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Old 10-06-2008 | 07:00 PM
  #71  
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Originally Posted by tpersuit
Actually I think it would be 3.75, because that would always equal the maximum days you can possible work. Minimum days off is 11 days, which equals 19 days of work. Since our minimum monthly guarantee is 75 hours, 75/19 =3.9 hrs/day. Anymore days off in the line would raise the minimum day pay. Everything is mostly built around that 3.75 number. The 2 hours a day pay you refer to is part of the trip, which when mixed in with every other day for the month has to get raised to 75 hours minimum anyways. Its there to prevent getting paid more than the 15 hour 4-day max that they have to give you if your 4-day has less than 15 hours of credit.

Incorrect again. The company has a match plan and a contribution plan. This is huge mistake pilots don't realize. The match is 4%-6%, depending on longevity, at 100% of what 4-6% you put in. Then, the company also contributes an additional amount to your 401K that has no bearing on what you put in. It is a 2.5% contribution and goes up to 6% for people more senior. 20 year senority equals you putting in 6%, company matches 6% and then gives you another 6% = 18% total that goes into your 401K. It's called a A Plan and B Plan. Re-read that part of the contract.
I missed the part about the defined contribution (B plan), I thought you were saying that they were matching you to 6.5% - my fault, I didn't catch that you were adding them up. That being said we don't have an "A plan". An a plan is a defined benefit plan, a pension in other words.

As far as the duty period minimum goes it's not 3.75 for day. We're talking about minimum pay per day and you can have less than 3.75, I know in the last 4 years I've had a lot of days paid less than that, I"ll show you my pay register. I get what you're saying about getting to min guarantee but thats not a duty rig or even a DPM, thats just how they come up with the number. It also doesn't work if you trade trips to a lower value, you aren't protected to 3.75/day. If you just divide minimum guarantee by the amount of days one works if they have minimum days off you're going to come up with that for pretty much every airline. You're pretty much just saying our guarantee is 75:00 and we had a minimum of 11 days off which is true - but it's not a DPM or a trip-rig or a duty rig.

If I have a 4 day with 1 leg on the first day worth 1:30 and then every other day is worth 6:00 I'm only going to get 20:00 for the trip. If we had a minimum 3.75 per/duty period rule in there I would get 21:45 - but we don't. Or lets say you fly a 2 day (that you did not pick up on days off) with day 1 worth 2:00 and day 2 worth 7:30. You're going to get 9:30, if we had that 3.75 DPM you'd be getting 11:15, and that once again does not happen.

In any event, it's not a duty rig, it's a DPM. A rig would be a ratio saying if you're on duty for X hours you get Y pay. We don't have that, we just have minimums that are too low.

Good catch on the B-plan though.

Last edited by ERJFO; 10-07-2008 at 07:25 AM.
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Old 10-06-2008 | 07:23 PM
  #72  
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Originally Posted by newarkblows
vote no raise the bar = xjt going out of business and another lower paying & lower qol regional gladly picking up the flying
This isn't totally true... I highly doubt we would go straight into CH 7.
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Old 10-06-2008 | 08:45 PM
  #73  
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Originally Posted by ERJFO
This isn't totally true... I highly doubt we would go straight into CH 7.
That call would be for the BOD/shareholders.
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Old 10-06-2008 | 08:46 PM
  #74  
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Originally Posted by tpersuit
Yeah and that stand should have been at Republic, Skywest, and Colgan management not to come in with cheaper labor to do the work. Thus, forcing our management to sign a crappy deal. Cue the excuses.
Oh yes it is skywests' fault.

You wouldn't be taking a paycut had you allowed the skywest buyout.
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Old 10-06-2008 | 09:02 PM
  #75  
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Originally Posted by Slaphappy
Oh yes it is skywests' fault.

You wouldn't be taking a paycut had you allowed the skywest buyout.
The buyout was contingent on XJT pilots taking a 12-16% pay cut along with the removal of the scope clause and Holding Letter.

Not to mention the shut down of the charter and furlough of 700 pilots.

There is other stuff if you care for me to reiterate them again.

Last edited by Nevets; 10-06-2008 at 09:09 PM.
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Old 10-06-2008 | 10:14 PM
  #76  
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Originally Posted by newarkblows
vote no raise the bar = xjt going out of business and another lower paying & lower qol regional gladly picking up the flying

fellow pilots at other companies have not left us a choice or a leg to stand on. We have to be more competitive with cheaper airlines. We all knew we couldnt keep industry leading pay and work rules while other airlines were gladly accepting 1 or 2% raises yr over yr (not even keeping up with inflation) and getting overides to fly larger equipment??? As long as places LIKE colgan exist and their pilots have no problem with flying larger and larger equipment for less and less and have no clue what work rules at a 121 carrier should be... this is going to be a recurring theme for regional airlines. Survival of the crappiest pay and work rules.

There is an unstoppable flow of new, niave, and ignorant pilots who will fly whatever you want for whatever you want to pay as long as your willing to give them a shot. We all have to start somewhere but theres a right way and a wrong way to do it.
Another XJet guy shooting his mouth off. It is people like you why so many have problems with the attitudes of some at XJet.

Yes, we know you are the best and other airlines are to blame for your problems.

It is BUSINESS!!!! Any company in any business will ALWAYS try and outbid another company for business. You are crazy to think and airline will not try and grow with more flying to not hurt another airline and their flying.

Is the problem other airlines working for "less" or the fact you work for a company that operates 50 seat jets in the age of record fuel. Maybe you should blame to CAL pilots and their scope? Maybe you should blame your mgmt for locking in so much of your furure with CAL who has the 50 seat scope. 50 seat jets are a dying breed, has nothing to do with other airlines.
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Old 10-06-2008 | 11:05 PM
  #77  
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Originally Posted by Nevets
That call would be for the BOD/shareholders.
A call they would make...
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Old 10-06-2008 | 11:21 PM
  #78  
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Originally Posted by ERJFO
A call they would make...
Well, keep in mind that most of our stock is probably owned by hedge funds. If they feel that its a losing proposition, they may want to just shut it down and cash out.
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Old 10-07-2008 | 02:51 AM
  #79  
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Originally Posted by Nevets
Well, keep in mind that most of our stock is probably owned by hedge funds. If they feel that its a losing proposition, they may want to just shut it down and cash out.
I'm not sure I understand the "cash out" comment. There is not "cashing out". Usually in a chapter 7 the shareholders get wiped out completely, shareholders usually get wiped out completely in chapter 11 too. The money goes to the creditors depending on their position, guys that are "secured" get the largest pieces of the pie.

The investors know that the assets are only worth a fraction of what they're on the balance sheet for. There company probably isn't worth enough to satisfy the creditors right now...

Last edited by ERJFO; 10-07-2008 at 03:00 AM.
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Old 10-07-2008 | 06:20 AM
  #80  
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Originally Posted by ERJFO
Or lets say you fly a 2 day (that you did not pick up on days off) with day 1 worth 2:00 and day 2 worth 7:30. You're going to get 9:30, if we had that 3.75 DPM you'd be getting 11:15, and that once again does not happen.
A bit of fuzzy math there: a 2-day trip at a 3:45 DPM is 7:30 not 11:15. But as you said at XJT you would get 9:30 of pay for that 2-day trip.
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