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Originally Posted by LJ Driver
(Post 3859629)
I’m a senior FO, I fly with senior CAs. I don’t know any that don’t want this CBP option ASAP |
Originally Posted by Flyingphi
(Post 3859755)
You can’t be serious!!! We need to least try to get what was promised in the contract first. If the IRS turns it down, then let’s change the contract. Seriously, this is not ok without trying to get what we all agreed to first. Crazy!
Getting what’s in the contract is obviously the goal, the wickets needed to get there make it a goal 2-3 years in the future. Stepping in that direction starting with this and maybe another LOA as things get a little closer so people can stop shoveling money into an inferno they’ll never use would be nice. |
Originally Posted by JurgenKlopp
(Post 3859778)
WADR this is as obvious as saying "The Chiefs won by (1-3 spread) after a last second field goal!"
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Originally Posted by LJ Driver
(Post 3859834)
Right, so return the favor they’ve done for us and show some respect by giving them another off-ramp for spill that isn’t locked in the RHA.
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Originally Posted by LJ Driver
(Post 3859834)
Right, so return the favor they’ve done for us and show some respect by giving them another off-ramp for spill that isn’t locked in the RHA.
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Originally Posted by LJ Driver
(Post 3859831)
Yeah, duh, I’m completely serious.
Getting what’s in the contract is obviously the goal, the wickets needed to get there make it a goal 2-3 years in the future. Stepping in that direction starting with this and maybe another LOA as things get a little closer so people can stop shoveling money into an inferno they’ll never use would be nice. |
Originally Posted by Flyingphi
(Post 3859854)
There should be no LOA’s about this unless the irs denies what we have in the contract we just voted in. This plan will return almost nothing when you factor in inflation. Once this company cap in the prap is lowered it will never go back. Wake up man….this is complete bs. It will never change back and most likely all the things we were told we would get in the contract won’t happen. We need to get it all done the first time around…if it takes another year so be it.
?? What other things in the contract haven’t happened? It won’t be a year it will probably be closer to 2. And the PRAP cap is a company interpretation of IRS regs and the contingent benefits rule, I’m guessing their army of lawyers looked at it pretty closely. If they’re wrong, great for us, if they’re right the PRAP cap will be as the LOA is written. Either way the 30% equities stake is in the UPA so that’s a done deal. Judging by the visceral interweb reaction to the LOA it likely won’t pass, which is a shame mostly for the older pilots whose RHAs will far outlive them and then pass along to… the rest of us. |
Originally Posted by LJ Driver
(Post 3859906)
?? What other things in the contract haven’t happened?
It won’t be a year it will probably be closer to 2. And the PRAP cap is a company interpretation of IRS regs and the contingent benefits rule, I’m guessing their army of lawyers looked at it pretty closely. If they’re wrong, great for us, if they’re right the PRAP cap will be as the LOA is written. Either way the 30% equities stake is in the UPA so that’s a done deal. Judging by the visceral interweb reaction to the LOA it likely won’t pass, which is a shame mostly for the older pilots whose RHAs will far outlive them and then pass along to… the rest of us. |
Originally Posted by LJ Driver
(Post 3859906)
Judging by the visceral interweb reaction to the LOA it likely won’t pass, which is a shame mostly for the older pilots whose RHAs will far outlive them and then pass along to… the rest of us. |
If we can’t get what we negotiated in the contract then we renegotiate and they give us something more somewhere else to make up for the shortfall. Not sure why people are in a rush to get this done, we had an agreement if they can’t make that due to the IRS etc then we need something else in return or we wasted negotiating capital to get this.
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