I could finally bring my parrot, eye patch and peg leg to work! Arrghhh!

 

Why are the lawsuits being brought up? Has anyone stopped to think about whats really going on? Colgan isn't making money, plain and simple. Why else would mgmt be in talks with Unitacon? They need to get the Q rates to a place where they are profitable. Phildo underbid those planes so bad that they are virtually losing money every time they fly. This is hardly a scare tactic until mgmt comes out and publishes it. Until then its a rumor by definition. Guys, the bottom line is this, Pinnacle is in trouble and its time to face the realities of not what will happen, but what could happen. The Q's and Saabs aren't making enough money for the company, the 900's of 9E and the Q's are assets and assets can be liquidated. If we go bankrupt they could disappear and if the company shows enough cause then and out of senority furlough is a real possibility. ALPA can do all they want but a judge has the final say. I hope it doesnt come to that, but it could. If this was all a scam our stock price wouldnt be under a dollar. Anything can happen.

 

If things are really that effed up here 5% wont fix it.

 

UAL still does not have a joint contract. Continental scope barred any aircraft on the certificate (no matter who you operated them for) with over 50 seats. American has the same restriction, for now. If the Continental pilots prevail and keep their 50 seat scope in the joint UAL contract then the 900s will not be able to be on the same certificate as the Q400. Because these aircraft came in under the Continental contract and are operated in Continetal hubs they cannot be on the same certificate as the 900s for now until UAL has a joint CBA with new scope.

Continenal, United, Delta, and American scope apply to any aircraft on a certificate. The only airline that does not care what you fly for anybody else on the certificate is US Airways.

What is probably going to happen, however, is United management will prevail and United scope will be the scope in the new contract for UAL. Continental management has tried (and failed) to get rid of the 50 seat restriction for years.

 

The 5% isn't going to make or break the company. It is, however, a way of showing the bigger and more important parties that each group that has a stake in the game is taking a cut.

 

I agree 100%. Don't take this to the bank, but I've had numerous conversations, or interogations rather, with a handful of the reps here at 9E and they're telling me its not a straight up 5% paycut up front. My understanding is that they are trying to achieve a 5% cut on overall labor expenses and the MEC is trying to find the least invasive ways of doing so. I may be wrong, but I dont see it as a 5% hourly wage cut, hence why renegotiating section 24 has become a concentration.

 

I agree. I think the 5% may be part of any deal with Delta or Ucal

 

I've thought all along that the 5% has little to do with cost savings but is directed at other "stakeholders" so managment can say the employees (i.e. pilots) are taking pay cuts and making an investment in the company.

 

Consider this. If you take a 5% paycut, once you enter bankruptcy and it's time to cut your rates again, the judge isn't going to take into consideration your pre-5% cut rates, he's going to cut further from your pay rate at the time bankruptcy is filed. The 5% won't matter.

Nothing good can come from taking a paycut. It will not save the company from bankruptcy no matter how loud they cry that it will.

 

Very true but it is also looking more like people stated above.

Trying to make it look like we all play ball thus getting the mainline mgmt to agree to our new terms. Again all of it is complete BS to begin with but the situation is peculiar. Like some are saying listen to all the information first. It seems the bankruptcy is their scare tactic towards UCAL, if you dont give us our options we will park EVERYTHING in IAH and EWR leaving you a nice big hole to fill. It seems like if we can get mlre money out of UCAL and Daddy D it wont get to the BK point. All remains to be seen and is a Charlie Foxtrot whichever way you look at it.