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2Q 2025 Earnings Call - Aug 5


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2Q 2025 Earnings Call - Aug 5

Old 08-15-2025 | 09:58 AM
  #171  
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Originally Posted by Aero1900
I can't find it in my email. Can you please post the pay numbers? At least the 12th year CA rate? Is it 360? Thanks
Original top of scale numbers asked by ALPA were;

CA 1/16/24 - $364.90
CA 1/1/25 - $379.50
CA 1/1/26 - $394.68

FO 1/16/24 - $249.24
FO 1/1/25 - $259.21
FO 1/1/26 - $269.57

So they have dropped the rates by about $5 an hour on this latest counter proposal.
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Old 08-15-2025 | 10:46 AM
  #172  
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12 yr CA rate for 2026 was $394.68 in original ask.

12 yr CA rate for 2026 is $374.40 in the new ask.

Thats a $20.28 reduction. It’s also way behind the “big boys”. Color me not amused.

The only saving grace is the market rate adjustment of this proposal would catch F9 up to legacy rates in year three, at the “end” of this new contract. If it actually worked.
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Old 08-15-2025 | 11:17 AM
  #173  
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Originally Posted by Mesabi
12 yr CA rate for 2026 was $394.68 in original ask.

12 yr CA rate for 2026 is $374.40 in the new ask.

Thats a $20.28 reduction. It’s also way behind the “big boys”. Color me not amused.

The only saving grace is the market rate adjustment of this proposal would catch F9 up to legacy rates in year three, at the “end” of this new contract. If it actually worked.

Yeah….. there’s one thing that would actually help and need to be ironclad for it to work. Problem is getting them to agree to it. Not sure BB wants to give us anything close to what we are asking.
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Old 08-15-2025 | 11:28 AM
  #174  
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Thank you for posting that guys. Appreciate it.

I thought we had reduced our ask but I wasn't sure.
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Old 08-15-2025 | 11:37 AM
  #175  
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Originally Posted by Mesabi
12 yr CA rate for 2026 was $394.68 in original ask.

12 yr CA rate for 2026 is $374.40 in the new ask.

Thats a $20.28 reduction. It’s also way behind the “big boys”. Color me not amused.

The only saving grace is the market rate adjustment of this proposal would catch F9 up to legacy rates in year three, at the “end” of this new contract. If it actually worked.
Yeh the new top rate is for 2027 on current ask vs 2026 on original ask. I spoke directly to negotiator at airport sit few days ago, they are saying this new offer gets the same money as original ask but is more back end heavy. This is to allow the company "breathing room" with their current "hardships" as they anticipate return to profits and growth etc.

It's to show good faith to NMB to be able to call for a status meeting if the company does not respond in a reasonable way at the next meeting.
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Old 08-15-2025 | 11:51 AM
  #176  
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Originally Posted by WingKong
It's to show good faith to NMB to be able to call for a status meeting if the company does not respond in a reasonable way at the next meeting.
THIS RIGHT HERE is what people are not understanding. If we start truly coming down from our original offer and the company doesn't try to even come close, it won't be good for them in the eyes of the mediator, hopefully getting us closer to being released. All of the stuff the union is doing isn't just our few people on the NC, it is backed by ALL of ALPA and their legal teams and strategists.
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Old 08-15-2025 | 12:02 PM
  #177  
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Originally Posted by Mesabi

The only saving grace is the market rate adjustment of this proposal would catch F9 up to legacy rates in year three, at the “end” of this new contract. If it actually worked.
gee. I sure hope there’s going to be some sort of snap up prevision in those rates.

Otherwise in 3 years, and two cycles behind, people will be real ****ed when they start hearing what everyone else will be getting.
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Old 08-15-2025 | 12:58 PM
  #178  
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Originally Posted by LinaPeru
gee. I sure hope there’s going to be some sort of snap up prevision in those rates.

Otherwise in 3 years, and two cycles behind, people will be real ****ed when they start hearing what everyone else will be getting.

The act of making preparations for a possible or future event or situation.
"The provision for retirement requires planning."
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Old 08-15-2025 | 01:09 PM
  #179  
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Originally Posted by VisionWings
The act of making preparations for a possible or future event or situation.
"The provision for retirement requires planning."
Alright Vision. If its’ war you want….. Than bombs away.
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Old 08-15-2025 | 08:47 PM
  #180  
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Originally Posted by Mesabi
12 yr CA rate for 2026 was $394.68 in original ask.

12 yr CA rate for 2026 is $374.40 in the new ask.

Thats a $20.28 reduction. It’s also way behind the “big boys”. Color me not amused.

The only saving grace is the market rate adjustment of this proposal would catch F9 up to legacy rates in year three, at the “end” of this new contract. If it actually worked.
Just a slight correction to this. Since the rate doesn’t change until 8/2026 the combined actual rate for 12yr CA in our updated ask would be $366. A 7% decrease from our initial economic proposal.
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