|
TA
Most the threads he could just be erased.
Wait for the TA. Take your TIME and read and understand it! It's a package. See how it interacts with itself. Look at the big picture. You will NOT get everything that you want and you will get things you didn't think of. The package may not be reasonable, vote it down. It may be good, vote for it. None of us know anything except for rumors. 600+ pages, that's a lot to understand. Any rush job cannot be tolerated. ALPA MUST give us at least 30 days to understand it. Otherwise it's an automatic NO for me. |
For any CAL pilots, I hear your last contract was a huge sell. If so, would you please shed some light on how it was accomplished? Thx.
|
Fear. Loss of pension. Furloughs. Loss of aircraft.
Enough bought it to pass it. Sold out by union members that are now management. (no, I didn't vote for it). |
They sent out postcards AND DVDs imploring people to vote for it.
I'll try to find copies of the postcards to post. |
Originally Posted by Zonker
(Post 1287141)
They sent out postcards AND DVDs imploring people to vote for it.
I'll try to find copies of the postcards to post. |
|
|
That's it....thank you Paul P.
$56 bucks a barrel folks. Head for zee hills. |
This is just old stuff:
Total salary packages for top United executives in 2010 were:
|
DALLAS (AP) — Jeffery Smisek helped put together the world's largest airline with the merger of United and Continental, and the company rewarded him by more than tripling his compensation last year to $13.4 million.More than half the compensation for the airline's CEO came from stock awards, including incentives for the merger that created United Continental Holdings Inc.
Smisek's 2011 compensation was disclosed in a proxy statement that the Chicago-based company filed Friday with the U.S. Securities and Exchange Commission. An analysis by The Associated Press calculates the value that the company put on compensation awarded to the CEO in that year and excludes changes in pension value, so it differs from the total that the company reports to the SEC. Smisek, 57, was the CEO of Houston-based Continental Airlines and helped negotiate the combination with United. He was paid compensation valued at nearly $4.4 million in 2010. Last year, Smisek was given stock awards that were valued at $7.53 million when they were granted in February 2011, including $4.4 million in merger incentives. Smisek was paid a salary of $975,000, up from $791,250 in 2010; $4.41 million in separate incentive payments, up from $3.56 million in 2010; and $454,918 in other compensation, up from $9,766 the year before. The other-compensation column included $241,457 for travel and relocation help, as well as $67,947 for insurance premiums paid by the company. Other top United executives also got merger incentives that could become very valuable. The awards for Chief Financial Officer Zane Rowe, Chief Operations Officer Peter McDonald and Chief Revenue Officer James Compton were valued at $1.65 million apiece. Rowe announced this month he is leaving for Apple Inc., For Smisek to get his merger payoff, the company must hit revenue and cost-saving targets over a three-year period ending in December 2013 and achieve merger milestones. Some of those milestones have already been met. One milestone was combining the United and Continental computerized reservations systems. The switchover last month, however, didn't go smoothly, and many customers endured long waits on hold to fix ticketing problems. Smisek apologized this week, saying the airline had failed to deliver adequate customer service. United Continental and rivals such as Delta Air Lines Inc. have benefited from consolidation that has reduced the number of U.S. airlines and made it easier for the survivors to raise fares. United earned $840 million in 2011 and $253 million in 2010 after losing $6 billion the previous two years combined. But lately, even fare increases and a slew of extra fees charged to passengers haven't been enough to offset sharply higher jet fuel prices. This week, United Continental reported that it lost $448 million in the first three months of the year, although the loss was smaller than analysts had feared. Even as United Continental earned money last year, stockholders didn't share in the bounty. The airline's shares lost 26 percent of their value during 2011, although they have gained most of it back this year. The AP's calculation of executive compensation includes salary, bonuses, perks and the estimated value of stock and stock options awarded during the year. The amount that Smisek or other CEOs eventually get can differ, depending on the performance of the company's stock after awards are granted. Most companies require an executive to wait a certain amount of time before getting stock grants or exercising options. ___ Follow David Koenig at David Koenig (airlinewriter) on Twitter |
TA
Pay Jeff 50 million I'm good with that. As long as this us a kick a$$ airline.
As far as those post cards. Nice that your dues paid to brain wash yourself. |
Originally Posted by Ottopilot
(Post 1287110)
Sold out by union members that are now management.
(no, I didn't vote for it). If you guys think that your union reps are sold out, and I have read a lot here on APC that this is pretty much how the sentiment is across the board, then my question is why don't you guys throw them out.... Why are you guys living with the sold out reps........ |
Originally Posted by 47dog
(Post 1287177)
Pay Jeff 50 million I'm good with that. As long as this us a kick a$$ airline.
As far as those post cards. Nice that your dues paid to brain wash yourself. These guys don't earn any of this money, it's all legally stolen. 50 million is a fraction of the amount of money that should be spent prosecuting these fraudulent posers. And these postcards are indicative of a corruption that has infested our union and still exists to this day. It is a warning to anyone reading this that these people will do nothing except steal the last dollar from your child's college fund...and it should be stopped right now by voting NO. Melodramatic? Absolutely not. Look at where Airline Pilots were just 12 years ago...we have been stolen from year after year. Time to end it. Time to end it now. |
| All times are GMT -8. The time now is 08:27 PM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands