Originally Posted by FNG320 (Post 1429663)

I think you have your numbers way off.

$30-$50 million would be the answer if they had settled back in 2009 when 3A was first submitted (200-250 pilots). However, with nearly 1000 pilots (2/3rds of them Captains) the number is much much bigger. Even if you apply the smallest possible interpertiation you get closer to $80-100 million in back pay. If you take a more agressive interpretation of 3A you get upwards of $120-180 million. That doesn't even include any potential penalty.

We will see in the next few weeks, but it will be a big number any way you look at it. Plus, Neeleman lost his job for just a $40 million mistake. Barger, RM and Hnat all should lose their jobs on this one as this was INTENTIONAL on thier part.

Just my opinion......

FNG

Originally Posted by FNG320 (Post 1429663)

I think you have your numbers way off.

$30-$50 million would be the answer if they had settled back in 2009 when 3A was first submitted (200-250 pilots). However, with nearly 1000 pilots (2/3rds of them Captains) the number is much much bigger. Even if you apply the smallest possible interpertiation you get closer to $80-100 million in back pay. If you take a more agressive interpretation of 3A you get upwards of $120-180 million. That doesn't even include any potential penalty.

We will see in the next few weeks, but it will be a big number any way you look at it. Plus, Neeleman lost his job for just a $40 million mistake. Barger, RM and Hnat all should lose their jobs on this one as this was INTENTIONAL on thier part.

Just my opinion......

FNG

Originally Posted by Climbto450 (Post 1429788)

After doing more research I agree with you my numbers where way off.

Originally Posted by hair-on-fire (Post 1429860)

This thing is not going to be settled for years.

Originally Posted by txbusdriver (Post 1429842)

JetBlue's interpretation of back pay is going to be waaaay different then FNG's. According to rumors JB thinks it only owes 2 years of back pay. The arbitrator shall rule and we shall see.

Originally Posted by FNG320 (Post 1429666)

All of this can be done in just a few weeks if sufficient numbers of people are used to do it. Thus it will cost $$$$$ for JetBlue to do it in a timely fashion. Remember, all of the data is in the JetBlue comptuers. It only takes changing the pay scales and reprocessing the pay.

Yes, JetBlue will delay, delay, delay (JetBlue Standard) and plead that they need time. However, if they just pay the money to hire the necessary people it can be done within weeks for all pilots in 3A.

Just my opinion......

FNG

Originally Posted by hair-on-fire (Post 1429860)

This thing is not going to be settled for years.

Originally Posted by txbusdriver (Post 1430314)

According to the Rob, no ones compensation will be changed until 3 A is settled. Better hope that doesn't take years. The Rob seems to think they can still change compensation by the end of the year so he must see a settlement as eminent. This according to his call today.

Originally Posted by hair-on-fire (Post 1430343)

Missed the call. Anything else interesting? Based on his previous comments that he was going to go after the 3A pilots for legal fees after JetBlue won the arbitration, I'd like to know if he's going to reimburse JetBlue the 4 million he spent trying to keep the pilots from arbitrating.