Not only did we lose our pensions, but we are told that we will pay for the protection of the American pilot's pensions. There is loss of scope and protections, loss of the Change of Control provision and so much ambiguity in the MOU language that the NAC had to call Kirby during the BPR meeting to ask him for clarification on some items. I just bet he clarified it all right. All this for $10,000 that after taxes will be reduced to about $6,500. We sell ourselves cheap.
Nothing has changed here. The company studies the pilot group. Figures out the least amount of money they can pay us in spite of the industry averages.
They wanted scope, not because they just threw that in there, but so they can strip this airline of its planes and reassemble it as a much smaller airline with 190's for the smaller cities we will serve. History is a lesson we need to keep looking at. The promise of $170 an hour will not apply to the 190's. The protections of the larger airplanes will disappear like a puff of smoke. If those protections are somehow in there, we need clarification and a guarantee.
As for Change of Control, if they want this deal, cough up more money. There are Billions of dollars involved. The American pilots get their pensions. We get $6500 take home bonuses? Who is kidding who?