Quote:
Originally Posted by publicphone
-10 year duration
5 year amendment round must be cost neutral
-Fleet Guarantee includes 130 aircraft
-Pay Increases of 1% per year wage increase
-$10,000 Signing Bonus
-Eliminate Profit Sharing
-Pay Caps:
12/4 caps apply beginning with delivery of first EMB-175
Relief on caps if AA fails to flow through minimum number of pilots
-Per Diem increases:
Jan 1, 2015- $1.85
Jan 1, 2019- $1.90
Jan 1, 2021-$1.95
-Medical Contributions will increases:
2015-31%
2016-32%
2017-33%
2018-34%
2019-35%
-Flow Through:
824: Flow through minimum increased to 30 per month
Protected Pilots: Minimum raised to increase to 50% of AA classes
Pilots Hired after October, 2011 will have flow through rights
Well, the feeble pay raises will be more then canceled by insurance premium increases. Still has B-scale. The remaining 400 or so 824's go in the next 12 months (provided AA is running classes). The PP's get 50% (again, provided AA is running classes). 5 cent per diem increases ? ........please. Signing bonus is heavily taxed and only for first year income. Flying new, larger aircraft for essentially less.
Boy.......if this is the offer, it doesn't seem much different then the past one and is essentially empty of meaningful improvements. Of course, I understand many more are frightened, so perhaps it's time to give in ?
Good luck.