Colgan Class Canceled
03-07-2012 | 02:08 PM
#62
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BTW - I am not advocating a cut. I think thats where they started because that's what the Mesaba agreement finally ended up. However do not forget, management won the court battle. They had a final term sheet they could have imposed which was much more painful than what the final agreement was.
I really believe that we're being driven towards bankruptcy but I think management wants the employee groups to be the blame. Everything becomes open to change in bankruptcy. Guarantee, min day, per deim, work rules, vacation, schedule software, PBS.
OK maybe not out of seniority furlough but if you find yourself needing to pay a lot of money for training after a large fleet reduction - there is some ground to stand on. But I'm not arguing.
Something else to keep in mind...the Mesaba bankruptcy the company didn't own any of the aircraft, Northwest did. Pinnacle owns the ATL 900's and the Q's (sorry I don't know about the SAAB's). I find it unlikely that Pinnacle will **** off a client that provides 75% of the money we earn. So its possible that those may operate at a loss just to keep Delta happy.
The Q's are operated for UCAL but not owned. The number of Q's can't be replaced easily or quickly. With service disruptions, costs, certification issues, and just growing pains it may just be easier for UCAL to pay a little more. Then again the airline industry isn't about easy or making sense.
I don't want a cut nor am I supporting one here. There are positive and negatives to both sides of the coin. In Bankruptcy - only the lawyers make money.
03-07-2012 | 02:40 PM
#63
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03-07-2012 | 03:33 PM
#64
You scratched my anchor
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Word from an ALPA pizza lunch.... ALPA offered the company $14 million in savings, and the company wanted the 5% paycut which would give them another $9 million in savings. As far as Tom Wychore sees it, he expects a bankruptcy filing within the next 1-2 weeks. Furloughing out of seniority order would take a 13E ( for Emergency) filing.. And the agreement of the judge that this is the only way to avoid liquidation.. This has only been allowed once. If we keep the Q's and lose only the Saabs through an orderly wind down, the union thinks that we can avoid furloughs.
As for the Delta ASA's, they apparently are safe, unless Pinnacle is dumb enough to ask Delta to renogiate the contracts in bankruptcy.
As for the class cancellations, the word we heard is that there is such a backup in training that they don't want to bring anyone else in, until they get the transition training completed.
As for the Delta ASA's, they apparently are safe, unless Pinnacle is dumb enough to ask Delta to renogiate the contracts in bankruptcy.
As for the class cancellations, the word we heard is that there is such a backup in training that they don't want to bring anyone else in, until they get the transition training completed.
03-08-2012 | 01:30 PM
#65
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Joined: Mar 2007
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Word from an ALPA pizza lunch.... ALPA offered the company $14 million in savings, and the company wanted the 5% paycut which would give them another $9 million in savings. As far as Tom Wychore sees it, he expects a bankruptcy filing within the next 1-2 weeks. Furloughing out of seniority order would take a 13E ( for Emergency) filing.. And the agreement of the judge that this is the only way to avoid liquidation.. This has only been allowed once. If we keep the Q's and lose only the Saabs through an orderly wind down, the union thinks that we can avoid furloughs.
As for the Delta ASA's, they apparently are safe, unless Pinnacle is dumb enough to ask Delta to renogiate the contracts in bankruptcy.
As for the class cancellations, the word we heard is that there is such a backup in training that they don't want to bring anyone else in, until they get the transition training completed.
As for the Delta ASA's, they apparently are safe, unless Pinnacle is dumb enough to ask Delta to renogiate the contracts in bankruptcy.
As for the class cancellations, the word we heard is that there is such a backup in training that they don't want to bring anyone else in, until they get the transition training completed.
03-08-2012 | 01:42 PM
#66
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Joined: May 2006
Posts: 533
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From: CA
Word from an ALPA pizza lunch.... ALPA offered the company $14 million in savings, and the company wanted the 5% paycut which would give them another $9 million in savings. As far as Tom Wychore sees it, he expects a bankruptcy filing within the next 1-2 weeks. Furloughing out of seniority order would take a 13E ( for Emergency) filing.. And the agreement of the judge that this is the only way to avoid liquidation.. This has only been allowed once. If we keep the Q's and lose only the Saabs through an orderly wind down, the union thinks that we can avoid furloughs.
As for the Delta ASA's, they apparently are safe, unless Pinnacle is dumb enough to ask Delta to renogiate the contracts in bankruptcy.
As for the class cancellations, the word we heard is that there is such a backup in training that they don't want to bring anyone else in, until they get the transition training completed.
As for the Delta ASA's, they apparently are safe, unless Pinnacle is dumb enough to ask Delta to renogiate the contracts in bankruptcy.
As for the class cancellations, the word we heard is that there is such a backup in training that they don't want to bring anyone else in, until they get the transition training completed.
Heard the same thing from a buddy today on the Mesaba side of things. He is in recurrent this week.
03-08-2012 | 04:43 PM
#67
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buddy of mine works for an investment company, told me he had a talk with someone who works at PNCL, and they will file next week, paper work for 11 is already prepared. Said the entire Colgan part is being dismantled.
03-08-2012 | 04:55 PM
#68
On Reserve
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From: Crj 200 FO
WingnutXJ.
03-08-2012 | 05:12 PM
#69
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Joined: Mar 2006
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From: KCCO
Johnstown's commuter planes to be retired » Archive » The Tribune Democrat, Johnstown, PA
Interesting. I can't find a word about the announcement the article mentions, though.
Interesting. I can't find a word about the announcement the article mentions, though.
03-08-2012 | 05:26 PM
#70
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I believe this could be classified as insider trading. The union lunch was yesterday. Tom was pretty well set in his theory of bk by april 1. The MEC lawyer Jane seems pretty confident too about the filing. All the doom and gloom about 9L ops aren't as bad. Saabs will be gone, but Q's should stay. April 2 is the next deadline for most things coming up (UA contract ammendment date deadline).
WingnutXJ.
WingnutXJ.
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