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pretty wide margin....
guess it's time to buy some large RJs.
Sounds like the lectures from Capt Wilson and the UCC lawyers (who told the pilots "you won't get the 13.5% claim if you don't ratify this TA") worked as intended.
I suspect there's some celebration In Brazil and Canada right now. Those workers are going to be even busier than they have been for a few more years. And as luck would have it, not long after AA gets the last of its 200+ 76-seater orders, the operating economics of large RJs will be declared to be in the toilet and Boyd will claim that he was first with that prediction (like he claims he was re: 50 seaters).
Good. Now the company has no excuse
The scope clause in the new agreement permits AA to outsource (to Eagle or any other regional) something in the neighborhood of 250 to 300 or so planes seating up to 76 passengers, so APA won't be flying those. 77 or more seats belongs to APA. But realistically, AA ain't going to order 77 seaters or 90 seaters for mainline flying, not because the pilots are too expensive, but because, like Mach has posted before, everyone else (FAs, etc) are too expensive at their mainline rates.
Don't know what effect this has on a sale or spinoff of Eagle. Nobody's going to pay signifcant dollars to buy Eagle, so if anything, it will be handed to the new shareholders of AMR after CH 11 exit. Now that Eagle has obtained new concessionary agreements with all its employees (last group votes on its TA soon), maybe AMR keeps the new lower cost Eagle.
It doesn't matter, because you will be working under a contract Little Jimmy negotiated with Mr. Parker soon enough.Alright...so what was the actual percentage cut to the pilots in this deal?
Doesn't seem like it's anywhere near the 17% cut all other groups gave. Pay raise, $100,000 bonus each(13.5% on exit), no layoffs.
Alright...so what was the actual percentage cut to the pilots in this deal?
Doesn't seem like it's anywhere near the 17% cut all other groups gave. Pay raise, $100,000 bonus each(13.5% on exit), no layoffs.