AKPlacer

What do you think?

MOU savings rejected...Furlough 300 or

MOU savings accepted...No Furlough

Jonathan E

A 2nd MOU with minor contractual concessions, negoiated by our EB, not put to a vote by the membership.

(I really hope my notion is wrong but BOHICA)

UPSFO4LIFE

I think the MOU will be accepted and a furlough of some sort.

Commando

Dude, your insane. The EB does not have the power under our C&B to alter our Contract in regards to Concessions. And they would all be Recalled immediately.

Jonathan E

The EB has in past changed our contract without a vote. Namely the MD-11 IRO midterm, which led to our first MOU. They later overrode the membership for a new building. With 67% volunteerism, They might feel free to amend the contract sans vote.

The outcome is probably already known to our EB, why do you think the announcement is on Friday? I think they're working on a sales pitch.

Fly Safe

Jonathan E

PS - I'm not a new hire. where do I change this?

Dog Breath

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ERJ Jay

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FR8TFLYER

I guess that would mean that the furloughees would not have to contribute what they signed up for to the MOU, correct? Me personally, if they go that route would try to retract my contribution.

viktorbravo

Consider this. UPS claims that it costs them about 180K a year per head to keep the bottom 300 on the property. I think its probably a bit less than that, but whatever. That's 54 million a year.

The earliest UPS can furlough would be September and even then they cannot furlough all 300 in September or the MD and 744 fleets would be basically shut down.

Lets just say that they do let all 300 go in september. That would only save them 18 million for 2009. Through the MOU we came up with more than that for 2009.

Now for 2010 assume that UPS would save 54 million with 300 on the street for the full year. We probably came up with 40 million MOU dollars for 2010.

I estimate the combined 2009 and 2010 dollars from the MOU to be around 70 million bucks. If UPS could furlough all 300 in september (which they cant) they would save 72 million in payroll by the end of 2010. When you factor in training costs of a furlough the real savings number is probably significantly less than that.

Through the MOU we gave them 70 million by the end of 2010.

UPS would be insane not to take that deal.