APA TA comparison

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11-27-2012 | 05:08 PM

#21

Yak02

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From: B-787 Captain

Quote:

Originally Posted by El10

How many 757s will be left in the fleet by 2016?

About 23. And, they more than likely will continue to be registered to Continental Airlines, Inc. as they are today.

11-27-2012 | 06:54 PM

#22

Lerxst

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From: B787 CA - SFO

Quote:

Originally Posted by Yak02

About 23. And, they more than likely will continue to be registered to Continental Airlines, Inc. as they are today.

Then that would be more like 63 ex CAL 752's and 753's, plus the ETOPS UAL birds for around 76ish total.

11-27-2012 | 07:45 PM

#23

EWR73FO

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From: IAH 737 CA

Quote:

Originally Posted by CALFO

Also just keeping it honest: 16% to B fund would begin dec 1, 2012.

I will rewatch the r&i video but what I saw today said the merging of the two plan would not occur until late 2013 or early 2014.

11-28-2012 | 01:04 AM

#24

CALFO

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Quote:

Originally Posted by EWR73FO

I will rewatch the r&i video but what I saw today said the merging of the two plan would not occur until late 2013 or early 2014.

The plans don't merge until after CMs, however the increase to 16% is immediate, dating back to the first of the month. Read the paragraph that precedes the implementation schedule.

11-28-2012 | 06:40 AM

#25

EWRflyr

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From: 737 CAPT

Quote:

Originally Posted by horrido27

^ So..
The "Complete Operational Merger Date" is the date in which we have a Integrated Seniority List.
Our own Union has told us (though, not sure what to believe anymore) that it would take roughly 6 months after we had a JCBA till we had a ISL.
IF this POS TA passes, I will assume (hate to do that) that we may see the ISL around Apr/May 2013 timeframe.
One year later, the 1:3.5 Rig would begin. NOT Jan 2014!

Motch

Motch,

I believe you will end up being right in the long run (if this TA passes) as the language is right there for all to see. Mid-2014 sounds more accurate based on the language.

However, according to the union talking heads, January 1st 2014 is the target date on many things for a couple of reasons: FAR117 plus the transition for all pilots to CMS and away from Unimatic which the company will not be updating. The CMS transition and programming needs to be in place no later than September/October in order to comply with FAR117.

Just saying what I was told. But like you said, the words on the page will be used against us. Something that is quite clear in the new TA and definitely not in our favor for implementation.

11-28-2012 | 12:09 PM

#26

ewr756drive

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12-07-2012 | 12:04 PM

#27

APC225

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"The union will get 13.5 percent of the stock in the new AMR when it emerges from bankruptcy, which analysts estimate would amount to at least $100,000 per pilot."

12-07-2012 | 12:24 PM

#28

LeeMat

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From: B767 Capt

Quote:

Originally Posted by APC225

"The union will get 13.5 percent of the stock in the new AMR when it emerges from bankruptcy, which analysts estimate would amount to at least $100,000 per pilot."

So did DAL and sUAL when we exited BK. This is AMR BK exit contract.
I sold my equity shares for $122K and that was .23 cents on the dollar, the equivalent of $63 dollars per share.