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Envoy FOs to possibly get $20k retention!
Someone made a post to say that Envoy has too many pilots and not to come here. Just wanted to share the other half of the paragraph the other OP did not, because it looks like FOs may get $20k. It deserves its own thread as much as the other topic does.
Mr. Fabregas has drafted other retention programs that are under review by AAG. He stated that if the Endeavor style plan were copied here it would cost an estimated $40 million per year. His proposed plan, which is likely for First Officers only, cost an estimated $18 million for the first year and reduces over time as First Officers at the top of the pay scale move over to the Captain pay scale which reduces overall First Officer payroll. Mr. Fabregas believes details of his plan, if approved by AAG, could be released soon. |
Aren't you actually misleading. He said you will not need a retention program. All managent leaves hope for the gullible when disseminating bad news.
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Originally Posted by WesternSkies
(Post 1852148)
Nope.
You are actually misleading. He said you will not need a retention program. All managent leaves hope for the gullible when disseminating bad news. Mr. Fabregas advised the group that AAG is not going to have an Endeavor type retention for Envoy pilots. As it stands there are more pilots on property at Envoy than will be needed for the planned fleet size. Mr. Fabregas has drafted other retention programs that are under review by AAG. He stated that if the Endeavor style plan were copied here it would cost an estimated $40 million per year. His proposed plan, which is likely for First Officers only, cost an estimated $18 million for the first year and reduces over time as First Officers at the top of the pay scale move over to the Captain pay scale which reduces overall First Officer payroll. Mr. Fabregas believes details of his plan, if approved by AAG, could be released soon. |
The only people who will get bonus's are those who are going to see the airline through to its orderly shutdown next year.
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Originally Posted by tom11011
(Post 1852167)
The only people who will get bonus's are those who are going to see the airline through to its orderly shutdown next year.
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Originally Posted by Weekendwarrior2
(Post 1852218)
This place isn't going anywhere next year.
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Originally Posted by tom11011
(Post 1852222)
Oh no? So they want to shrink it just small enough so the 300 lifer captains do not have to seek employment elsewhere? They're doing it for them right? American and Envoy think its ok to have the average longevity payscale at year 15 or so right? You are being whipsawed right now, as we speak.
You also have about 100 of us lifers retiring in the next 4 years. |
Originally Posted by PilotCrusader
(Post 1852225)
At 1200-1500 total pilots as the goal for envoys low point in 2017, there would be 600-750 CA spots. With 300 of us "lifers" around, that is 300-450 open CA spots. The rest of the seniority list is flowing pretty steady, so longevity will shrink. You also have about 100 of us lifers retiring in the next 4 years.
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Originally Posted by tom11011
(Post 1852226)
1500 is what they told you to keep the doors from falling off. If their true intentions were announced.....
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Originally Posted by Weekendwarrior2
(Post 1852228)
Forgot you have the crystal ball and know exactly what's going to happen a year down the road.
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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.
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Originally Posted by PilotCrusader
(Post 1852232)
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.
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Originally Posted by Weekendwarrior2
(Post 1852228)
Forgot you have the crystal ball and know exactly what's going to happen a year down the road.
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. |
Originally Posted by tom11011
(Post 1852246)
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. |
Originally Posted by PilotCrusader
(Post 1852248)
Really? Where does it say that? They gave us $12.5k and FOs $7.5k just recently. They can give one group less than the other. Why can't they give nothing to one and more to the other?
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Originally Posted by tom11011
(Post 1852167)
The only people who will get bonus's are those who are going to see the airline through to its orderly shutdown next year.
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Originally Posted by PilotCrusader
(Post 1852248)
Really? Where does it say that? They gave us $12.5k and FOs $7.5k just recently. They can give one group less than the other. Why can't they give nothing to one and more to the other?
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Originally Posted by tom11011
(Post 1852250)
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.
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Originally Posted by Justrun
(Post 1852252)
Do you get off on seeing an airline shutdown and thousands of people lose their jobs? It seems that way.
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Originally Posted by Justrun
(Post 1852252)
Do you get off on seeing an airline shutdown and thousands of people lose their jobs? It seems that way.
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Originally Posted by PilotCrusader
(Post 1852258)
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.
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Originally Posted by PilotCrusader
(Post 1852261)
It almost seems like he used to work here, ran off somewhere else, and now wants to see this place fail so he feels justified in his choice.
But see it from the bean counters point of view. Envoy is simply too top heavy in the cost of labor to continue as a going concern. Why else with AAG be doing what they are doing? As attrition from the bottom accelerates, the situation becomes worse. |
Originally Posted by PilotCrusader
(Post 1852258)
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.
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I've heard that AAG is looking at purchasing a large amount of 100 to 150 seat aircraft to be flown by mainline in anticipation of its regionals shrinking overall over the next few years. I also know that United is looking at the same thing. They've been looking at the new Bombardier C-Series and an improved E-190.
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Originally Posted by chrisreedrules
(Post 1852318)
I've heard that AAG is looking at purchasing a large amount of 100 to 150 seat aircraft to be flown by mainline in anticipation of its regionals shrinking overall over the next few years. I also know that United is looking at the same thing. They've been looking at the new Bombardier C-Series and an improved E-190.
