sizzlechest

[judge Smails voice...] weeeeellllllll, we're waiting!!! Or is it, "a Republic pilot"?

[

Emb170man

....Doctor

FAULTPUSH

What universe do you live in? You make absolutely no sense.

I got a thank you today from a flight attendant.

Killer51883

I guess they missed the part of the last update where if the FAPA group approved cuts, the other employee groups would be forced to take cuts as well. Let me know if they say thank you when their pay is put on the same scale as RAH flight attendants.


By the way, what is the new vacation/sick time policy and your new 401k matching? Also what details have been provided about the stock options.

eaglefly

At least if this doesn't work (which it almost certainly will not), this will put management in a very good position where they can get more approved cuts next year (thus officially declaring themselves a "regional airline") and feed one of the majors using E-jets.

One of the moderators might as well transfer this thread over to the regional section now...........

FAULTPUSH

The flight attendants just have to say no and they won't get any cuts to their pay rates. The flight attendant sitting next to me said she was under no illusions that they would get their 10% back.

hockeypilot44

Nobody on here gives a crap about a thank you note from a flight attendant. We care about pay and days off. We also care about retirement and scope. That's about it.

Mulva

In reality, you all should be complaining about the "pay cuts" and other concessions we agreed to during BK. They were much more concessionary and difficult to swallow than this current LOA. We took a 10% cut off of our CBA rates. And FAPA should get credit for their foresight in ensuring to negotiate language that would return ALL concessions through a series of snapbacks which are nearly complete. We took one for the team, but not forever. But, no matter how you want to look at it, yes we did take a temporary 10% pay cut, and none of us really liked it. Our 401K match has been at pre BK concession level for nearly 18 months if I am not mistaken. Our pay is 2 small snapbacks away from pre BK concession levels (next month and end of this year). Give us hell for temporarily "cheapening" the profession. We deserve it! At least it was temporary and we are still here. We've been living on the edge of extinction for 4 years now? You all love to point out that we wouldn't even exist today if RAH hadn't saved us. We have had no illusions of working for a viable or profitable entity for the better part of the last 5 years. The fact is, today we are nearly back to our CBA rates which no one really seemed to think were cheapening the profession when they were originally negotiated as significant improvements to what we had before. Not even close to the best, but rates that were in place the day I came to work here.

We just passed an LOA (overwhelmingly) that agreed to a reduction of our CBA rates by exactly 0%. This one is easy compared to what we took in BK. Just to let you know, after having voted yes twice in the past 5 years to concessionary agreements, I (and many other F9 pilots) were in no mood to take another pay cut. We all understand that the money saved through our concessions will not make or break the company financially. I would have voted NO had this LOA resulted in a decrease of my rate by a penny. But it didn't. It's deferring a few things, giving a temporary break to some 401K matching, messing with my sick and vacation accrual in a minimal way. i should still be able to turn a 6 or 7 day block of vacation into 19 days off in row just like I would with a 7 or 8 day block.

Basically, the BK cuts cheapened the profession WAY more than the current concessions. Anyone with a single brain cell, and any business sense, should be able to do the research and understand that Frontier is not long for this world without some significant restructuring, and I don't care how much money the rest of the industry is or isn't making. WE are currently losing a $h!+load of money. Someone needs to be convinced to pump $70M-$100M into the operation, others need to be convinced to restructure RAH financial obligations to them, all in an effort to attempt to ensure viability rather than liquidation. Investors aren't usually all that excited to pump money into a business that is burning down. That is why the RAH BOD and significant stakeholders are requiring certain measurable targets of progress to be achieved before committing to what is essentially a huge risk. There is no certainty that any of this is going to work and F9 may still be liquidated in a year or so, with that much more time to lose those precious FFD dollars. It is probably a safer bet for the RAH BOD to demand liquidation now and get on with the future. But, your boy BB has somehow managed to convince them, and Airbus and GE Capital and a handful of other stakeholders that he "has a plan". That alone, is a remarkable success for BB. He has nearly convinced everyone to "hang in there" all the while pumping more money into an operation that has historically proven its ability to lose money. Maybe he sees something that all of us don't. We'll need to wait and see on that.

If I were asked to risk $70M to $100M in the F9 operation I would fall over in laughter. But if someone is willing to do that and requires that the F9 pilot group prove they are an asset vs. a liability by deferring some pay, taking a temporary 401K company match cut, and tweaking our sick and vacation days, I'm all for it. We've been through a lot here, but evidently not as much as you. Our brains still seem to function normally. We realize how fortunate we are to still have this job. There are a lot of furloughed pilots still out there on the street, many of whom would probably be happy earning $90K (FO) with 17 days off a month while biding their time. I'm lucky I'm not one of them. So again, I am more than willing to take what amounts to a relatively insignificant hit (temporarily) to help ensure the other major stakeholders remain committed to Frontier. Without their commitment, it is over. Plain and simple OVER!

eaglefly

So you're validating the current round of voluntary concessions as much better then those previously forced upon you.

Well, hopefully the other regionals won't catch the same disease.

Dirty Rat

I would say your brain is as stupid as your entire pilot group. You guys can't see, and refuse to see, that the end is coming. Sooner than you think. What do you think Seabury is on the property for? Doing an invetory list of the supply closet? No. They are there to eliminate you and your pay scale and replace you with Republic Trash. The way you guys are caving, due to your spineless union, I predict you will start losing seats by September with a full phase out by this time next year. I'll enjoy the show so please keep crying and trying to convince us you are really making money instead of being BB's slut.