Don't forget after 2014 it's only 1.5%+ per year. How much is inflation? So we get a net pay cut every year after 2014.

Pinnacle could lower compensation significantly, and there would still be a line out the door of guys willing to do it. Silver Airways starts FO's @ 19/hr, and there are plenty of guys who will take the job. As Jonathan Ornstein famously said, "As long as I have resumes on my desk, I'm paying you guys too much."

The future requirement for FO's to have an ATP is the only thing that will put a stop to this. Maybe then pilots will place a higher value on their services than current entry-level airline pilots do?

Best of luck to all you guys @ Pinnacle. Getting your contract gutted in bankruptcy is no fun, nor is being attached to a business model (50 seat jets) that is failing.

Pinnacle doesn't own anything... Maybe a few fax machine, a tug. That's about it, all the Q's and some 900's are going back so there's not much the share holders are going to get.

I was expecting something along the lines of a 10% pay cut across the board, cut in benefits and work rules etc. Did you really expect nothing to change in Bankruptcy?

So this is less of a cut than what I expected... Sorry if that offends you. However that does not mean I am happy about it.

What is me standing up going to do? This is going to happen in one way or the other. I doubt the union will agree to these concessions which is ok but Pinnacle will just go to the judge and get most if not all of these amendments approved. This will happen whether or not we whine about it on internet forums.

You as an individual nothing, however as a group there is a descent chance we could make a difference or at least educate the guys coming into the buisness. This is the only way to provoke change.

Thankfully this is the company shooting for the moon. Hopefully they are proposing way more than what the final outcome will be. For those saying its not that bad, only 2.0% for fo's........you really need to look at the big picture. Sure its 2% off the top of your salary, but your health insurance costs are going to go thru the roof (42% increase in family deductable) and per deim is getting hit 8.8%.

To total that all up in a percentage loss, we are looking at 20%+ and thats JUST salary, health ins and per diem. I'm waaay too lazy to calculate all of the rest of the things we are losing and are now going to cost more.
2.0 salary
10.0 insurance premiums ****guessing**** could be worse
8.8 per deim
= 20.8% and rising

So I guess this should go without saying, dont pick up any open time when our guys are on the street

From what they are saying on MesabaPilots.com and AirlinkPilots.com I would say that you are spot on. People will be jumping ship fast.

Everyone plan a day, drop the plane off at a random airport, leave a note that says "I quit. Ps. Go fukc yourself Menke"

It's averages around 2.3% over the last 10ish years, but it's been as high as 4.1% and as low as 0.1% I think, given the swings in the economy. It's easily found on google. There's a calculator that lets you see the total inflation over any period as well. Did you know that since 2004 inflation has made everything about 21% more expensive? Have the wages for regional pilots gone up anything like that? It just keeps getting worse...