Frontier Workers Face Wage Cuts of 10 Percent
05-16-2008, 04:45 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Jan 2006
Posts: 1,542
Frontier Workers Face Wage Cuts of 10 Percent
Frontier still has close to $200 million in the bank. I hope the pilots do not accept these wage concessions. Especially Lynx pilots. If Lynx pilots take wage cuts, they will be the lowest paid regional airline pilots around for anything greater than 19 seats!!
(AP)-Frontier Airlines employees will see paychecks cut 10 percent when the carrier implements temporary wage reductions later this month, the airline said.
The cuts will last through September as Frontier combats rising fuel costs and navigates through the Chapter 11 bankruptcy process.
Denver-based Frontier, which has daily flights to and from Wichita's Mid-Continent Airport, has been negotiating pay cut agreements with union and non-union employees all week, said Steve Snyder, Frontier spokesman.
Frontier employs 4,540 non-union employees out of 5,762 employees, and the airline's subsidiary Lynx Aviation employs 378.
All sectors are non-union except pilots, mechanics, aircraft appearance agents, material specialists and dispatchers, according to the airline.
When the Teamsters, which represent over 400 of Frontier's 6,140 employees, caught wind that Frontier's executive staff was seeking severance packages, it issued a letter to employees saying saying "Frontier's management greed is threatening our future."
"The Teamsters have agreed to wage concessions," said Leslie Miller, Teamster spokeswoman. "Suddenly they sprang this golden parachute on us."
Frontier would not comment on the accusation.
Fuel prices have increased 19 percent, from $105 a barrel to $125 a barrel since the Denver-based carrier filed bankruptcy on April 11.
"We're in the process of trying to get financing. We have to show potential investors ... that we're doing everything possible for the long-term viability of the company," Snyder said.
The employee pay cuts come just a couple weeks after Frontier's executive staff decided to take a 20 percent pay reduction, Snyder said.
"I think you're going to have some people grumpy about it, but I think people recognize what the situation is," Snyder said.
(AP)-Frontier Airlines employees will see paychecks cut 10 percent when the carrier implements temporary wage reductions later this month, the airline said.
The cuts will last through September as Frontier combats rising fuel costs and navigates through the Chapter 11 bankruptcy process.
Denver-based Frontier, which has daily flights to and from Wichita's Mid-Continent Airport, has been negotiating pay cut agreements with union and non-union employees all week, said Steve Snyder, Frontier spokesman.
Frontier employs 4,540 non-union employees out of 5,762 employees, and the airline's subsidiary Lynx Aviation employs 378.
All sectors are non-union except pilots, mechanics, aircraft appearance agents, material specialists and dispatchers, according to the airline.
When the Teamsters, which represent over 400 of Frontier's 6,140 employees, caught wind that Frontier's executive staff was seeking severance packages, it issued a letter to employees saying saying "Frontier's management greed is threatening our future."
"The Teamsters have agreed to wage concessions," said Leslie Miller, Teamster spokeswoman. "Suddenly they sprang this golden parachute on us."
Frontier would not comment on the accusation.
Fuel prices have increased 19 percent, from $105 a barrel to $125 a barrel since the Denver-based carrier filed bankruptcy on April 11.
"We're in the process of trying to get financing. We have to show potential investors ... that we're doing everything possible for the long-term viability of the company," Snyder said.
The employee pay cuts come just a couple weeks after Frontier's executive staff decided to take a 20 percent pay reduction, Snyder said.
"I think you're going to have some people grumpy about it, but I think people recognize what the situation is," Snyder said.
05-17-2008, 09:43 AM
#3
Gets Weekends Off
Joined APC: Dec 2007
Posts: 5,412
Originally Posted by GuppyPuppy
Barry Schiff wrote an article for his column in AOPA Pilot magazine about a year and a half ago about how he can no longer encourage young pilots to pursue an airline career for various reasons. He is spot on and I feel the same way.
GP
GP
I can no longer encourage aspiring airline pilots without first ensuring that they understand the treacherous and daunting journeys typically required to reach for such lofty goals.
I frequently am asked for advice about becoming an airline pilot. The best advice I can offer those determined to endure the rigorous hardships often required is to simultaneously develop a sideline vocation that can be used in case of emergency. A pilot should never get into a position that is totally dependent on income from an airline.
05-17-2008, 09:46 AM
#4
Indian Takeout Driver
Joined APC: Mar 2006
Position: FAR part 347 (91+121+135)
Posts: 1,566
Originally Posted by GuppyPuppy
.. Barry Schiff wrote an article for his column in AOPA Pilot magazine about a year and a half ago about how he can no longer encourage young pilots to pursue an airline career for various reasons. He is spot on and I feel the same way.
05-17-2008, 10:31 AM
#5
Gets Weekends Off
Joined APC: Jan 2007
Position: FO
Posts: 224
Originally Posted by iahflyr
Frontier still has close to $200 million in the bank. I hope the pilots do not accept these wage concessions. Especially Lynx pilots. If Lynx pilots take wage cuts, they will be the lowest paid regional airline pilots around for anything greater than 19 seats!!
05-17-2008, 10:45 AM
#6
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Barry Schiff
Originally Posted by CE750
I'm going to write him a thank you letter for those guys.. it's the best advise anyone can take. Thank God I have money from outside aviation or I'd be ruined.
I am not negative just have a realistic view of the situation like Barry. However I still may be crazy.
I bet that when the Titanic was going down there were a few guys running around the deck proclaiming that the ship was sinking and were putting on their live jackets while the others whispered to each other that the messengers were being "pessimistic".
SkyHigh
05-17-2008, 11:42 AM
#7
Gets Weekends Off
Joined APC: Dec 2007
Posts: 5,412
Originally Posted by SkyHigh
I bet that when the Titanic was going down there were a few guys running around the deck proclaiming that the ship was sinking and were putting on their live jackets while the others whispered to each other that the messengers were being "pessimistic".
Thats what can be said about the US economy in general. A United pilot told me to get out of the USA ASAP.
05-17-2008, 12:43 PM
#8
Gets Weekends Off
Joined APC: May 2008
Posts: 879
Where'd you get the $200 million number? Last measure was $170 million, not counting the first quarter of this calendar year.
Items missing from the newspaper article:
- pay cuts are for only 4 months
- execs/directors are taking about 13% pay cuts too.
- the "golden parachutes" are exceedingly modest by industry standards, and end if the person finds a new job before the 6/9 months is up.
- work rules remain intact (including incentive pay and fantastic scheduling rules.) This is HUGE.
Contrast that with what we've seen elsewhere and show me a better deal that anyone else has gotten in Ch. 11.
Buehler?......Buehler?....
Items missing from the newspaper article:
- pay cuts are for only 4 months
- execs/directors are taking about 13% pay cuts too.
- the "golden parachutes" are exceedingly modest by industry standards, and end if the person finds a new job before the 6/9 months is up.
- work rules remain intact (including incentive pay and fantastic scheduling rules.) This is HUGE.
Contrast that with what we've seen elsewhere and show me a better deal that anyone else has gotten in Ch. 11.
Buehler?......Buehler?....
05-17-2008, 02:03 PM
#10
Gets Weekends Off
Thread Starter
Joined APC: Jan 2006
Posts: 1,542
Originally Posted by LCCescapee
Cuts for pilots are 14.5% plus no 401k matching (another 5%). **** sandwich if you ask me.
Don't accept any wage concessions. When companies like United and Delta gave concessions while in Ch.11, it was because they had some room to give. 737 captain pay rates were around $200/hr. Frontier pay rates do not have any money to give.
Thread
Thread Starter
Forum
Replies
Last Post
