Originally Posted by Calvert

Where is the info on Long Call Reserve. Having trouble finding specifics.

Originally Posted by phalanxo

That just says "parties will meet and work it out", though, essentially... What did they work out?

Originally Posted by Crucero

For those that are based in LAX but live outside California..are you taxed by California on your pay checks?

Originally Posted by Calvert

Where is the info on Long Call Reserve. Having trouble finding specifics.

Originally Posted by tunes

No


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Originally Posted by TallWeeds

Learn and understand LOA 2014-07 well. I had long call for two straight months and they tried to give me a few illegal assignments. Don't be afraid to stand your ground.

Originally Posted by notEnuf

From 10-K:


Contingencies Related to Termination of Contract Carrier Agreements




We have two agreements with Shuttle America that relate to its operation of Embraer 145 and Embraer 170/175 aircraft under capacity purchase agreements. The Embraer 145 aircraft were operated by Chautauqua Airlines at December 31, 2014 and assigned with our consent to Shuttle America in January 2015. By providing required advance notice, we may terminate the Embraer 145 agreement without cause at any time. Similarly, we may terminate the Embraer 170/175 agreement without cause at any time after January 2016. If we terminate either of the agreements without cause, Shuttle America has the right to (1) assign to us certain leased aircraft that the airline operates for us, provided we are able to continue the leases on the same terms the airline had prior to the assignment and (2) require us to purchase or lease certain of the aircraft the airline owns and operates for us at the time of the termination. If we are required to purchase aircraft owned by Shuttle America, the purchase price would be equal to the amount necessary to (1) reimburse Shuttle America for the equity it provided to purchase the aircraft and (2) repay in full any debt outstanding at such time that is not being assumed in connection with such purchase. If we are required to lease aircraft owned by Shuttle America, the lease would have (1) a rate equal to the aircraft-related debt payments of Shuttle America as if 90% of the aircraft was financed by Shuttle America and (2) other specified terms and conditions. Because these contingencies depend on our termination of the agreements without cause prior to their expiration dates, no obligation exists unless such termination occurs.




We estimate that the total fair values, determined as of December 31, 2014, of the aircraft Shuttle America could assign to us or require that we purchase if we terminate without cause our contract carrier agreement are approximately $111 million with respect to the Embraer 145 aircraft and $290 million with respect to the Embraer 170/175 aircraft. The actual amount we may be required to pay in these circumstances may be materially different from these estimates. If Shuttle America exercises this right, we must also pay Shuttle America 10% interest (compounded monthly) on the equity it provided when it purchased the aircraft. These equity amounts for the Embraer 145 and the Embraer 170/175 aircraft total $25 million and $52 million, respectively.

Originally Posted by Scaniaflyer29

http://www.airlinepilotforums.com/ne...eply&p=2032908

So those rumors that keep going around about more potential planes. I found an interesting conversation when I was looking at what the Delta pilots are saying about their E190's that have been reordered. They essentially were talking for a little about any potential for 170's to make there way on to Delta property someday and how soon that could potentially happen and the above quote was posted.