Jetblue "3A" decision.

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Quote: I think you have your numbers way off.

$30-$50 million would be the answer if they had settled back in 2009 when 3A was first submitted (200-250 pilots). However, with nearly 1000 pilots (2/3rds of them Captains) the number is much much bigger. Even if you apply the smallest possible interpertiation you get closer to $80-100 million in back pay. If you take a more agressive interpretation of 3A you get upwards of $120-180 million. That doesn't even include any potential penalty.

We will see in the next few weeks, but it will be a big number any way you look at it. Plus, Neeleman lost his job for just a $40 million mistake. Barger, RM and Hnat all should lose their jobs on this one as this was INTENTIONAL on thier part.

Just my opinion......

FNG

That would be epic!
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Quote: I think you have your numbers way off.

$30-$50 million would be the answer if they had settled back in 2009 when 3A was first submitted (200-250 pilots). However, with nearly 1000 pilots (2/3rds of them Captains) the number is much much bigger. Even if you apply the smallest possible interpertiation you get closer to $80-100 million in back pay. If you take a more agressive interpretation of 3A you get upwards of $120-180 million. That doesn't even include any potential penalty.

We will see in the next few weeks, but it will be a big number any way you look at it. Plus, Neeleman lost his job for just a $40 million mistake. Barger, RM and Hnat all should lose their jobs on this one as this was INTENTIONAL on thier part.

Just my opinion......

FNG
After doing more research I agree with you my numbers where way off.
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Quote: After doing more research I agree with you my numbers where way off.

JetBlue's interpretation of back pay is going to be waaaay different then FNG's. According to rumors JB thinks it only owes 2 years of back pay. The arbitrator shall rule and we shall see.
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This thing is not going to be settled for years.
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Quote: This thing is not going to be settled for years.
It's taken almost 4 years so far but now the arbitrator has ruled. Months maybe, years I don't think. But then again nothing will surprise me from bluejet managment.
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Quote: JetBlue's interpretation of back pay is going to be waaaay different then FNG's. According to rumors JB thinks it only owes 2 years of back pay. The arbitrator shall rule and we shall see.
Exactly lets see what happens on the 25th before we speculate.
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Quote: All of this can be done in just a few weeks if sufficient numbers of people are used to do it. Thus it will cost $$$$$ for JetBlue to do it in a timely fashion. Remember, all of the data is in the JetBlue comptuers. It only takes changing the pay scales and reprocessing the pay.

Yes, JetBlue will delay, delay, delay (JetBlue Standard) and plead that they need time. However, if they just pay the money to hire the necessary people it can be done within weeks for all pilots in 3A.

Just my opinion......

FNG
Yeah! Fire Barger! Maybe we can get Tilton or Horton!
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Quote: This thing is not going to be settled for years.
According to the Rob, no ones compensation will be changed until 3 A is settled. Better hope that doesn't take years. The Rob seems to think they can still change compensation by the end of the year so he must see a settlement as eminent. This according to his call today.
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Quote: According to the Rob, no ones compensation will be changed until 3 A is settled. Better hope that doesn't take years. The Rob seems to think they can still change compensation by the end of the year so he must see a settlement as eminent. This according to his call today.
Missed the call. Anything else interesting? Based on his previous comments that he was going to go after the 3A pilots for legal fees after JetBlue won the arbitration, I'd like to know if he's going to reimburse JetBlue the 4 million he spent trying to keep the pilots from arbitrating.
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Quote: Missed the call. Anything else interesting? Based on his previous comments that he was going to go after the 3A pilots for legal fees after JetBlue won the arbitration, I'd like to know if he's going to reimburse JetBlue the 4 million he spent trying to keep the pilots from arbitrating.
Lots of good stuff. Try to listen to the podcast, Marooster ain't happy! The PVC is about to get spanked for their transparency. Managment doesn't like it when they can no longer control the message.
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