Contract extension
 

Looks like TA is out. COL for pay and A plan, but don’t have all the details yet.

COL?? Sounds like good news!!??

Contract extension
 

Extends and improves the flat dollar defined benefit, improves vacation allocation (and codifies existence of industry-leading OCV for a second consecutive agreement), maintains our fantastic health insurance benefits, and provides annual raises that we otherwise wouldn’t get for years while UPS deals with the expiring Teamsters contract.

DAL, UAL and AAL can pattern off this for their contracts currently under negotiation, which we can use AFTER the Teamsters National Master Agreement is resolved.

I think everyone should be happy about our A plan continuing to be improved, especially since FedEx seems to have hit a brick wall with theirs, but as our fleet trends heavier I think pay probably needs to jump a bit more than this provides. Still waiting to be able to watch video explanation. I’m not complaining, but it’s always easy to ask why we didn’t get more. Happy to hear we didn’t give anything.

Interesting no initial bump? I would think 12-15% then the COL raises to follow especially with all the contracts up in the industry (DAL, UA, AA) . I think United got 13% and a Delta snap up.

Thanks for the explanation still on the outside looking in. It sounds like good improvements.

The challenge is different when everyone at your company is making widebody pay. When a high percentage of dudes on 2nd year are breaking $200k, convincing a mediator that you need a big pay bump can be a challenge. Not to mention improving the pension when ALPA has rolled over and played dead on the subject.

That would make top captain pay $350/hr in 2021 and $361/hr in 2022.

Could be a little lagging based on others moving forward and our weighted average increasing with the 747-8 additions.

Makes total sense didn't think of that. Thanks

If we’d been negotiating for 4 years there might be a 12-15% bump. But this is an extension. The rates make sense