LCAL Profit Sharing 2011 Possibility
#1
Gets Weekends Off
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Joined APC: Jan 2011
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Posts: 1,559
LCAL Profit Sharing 2011 Possibility
For all you LCAL guys and gals it looks like you will get a 2011 profit sharing after all. Rumor has it the T&PA will be fully extended into 2012 for a share of the 2011 profits for LCAL pilots. The cost to this is there won't be any ORD or DEN B737 Pilot Bases in 2012. Additionally I suspect there is some recalling possibilities coming on the LUAL side.
Just a rumor, but the MEC is meeting next week to has the T&PA out.
If any of this is true spend your profits wisely.
And please don't give the credit to "The Chairman" or Ms Wendy, your whole MECs (LUAL and LCAL) are responsible for this one. They seem to be working together a bit closer these days.
PS. I love these kind of rumors, hope it's true.
Just a rumor, but the MEC is meeting next week to has the T&PA out.
If any of this is true spend your profits wisely.
And please don't give the credit to "The Chairman" or Ms Wendy, your whole MECs (LUAL and LCAL) are responsible for this one. They seem to be working together a bit closer these days.
PS. I love these kind of rumors, hope it's true.
#2
SLI best wishes!
Joined APC: Feb 2011
Position: B767 Capt
Posts: 399
For all you LCAL guys and gals it looks like you will get a 2011 profit sharing after all. Rumor has it the T&PA will be fully extended into 2012 for a share of the 2011 profits for LCAL pilots. The cost to this is there won't be any ORD or DEN B737 Pilot Bases in 2012. Additionally I suspect there is some recalling possibilities coming on the LUAL side.
Just a rumor, but the MEC is meeting next week to has the T&PA out.
If any of this is true spend your profits wisely.
And please don't give the credit to "The Chairman" or Ms Wendy, your whole MECs (LUAL and LCAL) are responsible for this one. They seem to be working together a bit closer these days.
PS. I love these kind of rumors, hope it's true.
Just a rumor, but the MEC is meeting next week to has the T&PA out.
If any of this is true spend your profits wisely.
And please don't give the credit to "The Chairman" or Ms Wendy, your whole MECs (LUAL and LCAL) are responsible for this one. They seem to be working together a bit closer these days.
PS. I love these kind of rumors, hope it's true.
Enjoy your $4k dollars! Sold our sousl to the DEVIL once more....
#3
Keep Calm Chive ON
Joined APC: Feb 2008
Position: Boeing's Plastic Jet Button Pusher - 787
Posts: 2,086
Thanx for the sage financial advice.
That's obviously pre-tax before the "30-ish%" tax grab right???
Just about every pilot that I have spoken with over the last months was confident they were gonna get paid one way, or the other (If you get my drift). Sounds like the company 'blinked', and didn't want to broach the alternative concerning the pay-out that many of the L-CO Pilot's would have sought to recoup their $$ post Feb 14th, 2012
This payout (or as Jeff would MOST likely say, "good-will') is nothing more than smoke-n-mirrors. It buys Jeff/Fred 'time' in their quest to keep dragging out the JCBA neg process. In the end, doling out L-CO Pilot's Profit Sharing is just 'small pennies' that buy large "Benjamins" for mgt in the long run.
Just about every pilot that I have spoken with over the last months was confident they were gonna get paid one way, or the other (If you get my drift). Sounds like the company 'blinked', and didn't want to broach the alternative concerning the pay-out that many of the L-CO Pilot's would have sought to recoup their $$ post Feb 14th, 2012
This payout (or as Jeff would MOST likely say, "good-will') is nothing more than smoke-n-mirrors. It buys Jeff/Fred 'time' in their quest to keep dragging out the JCBA neg process. In the end, doling out L-CO Pilot's Profit Sharing is just 'small pennies' that buy large "Benjamins" for mgt in the long run.
#4
Gets Weekends Off
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
Thanx for the sage financial advice.
That's obviously pre-tax before the "30-ish%" tax grab right???
Just about every pilot that I have spoken with over the last months was confident they were gonna get paid one way, or the other (If you get my drift). Sounds like the company 'blinked', and didn't want to broach the alternative concerning the pay-out that many of the L-CO Pilot's would have sought to recoup their $$ post Feb 14th, 2012
This payout (or as Jeff would MOST likely say, "good-will') is nothing more than smoke-n-mirrors. It buys Jeff/Fred 'time' in their quest to keep dragging out the JCBA neg process. In the end, doling out L-CO Pilot's Profit Sharing is just 'small pennies' that buy large "Benjamins" for mgt in the long run.
That's obviously pre-tax before the "30-ish%" tax grab right???
Just about every pilot that I have spoken with over the last months was confident they were gonna get paid one way, or the other (If you get my drift). Sounds like the company 'blinked', and didn't want to broach the alternative concerning the pay-out that many of the L-CO Pilot's would have sought to recoup their $$ post Feb 14th, 2012
This payout (or as Jeff would MOST likely say, "good-will') is nothing more than smoke-n-mirrors. It buys Jeff/Fred 'time' in their quest to keep dragging out the JCBA neg process. In the end, doling out L-CO Pilot's Profit Sharing is just 'small pennies' that buy large "Benjamins" for mgt in the long run.
SoCal,
Not disputing the jist of your post, but my p/s check for 2010 was $6400 gross. And I am a lowly F/O. UCH is on track to beat their 2010 profit this year, so I expect the sum to be higher. If they are going to give CAL guys a taste in exchange for extending some of UAL's domicile protections, I am all for it. A JCBA would be better, of course.
I believe, if true, this is a good course of action for the company. If they start opening CAL bases in UAL domiciles before sli integration, it will get UGLY, IMO. Injunction or no, guys will be ****ED.
Sled
#5
Keep Calm Chive ON
Joined APC: Feb 2008
Position: Boeing's Plastic Jet Button Pusher - 787
Posts: 2,086
AGAIN Sled.....As the OP stated, it's all rumor up to this point. You points are well taken.
#6
UAL gets profit sharing by contract in perpetuity, CAL is by "agreement." Last year UAL pilots got 5.9% of W2, CAL got 3.9%. A $6400 check at UAL becomes a $4300 check at CAL. Good on UAL for getting it.
Last edited by APC225; 12-10-2011 at 08:13 AM.
#7
Gets Weekends Off
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
SLed
#8
Gets Weekends Off
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
#9
Gets Weekends Off
Joined APC: Nov 2008
Position: B-777 left
Posts: 1,415
Maybe I am in the minority but I don't feel we should be working out any agreements unless it is a complete jcba. Sorry cal guys if that is the agreement we should stick with it until we have a complete agreement.
Last edited by syd111; 12-10-2011 at 08:37 AM.
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