Agreement In Principle
#481
Line Holder
Joined: Aug 2010
Posts: 673
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From: B767 Captain
Good question. I've heard from LEC and P2P members over the last few years that this is a QOL & work rule focused negotiation. Section 3 compensation would be a 'base hit' vs home run. Also a focus on transferring money from UAL to us 'efficiently' (low/no tax). A lot of that is paraphrased so don't read too much into the language I used.
#482
#483
Banned
Joined: Oct 2010
Posts: 309
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Good question. I've heard from LEC and P2P members over the last few years that this is a QOL & work rule focused negotiation. Section 3 compensation would be a 'base hit' vs home run. Also a focus on transferring money from UAL to us 'efficiently' (low/no tax). A lot of that is paraphrased so don't read too much into the language I used.
#484
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Joined: Apr 2013
Posts: 761
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I realize we’re talking about rumors. But leaks being what they are could have some validity.
So, for anyone that’s seen the compensation piece, can you expand on the raises?
It sounds like a 15% raise phased in over 3 years, although some are framing it as a 20% raise. Where is that 20% number coming from?
Again, I haven’t seen any of the leaks.
So, for anyone that’s seen the compensation piece, can you expand on the raises?
It sounds like a 15% raise phased in over 3 years, although some are framing it as a 20% raise. Where is that 20% number coming from?
Again, I haven’t seen any of the leaks.
#486
Banned
Joined: Oct 2020
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Have heard that as well. The word was the reserve system would draw people to bid it. Also heard the signing of the Pandemic loa reset negotiations. Look, this AIP could been the best thing ever or it could solve a need for the company and provide us a couple extra bucks. Who knows. I do find it quite suspect that a few months ago the union said we were far apart on an agreement and now all of the sudden we have one. What so drastically charged and is there an equal dollar amount to reflect that change?
#487
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Joined: Aug 2021
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Have heard that as well. The word was the reserve system would draw people to bid it. Also heard the signing of the Pandemic loa reset negotiations. Look, this AIP could been the best thing ever or it could solve a need for the company and provide us a couple extra bucks. Who knows. I do find it quite suspect that a few months ago the union said we were far apart on an agreement and now all of the sudden we have one. What so drastically charged and is there an equal dollar amount to reflect that change?
#488
This is the key point. We are going into a recession, my guess a big one but I’m just another joe blow. Oil prices this high cannot last without a large affect on airlines. There will be consequences.
Factor in all the anti-business/anti-Capitalism policies and things look very bad. How are folks going to travel when they’re gonna have to pay significantly more for food, car fuel and whatever else continues to increase with inflation?
As an optimist I hope for the best but hope is no strategy. Some wiser salty folks on here say hire till you furlough. Who knows.
I’m looking forward to reviewing the verbiage in this first round TA. Maybe it’s sufficient and maybe not. It’s interesting to read the commentary from folks who apparently have been here much longer than I have. At least planes are full for now and maybe we get a slamming 2019 type summer. Good luck to us all.
#489
Gets Weekends Off
Joined: Aug 2008
Posts: 1,512
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From: 787 Captain
Have heard that as well. The word was the reserve system would draw people to bid it. Also heard the signing of the Pandemic loa reset negotiations. Look, this AIP could been the best thing ever or it could solve a need for the company and provide us a couple extra bucks. Who knows. I do find it quite suspect that a few months ago the union said we were far apart on an agreement and now all of the sudden we have one. What so drastically charged and is there an equal dollar amount to reflect that change?
From MEC emails and P2P discussions it appears that the company wanted to close out negotiations around Dec 21...but wouldn't bring a fat enough check. We (NC) kept saying no dice....need at least X $$$. The company was challenged to invest in the pilot group much like they're investing in CAPEX for future profitability. Some on the mgmnt side got it...and some didn't want to ink a deal that would cost an extra $X million/day when we were still losing $$. The biggest thing preventing a deal was $. Of course they're willing to bring more $ (and we better be asking for more) as the profit forecasts firm up. I don't think it's a coincidence that thus AIP came at the same time as a very rosy picture of 2Q financials. It's probably as simple as that.
I will be looking for the QOL and work rule improvements in addition to rick solid scope (top & bottom) in addition to industry leading pay. I'm expecting to see 'me too' and/or profitability triggers for pay rate increases (like the Delta me too from the contract extension and the 5% trigger in the pandemic loa).
We shall see soon enough!
#490
Line Holder
Joined: May 2012
Posts: 319
Likes: 1
From: CAP A320
Have heard that as well. The word was the reserve system would draw people to bid it. Also heard the signing of the Pandemic loa reset negotiations. Look, this AIP could been the best thing ever or it could solve a need for the company and provide us a couple extra bucks. Who knows. I do find it quite suspect that a few months ago the union said we were far apart on an agreement and now all of the sudden we have one. What so drastically charged and is there an equal dollar amount to reflect that change?
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