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He'll be gone soon enough, as soon as the balloting closes is my guess. He was here for one reason, to sell the deal.
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Originally Posted by ReadOnly7
(Post 3135970)
actually....he CHANGED his avatar after he was called Bob.
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Originally Posted by ReadOnly7
(Post 3135970)
actually....he CHANGED his avatar after he was called Bob.
Not that it really matters, but his posts remind me of JM - an ALPA National Affairs Committee member. |
Why won’t it let me vote?
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Originally Posted by IVy781
(Post 3136241)
Why won’t it let me vote?
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For some reason APC is not letting me vote...
Top third - Easy yes for me. Not a perfect agreement, but then again none are. There are some good gets in this agreement: Possible 5% pay raise, additional RJ restrictions, P-VSL2, displacement cancelations, and non-profile reserve language to name a few. This is not a pay cut - I just get to spend a bit more time at home every month! This agreement is not about me - this is the least we can (and should) do for our potential furloughees. |
Originally Posted by Mkt320
(Post 3136457)
For some reason APC is not letting me vote...
Top third - Easy yes for me. Not a perfect agreement, but then again none are. There are some good gets in this agreement: Possible 5% pay raise, additional RJ restrictions, P-VSL2, displacement cancelations, and non-profile reserve language to name a few. This is not a pay cut - I just get to spend a bit more time at home every month! This agreement is not about me - this is the least we can (and should) do for our potential furloughees. |
Originally Posted by Mkt320
(Post 3136457)
For some reason APC is not letting me vote...
Top third - Easy yes for me. This agreement is not about me - this is the least we can (and should) do for our potential furloughees. |
Originally Posted by Big5
(Post 3136587)
Serious question: come May what are we going to do for our potential furloughs? Pandemic TA-2? How will be able to cut them loose then if we’re not prepared to do so now...and I’m not suggesting or advocating we chop them now.
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Originally Posted by Mkt320
(Post 3136457)
For some reason APC is not letting me vote...
Top third - Easy yes for me. Not a perfect agreement, but then again none are. There are some good gets in this agreement: Possible 5% pay raise, additional RJ restrictions, P-VSL2, displacement cancelations, and non-profile reserve language to name a few. This is not a pay cut - I just get to spend a bit more time at home every month! This agreement is not about me - this is the least we can (and should) do for our potential furloughees. |
Originally Posted by Big5
(Post 3136587)
Serious question: come May what are we going to do for our potential furloughs? Pandemic TA-2? How will be able to cut them loose then if we’re not prepared to do so now...and I’m not suggesting or advocating we chop them now.
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Originally Posted by MasterOfPuppets
(Post 3136617)
If we furlough next June we will be bankrupt. Period end of story.
This 100% |
Originally Posted by MasterOfPuppets
(Post 3136617)
If we furlough next June we will be bankrupt. Period end of story.
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Originally Posted by MasterOfPuppets
(Post 3136617)
If we furlough next June we will be bankrupt. Period end of story.
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Originally Posted by vipereaglebus
(Post 3136744)
Bold statement. If that’s the case, why did the company negotiate for the ability to furlough 2000 and still keep the TA going? If what you say is true, the company could have just left that part out since bankruptcy triggers termination of the TA anyway. Am I missing something?
No inside info, but my thoughts are the union wanted to prevent furloughs...a noble effort....and the company just said, “look, here is the pot of money we have for pilots until June. If you guys can figure out a way to prevent furloughs, we’re all ears.” Then the union dutifully went about cutting MPG to manage the company. |
Originally Posted by HiPlaneDrifter
(Post 3136790)
No inside info, but my thoughts are the union wanted to prevent furloughs...a noble effort....and the company just said, “look, here is the pot of money we have for pilots until June. If you guys can figure out a way to prevent furloughs, we’re all ears.” Then the union dutifully went about cutting MPG to manage the company.
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Originally Posted by vipereaglebus
(Post 3136744)
Bold statement. If that’s the case, why did the company negotiate for the ability to furlough 2000 and still keep the TA going? If what you say is true, the company could have just left that part out since bankruptcy triggers termination of the TA anyway. Am I missing something?
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Originally Posted by MasterOfPuppets
(Post 3136842)
If the airline isn’t at a place by next summer that’s north of 70% of 2019 the company will only have a few months of cash left until they must go bankrupt. If next summer is a bust we won’t make it through next winter.
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Originally Posted by MasterOfPuppets
(Post 3136842)
If the airline isn’t at a place by next summer that’s north of 70% of 2019 the company will only have a few months of cash left until they must go bankrupt. If next summer is a bust we won’t make it through next winter.
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Originally Posted by Big5
(Post 3136871)
That’s really some sound fundamental analysis. 70% of what? Revenue? LF? Block hours? Regardless even at our most recent qtr daily cash burn of $26 mil a day, that’s $.8bil a month. We have over $17bil on hand. We won’t be bankrupt in June. You realize the company can negotiate debt down outside bk? That’s most likely happening. We have cares 2 on the way - more cash. But hey - lets vote post haste and give them a handout.
come June the company will either furlough Zero or will furlough more than 2007. They won’t be looking to reduce cash burn or break even. They will be looking to start making money again. They will not carry dead weight. The TA 2007 number means very little in my opinion and was there to show the dire circumstances we face. I believe it’s sole pourpose was to scare up yes votes. If CARES 2 happens then this TA doesn’t mean jack so why even stress about it? |
Originally Posted by Intrdmnslalien
(Post 3134433)
So the above data could be accurate, but it might just be the small sample so far. I'm going to make a bold statement and say the current roughly 63% yes to about 37% no is going to be within 5% of the actual results.
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