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Old 02-20-2024, 01:33 PM
  #361  
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Originally Posted by dracir1
This airline won't make it to 2030 if in 2026/7, the pay rate lags.
If your future TA 1 isn't a home run (and gets voted down)then this timeline will be blown out of the water in terms of 2026 pay rates.
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Old 02-20-2024, 01:54 PM
  #362  
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Originally Posted by Shrek
If your future TA 1 isn't a home run (and gets voted down)then this timeline will be blown out of the water in terms of 2026 pay rates.
That has to be factored in...

The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention.

CASM is one thing. But RASM is another.
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Old 02-20-2024, 02:08 PM
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Originally Posted by dracir1
That has to be factored in...

The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention.

CASM is one thing. But RASM is another.
It’s not locked it. Rates increase over 3 years starting amendable date. Every day indigo holds out they save whatever that difference is. Now that difference will need to be captured with retro. Meanwhile they can use that savings and get a 5% rate of return guaranteed worst case. They save nothing by paying now. They lose millions annually.
Management would be fired immediately if they were to agree to proposed rates day one with nothing to show for it.
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Old 02-20-2024, 02:33 PM
  #364  
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Originally Posted by dracir1
That has to be factored in...

The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention.

CASM is one thing. But RASM is another.
First you're going to have to convince them which rates because per BL our peers are "Allegiant, Spirit & Sun Country" and not the legacies.
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Old 02-20-2024, 03:32 PM
  #365  
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Originally Posted by planejoe
First you're going to have to convince them which rates because per BL our peers are "Allegiant, Spirit & Sun Country" and not the legacies.
It’s almost like someone didn’t read or understand market rate adjustment language in the proposal. Just giving you a hard time dracir1 but seriously that’s a tired suggestion that just isn’t reality.
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Old 02-20-2024, 04:52 PM
  #366  
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Originally Posted by dracir1
That has to be factored in...

The pay tables for the Big 4 are out there until 2028. The longer the negotiations, the higher the rates. It's simple math (and time) formula. If Indigo was smart, they'd TA section 3 NOW while rates are lower. Prolonging saves money on labor costs but also decreases retention.

CASM is one thing. But RASM is another.
And in 2028, Big 4 will be working on their next round of new pay rates. Meanwhile, we will have "arrived" to our agreement (not matching Big-4 by the way...) of "better than now, but sub-Big 4" rates.

With the arrangment above, Frontier will ALWAYS be lagging Big-4. F9 "today contract" will always be "yesterdays Big 4" rates.

Is that what we want?
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Old 02-21-2024, 06:14 AM
  #367  
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Originally Posted by hercretired
And in 2028, Big 4 will be working on their next round of new pay rates. Meanwhile, we will have "arrived" to our agreement (not matching Big-4 by the way...) of "better than now, but sub-Big 4" rates.

With the arrangment above, Frontier will ALWAYS be lagging Big-4. F9 "today contract" will always be "yesterdays Big 4" rates.

Is that what we want?
Did you notice that the union put into the proposition that we want a 3 year contract cycle? Trying to get us closer to the rest of the industry's cycle.
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Old 02-21-2024, 09:52 AM
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Originally Posted by spooldup
Did you notice that the union put into the proposition that we want a 3 year contract cycle? Trying to get us closer to the rest of the industry's cycle.
3 years is certainly nice. But, without snap up language and retro I feel it might be slightly toothless.
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Old 02-21-2024, 10:19 AM
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Originally Posted by HSCompressor
3 years is certainly nice. But, without snap up language and retro I feel it might be slightly toothless.
luggageyeah, I hope to see that in our next contract, no way I want to be behind everyone with no snap up language. Especially in today's day and age.
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Old 02-23-2024, 09:32 AM
  #370  
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An update to this, looks like Lynx just announced it's shutting down. Again, it's partially owned by Indigo.
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