Agreement in Principle

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09-09-2020 | 02:19 PM

#131

DashTrash

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Joined: Mar 2006

Posts: 1,112

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From: SFO Guppy CA

Maybe one of the snap backs happens when the Company files for bankruptcy? That way we wouldn’t be going into bankruptcy proceedings at a lower value.

09-09-2020 | 02:22 PM

#132

AirbusPTC

Line Holder

Joined: Nov 2018

Posts: 332

Likes: 17

Quote:

Originally Posted by Chuck D

Love the instant "no" vote crowd. Nothing to even consider for a week. Yet whatever it is, it's a "no".

I'm just curious why anyone would trust management knowing full well the items in this TA will be abrogated the second the company enters BK? There is a real possibility that American will declare BK sometime in the next year and other airlines will follow. Once in BK the company will claim "Force Majeure", it's just a tool to them. They will be free to lower pay, benefits and furlough as they see fit, with no regard to what is written in the TA. Might as well enter bankruptcy with the contract at "full-value", taking any reductions from that level, as opposed to how it was done the last time. Just a thought.

09-09-2020 | 02:28 PM

#133

Excargodog

Perennial Reserve

Joined: Jan 2018

Posts: 14,183

Likes: 238

Quote:

Originally Posted by BLAHBLAHBLAH

Pretty silly to start fighting when you have no idea what is really in it. What if it also resets the look back for RJ scope compliance. Or some other poison pill. You might want to keep your powder dry till you get more concrete info.

Think of an early discussion as sort of a vaccination. You know, just a harmless watered down version of the disease you may encounter, that prepares your immune system to fight the pathogen more effectively when you actually do encounter it.

it’s a basic tenet of preventive medicine.

09-09-2020 | 02:29 PM

#134

Deathray

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Joined: Jan 2019

Posts: 185

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From: 757/767

Quote:

Originally Posted by serce

I would argue that for most people this would be a good deal. Getting 5-7k a month for a part time job is pretty dam good. Most pilots will not land six figure jobs while on furlough.

Not disagreeing with that, but 1/2 pay in October without any kind of off ramp would certainly hurt more that 0 pay with 6 month lead time of full pay to prepare.

09-09-2020 | 02:33 PM

#135

mmm123

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Quote:

Originally Posted by BLAHBLAHBLAH

yea right do you even work here. This has been coming on for a while.

09-09-2020 | 02:35 PM

#136

guppie

Banned

Joined: Feb 2018

Posts: 657

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From: B-737 Captain

Quote:

Originally Posted by GPullR

You're partially right. Top 1/3rd takes least hit and has 40% increase as LTD as a carrot. Middle has displacements canceled. Many guys staying captain or WB fo, thats their carrot. Bottom 1/3rd has a job , thats their carrot. Everybody has a shiny new object to get 50+1.

Sent from my SM-N986U using Tapatalk

Not everybody. Not all middle guys got displaced. But maybe enough did to pass this concession. So for a guppy Captain...73 MPG - 57 MPG = 16 hours x 281 = 4496 per month + 719 B-fund =

5215 per month. 62580 per year. That’s a chunk a change !! I’m just saying.

09-09-2020 | 02:52 PM

#137

flightmedic01

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Joined: Jul 2011

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From: Reclining

Quote:

Originally Posted by guppie

Lets say the rumors regarding the tiered system hold true: a junior NB captain will get bumped to NB f/o. Then they get 50% of the NB f/o pay??? Yeah, no thanks.

09-09-2020 | 02:54 PM

#138

oldmako

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Joined: May 2009

Posts: 3,076

Likes: 3

From: The GF of FUPM

Quote:

Originally Posted by BLAHBLAHBLAH

Is this your first airline job? We know what's in it NOW. The late rumors are always the AIP. And the late rumors indicate a big suck for a big chunk of the pilot group in the short term and all pilots in the long term. This group gets this, this other group gets that and another group gets to line their pockets! Maybe it will all go away in two years but probably it won't.

We fly, they manage. Why is that so difficult for pilots to understand? This is their problem. They still have a LOT of money and access to aLOT more. Meanwhile, we have a contract. This perpetuates the idiotic cycle of us bailing them out. This sucks on dozens of levels.

Powder dry? We should just flush it down the toilet since we don't have the smarts or the balls to use it.