zoooropa

Just to be accurate, we have ratified four concessionary LOA's. Three occurred during our trip through BK. We received a multi-million dollar unsecured claim payment in return for those three. We definitely did not get all of our money back, but we received some pay back. We have never touched one work rule and all of our hourly pay concessions have full snap back provisions.

We signed LOA 67 in 2011. This LOA did not reduce any pay rates or change any work rules. We postponed one year of longevity and reduced vacation and sick accrual. Again, every item is restored to full book value eventually.

In return for the LOA 67 concessions we negotiated a profit sharing plan and an equity stake in Frontier Airlines. The status of both of these plans remains unclear at this time.

I can attest that not one pilot at F9 is interested in giving up our ROI.

We have never been "quick" to give up concessions, and our CBA is proof. Not one work rule change after a trip through BK and full snap back to full book rates. We still have a 9.2% retirement match, increasing to 11.2% soon.

We have never been the highest paid, but I believe we have managed to hang on to A LOT considering what we have been through since April 2008.

Spoilers

Thnaks for all the info Bolo!

terryhflyer

Word from the office today is that interviews start next week calls going out soon. Not much notice so get ready you silver bullets.

Jughead135

Is 2007 the last time "street" hiring was done? That might explain why the online gouge is so thin.

Seems like we've got several F9 guys in this thread--any words on what the interviews will look like?

LevelPar

If F9 was a career airline, why the need to hire for attrition? Is it all retirements or are they jumping ship?

cloudwarrior

Recalls to legacy carriers.

They (UAL, AA, etc) seem more solid than F9 atm. Sorta like a "sure thing" there, Vs the wild card here.

RightSeatDude

Hilarious stuff... those pilots would be on the street and Frontier liquidated if it weren't for Republic acquiring them. Simple fact.

FAULTPUSH

Rocky - My point was that FAPAInvest isn't likely to give anything up, or negotiate our position.

As for concessions, the investor has leverage at this point (the threat that the deal won't happen without the concessions). That carries some weight with the flight attendants, but for us, it's moot because IBT has no interest in giving concessions on the F9 side, except perhaps in return for some juicy bone that might be offered to the RAH pilots.

After the deal is done (and I sure hope it happens), and we have real representation again, then the investor has lost that leverage. All of the previous gives that our pilot group has voted for have happened under duress. It would take at LEAST a few months of poor results before we'd vote for any further concessions.

FAULTPUSH

...history has shown that IF, then MAYBE. Truer words were never spoken.

RockyMntAV8R

Nice try but not true. There were 2 companies in the bidding process for F9. RAH and WN were both interested. If RAH would have dropped out WN would have aquired F9. No need to debate which would have been a better option for the different employee groups, been there and done that. Just the facts Right Seat Dude.