During their bankruptcy he was known as being pro employee and being fair with all the employee groups. We'll see how all this plays out, but it's not looking good if they file BK and seek employee paycuts after this.

Are the BOD really that stupid that they believe they can get labor concessions after they elect to give a HUGE raise to a CEO?
Or are they trying to force the company into BK?

The only reason I can see for this if we are headed to Bankruptcy would be their concern that Menke and Spanjers could bail just like Christie. If that is the case, then we are in for real trouble.

Hopefully this was because they have figured a way out of this outside of BK and some good announcements are coming. If that is not the case we are in for a very, very difficult road over the next few months. The lack of a bankruptcy filing so far could be an argument that we are working things out, but we still have two Fridays (most companies file BK on a Friday after the markets close at 4) to get through until April 2. If we get to April 2 with no BK filing then we may be out of the woods. We'll see what happens over the next week and a half, but I'll admit that things don't look very promising right now.

If by "here" you mean Pinnacle/Mesaba/Colgan, no. I'm an OH 9yr FO.

i also agree its b.s. that everyone is asked for paycuts, and or is payed wrongly or not at all...yet these guys take pay advances (on-time) and expect flights to go on time.

me thinks maybe some extra items should be written up, flights delayed, or just a good general overall sick out would be just what the doctor ordered.

Not to mention how much money they spent on hiring the consultants to coach these guys on how to scam us (the unions). I am completely shocked by this but then again it confirms what I thought all along.

Here's a precondition, kiss my @$$

Anyone heard the rumor we recently had some investors buying large percentages of Pcl?

I actually have heard that through my DALPA source. Of course no one would believe it including me but yes I have been told that...But of course there is also that Wayne King dude.

for that much of a raise when he wants 5/7% of mine, they damn well better be bearing gold bullion and 18 year old virgins!

Did any of the mainline tycoons do this before their bankruptcies a decade ago?

Quote:

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Originally Posted by block30 (Post 1155443)

Anyone heard the rumor we recently had some investors buying large percentages of Pcl?

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Yep they own around 7% and want seats on the board.

I am thinking the board wants pncl into bankruptcy to save there seats from new investors. I am also thinking Minke got his raise because he will not get bonus for 2012 if we go bk.

writing may be on the wall

AA CEO got a several million dollar raise after getting pay cuts from his employees. Not sure if it was before or after BK though. And he eventually so kindly gave it back after all the negative press and probably death threats :D

This is what I think...

There were 10 Hub Coordinators throughout the PNCL system in the Hubs. Let's say they average $35,000. This would equal $350,000.

Where did the $350k go now? Oh yeah, to their F'ing packets and some of them on the street.

Get out while you can. F this place.

I figured you came here after 9 years at OH. You're pretty vested in our fight here.

Go fight ASA's fight.

It does send a bad message to the employees. The majors aren't exactly hiring in droves (waiting on the "pilot shortage" indeed) and the Chinese pilot market option only works for those with a current Boeing/Airbus type. Good Luck and hang in there. On the brighter side, the MegaMillions is at $290 million. :cool:

Don't need to... was apart of that and now apart of this one!

Bob Slydell: No. No, of course not. We find it's always better to fire people on a Friday. Studies have statistically shown that there's less chance of an incident if you do it at the end of the week.

Gentleman, lets not fight among ourselves..... we have a bigger problem here with our executives. Lets bond together and send a unified message to Pncl's management and BOD to kiss our rear ends.

And just how do we do that?

OPERATION ORANGE | Protecting the Flying Public & Restoring the Piloting Profession

Oh god, not this silly thing again. How about something tangiable.

A public forum is not the best place to discuss this.

Looks like APU usage might go up...all in the interest of safety and passenger comfort.

Yes I am. Right now Pinnacle is basically where Comair was 5 years ago. So I'm kind of a history teacher, but nobody has to listen.

true. its not a good place to discuss what you're going to do....but an excellent place to discuss you're going to do something about.

Yeah, I get that loose lips sink ships. I'm saying overall, on a grand scale, the bod and these jack holes are still pulling the strings.

Please elaborate.

Just off the top of my head, two of the biggest differences between PNCL and of the late Comair are the fact that we are not a wholly owned subsidiary of a Legacy/Major and our pilot wages are middle of the road. I am certainly not happy with what happened to Comair, but those seem to be two huge factors that affected your company.


Now, we are in a period of financial turmoil, but that is certainly not unique to just these two airlines.

I agree, if we are where Comair was 5 years ago then every Regional is where Comair was 5 years ago. Besides, weren't people happy at Comair 6 years ago? Were people ever happy at 9E?

Don't kid yourself...You guys have long uphill battle with the contract and SLI.

I think the opposite. People need to listen.

Pinnacle isn't exactly where Comair was exactly 5 years ago.

However, Pinnacle pilots are looking at a shifty management team (in-house and in ATL) that think employees have leveraged too much pay for themselves, too many 50-seaters that Delta wants to dump, and competetors willing to do the same flying for cheaper if they can only have your airplanes.

Other than that, we don't have much in common.

I agree....seems like the newest generation of regional guys don't believe or care about factual history. It's all crew room lawyer gossip and "it won't happen to me"

This is outrageous. According to the local newspaper, they received raises because it turns out that the job was harder than SM thought. Hm, as a former CEO of a company that went through bankruptcy, you would think he could recognize that 9E was headed that way. In fact, it would seem that was what he was brought in for.

The CFO is gone and now two very highly paid executives have to shoulder his responsibilities- boo hoo. What about the added responsibilities of all the people that have been laid off over the past few months? Someone is now doing their jobs in addition to their own. How many times have you helped a co-worker or flat out covered for them, simply in the interest of keeping the operation going? Did you ask for a raise? Would you have gotten one if you did?

The audacity required to do this is immesurable. There are people in operational control positions that are on food stamps and yet they ask for concessions to keep the company out of bankruptcy?

They laid off people, some with years of service to the company, with three days notice and no severance. To fund these raises?

Some have mentioned that talent isn't cheap and you have to pay for it in order to keep it. I completely agree. Here's an idea though-why don't you support talent on the front lines? Without those people, you have nothing. I've seen no evidence of talent with regards to SM. What precisely has he done to ensure that the operation continues?

As a former 9E employee, I support you guys. I have many friends still with the company and I am simply appalled at this.

Fight back. Don't take this level of degradation.

I heard that headquarters is currently being wallpapered with the news article about SM's raise. Good. I hope it's true. Everyone needs to know that this is the type of person that's taking money out of your pockets.

Stay strong, guys!

Is there an Occupy Memphis, I'm sure they would eat this up and would love to camp out outside HQ?

I have an 8 man tent and a portable grill... whose bringing the weiners?

Should be an interesting employee conference call if there ever is one...

Yeah no kidding.... I hope 5% comes up again. :rolleyes:

heck yes to that

"Sean, can you tell me why you got a raise while asking us for concessions?"

"I have a contract with the BOD. I had to do it. I cannot break a contract" :rolleyes: