry leading individual rates on:
747A
777A
350A
787A
330-900A
737-900A
A321A
737-800A
737-700A
A320A
A319A
C100A
717A
747B
777B
350B
787B
330-900B
737-900B
A321B
737-800B
737-700B
A320B
A319B
C100B
717B
Adding in Profit Sharing as part of our at risk compensation and our overall compensation for every aircraft makes us the highest paid pilots. True?
747A
777A
350A
787A
330-900A
737-900A
A321A
737-800A
737-700A
A320A
A319A
C100A
717A
747B
777B
350B
787B
330-900B
737-900B
A321B
737-800B
737-700B
A320B
A319B
C100B
717B
Adding in Profit Sharing as part of our at risk compensation and our overall compensation for every aircraft makes us the highest paid pilots. True?
#26
Just for the fun of it can you paint me this picture where you describe the truck and the whole in any kind of detail. To say there is a hole is easy. Describe said hole and how it can be exploited that would educate the group. I think as we discuss and consider this offer we should not listen to generic and provocative rhetoric that lacks specifics.
Denny
#27
Gets Weekends Off
Joined APC: Oct 2016
Position: Moving left
Posts: 153
Well the way to do that is to take thee 650,000 global BH's and subtract it from 688,000 (number of GBH's we are flying now according to some). That's 38,000 hours. Divide that number by 12 to get average hours a month of 3,167. Then take 3,167 and divide by 80 hours a month which equals about 40 rounded up. So, by my very public math there is a POSSIBILITY of a loss of 40 Captain and 80 FO positions from a strictly international category IF the company goes to the minimum GBH's. Possibly fewer FO's if from 75/767. I do not see them doing this anytime soon.
Denny
Denny
#28
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
What about the mess that is the transatlantic market? AF, KLM and AZ are being forced to push their capacity to the limits because they can't make money flying around Europe. It puts immense downward pressure on yields, and is the reason that we aren't flying 50%.
Our international block hours actually grew, our international fleet actually grew during the noncompliance, but none of that growth involved the TAJV. The block hour floor is a novel form of downside protection, but no contract can move the market.
Our international block hours actually grew, our international fleet actually grew during the noncompliance, but none of that growth involved the TAJV. The block hour floor is a novel form of downside protection, but no contract can move the market.
If EU craters, then that's just business. Flights will be pulled down. I get that. But we should still get our half. If EU grows, we still should get our half. If they are below that half, then we get an injunction to pull the code from whatever portion of the lift necessary to get back into compliance. AF can fly to Peoria 73 times a day in A-380's if they want to, I really don't care. All I care about is how much AF flies for within the DL code. That should be split with us equally as originally agreed to, without constant give backs.
#29
Gets Weekends Off
Joined APC: Nov 2011
Posts: 4,504
what do you mean if? you know very well that they will drop to that minimum right when this TA is signed.
#30
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
OK that was a bad analogy, since any well intended and unconditionally well compensated manager can accidentally blow a bazillion dollars playing that guessing game. But you get the point.
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