Comair updates?
10-02-2012 | 10:58 AM
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From: Pilot
By the way. I saw on here that some recently asked about the refund of the Merger Assessment. I posted an email from the MEC that I received after inquiring directly to him.
The answer was YES the money gets refunded. But, there was a ton of Accounting requirements to be accomplished. A TON.
The best guess is that it would be Christmas at the earliest that we would see the money and that we would get approximately $230 of our $240 paid.
The lost money was spent on the retainer I suppose for the attorney selected. Non refundable. Never used. Just bought the guy a new Lexus. Lawyers always win..... and pilots always???????
The answer was YES the money gets refunded. But, there was a ton of Accounting requirements to be accomplished. A TON.
The best guess is that it would be Christmas at the earliest that we would see the money and that we would get approximately $230 of our $240 paid.
The lost money was spent on the retainer I suppose for the attorney selected. Non refundable. Never used. Just bought the guy a new Lexus. Lawyers always win..... and pilots always???????
I don't see what accounting has to be done that will take so long. There is X amount of money sitting in an account and Y number of pilots that paid into the fund. You take X/Y= how much each pilot gets. Then all that needs to be done is write checks and put them in the mail.
10-02-2012 | 11:30 AM
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From: B757/767
10-02-2012 | 12:06 PM
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From: Right Seat
Not trying to be negative, but the demise of Comair should be a solid example of why no one should try and make a career at a regional. Get your time, then move on to a major. Do not trap yourself in the volatile regional airline industry.
10-02-2012 | 12:56 PM
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From: Baja Vermont
Texaspilot76
Easier said than done! The problem came when everyone's progress slowed to a stop. If you are a RJ CA, making good money, good schedule and there is just about no hiring and no progress where there is hiring, how can someone justify the huge hit in salary and schedule to move? Also, moving to the ME isn't all that easy, either.
I read loads of resumes from senior RJ pilots looking to move to corporates, few are competitive.
GF
Easier said than done! The problem came when everyone's progress slowed to a stop. If you are a RJ CA, making good money, good schedule and there is just about no hiring and no progress where there is hiring, how can someone justify the huge hit in salary and schedule to move? Also, moving to the ME isn't all that easy, either.
I read loads of resumes from senior RJ pilots looking to move to corporates, few are competitive.
GF
10-02-2012 | 01:02 PM
Gets Weekends Off
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From: Right Seat
Texaspilot76
Easier said than done! The problem came when everyone's progress slowed to a stop. If you are a RJ CA, making good money, good schedule and there is just about no hiring and no progress where there is hiring, how can someone justify the huge hit in salary and schedule to move? Also, moving to the ME isn't all that easy, either.
I read loads of resumes from senior RJ pilots looking to move to corporates, few are competitive.
GF
Easier said than done! The problem came when everyone's progress slowed to a stop. If you are a RJ CA, making good money, good schedule and there is just about no hiring and no progress where there is hiring, how can someone justify the huge hit in salary and schedule to move? Also, moving to the ME isn't all that easy, either.
I read loads of resumes from senior RJ pilots looking to move to corporates, few are competitive.
GF
10-02-2012 | 02:12 PM
I have shiny jet syndrome
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From: ELACS, FACs and SECs. Who doesn't love 'em?
Braniff, PanAm, TWA, Eastern -- gone. Less than a decade ago, Delta was near liquidation and would have been unable to meet payroll had it not filed bankruptcy. Northwest filed the same day. United and USAirways both have been through the bankruptcy process more than once in recent history. AA is in bankruptcy now and its future is uncertain -- will they remain stand alone? Will the be bought out or merger with USAirways? Will they liquidate?
Delta's sitting pretty right about now. Will they be in 5 years? Hopefully, but you never know. Hypothetically, if they start to go down the tubes and head towards bankruptcy, should pilots start bailing from Delta and head to another major that is doing better? Should AA pilots be going to UCAL right now or Delta when they start hiring?
On the corporate side, flight departments come and go on a whim. Fractionals for the most part are struggling and have furloughed loads of pilots in the past several years.
Just because you move to a major airline does not make you any more secure in your career than being at a regional at the end of the day. There is no such thing as a secure job in this industry. This entire career is a gamble. If you've found a "secure" position, well, good for you. My hat's off to you. But our entire profession is based on an ounce of luck mixed with a dash of good timing.
Last edited by RJtrashPilot; 10-02-2012 at 02:43 PM.
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