For those with loans, there is always this:

Military College Loan Repayment Program (CLRP)
It can cover up to $65,000 of loans. If I am not mistaken, one could keep his seniority number while enlisted, and (at least when I was in) getting a flight billet was easier for an active duty member than a guy off the street.



(no, I'm not being snotty. Money saved and the GI bill paid for my flight training)

Good idea.

Funny thing is lately one of the title loan companies has been advertizing that it is paying for high school kids to take a personal finance class.

Somebody help me out with this one. Does this mean you would only get paid for 75 hours but might have to fly more? Or that they wouldn't build lines above 75 hours? Seems like that would ultimately require more pilots to make that work (for a given number of flight hours).

What am I missing?

The reason for that clause is the simple fact that part of the agreement between Delta and Pinnacle states that Delta will have the ability to change our total block hours from month to month. Capping the lines to 75 means that either a) there will be a while lot of reserves on a given month out b) there will be no reserves for that given month... Since our guarantee its 75 hours why would the company want some people to have the ability to break guarantee when they can almost do away with pilots going over guarantee... Does that make sense? Typing on my phone doesn't help my thought process...

Yeah since Delta has lots more summer flying for us generally I think we will all see 90 hour lines in the summer and 75 hour lines in the winter. If we didn't have such drastic change in block hours season to season I would think it would be cheaper to furlough more and have everyone fly 90 hours (gotta leave a pad for JM/Ext)

Sounds an AWFUL lot like, furlough out of seniority order to stop the training madness.

Uhh, no. That portion is for future potential mergers. What's it saying is that we need to prevent movement across certificates before we even have an operational integration.

For our 3-way merger, what SHOULD have happened is that even after the ISL, no one should have been able to jump across to another airline for a period of two years. Give it time to getting the airlines integrated first.

2 questions to discuss about the term sheet: one obviously is why is there pay rates (pathetic) in there for 86 seat and 115000 lb planes and second, why is there a q 400 rate still listed?

I'm with whoever said:

They got rid of all the money-losing operations.

We are making money on -200s and XJ-900's... so why do we need any paycuts or concessions?

I mean, I can see if we kept all that other flying then it makes sense for them to ask for paycuts (still rediculous though) but now why?

Because now they can make more money. You can not keep giving 40%+ to management if we do not take a pay cut.

I dont see Spanjers taking a pay cut...

Funny you should say that.........:):)


Working on graduation seminars on campus to start over the next year.

And if your spouse has cancer and your struggling to pay the bills, then what? What should I say? "sorry honey, we cant afford that treatment because guys at work will think I am a scab".

You should find a job or three at HOME that keeps you by her side EVERY NIGHT. I don't care if its cleaning pig pens. I think you're just trying to make a point, but I wouldn't leave my wife at home to travel around the country if that were the situation. Your spouse is more important than your flying job. Poor argument.

I didn't know we were striking. :confused:

I rarely picked up open time, I value my time away from work. However I never did when we were furloughing or downgrading. With that said, I would much rather see someone picking up the open time rather than getting it forced upon a person via jr man or extension. The company will do that before they bring back 2 furloughs to cover 100 hours of open time. I had a dude yell at me for picking up open time on my 33 flight hour/75 credit hour CDO schedule, meanwhile he's bidding max working 95 hours. Now who's helping the company if he's working more than I am? especially if I can pick up 1 2 day trip and still work 45-50 hours less but make more than him....Don't work harder, work smarter.
rant over :).

If you cross a picket line, a scab is a scab. The reasons why do not matter. But if you are referring to picking up open time while guys are on the street, that is not being a scab. Its in poor taste, but nothing to get a scab label over.

I'm top 45 in DTW and have been called 3 times in the last 8 days for junior assignments, at least thats what their messages said ;)

Furloughing why?

Maybe you are on every Captain's "fly with" list cause of your good looks and charming personality?

Opps ... Nevermind. I'm not making any sense.

Called three times for JMs?! Wow! I haven't heard a peep. (at least as far as Junior Manning goes..)

