Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
NAPAUS said::huh: Sorry but those who took voluntary furlough have had the opportunity to change their lives, move on and rebuild.Those who stayed in the trenches and waited deserve to be compensated. Im sorry for the vol furloughees, but thy went VOLUNTARILY, and are still on the senority list. Something must be said for those who "hung in there " Dont u think !!
[post="229691"][/post]
USA320Pilot said:The deal also includes limited buyouts of up to $10,000 and an agreement by the union to allow US Airways to make no further contributions to its pension plan, replacing it in a few years with contributions to a 401(k) plan.
Complete Story
USAirBoyA330 said:I wonder how many people are actually going to take the $10,000 and how many will retire early with the $300 override. I wouldn't think over 1000 but I may be wrong.
[post="230369"][/post]
I think any one with a brain will be lined up around the block to get out. Hopefully the company will have lots of slots availble and cattle prods around to manage the stampede.DCAflyer said:My prediction is about 1,800 will take the buyout. I think about half of the eligible people between 55 and 65 will leave.
Interestingly, even if 1,800 take the ten grand, that's a payout of only about half of what Wolf and Gangwal ended up with upon their departure... and less than four times what Siegel got.
[post="230389"][/post]
USA320Pilot said:Goodstew:
Without TA ratification there is no "buy out" provision, unless the company elects to provide one. Instead of a "buy out", the company could just layoff F/A's. In fact, the next company proposal could include out of seniority furloughs.
[post="230428"][/post]
USA320Pilot said:Goodstew:
Without TA ratification there is no "buy out" provision, unless the company elects to provide one. Instead of a "buy out", the company could just layoff F/A's. In fact, the next company proposal could include out of seniority furloughs.
There is a precedent for out of seniority furlough language. After the RC4 precented ALPA members from voting on the September 6 proposal, the company's next offer eliminated most of the scope language and provided out of seniority furloughs.
Best regards,
USA320Pilot
[post="230428"][/post]
USA320Pilot said:DCAFlyer, do you really think the Courts, Congress or Bush Administration cares about the lame "CHAOS" threat?
This is about big business in a critical industry in financial distress. The story in the hyperlink below provides a balanced view of labor's chance to disrupt operations:
See Story
to ALPA MEC chairman Captain Bill Pollock, "You should also know that during the time that the Company was negotiating with the AFA, IAM, and CWA, the amount of cost savings the Company was demanding from each group increased during bankruptcy, as it did with ours."
Complete Story
DCAFlyer, a contract rejection will only make it worse for the F/A's, who should have learned from the failure of ALPA's RC4 to obtain the best deal possible. When would now be a good time to stop F/A bleeding or do you want the 21% pay cut to remain under the S.1113(e) order? In my opinion, "imposition" is more painful than "bending over", which could occur soon.
The good news: that could give those unions with new labor accords larger profit sharing checks.
Best regards,
USA320Pilot
[post="230435"][/post]
USA320Pilot said:DCAflyer:
You're kdding right. The strike vote did nothing to adjust the process, except maybe cause more passengers to book away from the airline and the company maintain its posture for a $157 million concession. What cuased a TA? The threat of "imposition".
By the way, what was the company's AFA opening cost cut target?
Regards,
USA320Pilot
[post="230470"][/post]
OK....Now you're really annoying. A good woman might be the answer.USA320Pilot said:DCAflyer:
You're kdding right. The strike vote did nothing to adjust the process, except maybe cause more passengers to book away from the airline and reinforce the company maintain its posture for a $157 million annual concession, up from $116 million per year. What cuased the TA? The threat of "imposition".
By the way, what was the company's initial AFA cost cut target?
Regards,
USA320Pilot
[post="230470"][/post]