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Originally Posted by PilotCrusader
(Post 1852225)
At 1200-1500 total pilots as the goal for envoys low point in 2017, there would be 600-750 CA spots. With 300 of us "lifers" around, that is 300-450 open CA spots. The rest of the seniority list is flowing pretty steady, so longevity will shrink. For example, even with the deferrals returning, it is modestly estimated that all the 824 wil be gone before 2017. The protected pilots are 10 years or less currently, with a big gap in years 5 and 8(no one hired spring 2008-2010)
You also have about 100 of us lifers retiring in the next 4 years. |
Folks, let's not live in a fantasy world here. I truly believe that the company is just stringing us along with these rumors of bonuses, rainbows, and unicorns. They're not willing to put their money where their mouth is. I think they're just making up these rumors in hopes it will retain pilots; why pay to retain when you can retain based simply on rumors?
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Originally Posted by fisherman
(Post 1852351)
Folks, let's not live in a fantasy world here. I truly believe that the company is just stringing us along with these rumors of bonuses, rainbows, and unicorns. They're not willing to put their money where their mouth is. I think they're just making up these rumors in hopes it will retain pilots; why pay to retain when you can retain based simply on rumors?
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When are the CRJ's scheduled to go PSA? Whenever that is, you can rest assured that a DISPLACEMENT bid will come.
GoodLuck! |
Originally Posted by RJ Pilot
(Post 1852371)
When are the CRJ's scheduled to go PSA? Whenever that is, you can rest assured that a DISPLACEMENT bid will come.
GoodLuck! |
Originally Posted by CLT Guy
(Post 1852394)
The first 700 leaves Envoy in May 2015.
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Originally Posted by CLT Guy
(Post 1852394)
The first 700 leaves Envoy in May 2015.
Originally Posted by chrisreedrules
(Post 1852401)
And the remainder in 2017.
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Originally Posted by ChickHicks
(Post 1852466)
RJ knows exactly when they are leaving. Stop feeding the troll. Though you are stating facts, I would be careful how you come across in an envoy thread.
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Originally Posted by PilotCrusader
(Post 1852489)
Thanks for showing some candor. I just saw him as stating facts though. And yeah, RJ trolls. We all know that.
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Originally Posted by chrisreedrules
(Post 1852517)
Not trying to stir the pot. We're all trying to get out of the regionals. I don't like what's happening at Envoy. I have friends who work/worked there and I know you guys are a great pilot group. But I and CLT were indeed just stating facts.
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Psa is huge pyramid scheme in before 2017 many if not most regionals will offer better than what you do now. If you only know what's coming, especially to those hired now for a fast upgrade.
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Originally Posted by lakehouse
(Post 1852563)
Psa is huge pyramid scheme in before 2017 many if not most regionals will offer better than what you do now. If you only know what's coming, especially to those hired now for a fast upgrade.
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Originally Posted by lakehouse
(Post 1852563)
Psa is huge pyramid scheme in before 2017 many if not most regionals will offer better than what you do now. If you only know what's coming, especially to those hired now for a fast upgrade.
Anyway, PSA continues to bank on the fact that the fast upgrade will bring in pilots. It has worked until this point and the company keeps applying small bandaids to push the fast upgrade out a little further here, a little further there. First it was the Eagle 700s, then the additional 24 900s. The music is going to stop here pretty soon based on number of pilots alone, this doesn't take into account all the FOs that have been bypassed due to not having 1000SIC. Management is going to need to play another card. The growth card is probably no longer an option, as I can't see them wanting us any larger than 150 acft. For some reason they have always been against giving bonuses. I've heard it's because "If everyone's doing it it doesn't set us apart". You can see how that is flawed, especially if you are the only one NOT giving bonuses. They could increase our hiring agreement but that becomes a double edged sword for obvious reasons, considering how many pilots we already have on the list. |
Originally Posted by pagey
(Post 1852698)
So you know what's coming?
Anyway, PSA continues to bank on the fact that the fast upgrade will bring in pilots. It has worked until this point and the company keeps applying small bandaids to push the fast upgrade out a little further here, a little further there. First it was the Eagle 700s, then the additional 24 900s. The music is going to stop here pretty soon based on number of pilots alone, this doesn't take into account all the FOs that have been bypassed due to not having 1000SIC. Management is going to need to play another card. The growth card is probably no longer an option, as I can't see them wanting us any larger than 150 acft. For some reason they have always been against giving bonuses. I've heard it's because "If everyone's doing it it doesn't set us apart". You can see how that is flawed, especially if you are the only one NOT giving bonuses. They could increase our hiring agreement but that becomes a double edged sword for obvious reasons, considering how many pilots we already have on the list. |
First of all I wouldn't get excited about anything happening. We've been led on by the potential for retention bonuses for awhile now.
However if I was to guess what Pedro's plan was. I would say it's probably something similar to paying all pilots above step 4 at the captain pay rate. This would get voted in because it would pay protect captains in the event of possible displacements. And it would limit the pool of people eligible from envoy to longevities of 5-10 years. They don't want to pay the lifers who aren't going anywhere regardless, they don't want to pay those with imminent flow, they think this would be enough of a carrot to keep the junior FOs around at least it's a guarantee of captain wages at year 5. As the airline shrinks and upgrades get to 4 years the program ends because no one is eligible for it. So this will not be a recruitment program it will possibly be strictly a retention program. Just my opinion but that is the only thing that actually makes sense. |
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