Envoy FOs to possibly get $20k retention!
03-29-2015 | 10:52 AM
#11
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The parts that matter are "under review by AAG" and " if approved by AAG". Correct me if I am wrong but Endeavor did not talk about theirs beforehand, Delta simply made it happen. AAG has been good over the last three years stringing our Fo's along with this type of info.
03-29-2015 | 10:57 AM
#12
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He is right: that very well could be their plan. All of this is smoke and mirrors right now. Actions like an executed retention plan would show their intentions. Doing nothing would also show their direction. Right now we just have to wait and see. We are rapidly approaching the point where their intentions become obvious though.
03-29-2015 | 11:06 AM
#13
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In the next 5 years 1/3 of all US airline pilots will retire. There is going to be winner and loser regional airlines, some are going to survive but many will not. When you are knee deep into a situation, sometimes its hard to see with clarity what's really going on. But from an outsiders point of view, I just don't see how anyone can see it any other way. Envoy is a shrinking airline with a top heavy labor structure. One way or the other the balance is going to be restored. The shareholders demand it.
03-29-2015 | 11:10 AM
#14
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I do know this- Fabregas can't give a retention bonus to a select group of already employeed pilots without giving it to all pilots. He can give a signing bonus to a new hire pilot, but that's the extent of it.
In the next 5 years 1/3 of all US airline pilots will retire. There is going to be winner and loser regional airlines, some are going to survive but many will not. When you are knee deep into a situation, sometimes its hard to see with clarity what's really going on. But from an outsiders point of view, I just don't see how anyone can see it any other way. Envoy is a shrinking airline with a top heavy labor structure. One way or the other the balance is going to be restored. The shareholders demand it.
In the next 5 years 1/3 of all US airline pilots will retire. There is going to be winner and loser regional airlines, some are going to survive but many will not. When you are knee deep into a situation, sometimes its hard to see with clarity what's really going on. But from an outsiders point of view, I just don't see how anyone can see it any other way. Envoy is a shrinking airline with a top heavy labor structure. One way or the other the balance is going to be restored. The shareholders demand it.
03-29-2015 | 11:18 AM
#15
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You're union signed off on it that's why. But if you think your union and Captains are going to sign off on an endeavor style bonus and captains are going to see nothing out of it I highly doubt it.
03-29-2015 | 11:20 AM
#16
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03-29-2015 | 11:21 AM
#17
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Your union would have to sign off on it and why would they? They can give all pilots a $20k yearly increase or none and watch their attrition skyrocket.
03-29-2015 | 11:26 AM
#18
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Well I'm a Captain and would say I would love to see some money too but let's face it, they don't need to retain me; quite the opposite. That being said, I have made out much better than any current FO so far. We definitely have some selfish pricks here, but I know there are plenty like me that would rather see FOs get something rather than all of us get nothing.
03-29-2015 | 11:27 AM
#19
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03-29-2015 | 11:29 AM
#20
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