Originally Posted by aa73

Lear, 7 concessions total. Some are less than others.

1) HBT give to the company (pilots can now acclimate overseas on local time instead of home base time - allows the company to schedule overseas routes more efficiently. Valued at around 300 extra pilots jobs)

2) combining Intl/Domestic ops (more scheduling efficiency for the company - negligible effect on pilots)

3) changing reserve availability from "reasonable available" to "promptly available" (negligible effect, but if it's the same why the change?)

4) relief to the company from "Cadillac tax" issue coming up in 2018. (Perhaps the biggest concession, as it potentially allows the company to change/terminate two of our health plans to avoid the tax, if we can't come to an agreement and the arbitrator times out. However, the question remains as to whether this tax will eventually get repealed by whatever administration is in office by then, and also, APA expects to come to an agreement with the company over this issue. Furthermore, all airlines will have to face it. So, it's a big question mark right now.)

5) contract extension for one year, with a 3% raise attached to that

6) midnight sims for landing currency (gives the company to schedule landing currency sims between midnight and 0400, but only if daytime sims cannot be accommodated.)

7) multiple month bids vs monthly bids. (allow the company to only run a vacancy bid every few months instead of our current practice of every month. )

Originally Posted by eaglefly

It'll be funny to watch so many dopes jack themselves into new toys and debt. Not me, I'm a saver. I like the "tortoise and hare" story and when 2020 gones around and the majority are even more vulnerable and dependent, I plan to be the opposite.

I know I can count on most of my felliow pilots to be........well, pilots. It's a major reason why I expect a complete redeux in 2020 when the majority go for quick $$$. Looking forward to the mayhem and chaos.

Originally Posted by sailingfun

Just curious at what point you will start to enjoy what you are earning. I have known many savers who saved right up until they died or were to old to enjoy what they had saved for. I put away what is needed for retirement but freely enjoy the rest. I spent a ton of money when my kids were at home on great vacations ect.. Never regretted any of that spending. Not really into saving for big things when I am old and in a wheelchair.

Originally Posted by eaglefly

Oh, I'm not above enjoyment. I've owned planes, boats and have a very nice car that isn't driven in winter. I also have mid 7 figures in investments and zero debt. The point is that should the house come tumbling down here (or the debt ridden pilots gut it further ), I don't plan to be among the sobbing casualties, that's all.

American Airlines (or ANY airline) is a risky financial lifeboat and considering this pilot group, especially so. By 2020, I'll be comfortable with my financial situation enough to give Doug whatever he desires for a few extra bucks of gravy, because it will ALL be gravy at that point. I plan to coast then, sit back and enjoy the next silly contract show with no worries at all. Right now, most AA pilots are financially intoxicated and are oblivious that this industry can change for the worse..........much worse overnight. But hey........if pilots were not so myopic and short-sighted, well.......they wouldnt be airline pilots in the first place !

Originally Posted by Seventhreecapt

Passed 66-34, 94 percent voter turnout

Originally Posted by lear700pilot

Agreed!

Airlines are seeing up times now, but rest assured there will be down times to come - hope not anytime soon. Just like the market it goes up and down, but looking at airline cyclical changes it's really up and down. Something to be said about the person with no debt. Like Dave Ramsey says "live like no one else today so you can live like no one else tomorrow".

Originally Posted by flyinawa

Must be an Eagle thing. I drive a 15 y/o pickup and a 25 y/o motorcycle. After years of not being able to afford to pay someone else to do it, three years ago I replaced truck's front wheel bearings and the entire front brake system by myself. I guess I've developed some angst paying someone to do the things I can do myself.

I buy what I need without a second thought but rarely buy what I "want". My wife, on the other hand, does not suffer from this affliction.

Originally Posted by dash8

lol, being a lil generous with the bikes status aren't you?

Originally Posted by flyinawa

Must be an Eagle thing. I drive a 15 y/o pickup and a 25 y/o motorcycle. After years of not being able to afford to pay someone else to do it, three years ago I replaced truck's front wheel bearings and the entire front brake system by myself. I guess I've developed some angst paying someone to do the things I can do myself.

I buy what I need without a second thought but rarely buy what I "want". My wife, on the other hand, does not suffer from this affliction.