Term sheet needed for APA-US Airways...
#12
Line Holder
Joined APC: Apr 2007
Posts: 54
RUMOR only: Got this info...again...not official:
US Air offer:
DAL + 3% DOS (Date of Signing)
2 Years completed....DAL equal (Delta pilots in negotiations now)
5 Years completed...DAL/UAL average
10% B fund
4% 401K
A fund frozen
7 year fence
Scope: for every 2, 88 seaters, 1 mainline jet
E190 = Jetblue rates
A319 now MD80/737 bucket
US Air offer:
DAL + 3% DOS (Date of Signing)
2 Years completed....DAL equal (Delta pilots in negotiations now)
5 Years completed...DAL/UAL average
10% B fund
4% 401K
A fund frozen
7 year fence
Scope: for every 2, 88 seaters, 1 mainline jet
E190 = Jetblue rates
A319 now MD80/737 bucket
#13
Probably best not to use these words when discussing merger terms with the East pilots of US Airways and the association leadership at USAPA.
They still have difficulty understanding what "final binding arbitration" means in creating the SLI from the previous merger.
#14
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
I'm fairly certain CRJ900's configured to 90 seats are already allowed under UsAir scope. 93 CRJ900's to be exact.
#15
On Reserve
Thread Starter
Joined APC: Apr 2012
Position: A330 F/O
Posts: 22
As an aside, are we still ALPA?
#16
Gets Weekends Off
Joined APC: Aug 2005
Posts: 3,707
US Airways scope currently allows
175 aircraft in 50 seats or less,
212 aircraft with 51 - 70 seats,
153 aircraft with greater than 71 seats.
US Airways can have 540 regional aircraft and American has 255 aircraft (included are AE and Connection). There are already 795 aircraft allowed.
If Parker exercises the options of AA, there are over 460 new aircraft coming from the AA side not counting the 787 and 777 still on order.
175 aircraft in 50 seats or less,
212 aircraft with 51 - 70 seats,
153 aircraft with greater than 71 seats.
US Airways can have 540 regional aircraft and American has 255 aircraft (included are AE and Connection). There are already 795 aircraft allowed.
If Parker exercises the options of AA, there are over 460 new aircraft coming from the AA side not counting the 787 and 777 still on order.
#17
On Reserve
Thread Starter
Joined APC: Apr 2012
Position: A330 F/O
Posts: 22
Here is the latest: (more should be known Sat. 21, USAPA has a conf call at 10am, more details should be out at that time).
(This is still not official):
Notes from APA meeting:
1. Deal should be finished by end of summer
2. Expedited arbitration for seniority (DAL/NWA percentile)
3. Medical costs go from 14% to 17%
4. 787 orders will remain
5. 319 orders to be converted to 320/321
6. Keep current duty rigs
7. A Plan frozen. B Plan will be 14% to 401K
8. Stay with One World. Leave Star Alliance
9. Name remains AA
10. HQ is DFW not PHX
11. Pay is 5% raise on date of signing. 3% from 2 to 6 years, than average of
UAL/DAL 319 pay rates.
12. Vacation to 3+40 per day
13. East Pilots will eventually get between 25% to 30% pay raise, but no timeline given
14. Get rid of 50 seat aircraft.
15. Scope is reduced
16. Keep AA's Boeing/Airbus order. No word on A350 or US Airways orders
(This is still not official):
Notes from APA meeting:
1. Deal should be finished by end of summer
2. Expedited arbitration for seniority (DAL/NWA percentile)
3. Medical costs go from 14% to 17%
4. 787 orders will remain
5. 319 orders to be converted to 320/321
6. Keep current duty rigs
7. A Plan frozen. B Plan will be 14% to 401K
8. Stay with One World. Leave Star Alliance
9. Name remains AA
10. HQ is DFW not PHX
11. Pay is 5% raise on date of signing. 3% from 2 to 6 years, than average of
UAL/DAL 319 pay rates.
12. Vacation to 3+40 per day
13. East Pilots will eventually get between 25% to 30% pay raise, but no timeline given
14. Get rid of 50 seat aircraft.
15. Scope is reduced
16. Keep AA's Boeing/Airbus order. No word on A350 or US Airways orders
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