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Old 03-18-2017 | 11:49 AM
  #7321  
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Originally Posted by SpankysLadder
Will this payout trigger a mass resignation by the FAs? Take the money and run?
Maybe. But included in their LOA is an early out cash offer to the senior FAs as well. It seems the company wants "juniority" in our largest labor group. Makes for a good bullet point to investors...

We must be coming down to the wire on the IPO. The underwriters are most likely throwing numbers to the company that they want fixed before the stock issuance. Hence this buyout. We can only pray that a new pilot CBA is on that list.
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Old 03-18-2017 | 12:17 PM
  #7322  
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Originally Posted by PulledBreaker
Maybe. But included in their LOA is an early out cash offer to the senior FAs as well. It seems the company wants "juniority" in our largest labor group. Makes for a good bullet point to investors...

We must be coming down to the wire on the IPO. The underwriters are most likely throwing numbers to the company that they want fixed before the stock issuance. Hence this buyout. We can only pray that a new pilot CBA is on that list.
Well the mechanics got a contract last month- the few Mechanics I spoke with in Den didn't sound to excited about it. I think $35 hour top scale. Not sure how that compares to others. But they're done - now you have the FA - LOA so maybe there is something to what ALPA keeps saying by end of year ?
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Old 03-18-2017 | 12:24 PM
  #7323  
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Originally Posted by PulledBreaker
Maybe. But included in their LOA is an early out cash offer to the senior FAs as well. It seems the company wants "juniority" in our largest labor group. Makes for a good bullet point to investors...

We must be coming down to the wire on the IPO. The underwriters are most likely throwing numbers to the company that they want fixed before the stock issuance. Hence this buyout. We can only pray that a new pilot CBA is on that list.
I think timing is not in our favor if an ipo is around the corner.
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Old 03-18-2017 | 07:16 PM
  #7324  
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According to a conversation with B.B. (the FAPA Invest guy, not the lardass CEO), he believes a partial - not full - IPO is nigh.
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Old 03-18-2017 | 07:24 PM
  #7325  
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Originally Posted by Trowserchilli
Follow the process.
Some of us who've been around here a while have had it with the bullshlt, broken promises, and degradation of our QOL. You should probably hold off on this sort of advice until you've been around years, sparky.
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Old 03-18-2017 | 07:52 PM
  #7326  
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Originally Posted by Harvey Specter
Some of us who've been around here a while have had it with the bullshlt, broken promises, and degradation of our QOL. You should probably hold off on this sort of advice until you've been around years, sparky.
I feel your sentiments!
What do you suggest we do as opposed to follow the process?
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Old 03-18-2017 | 07:59 PM
  #7327  
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Originally Posted by Harvey Specter
Some of us who've been around here a while have had it with the bullshlt, broken promises, and degradation of our QOL. You should probably hold off on this sort of advice until you've been around years, sparky.
You have absolutely no idea what I've been through throughout my career.
Multiple bankruptcies done it.
Multiple furloughs done it.
Multiple contracts done it.
Multiple majors done it.
Thanks for your advice but I'll pass.

We have a union for a reason, we need to follow their instructions.

Last edited by Trowserchilli; 03-18-2017 at 08:10 PM.
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Old 03-18-2017 | 09:06 PM
  #7328  
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Originally Posted by Trowserchilli
You have absolutely no idea what I've been through throughout my career.
Multiple bankruptcies done it.
Multiple furloughs done it.
Multiple contracts done it.
Multiple majors done it.
Thanks for your advice but I'll pass.

We have a union for a reason, we need to follow their instructions.
You remind me of that old video game called "Lemmings". Multiple majors, yeah right.
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Old 03-18-2017 | 09:09 PM
  #7329  
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Originally Posted by A319
I am in no way advocating for a discount pay. I think our pay should be in line with what our peers are paid. Delta is not our peer. Spirit, Allegiant and jetBlue are our peers.
Why are other A320 operators not your peers?
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Old 03-18-2017 | 09:12 PM
  #7330  
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Originally Posted by madmax757
Well the mechanics got a contract last month- the few Mechanics I spoke with in Den didn't sound to excited about it. I think $35 hour top scale. Not sure how that compares to others. But they're done - now you have the FA - LOA so maybe there is something to what ALPA keeps saying by end of year ?
I didn't know the mechanics finally got a contract. Things sure do seem to be lining up for an IPO. The dispatchers and mechanics get contracts, Warren Buffet is hot for airline stocks, oil is still cheap and Indigo just bought out the flight attendant equity stake.

I believe a fair amount of our flight attendants will take the buyout and retire. I read that they could get up to $36,000 for the senior mama's. If frontier could loose half the senior, top of pay scale FAs, that would certainly look good to the investors.

Not sure how a looming IPO effects us
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