Atlas / Southern
10-26-2019, 04:32 PM
#422
Gets Weekends Off
Joined APC: Apr 2012
Position: I will be in the right bunk.
Posts: 203
"The purpose of those 1.5 million retention bonuses for the execs if they stay till Dec 2021 is becoming more clear."
I have seen this happen before at my previous airline. Certain executive positions have to be filled before a company can come out of bankruptcy. Otherwise why would they offer this money to these executives?
BayBum
I have seen this happen before at my previous airline. Certain executive positions have to be filled before a company can come out of bankruptcy. Otherwise why would they offer this money to these executives?
BayBum
10-26-2019, 04:39 PM
#423
Gets Weekends Off
Joined APC: Jun 2008
Posts: 2,934
Hello Guys, the last company thread is current closed.
I got an offer to fly the 737 for Southern Air...not sure what do to
2000 TT, 500 Turbine SIC, college degree, no skeletons in closet and no red flags (I hope so)
I'm at a whole owned forever on reserve commuting...what kind of gets old, however if everything works out I should have a spot on AA in 10 years lol.
I'm a little familiar to ACMI operations...and the lack of operations some times. I'm trying to evaluate my decision...also, they told me the 737 is CVG based...so should I suppose is not a commutable position?? Home based like the 777 would for sure be a huge advantage.
Also, not sure if the pay would be really a raise...is it possible to fly above guarantee? What about upgrade times?
Anyone could help me to make an educate decision?
I'm aware of the current Atlas situation and the lack of a contract...not sure if it's a good bet going there hopping for an improvement soon
I got an offer to fly the 737 for Southern Air...not sure what do to
2000 TT, 500 Turbine SIC, college degree, no skeletons in closet and no red flags (I hope so)
I'm at a whole owned forever on reserve commuting...what kind of gets old, however if everything works out I should have a spot on AA in 10 years lol.
I'm a little familiar to ACMI operations...and the lack of operations some times. I'm trying to evaluate my decision...also, they told me the 737 is CVG based...so should I suppose is not a commutable position?? Home based like the 777 would for sure be a huge advantage.
Also, not sure if the pay would be really a raise...is it possible to fly above guarantee? What about upgrade times?
Anyone could help me to make an educate decision?
I'm aware of the current Atlas situation and the lack of a contract...not sure if it's a good bet going there hopping for an improvement soon
10-26-2019, 04:47 PM
#424
Gets Weekends Off
Joined APC: Jul 2017
Posts: 1,398
The union, ground staff ie station managers and other sources. 10 aircraft transfers has been rumored but recently heard we may only be keeping the 767 pax aircraft. All the Amazon west coast flying seems to be going away after 4th qtr. The company released a lot more vacations next year on the 767 that they were holding back slots in anticipation of the cuts in block hours. Pilots are the new currency and Atlas will NOT pay for that coin.
The purpose of those 1.5 million retention bonuses for the execs if they stay till Dec 2021 is becoming more clear.
The purpose of those 1.5 million retention bonuses for the execs if they stay till Dec 2021 is becoming more clear.
10-26-2019, 05:00 PM
#425
Gets Weekends Off
Joined APC: Jun 2017
Position: 777 Left window seat
Posts: 680
What hasn’t been discussed is whether DHL will keep any Atlas 747-400s operating for them beyond 2020? I’m not sure what the current mix is between -8s and 400s. Furloughs next year are not out of the question.
10-26-2019, 09:16 PM
#427
Line Holder
Joined APC: Apr 2016
Position: 747 CA
Posts: 57
"The purpose of those 1.5 million retention bonuses for the execs if they stay till Dec 2021 is becoming more clear."
I have seen this happen before at my previous airline. Certain executive positions have to be filled before a company can come out of bankruptcy. Otherwise why would they offer this money to these executives?
BayBum
I have seen this happen before at my previous airline. Certain executive positions have to be filled before a company can come out of bankruptcy. Otherwise why would they offer this money to these executives?
BayBum
A Judge during a bankruptcy would have to approve all new compensation packages (KEIP) for the executives and legal teams.
Section 11, § 503(c)...
10-27-2019, 07:05 AM
#429
Gets Weekends Off
Joined APC: Jul 2017
Posts: 1,398
Honestly, I don't think there's a problem with the individual leaders involved. Individually all these people are rational and generally moral. How we all come together to build a system that can't even deliver or even start to push for a LOSA program after is really troubling.
Do we have too much cheerleading going on to maintain a dysfunctional status quo in flight operations? Are people afraid to speak up?
I
10-27-2019, 10:18 AM
#430
Gets Weekends Off
Joined APC: Jan 2013
Position: Captain
Posts: 130
It doesn't take that long to enact corrections, though. The lack of action on general and predictable safety issues is more troubling than the delay on the report. There's some sort of log-jam even in delivering basic and easy improvements that we really need to get on.
Honestly, I don't think there's a problem with the individual leaders involved. Individually all these people are rational and generally moral. How we all come together to build a system that can't even deliver or even start to push for a LOSA program after is really troubling.
Do we have too much cheerleading going on to maintain a dysfunctional status quo in flight operations? Are people afraid to speak up?
I
Honestly, I don't think there's a problem with the individual leaders involved. Individually all these people are rational and generally moral. How we all come together to build a system that can't even deliver or even start to push for a LOSA program after is really troubling.
Do we have too much cheerleading going on to maintain a dysfunctional status quo in flight operations? Are people afraid to speak up?
I
Our execs are now like the autopilot to keep the company straight and level until the fuel runs out. It appears their only goal is to make it to the point where they can fragment AAWH profitably. Since they already know a pilot group ( or a much smaller one ) will not be needed in the future, why spend money, time and manpower now to make needed safety improvements?
The company set the example when they fired that Captain from his instructor position for giving factual testimony in court about fatigue calls which brought to light that the company was cherry picking and twisting fatigue delays to make it appear the pilots were engaged in an illegal work slowdown. The company won the overall case anyway but one of our best instructors still got canned...as a message to anyone who dares speak up. Even though the union got his position back after 7 months the middle managers aren’t going to fall on their swords and lose their livelihood.
They’ll be no long term repercussions from the accident. Sure AAWH may be excoriated in the final report, but as it appears we’ll be losing major flying anyway due to lack of crew a financial hit will be minimal. By the time the report comes out the shareholders will have the stock down in the single digits. Any lawsuits will be settled out of court.
Last edited by Turbine1; 10-27-2019 at 10:40 AM.
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