Intellectual thread drift... WOW

Then base it on guarantee, unless you flew less as a lineholder, would be fine with me. The big issue is that we're reinforcing the companies incentive to delay when we accept less than some form of full retro.

Scott

October 23rd - FTW Star Telegram
 

Each AA Pilot "could" get as much as a 6-figure equity stake with a Merger.
First DAL with such a thing, now potentially AA.....Where's ours jEFF???
Just say'in

Pilots union reports progress in contract talks with American | American Airlines bankrupt...

The APA said its advisers are talking to various third parties that are interested in purchasing the 13.5 percent stake, which could translate into an "average six-figure payout per pilot." Analysts had previously estimated that the equity stake could be worth as much as $1 billion. American has about 10,000 pilots.

Indeed. And I would expect that to be in the calculations. So calculate the $$ difference times the length past amenable, times the assumed flight time/month, times the number of pilots and you get a number. That number is bigger for UAL. From what I'm hearing, old Piercey decided that simply can't be!!!

Chairman(s) joint update Oct 25
 

After approximately 900 days of negotiations for a joint collective bargaining agreement (JCBA) for our pilots, we had hoped to announce that we had a tentative agreement (TA) last week. While that was not the case, the Joint Negotiating Committee (JNC) reports that they are nearing completion of the language of the entire JCBA and continues to negotiate an Implementation Letter of Agreement for integrating the many parts of the new JCBA.

A further step was taken this week towards completion of the JCBA with a process agreement that, if accepted by our respective MECs, will determine the allocation amounts between MECs for the retroactive/lump sum payment negotiated as part of the TA. This is an expedited arbitration process that will commence on Oct. 31 with a decision mandated no later than Nov. 5. Once the TA language and the Implementation Letter of Agreement are completed and the process agreement is accepted, the TA will be ready for MEC consideration.

On Monday, Oct. 29, both MECs will be meeting to review the process agreement and to prepare for evaluating the TA. The plan is that when all the components of the TA come together the MECs will be available and have the resources necessary to be fully briefed and informed in order to take the appropriate action. They will hear from the ALPA negotiators, attorneys, and subject matter experts and analysts on every section of the completed TA. This process will take a minimum of eight days but will last as long as necessary. Let us make this point perfectly clear – there is not yet a TA. We will announce one the day we have one. After meeting with the NMB these last two days, the gag order will be lifted only for the MECs but will still apply to the line pilots until the MECs have acted upon the TA.

If the TA is accepted by both MECs independently, it will promptly be sent to the entire Continental and United pilot groups for the membership ratification process. This will kick off a series of Town Hall meetings in domiciles and large pilot population centers, videos, a website, Q&A, etc. all of which are intended to give our pilots all the information they need to make an informed decision. The two MEC Communications Committees have been working on this project for quite some time and will have it ready before membership ratification begins.

The specific schedules for Town Hall meetings and balloting are in flux until the entire TA has been completed, and the MECs’ processes have begun. It is expected that the membership ratification process will be approximately thirty days, which includes the balloting window.

As soon as we have more information to share with our pilots, we will communicate that to you promptly.

You don't think I know this??? You must have missed the several times I posted that one of the biggest scams in this merger is that somehow our BANKRUPTCY work rules are being held as the "gold standard", and that has become acceptable.

This was one of the worst deals for the UAL pilots in this whole merger: A standalone contract most likely would have had significant work rule improvements. A joint contract will not.

For the CAL pilots, the worst deal in this whole merger is most likely going to be Scope issues, since you guys had nailed that down so well. My point when I first posted on this issue is that there are going to be areas where each pilot group makes bigger gains than the other. There will also be areas where each pilot group will feel lacking because of the differences in our previous contracts. That's just the nature of the beast.

Thanks for posting. Hadn't seen this yet..

And you be falling right into the company's trap of pitting the pilot groups against one another. I have no problem with UA getting more if that's what was owed under a true Retro calculation like you describe. It shouldn't be a ratio or percentage anyways; BOTH MC's should have insisted that the company calculate and pay out the open ended and aggregrate individual retro themselves. From what I understand you guys fell into the same trap before with the bond payment being ALPA calculated and administered; how much angst did that cause?

Unfortunately, we now have a capped payout that does not seem to have taken any of those calculations into consideration and instead is a low ball attempt to create strife and consternation between the 2 groups and get us defocused off the real enemy.

I talked to my rep, and he has read the story presented here wrt the signing bonus and tells a different story. There is obstructionism and shenanigans happening on both sides in this process because the company played us, again.

Sorry lerst already the groups are pitted against each other. Did not think so early on but seemd like over here that all changed quite a while back with the profit sharing. jmo

The company doing this to us? LMAO. We are doing this, to ourselves.

We can, as is our past history, blame others for our failures, but not this time.

We have seen the enemy, and it is us.

We have a new delay. Process agreement, to get portions of the Agreement in Principle, to become the Tentative Agreement. Of course this will require both MEC's agreement, after arbitration of course. Then both pilot groups have to ratify. Or not. Following all this?