Analyst says 20% probability of APA having to take a pay CUT!
10-02-2007 | 05:08 AM
#41
Gets Weekends Off
Joined: Aug 2007
Posts: 1,042
Likes: 0
From: 737 CA MIA
I know what you're say "Look a bird" oops my attention deficit disorder sorry.
Hey, i'm guilty of the occasional H@#*Jack a thread disorder.
I'll try to be better in the future.
It happens on all message boards.
10-02-2007 | 06:50 AM
#42
Gets Weekends Off
Joined: Jul 2007
Posts: 103
Likes: 0
From: E190
Analyst Jamie Baker of JP Morgan suggests that contract talks at American Airlines aren't likely to produce a steep increase in employee wages, and could even result in a pay cut. Here's what he said in a report:
We ascribe a 50% probability to a wage increase no larger than 10%, 30% probability to wage-neutral contracts, and 20% probability to lower wages. Yes, we just said 'lower wages'. Management and pilot rhetoric likely to deteriorate next year, but pilots know they're walking a tightrope. Any involvement of an NMB-appointed mediator down the road would likely focus on the fact that AMR wage rates are meaningfully higher than market to begin with. Sure, pilots may ask for hefty increases, but the facts remain: AMR wage rates are already uncompetitive, and negotiations are taking place against a backdrop of economic uncertainty. Not too shabby of a position for management, or stakeholders, to be in, in our view.
50% chance AA pilots won't ever press their uniforms, shine their shoes, call for fuel,
30% chance AA pilots don't add extra fuel causing diverts, play it safe and taxi SLOOOOOW, use all available sick time on all holidays, don't budge on any contractual items, do not pick up any open time.
20% chance AA pilots WALK.
10-02-2007 | 10:01 AM
#43
Gets Weekends Off
Joined: Aug 2007
Posts: 1,042
Likes: 0
From: 737 CA MIA
How about these estimates:
50% chance AA pilots won't ever press their uniforms, shine their shoes, call for fuel,
30% chance AA pilots don't add extra fuel causing diverts, play it safe and taxi SLOOOOOW, use all available sick time on all holidays, don't budge on any contractual items, do not pick up any open time.
20% chance AA pilots WALK.
50% chance AA pilots won't ever press their uniforms, shine their shoes, call for fuel,
30% chance AA pilots don't add extra fuel causing diverts, play it safe and taxi SLOOOOOW, use all available sick time on all holidays, don't budge on any contractual items, do not pick up any open time.
20% chance AA pilots WALK.
Not all of us are against JetBlue. So what's your story?
My wife takes all my stuff to the cleaners.
I don't get shoe shines that often.
I think the 80 has the most diverts for fuel.
I've never called in sick for a Holiday. Yes, i'm part chicken.
I'll walk, It won't be a long one, we'll get ordered back.
10-03-2007 | 02:16 PM
#44
Gets Weekdays Off
Joined: Feb 2007
Posts: 1,053
Likes: 0
From: Economy Minus
Ok, let's just for grins say Mr. Analyst dead-on.
And say the AA pilots take another pay cut. I currently make over 120K yr.
Say a 20% pay cut and basically keep the same work rules. Maybe a little more productivity of 3-5 extra hours a month.
Everybody chime in. Would it still be worth it? To you?
Would you come back form recall?
Would you interview for the job?
If you were a Regional guy would you flow thruogh?
If you were a regional guy/girl would you apply?
It matters more what you think then some Analyst.
Analysts are like weathermen, sometimes wrong.
And say the AA pilots take another pay cut. I currently make over 120K yr.
Say a 20% pay cut and basically keep the same work rules. Maybe a little more productivity of 3-5 extra hours a month.
Everybody chime in. Would it still be worth it? To you?
Would you come back form recall?
Would you interview for the job?
If you were a Regional guy would you flow thruogh?
If you were a regional guy/girl would you apply?
It matters more what you think then some Analyst.
Analysts are like weathermen, sometimes wrong.
10-03-2007 | 06:20 PM
#45
Gets Weekends Off
Joined: Aug 2007
Posts: 1,042
Likes: 0
From: 737 CA MIA
By saying "say a 20% pay cut" it meant hypothetically.
I was aware the Analyst wrote 20% chance of a pay cut.
Not being defensive here Skywatch, but you should take a look at Boeing QRH's I make mistakes on them. Flap malfunction and hydraulic malfuntions are difficult to figure out in the sim.
And don't get me started on the MEL's
You should hear me read Dr Seuss to my kid!
I was aware the Analyst wrote 20% chance of a pay cut.
Not being defensive here Skywatch, but you should take a look at Boeing QRH's I make mistakes on them. Flap malfunction and hydraulic malfuntions are difficult to figure out in the sim.
And don't get me started on the MEL's
You should hear me read Dr Seuss to my kid!
Thread
Thread Starter
Forum
Replies
Last Post
captain_drew
Flight Schools and Training
39
12-05-2012 08:29 AM
