B fund status
#11
Nothing thinly veiled about it. The junior guys need to fund up the B funds of the senior third. We robbed peter to pay paul. Paul is gonna have to pay it back plus interest. You don't like it? So what. Any questions, Tell Insler to write the check. It's his mess, he needs to clean it up.
#14
Gets Weekends Off
Joined APC: Oct 2015
Posts: 736
I’m not at UAL. But I am a millennial and I’m junior at my airline (hired in 2017). From the time that I got on, I’ve been busting my @$$ to save money for a recession or negotiations because I knew the game. If there isn’t flying for me, the world doesn’t owe me a thing. No hard feelings. That’s life.
The incredible thing to me is the “senior” bubbas that are funding this whole scheme. Look, Senior does not mean wealthy. It just means they were hired first.
I remember reading a thread a couple years ago about pilot compensation at the legacies. Everyone assumed all pilots make bank. Then a UAL guy hired in 2000 tells his story. Between 2000 and 2010 he averaged $19,200. If this same person averaged $175,000 from 2010 through 2020, that’s an average pay of less than $107,000 for the past 20 years. Not exactly high rolling.
Imagine this guy has three kids that were born around when he got hired. They’re probably just starting college and he’s only had ten years to save. And now I’m gonna ask him to cover his kids’ college, mortgage, retirement, and my monthly paycheck for flying that literally doesn’t exist? I’m gonna ask him to take another financial hit on top of the two furloughs already so that I don’t have to do what he did?
I’m sorry. I just don’t get it.
The incredible thing to me is the “senior” bubbas that are funding this whole scheme. Look, Senior does not mean wealthy. It just means they were hired first.
I remember reading a thread a couple years ago about pilot compensation at the legacies. Everyone assumed all pilots make bank. Then a UAL guy hired in 2000 tells his story. Between 2000 and 2010 he averaged $19,200. If this same person averaged $175,000 from 2010 through 2020, that’s an average pay of less than $107,000 for the past 20 years. Not exactly high rolling.
Imagine this guy has three kids that were born around when he got hired. They’re probably just starting college and he’s only had ten years to save. And now I’m gonna ask him to cover his kids’ college, mortgage, retirement, and my monthly paycheck for flying that literally doesn’t exist? I’m gonna ask him to take another financial hit on top of the two furloughs already so that I don’t have to do what he did?
I’m sorry. I just don’t get it.
#15
Gets Weekends Off
Joined APC: Mar 2006
Position: SFO Guppy CA
Posts: 1,112
I’m not at UAL. But I am a millennial and I’m junior at my airline (hired in 2017). From the time that I got on, I’ve been busting my @$$ to save money for a recession or negotiations because I knew the game. If there isn’t flying for me, the world doesn’t owe me a thing. No hard feelings. That’s life.
The incredible thing to me is the “senior” bubbas that are funding this whole scheme. Look, Senior does not mean wealthy. It just means they were hired first.
I remember reading a thread a couple years ago about pilot compensation at the legacies. Everyone assumed all pilots make bank. Then a UAL guy hired in 2000 tells his story. Between 2000 and 2010 he averaged $19,200. If this same person averaged $175,000 from 2010 through 2020, that’s an average pay of less than $107,000 for the past 20 years. Not exactly high rolling.
Imagine this guy has three kids that were born around when he got hired. They’re probably just starting college and he’s only had ten years to save. And now I’m gonna ask him to cover his kids’ college, mortgage, retirement, and my monthly paycheck for flying that literally doesn’t exist? I’m gonna ask him to take another financial hit on top of the two furloughs already so that I don’t have to do what he did?
I’m sorry. I just don’t get it.
The incredible thing to me is the “senior” bubbas that are funding this whole scheme. Look, Senior does not mean wealthy. It just means they were hired first.
I remember reading a thread a couple years ago about pilot compensation at the legacies. Everyone assumed all pilots make bank. Then a UAL guy hired in 2000 tells his story. Between 2000 and 2010 he averaged $19,200. If this same person averaged $175,000 from 2010 through 2020, that’s an average pay of less than $107,000 for the past 20 years. Not exactly high rolling.
Imagine this guy has three kids that were born around when he got hired. They’re probably just starting college and he’s only had ten years to save. And now I’m gonna ask him to cover his kids’ college, mortgage, retirement, and my monthly paycheck for flying that literally doesn’t exist? I’m gonna ask him to take another financial hit on top of the two furloughs already so that I don’t have to do what he did?
I’m sorry. I just don’t get it.
In addition, United would not be in position to capitalize on any opportunities that might arise.
#16
Gets Weekends Off
Joined APC: Nov 2009
Posts: 5,169
The bottom half of the middle third were going to take a significant pay hit anyway. If this had not ratified, there would’ve been continued significant displacement bids as well as some of them would most likely get furloughed. It would be very conceivable that a WB FO would be a NB FO on reserve and commuting to a base they don’t want to. Also, that would not change for a while. That is not fear mongering, just reality.
In addition, United would not be in position to capitalize on any opportunities that might arise.
In addition, United would not be in position to capitalize on any opportunities that might arise.
#18
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,133
#19
Gets Weekends Off
Joined APC: Jun 2019
Posts: 470
I’m sure your financial guy will listen to your rant with a nice empty smile. Perhaps he will offer you any flavor of K Cup you can imagine. All the while he’s glad that you are paying his 2 points fee for underperforming a 60/40 Portfolio.
#20
Grumble,
if flying demand rebounds as quickly as you think it will, PM me and I will happily buy you dinner. Seriously, if we’re above 67.5%, I’ll be back up to 70 hours. I can’t imagine a business environment where airlines keep 70% staffed while we gain 2% flying each month. At this rate we’ll be lucky to be at 60% next summer
if flying demand rebounds as quickly as you think it will, PM me and I will happily buy you dinner. Seriously, if we’re above 67.5%, I’ll be back up to 70 hours. I can’t imagine a business environment where airlines keep 70% staffed while we gain 2% flying each month. At this rate we’ll be lucky to be at 60% next summer
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