You’re not being asked to donate money to a company. You’re being asked to pay a ransom to “possibly” keep yourself or a union brother employed or not downgraded for a year. Your reaction depends on if you think the ransom demand is credible, and/or if you think the possible benefit to you justifies paying the ransom.

For most people commenting, it seems the ransom demand isn’t credible, I.e. the furlough threat is either hollow or inevitable even by paying the ransom. For others, they don’t think the potential benefit justifies the cost.

 

We’re being asked to sacrifice to pad the interests of the shareholders, according to GK.

 

Shareholders don't put food on my table. I don't give a crap what their dividend or rate of return is. Nor do I care if we ever do stock buy backs again.

Don't tout your warchest size to me and beg for 10% concessions when you don't need it. Not falling for it.

 

100%

As they say, believe what a person does, not what they say. But in GK’s case, he has both said what’s important to him AND done what’s important to him.

It’s all about the shareholders and the stock price.

The entire “savings” of the 10% for all SWA unionized employees represents $500M. Never, ever forget that GK bought back $10 BILLION worth of SWA shares since 2014 and turned down $7.5 BILLION worth of government loans in the last month because doing so would’ve prevented future buybacks and dividends until the loans were repaid. That’s a total of $17.5 BILLION that SWA the corporation does not have access to during an industry-worst crisis entirely because GK would rather take food off of our family’s tables than risk irking Wall St investors or endangering his fellow corporate executives’ stock-price bonuses.

All that GK would have to have done is to devote less than 3% of the above $17.5 BILLION to paying for the 10% cut he’s holding his union employees hostage over. But he can’t even give up < 3% for his co-hearts? That would still leave > 97% for his Wall St overlords and grifting corporate VP’s. But nope. He needs to give them 100%.

It’s super-clear what GK’s priorities are. He doesn’t even try to hide it.

Wall St and VP’s and corporate board members. That’s it.

 

I realize this situation is all a matter of perspective, and we all fight from our own foxholes. But, and very BIG but... I already agreed to a 40% paycut from a job I loved (SWA FO) and continued a part time job that I could've retired from, to make ends meet in the mean time.... FOR my union brothers and sisters; and my company.
This part time gig is not fun. And it has the potential to carry me away for long stints from the 'little one' at home that I care for most. After 5 Long trips to sh!t-stanigan and other parts unknown I thought I was safe. Not so much anymore...

So, yeah... NO.

My Foxtrot's Given are zero after reading the 'We Over-hired, F the junior nuggets' or 'We need to worry about the other work groups view of us' arguments. Done. Over it. Period. Furlough me or not. When I come back for Re-Qual, I want the contract we had when I showed up. That's the agreement I made when I accepted employment at a company I loved. And the reason I chose this one over the other airline that hired me. Nothing LESS.

 

Any concessions will magically be status quo in our future contract negotiations. Force Majeure, reduced guarantee, scope, pay cuts will be something we have to fight to get rid of. We are going to have to start negotiations from a hole. Guarantees of retro pay/stock is laughable. I bet you will be able to drive a truck through the requirements to trigger those. Our contract allows the company a lot of flexibility with scheduling based on historical averages. We have already given way more than 10%.

 

Yeah SWAPA should be publicizing the percentage of pay that pilot’s have already lost.

Imagine if every time management or a “co-heart” said “10% pay cut to save the company” the standard response was “Pilot’s already gave -30% !!!”

We should have bag stickers printed!

 

The danger of basing your salary on how many hours you can fly: If you are still making contractual hourly rates and line values are at or above contractual monthly minimum the you have not taken a pay cut. No one at your company is going to listen when you tell them. You guys and jetblue and delta and frontier have all been living large on the overtime train. That train has derailed and will not be back on the tracks for the next 3-5 years.

 

https://www.google.com/amp/s/mobile..../idUSL4N2HL0UU

Delta Air Lines Inc (DAL.N) and the union that represents its pilots have reached a preliminary cost-cutting deal that will prevent furloughs until Jan. 1, 2022, the union said late on Thursday.

Delta MEC, a unit of the Air Line Pilots Association, said the agreement - which still needs approval from Delta's nearly 13,000 pilots - will cut monthly minimum guaranteed hours by 5%.

In September, Delta reached a tentative agreement with the negotiating committee of its pilots' union to reduce the number of furloughs by 220, bringing the new total number of job reductions to 1,721.

The airline industry has been hit hard by the coronavirus outbreak as travel has been restricted amid the pandemic, with Delta and other airlines focusing on cutting costs, boosting liquidity and restoring customer confidence.

 

small cut for most (but other contract improvements) huge cuts for those with furlough notices, but we have 0 obligations to the company while at reduced pay