AT/SWA SLI Question
#101
I have family at both and have flown both extensively, do you (really?). I've seen plenty of WN employees who are total a-holes. Look at luvjockey on here-he seems to have quite a chip on his shoulder which typically reflects to the pax experience. Neither company has employees that are much happier than the other. You have been reading the internet a bit too much.
Hey PaxHauler - where did that picture come from????? Cheerleaders at my high school didn't look anything like that.
Last edited by LuvJockey; 07-19-2011 at 04:08 AM.
#102
I realize you probably consider my opinions to be emotional. But you shouldn't overlook the facts I've stated also. You frequently do that - especially when the facts show you to be wrong.
Carl
#103
I have family at both and have flown both extensively, do you (really?). I've seen plenty of WN employees who are total a-holes. Look at luvjockey on here-he seems to have quite a chip on his shoulder which typically reflects to the pax experience. Neither company has employees that are much happier than the other. You have been reading the internet a bit too much.
Carl
#104
Shiznit,
In 2001-2002 timeframe (yep through and after 9/11), SWA and SWAPA met to conclude interest based negotiations not required by section 6.
The results of those negotiations were:
In 2001-2002 timeframe (yep through and after 9/11), SWA and SWAPA met to conclude interest based negotiations not required by section 6.
The results of those negotiations were:
- Approx 40% pay raise over 5 years ($124/tfp to $173/tfp)
- Industry Leading Scheduling Rigs
- New hires into the 401k plan a year early
- Early retirement Medical + Spouse
- Supplemental Plan C free of charge
- Retirement Medical
- Increased LOL from $6,500 to $9,500
- Workday targets corralled
- Wife gets accrued sick leave
- All income included calculation for 401k company contribution
- 401a17 plan
- Two large Stock Option Plans
I didn't know that:
CA TFP was only $124 in 2001
New Hires weren't in the 401k plan
All income wasn't included in the 401k contrib. prior to 2001.
I thought they had a stock option plan from the beginning.
Was there anything the company "wanted" out of the deal, or was it 100% WIN for the pilot group. (I doubt there was ANY givebacks, but I don't know.)
Here's to the "new" SWA, may they get another 10-19% on top of the current deal for being "cooperative" in the merger like NWA/DAL, and may they not have to deal with any AAA/AWA-like issues!
A rising tide lifts ALL boats! (well, except those captained by USAPA)
#105
Shiznit,
In 2001-2002 timeframe (yep through and after 9/11), SWA and SWAPA met to conclude interest based negotiations not required by section 6.
The results of those negotiations were:
In 2001-2002 timeframe (yep through and after 9/11), SWA and SWAPA met to conclude interest based negotiations not required by section 6.
The results of those negotiations were:
- Approx 40% pay raise over 5 years ($124/tfp to $173/tfp)
- Industry Leading Scheduling Rigs
- New hires into the 401k plan a year early
- Early retirement Medical + Spouse
- Supplemental Plan C free of charge
- Retirement Medical
- Increased LOL from $6,500 to $9,500
- Workday targets corralled
- Wife gets accrued sick leave
- All income included calculation for 401k company contribution
- 401a17 plan
- Two large Stock Option Plans
Carl
#106
In my opinion, it does. When you lose half, then the people who took it offer to "give" you back a few percentage points, I actually view it as a professional insult. Every day we do our jobs for emergency rates for a highly profitable company, management professionally insults me.
I realize you probably consider my opinions to be emotional. But you shouldn't overlook the facts I've stated also. You frequently do that - especially when the facts show you to be wrong.
Carl
I realize you probably consider my opinions to be emotional. But you shouldn't overlook the facts I've stated also. You frequently do that - especially when the facts show you to be wrong.
Carl
I don't observe this to be overly emotional in this instance. It's obvious you are very, very angry(and I am too, believe it or not) but its being framed in a business relationship, not an emotional response.
#107
I do not overlook the facts, and I am pleasantly surprised that there was that much work outside of Section 6 talks there. Herb WANTED unions at his company, and the ability to work with and not in contrast to an organized workforce is a testament to his skills.
I don't observe this to be overly emotional in this instance. It's obvious you are very, very angry(and I am too, believe it or not) but its being framed in a business relationship, not an emotional response.
I don't observe this to be overly emotional in this instance. It's obvious you are very, very angry(and I am too, believe it or not) but its being framed in a business relationship, not an emotional response.
Carl
#108
On Reserve
Joined APC: Nov 2009
Posts: 20
shiznit
At the time of signing it was a win for both the pilots and the company. The giveback was extending the contract opening by two years (9/1/2004 to 9/1/2006).
