767jetz
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- Joined
- Aug 20, 2002
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I would imagine many of the west pilots are loaded up on housing debt, and are seriously underwater. Thus the quest for the Nic and a contract NOW. This explains a lot of the desperation and taunting of LOA 93. It is driven by your situation with your housing.
FINALY we are getting somewhere! I told you since the beginning of this discussion that you needed to clarify your assumptions. Now I can understand your reasoning, and also point out that your premise may or may not be correct.
IF west pilots are loaded up on debt, and IF they are underwater, and IF they are facing ballooning payments due to the risky "no money down" interest only or bait-and-switch adjustable mortgages, then THAT could be one explanation for their desire to complete the integration, and have a Nic inclusive contract. Do you have any proof or reason to believe that west pilots fall into the general category of the "average" PHX home owner? You MUST realize that it is only one of many theories, and happens to be one that fits your view of the world. I can think of at least 4 or 5 equally plausible reasons right off the top of my head that explains why the west wants a nic inclusive contract sooner rather than later, that has absolutely nothing to do with housing prices in PHX or the price of tea in China.
Additionally, let's compare the two things in question here... LOA93 and PHX housing.
LOA93 is a fact of life. It is not speculation of a future event. It exists each and every day for the east. It is a tangible number. First all you have to do is multiply the hours you fly by the difference between your pay rate and the west for starters, assuming pay parity. Then you could also speculate a reasonable increase above that to represent an industry average contract. You then have the number of dollars and cents each and every east pilot has forgone and continues to forgo each and every day. That is real actual, undisputed fact.
PHX housing problems only will effect a west pilot at some possible future point that they are forced to sell their property. Many many variables that are undetermined. How many years until retirement? What wil the housing market look like in 15 years? 20 years? 25 years? what do past trends along those time lines tell us? Maybe they just won't sell, and stay put in order to not realize the paper loss. It is impossible for you or anyone else to speculate the amount of pain and suffering the PHX housing market will generate at some theoretical future time.
So comparing your current factual, industry bottom pay, benefits, and work rules, to some future pain and suffering in the PHX housing market is comparing apples to oranges. Your pain (or need to adjust lifestyle, pain may not be the best description) is here and now, and will continue. Theirs may or may not ever materialize. Who is worse off?
You may still want to come up with a backup slight against the west.
Here's an idea... let's just ask the west pilots out there? Any west pilots who live in or near PHX... are any of you underwater, facing unmanageable mortgage increases, worried about your house being foreclosed on, or affecting your ability to retire any time soon? Is it creating pressure for you to accept DOH so you can get a raise? Are you feeling the pain day to day with your finances or budget do to your current home value? Anyone? Serious questions.
as a side observation, this reminds me so much of the west saving east argument. The East was ACTUALLY bankrupt with no financing to emerge stand alone, and days from missing payroll and CH7 liquidation. Fact. Game over. Not in dispute. The west was somewhat profitable, paid back their ATSB loan, hiring, and had rough seas ahead, with a CEO who claimed after the fact that they would be in trouble at some unknown future date... maybe... based on unknown variables like maybe a competitor liquidating. Once again a apples and oranges comparison. We are gone -vs- we might be gone someday, maybe. Am I the only one who sees the similarities to Swan's LOA93 - vs - PHX housing decline argument?