US Pilots Labor Discussion

[lynyrdskynyrd]

Holly "hate em' all except SWA"

RR
[/quote

I'll withhold my useless commentary about the rest but I'll comment on Holly. I was dumb enough to subscribe in the late 90s, until I figured that I could do what she did. 'Bill Franke bad, Herb Kelleher good. Blah blah blah.'

 

[HPearlyretiree]

Well actually since there are, for your lack of understanding, anything but your ability to achieve anything but mediocrity in this life, 365 days in a year, yes days away, never said how many, but then for you, way beyond your comprehension! MM! But as a lonely AWA mngmnt employee it doesn't shock any of the EAST!

Sometimes its better not to answer, than to make a really stupid answer like that. Yeah, compared to the history of the earth, 6 weeks is but a fraction of a second. But, when you said that the answer was coming within days, that would mean, literally, within a few days.

Are you EVER right?

 

[BLT]

Well actually since there are, for your lack of understanding, anything but your ability to achieve anything but mediocrity in this life, 365 days in a year, yes days away, never said how many, but then for you, way beyond your comprehension! MM! But as a lonely AWA mngmnt employee it doesn't shock any of the EAST!

Why do you yell "MM!" in the middle of all your posts? BLT!

 

[traderjake]

Why do you yell "MM!" in the middle of all your posts? BLT!

Tourette syndrome.

 

[Phoenix]

Holly "hate em' all except SWA" at Planebusiness attributed one of the reasons for the filing to the large number of pilots trying to retire in December.

I hope all that wanted to go are able to do so with full benefits.

Does anyone know how much the pension fund, for lack of a better word, helps the company's liquid cash position? I am asking. I suspect the answer is a great deal, thus the phrase "raiding the pensions."

Many have said it today, but I also hope discussions here about how the AA BK effects US Airways do not imply any lack of concern for those in the crosshairs. U/AWA and AMR may or may not end up together, but either way all our futures are now changed.

As to the comments about DOH and AMR, many of you are way ahead of events. DOH will indeed work just fine in ANY merger, with the proper fences and restrictions.

Watch and learn.

RR

Another board says employee pension obligations were up to 4 or 5 times the 4B they have in cash. But that info is worth what we paid for it.

 

[MUTATIS MUTANDIS]

Sometimes its better not to answer, than to make a really stupid answer like that. Yeah, compared to the history of the earth, 6 weeks is but a fraction of a second. But, when you said that the answer was coming within days, that would mean, literally, within a few days.

Are you EVER right?

I see the village idiots were out partying, probably with DUI DOUG last night! HR must be so sressful!

 

[Iclubbabyseals]

That would be similiar to US when it entered BK II. A pension contribution was coming up,

I believe USAir entered BK 1 around August of 2002 and, I think, exited around the ides of March in 2003. The pilot's pension was given away, thanks ALPA, on March 31, 2003. A pension payment of $20 million was allegedly due in May of 2003.

In August of 2003, per Financial Times, the executives awarded themselves a bonus of $25 million. I wonder where they got that bonus money. Can you say, ALPA was punked?

It was September of 2004 when USAir entered BK 2, several months after Mr. $10 million a year negotiating consultant stated that they needed BK 2 in order to pick over things they left on the table from the first time (I guess they wanted those baubles they left behind on the first smash and grab).

 

[prechilill]

[/quote

I'll withhold my useless commentary about the rest but I'll comment on Holly. I was dumb enough to subscribe in the late 90s, until I figured that I could do what she did. 'Bill Franke bad, Herb Kelleher good. Blah blah blah.'
[/quote]


So true, I subscribed for about 9 months- never got a refund on the last three months when I unsubscribed. The lady is a dingbat, ex flight attendant who subsists off her brother's rumors from SWA. And she's great friends with Elise Ebberwien! (Also a former FA).

 

[HPearlyretiree]

I see the village idiots were out partying, probably with DUI DOUG last night! HR must be so sressful!

Get some new material Carrot Top.

Stale...

 

[MUTATIS MUTANDIS]

Get some new material Carrot Top.

Stale...

http://www.heraldsun.com.au/news/breaking-news/us-airways-refuses-to-give-refund-to-terminal-cancer-patient/story-e6frf7jx-1226210324895 Here is something new for your POS MNGNT STYLE , Still HUNGOVER ? http://newyork.cbslocal.com/2011/11/29/us-airways-denies-refund-for-stage-4-cancer-patient/

 

[MUTATIS MUTANDIS]

http://www.msnbc.msn.com/id/17067903/ns/business-us_business/t/us-airways-ceo-arrested-dui-charge/ Now on this one substitute the phrase "AMR" for "DELTA" and change the date to the future and BAZINGA, a fortune teller!

 

[Iclubbabyseals]

http://www.msnbc.msn.com/id/17067903/ns/business-us_business/t/us-airways-ceo-arrested-dui-charge/ Now on this one substitute the phrase "AMR" for "DELTA" and change the date to the future and BAZINGA, a fortune teller!

That is new material.

I hope he doesn't kill someone this time.

 

[BoeingBoy]

I believe USAir entered BK 1 around August of 2002 and, I think, exited around the ides of March in 2003. The pilot's pension was given away, thanks ALPA, on March 31, 2003. A pension payment of $20 million was allegedly due in May of 2003.

In August of 2003, per Financial Times, the executives awarded themselves a bonus of $25 million. I wonder where they got that bonus money. Can you say, ALPA was punked?

It was September of 2004 when USAir entered BK 2, several months after Mr. $10 million a year negotiating consultant stated that they needed BK 2 in order to pick over things they left on the table from the first time (I guess they wanted those baubles they left behind on the first smash and grab).

Believe it or not, everything doesn't revolve around the pilots. In I believe September/October 2004 a pension contribution was due for the FA and I think the IAM pension funds. That payment was the one that triggered BK II. The DB pensions of the other employee groups that had DB pensions were some of those "baubles" you dismiss so easily...

Jim

 

[BoeingBoy]

Another board says employee pension obligations were up to 4 or 5 times the 4B they have in cash. But that info is worth what we paid for it.

Pension obligations aren't the same as required annual payment, if you were referencing RR's question. The first is a total underfunding, the second is the amount the annual contribution needs to be to make up for the shortfall in the number of years required by the feds. Sorta like buying a car with borrowed money - the outstanding balance of the loan is a lot greater than the required monthly payment when you drive the new car home.

Remember that US and it's pilots lobbied for more time to make up the funding shortfall and a longer period eventually passed congress I believe, but too late to help with the US pensions.

Jim

 

[Pi brat]

Believe it or not, everything doesn't revolve around the pilots. In I believe September/October 2004 a pension contribution was due for the FA and I think the IAM pension funds. That payment was the one that triggered BK II. The DB pensions of the other employee groups that had DB pensions were some of those "baubles" you dismiss so easily...

Jim

It's amazing how time blurs things as I didn't remember any DB plans making it through BK I.