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Old 08-30-2020, 01:18 PM
  #641  
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Anyone have any rumors of how many have bid the Cola 35 as of today ?
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Old 08-30-2020, 04:01 PM
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Originally Posted by madmax757 View Post
Anyone have any rumors of how many have bid the Cola 35 as of today ?
Latest rumor I heard earlier today was around 350. I didn’t hear anything about the breakdown of durations though.
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Old 08-30-2020, 06:33 PM
  #643  
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The following was just brought to my attention and I wanted to make sure that those of us considering multi month COLAS are aware.

Regarding CARES act extension:

The ALPA email states: “ If there is an extension of the CARES Act, the company and the Association will reconvene and discuss alternative voluntary cost-saving measures.”

However this is not entirely accurate when reading the full LOA Language which states:

In the event that the U.S. Government awards, and the Company accepts the terms of, a Payroll Support Program (PSP) for aviation employees with an effective date of October 1, 2020 or later, the parties agree to discuss alternative voluntary cost savings measures.

This is a critical Difference. If you are bidding a 3 or 6 month cola thinking ALPA has the opportunity to negotiate again when CARES is extended that may not be the case. It is entirely possible (probable?) that Barry could turn down PSP support. In that case we would have people on long term COLA-35s and pilots on zero value lines when taking the PSP could have meant guarantee for everyone on our list. Food for thought.
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Old 08-30-2020, 07:10 PM
  #644  
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Didn’t BB say in the most recent Vimeo that the furlough was now not necessary? I think I must’ve misheard it, or the usual posters would’ve been carping about it. I’m a gettin old, as they say......
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Old 08-30-2020, 07:34 PM
  #645  
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Originally Posted by Fifi View Post
Didn’t BB say in the most recent Vimeo that the furlough was now not necessary? I think I must’ve misheard it, or the usual posters would’ve been carping about it. I’m a gettin old, as they say......
I'm guessing its semantics as no one will technically be involuntarily "furloughed." They will just be on zero time lines.
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Old 08-30-2020, 08:04 PM
  #646  
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Originally Posted by upup89 View Post
I'm guessing its semantics as no one will technically be involuntarily "furloughed." They will just be on zero time lines.
That's what I thought too.

What I'm thinking now is that we are going to have a lot of 3 month COLA takers, but very few 6 month. So the 504 should be good until January. And then... not so much
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Old 08-31-2020, 07:46 AM
  #647  
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Originally Posted by Aero1900 View Post

What I'm thinking now is that we are going to have a lot of 3 month COLA takers, but very few 6 month. So the 504 should be good until January. And then... not so much
I suspect you’re right, I think the lookout for January will be rough. But then they may decide to continue offering paid COLAs that will keep guys off COLA-0.
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Old 08-31-2020, 07:59 AM
  #648  
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Nothing stopping them from offering 3 month COLAS starting in Nov and Dec too, so if they don’t get as many 6 month takers they can make it up with those or 1 month ones.
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Old 08-31-2020, 09:30 AM
  #649  
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Just got a text from ALPA stating 1 month offerings may be exceeded, consider 3 or 6 month option. Why is there a preference by the company? Shouldn’t the preference be to get 504 regardless and when they need more then offer when appropriate? What’s my simple, cola mind missing😀
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Old 08-31-2020, 09:36 AM
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Originally Posted by Xdashdriver View Post
Nothing stopping them from offering 3 month COLAS starting in Nov and Dec too, so if they don’t get as many 6 month takers they can make it up with those or 1 month ones.
That's true
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