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Old 01-09-2018 | 08:14 AM
  #6581  
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Anyone know if this piedmont rumor has legs?
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Old 01-09-2018 | 09:25 AM
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Originally Posted by inevitableneb
Anyone know if this piedmont rumor has legs?
Which one, the merger?

As a Piedmont employee, we hear about this. A majority of us donate money towards a separate fund in the event of a merger for the legal fees associated with a merger.

That being said, I don't think it's likely. AA has too much to lose by merging us. They literally have all of the convenience of being able to whipsaw us with all of the economics of having non-fee for departure regional service.
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Old 01-09-2018 | 09:28 AM
  #6583  
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Originally Posted by DilsonWic
Which management?
Envoys.
/10 char
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Old 01-09-2018 | 09:53 AM
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Originally Posted by Newstick189
Which one, the merger?

As a Piedmont employee, we hear about this. A majority of us donate money towards a separate fund in the event of a merger for the legal fees associated with a merger.

That being said, I don't think it's likely. AA has too much to lose by merging us. They literally have all of the convenience of being able to whipsaw us with all of the economics of having non-fee for departure regional service.
They're not worried about the whipsaw right now, they know they have psa in their back pocket for when they need some whipsawing
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Old 01-09-2018 | 10:07 AM
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Originally Posted by Smutter
They're not worried about the whipsaw right now, they know they have psa in their back pocket for when they need some whipsawing
I think people associate whipsawing with driving labor prices down, but in this case I think it also works with slowing the increase of labor prices.

I hate to say this also, but both Envoy and PSA both have a brighter future than PDT. Despite getting these clapped out 145's, in about 5 years time we are going to seriously need to reevaluate what the future holds for our company in terms of equipment. We may very well be the next "PSA" in terms of accepting a contract for the sake of surviving despite hurting our compatriots at the other WO's. We are the next weak link in this whipsaw scenario.

That is, unless we merge of course.
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Old 01-09-2018 | 11:11 AM
  #6586  
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Originally Posted by AZPilotMike
Envoys.
/10 char
So what do they have to gain by not allowing it?
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Old 01-09-2018 | 12:10 PM
  #6587  
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Originally Posted by DilsonWic
So what do they have to gain by not allowing it?
Millions in payroll.
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Old 01-09-2018 | 12:46 PM
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Originally Posted by DilsonWic
So what do they have to gain by not allowing it?
Lots and lots of money
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Old 01-09-2018 | 04:12 PM
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Yea thought that, but then talked myself outta it bc is it really envoys money if it’s coming from daddy Doug? I’m probably over looking something 101 obvious.
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Old 01-09-2018 | 04:19 PM
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Originally Posted by DilsonWic
Yea thought that, but then talked myself outta it bc is it really envoys money if it’s coming from daddy Doug? I’m probably over looking something 101 obvious.
Our execs probably have a profit sharing compensation package. Giving money away = less for them.

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