Got called last week for a junior assignment ,,, remember guys the flying were loosing is colgan, not pinnacle, we were still short staffed when the furlough came out on the 9E side, and it's only worse with the bottom guys leaving for skywest and other regionals etc. The Colgan guys will take Months to train on the jet, If I am still here in the summer I am sure it will be pretty rough with the junior assignments

The judge today ruled that delta is allowed to be our dip with 74 mil. This is more important than people realize without it we may have shut down

Damn, I was hoping we would shut down and it would make it a lot easier to leave this POS airline.

If you want out so bad, whats so hard about walking out the door? Nobody's stopping you, might even save a furlough who wants to work.

I love when people say shut it down or let it burn to the ground, they are so full of crap. Must be nice not to have to worry about money

+1. Thank you for saying that. It's not difficult to turn in 2 weeks notice.

They probably don't even own the keyboard they're typing on.

Of course, and management realizes that when they see the "99%" stickers or the "STFD" stickers.

I am sure they can look at how many pilots have there whole family covered under the companys health insurance and figure these employees aren't just going to quit. I agree I wish I had enough money to just walk but the reality is I don't. And if you want to go work for Home Depot great just leave.

I agree on the importance of Delta being DIP but it really doesn't have much to do with liquidity of 9E. That was never going to happen. It's much deeper than that.

You really gonna leave us hangin like that?

I'm guessing what vtx is saying is akin to what I am feeling: this whole thing has me frustrated, confused, and nervous with some big questions to answer.

The lifers will stay: too much invested to leave. The newish guys won't take too much of a seniority hit going to another regional. Those two groups pretty much have the decision made for them by forces beyond their control. The furloughees have no decision, they gotta go somewhere else.

We in the middle have some tough decisions to make. Do we try to ride it out? After all, we will still have a job, but how good? Do we quit and throw away what seniority we have?

Having the company go Ch. 7 would render these questions moot, and we would know which path to take. That's why some of us say burn it down.

But you are right, it is mostly just blowing off steam, just like saying "I could kill my ex-wife."

GLA

MB,

Oh, there's no secret involved. Delta is making the same play that NWA did to Mesaba in '05. Withhold payments that would exacerbate a bankruptcy filing in front of mainline agreements.

It's a win-win, again, for them. Dangle attractive terms for 50% +1 of the mainline guys and kick the JCBA of the regional back to the stone age before adding more capacity / seats with further scope relaxation.

You guys notice the extension on the submission of the 1113 filing yesterday?

As soon Delta was named DIP, any thought of this airline liquidating should have been out of mind. Does anybody really believe that any airline executive is going to negotiate terms at a loss as Trenary did in regard to Colgan's flying without a purpose? Most of the costing is fixed. Regardless of the fluidity of the non-fixed cost items, regional budgets are extraordinarily easy. (I have an MBA. I've done them countless times.......just without the inside info for 100% accuracy.)

These decisions are orchestrated a couple years in advance yet only seem to be "new" to most that don't follow closely. (Not to put anyone down but the 10k filings, understanding the non-GAAP accounting costing, investments with corporate bonds, etc. is not everyone's cup of tea....and understandably so.)

University of Phoenix?

Negative.........

I have A MBA?!? Better? Damn keyboards..... :)

I think you were right the first time...

On another note, and forgive me if this has been beaten to death before, how are the Colgan folks doing?

FlyJSH is correct.. The top 20% will mostly stick around til the doors shut, the bottom 20% are being furloughed, so they don't have a choice. The other 60% of junior CA's and senior FO's are stuck for now... As the old saying goes, "Men are only as faithful as their options", and nobody is hiring this year in meaningful numbers and without a good hookup. The only choice is to stick around and suck it up.

Lol (note my sarcasm) won the lottery. Thank god the left seats are fenced. Should have fenced the right seat as well. They're entire airline will be gone, but guys hired 5 years after me are senior to me. They will be A okay.

Thanks, remember, seat belt flat and tight around the waist...