Airline Pilot Central Forums - What are "prevailing equities"

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- - What are "prevailing equities" (https://www.airlinepilotforums.com/mergers-acquisitions/32895-what-prevailing-equities.html)

Quote:

Originally Posted by Scoop (Post 492609)

Carl,
Eric did ask for the "college level" answer.:)
Anyway as you very wisely said earlier - it is water under the bridge, the payrates are what they are. But since most of us are making less than 250K we will all be getting our big Obama promised taxcut.:rolleyes:

Scoop - waiting for the "Oh yeah, about that tax cut..."

Can't people actually make over the $250k with the green slip pick up method? I don't know because I actually am naive about that.

All you have to do is look at our debt to see that no one should be getting a tax cut :(

Quote:

Originally Posted by Scoop (Post 492609)

But since most of us are making less than 250K we will all be getting our big Obama promised taxcut.:rolleyes:

Scoop - waiting for the "Oh yeah, about that tax cut..."

Wait...are you saying that the Messiah won't keep that promise?

You...youuuuu...blasphemer!

Atheist!

Carl - working my way up to High School answers

Quote:

Originally Posted by Eric Stratton (Post 492638)

All you had to say is was, "we wanted to keep their pay down so that it wouldn't look like they were bringing quality jobs over. That way we could do better in the SLI."

Quote:

Originally Posted by Eric Stratton (Post 492638)

By the way, are you trying to say that the number of airplanes you have helps determines it's pay rate?

I think the point he was trying to make is that NWA brought 61 "super premium" widebodies out of a fleet of 316 to the dance. Delta brought 268 of 444 aircraft that paid the same or better than those "super premium" aircraft. NWA also brought the 58-68 lowest paying aircraft jobs. While airframes alone don't determine pilot job value (pilot block hours on those airframes is a better read) it's all part of the SLI argument.

Quote:

Originally Posted by Carl Spackler (Post 492574)

Wiggy,

Remember Shakespeare's great saying: "Brevity is the soul of wit"?

Try learning to say more with less.

Carl

I think he said it just right.

Quote:

Originally Posted by Eric Stratton (Post 492638)

All you had to say is was, "we wanted to keep their pay down so that it wouldn't look like they were bringing quality jobs over. That way we could do better in the SLI."

Have you forgotten the non prejudicial agreement where both MEC's agreed that post JCBA payrates would not be used for ranking aircraft?

Quote:

Originally Posted by Eric Stratton (Post 492644)

All you have to do is look at our debt to see that no one should be getting a tax cut :(

Ok, last time. Cut marginal tax rates, raise revenues. Works every time. The only way to reduce our debt is to limit spending and grow our way out of it.

Raise taxes, reduce revenue. Works every time.

[quote=Eric Stratton;492644]Can't people actually make over the $250k with the green slip pick up method? I don't know because I actually am naive about that.

Eric,
Yeah, probably, if they have no life outside flying. Which is why I said "most of us make less than...."

Scoop

Quote:

Originally Posted by Scoop (Post 492609)

Carl,
Eric did ask for the "college level" answer.:)
Anyway as you very wisely said earlier - it is water under the bridge, the payrates are what they are. But since most of us are making less than 250K we will all be getting our big Obama promised taxcut.:rolleyes:

Scoop - waiting for the "Oh yeah, about that tax cut..."

I also think the "college level" answer also requires the use of the [Enter] key after every four sentences, or so.

Seperate paragraphs = A's.
One big lump of words = F's (and migraines for its readers) :eek:

Quote:

Originally Posted by Reroute (Post 492669)

Have you forgotten the non prejudicial agreement where both MEC's agreed that post JCBA payrates would not be used for ranking aircraft?

Then there's still the question as to why you would have two different payscales under new delta?

If people don't know other than "that's what was negotiated", that's fine.

Quote:

Originally Posted by slowplay (Post 492666)

As was stated above, the SLI process is supposed to be about the pre-merger jobs each group brought to the table. There was a "no prejudice" letter signed by the NWA and DAL MEC leaderships as part of the SLI process agreement that prevented each side from arguing that the JCBA rates were what they brought. NWA's SLI team tried (and failed) to violate that concept early in the arbitration.

Hey, if you ain't cheating, you ain't trying.... :D

I think the point he was trying to make is that NWA brought 61 "super premium" widebodies out of a fleet of 316 to the dance. Delta brought 268 of 444 aircraft that paid the same or better than those "super premium" aircraft. NWA also brought the 58-68 lowest paying aircraft jobs. While airframes alone don't determine pilot job value (pilot block hours on those airframes is a better read) it's all part of the SLI argument.

slowplay,

I know what both sides brought but the question is why under the new contract is a larger airplane getting paid less than a smaller one. This isn't to rip on delta or anything. It just seem bizarre and was wondering if there was actually a reason.

On another note, alot of people bring up the fact that nwa's planes payed less than delta's. Both of you were working under concessionary contracts. Delta got rid of the pension and nwa froze theirs. I've heard that is part of the reason they had lower pay because some of it was going to pay for the pension. Has either side said what the total cost was for each pilot group when the entire contract is included?