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Originally Posted by dracir1
(Post 3771343)
This airline won't make it to 2030 if in 2026/7, the pay rate lags.
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Originally Posted by Shrek
(Post 3771520)
If your future TA 1 isn't a home run (and gets voted down)then this timeline will be blown out of the water in terms of 2026 pay rates.
The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention. CASM is one thing. But RASM is another. |
Originally Posted by dracir1
(Post 3771526)
That has to be factored in...
The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention. CASM is one thing. But RASM is another. Management would be fired immediately if they were to agree to proposed rates day one with nothing to show for it. |
Originally Posted by dracir1
(Post 3771526)
That has to be factored in...
The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention. CASM is one thing. But RASM is another. |
Originally Posted by planejoe
(Post 3771540)
First you're going to have to convince them which rates because per BL our peers are "Allegiant, Spirit & Sun Country" and not the legacies.
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Originally Posted by dracir1
(Post 3771526)
That has to be factored in...
The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention. CASM is one thing. But RASM is another. With the arrangment above, Frontier will ALWAYS be lagging Big-4. F9 "today contract" will always be "yesterdays Big 4" rates. Is that what we want? |
Originally Posted by hercretired
(Post 3771596)
And in 2028, Big 4 will be working on their next round of new pay rates. Meanwhile, we will have "arrived" to our agreement (not matching Big-4 by the way...) of "better than now, but sub-Big 4" rates.
With the arrangment above, Frontier will ALWAYS be lagging Big-4. F9 "today contract" will always be "yesterdays Big 4" rates. Is that what we want? |
Originally Posted by spooldup
(Post 3771740)
Did you notice that the union put into the proposition that we want a 3 year contract cycle? Trying to get us closer to the rest of the industry's cycle.
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Originally Posted by HSCompressor
(Post 3771841)
3 years is certainly nice. But, without snap up language and retro I feel it might be slightly toothless.
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Originally Posted by Stayontarget
(Post 3769627)
Not exactly F9 news but Indigo owns a portion of Lynx.
https://www.thestar.com/business/discount-carriers-flair-airlines-and-lynx-air-in-merger-talks-industry-insiders-say/article_66cc1896-cb7b-11ee-9c2e-3b0d7489ee49. html |
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