The true quid-pro-quo was SWAPA's compelling argument that they could save the company 1 billion dollars. This was done by leveraging the huge wages in effect at the time (DAL $259/hr, UAL $254/hr for 320's and 737's) against the actual pay raises granted to SWAPA and the tax benefits of the two new stock option plans.
You are correct, in that there was a stock option plan from 1995, but the deal in 2001-2002 added two additional stock option plans.
Post 2002 with the trainwreck of bankruptcy's, lost DB and DC plans in the industry, I suspect SWA had a small bit of remorse in agreeing to the size of the gains in 2002.
Nonetheless, it is an amazing company that would even meet with a union to discuss a contract that is 3 years from the ammendable date.
Was there anything the company "wanted" out of the deal, or was it 100% WIN for the pilot group. (I doubt there was ANY givebacks, but I don't know.)
The true quid-pro-quo was SWAPA's compelling argument that they could save the company 1 billion dollars. This was done by leveraging the huge wages in effect at the time (DAL $259/hr, UAL $254/hr for 320's and 737's) against the actual pay raises granted to SWAPA and the tax benefits of the two new stock option plans.
You are correct, in that there was a stock option plan from 1995, but the deal in 2001-2002 added two additional stock option plans.
Post 2002 with the trainwreck of bankruptcy's, lost DB and DC plans in the industry, I suspect SWA had a small bit of remorse in agreeing to the size of the gains in 2002.
Nonetheless, it is an amazing company that would even meet with a union to discuss a contract that is 3 years from the ammendable date.
#109
Come on TS,
You know you LUV SWA! You lurk and jab at just the right time to stir things up. We all know you find this to be entertainment, but you REALLY LUV SWA! Your interest is just too obvious. Then again there is that thread with 71 thousand + replies which everyone knows is the bomb! You have how many posts in 3 1/2 years? I am just saying.
The Oscar
You know you LUV SWA! You lurk and jab at just the right time to stir things up. We all know you find this to be entertainment, but you REALLY LUV SWA! Your interest is just too obvious. Then again there is that thread with 71 thousand + replies which everyone knows is the bomb! You have how many posts in 3 1/2 years? I am just saying.
The Oscar
Yeah, you got me.. hehehehehe But all this really is very amusing. I mean you guys are arguing about merger of 2 airlines that have pretty much the exact same equipment. So what is causing all the angst? I mean, really, all there is to fight about is bases and vacations... I think in 1 seat's case, he has come to the realization that his 1 seat is going to be the right one for the forseeable future, and if he can screw the other guys into taking money instead of a fair seniority deal he can move right into the left seat that THEY bring to the party. There is the irony that is in his posts... Of course to even the most casual observer, that is painfully obvious. And in your case, it is funny that you bring up my post count. I have fun on the forums... BFD..
#110
Gets Weekends Off
Joined APC: Sep 2006
Posts: 139
shiznit
At the time of signing it was a win for both the pilots and the company. The giveback was extending the contract opening by two years (9/1/2004 to 9/1/2006).
The true quid-pro-quo was SWAPA's compelling argument that they could save the company 1 billion dollars. This was done by leveraging the huge wages in effect at the time (DAL $259/hr, UAL $254/hr for 320's and 737's) against the actual pay raises granted to SWAPA and the tax benefits of the two new stock option plans.
You are correct, in that there was a stock option plan from 1995, but the deal in 2001-2002 added two additional stock option plans.
Post 2002 with the trainwreck of bankruptcy's, lost DB and DC plans in the industry, I suspect SWA had a small bit of remorse in agreeing to the size of the gains in 2002.
Nonetheless, it is an amazing company that would even meet with a union to discuss a contract that is 3 years from the ammendable date.
At the time of signing it was a win for both the pilots and the company. The giveback was extending the contract opening by two years (9/1/2004 to 9/1/2006).
The true quid-pro-quo was SWAPA's compelling argument that they could save the company 1 billion dollars. This was done by leveraging the huge wages in effect at the time (DAL $259/hr, UAL $254/hr for 320's and 737's) against the actual pay raises granted to SWAPA and the tax benefits of the two new stock option plans.
You are correct, in that there was a stock option plan from 1995, but the deal in 2001-2002 added two additional stock option plans.
Post 2002 with the trainwreck of bankruptcy's, lost DB and DC plans in the industry, I suspect SWA had a small bit of remorse in agreeing to the size of the gains in 2002.
Nonetheless, it is an amazing company that would even meet with a union to discuss a contract that is 3 years from the ammendable date.
Sustainability then came about with some very fortuitous hedging, and then some BK fallout from stupid management at rivals.
Now you throw in a "seniority for sale" sale, and the SWA guys now have an edge on USAPA for underhandedness.
Why WOULDN'T the company talk 3 years early. Lock in less money today, which will be worth even less in 4 years.
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