Ask yourself how many airline contracts in the last 20 years have been signed with full retro pay.

Its nice to shoot for the moon, even if it just helps you get over the fence.

Thats already been done in the past with the wet lease payment. Simple take what everybodys awarded line credit hours and thier pay rate and pay them. Any money paid as retro, signing bonus should go to the pilots period.

Good point but ask yourself how many airlines over the past 20 years could afford it? FDX can afford it without skipping a beat.

Like I said on another thread. It doesn't matter what you call it, retro or bonus, the math is simple, 2yrs X 1000hrs/yr X pick a number, I'm picking $30hr. Kiss. The company should be thrilled with this. Crunch what the company has saved in work rules etc. and it would've cost them many times the retro pay. The company needs to pay and it's our job to show them the light.

2 x 1000 x $30 x 4100 = $246,000,000

Yeah, that's going to happen.

Simple then, we just include $246,000,000. in our new pay rates!

I agree with that format of paying the retro pay, however, there is no reason the union should end up with a pot of gold from the retro pay, to potentially be used as a slush fund (no offense to the union guys intended, but negotiated pay for pilots should go to the pilots). It could be adjusted so all pay is paid to the pilots based upon guarantee, so that there is nothing left in the pot after everything is paid out.

That's what I was getting at in the last sentence. Give it to the World Wildlife Fund - just don't let the excess disappear in some nefarious scheme at the MEC. I'd rather it go to feed the homeless than go to people who flew extra during negotiations.

Pipe

I was unable to attend the rally. How'd it go? Crowd size?

Sure, I am totally with you there. Absolutely.

I think it could be whittled down to a matter of a small amount of dollars left over. Then again, I fear the concept of retro pay is only a dream, unfortunately.