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Old 01-24-2012, 07:54 PM
  #391  
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Originally Posted by gonyon
well if you're gonna jump might wanna do it before everyone else is competing with you!
And so brings up another very good point!
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Old 01-24-2012, 07:57 PM
  #392  
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Word to the wise...at XJT we took concessions in 2008 with a snapback provision.
Well, we're still waiting for the snapback and will never see it now with the ASA merger.
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Old 01-24-2012, 08:34 PM
  #393  
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Time to change the title of the post to 7 percent.
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Old 01-24-2012, 08:49 PM
  #394  
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So is the company paying PT his consulting fees for the chap. 11 court date, what a joke, it would almost be funny if it wasn't criminal. I agree with everyone on here, take no concessions because they'll happen on their own anyway during chap. 11 proceedings, so we can continue to enjoy our current pay until further notice. Well now we know why that coward and criminal Phil Trenary escaped the company like the rat that he is.
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Old 01-25-2012, 04:21 AM
  #395  
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Originally Posted by Skypilotsv1984
That is exactly the dilemma I'm having. I feel that the right choice is to jump ship but I really don't want to start all over again for the 3rd time, however if this place implodes I won't have a choice. So the question is: jump ship or ride it out?

It is hard see from your perspective right now but PNCL is not going to implode. Managements number one job right now is to spread as much doom and gloom as they can. The more your employees eat up the doom and gloom the more successful management is.....and hence the bigger bonus they will get in the end. PNCL will be fine. All non-union groups will take a small paycut, some contracts with all sorts of suppliers will be renegotiated and pilots will take a cut depending on how good management can turn your MEC and young inexperienced pilots agianst your contract. Which everyone know you guys are overpaid and driving the company into bk.
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Old 01-25-2012, 04:43 AM
  #396  
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Originally Posted by Imapilot2
It is hard see from your perspective right now but PNCL is not going to implode. Managements number one job right now is to spread as much doom and gloom as they can. The more your employees eat up the doom and gloom the more successful management is.....and hence the bigger bonus they will get in the end. PNCL will be fine. All non-union groups will take a small paycut, some contracts with all sorts of suppliers will be renegotiated and pilots will take a cut depending on how good management can turn your MEC and young inexperienced pilots agianst your contract. Which everyone know you guys are overpaid and driving the company into bk.
I disagree Ima...I think we could see another wholly owned comair situation with pncl.They file bankrupcty,shrink the heck out of it,give flying to sub-contractors,clean up some of the debt on books.
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Old 01-25-2012, 06:09 AM
  #397  
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Originally Posted by tim123
I disagree Ima...I think we could see another wholly owned comair situation with pncl.They file bankrupcty,shrink the heck out of it,give flying to sub-contractors,clean up some of the debt on books.
Who would they give it to? Pinnacle if one of the cheaper airlines, if not the cheapest.
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Old 01-25-2012, 06:25 AM
  #398  
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Originally Posted by tim123
I disagree Ima...I think we could see another wholly owned comair situation with pncl.They file bankrupcty,shrink the heck out of it,give flying to sub-contractors,clean up some of the debt on books.
Delta has taken 6 years to scroo with Comair and they're not done yet. You guys have lots of time to vote NO and see what happens. Or vote YES and see what happens and have 7% less money while you wait.

The only problem is if you wait a year, and another year, then another year, waiting for "the ship to right itself". And before you know it, you've been a regional FO for a decade, your kids are grown, and your wife has left. So keep that in mind.
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Old 01-25-2012, 07:27 AM
  #399  
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Fixing liquidity through wage concessions won't prevent bankruptcy. And 7% isn't all that were going to get cut in bankruptcy. Obviously this is a move inspired by our delightful seabury friends to double dip.

Also I heard a fascinating rumor about 700 furloughs, hope it's just a rumor.
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Old 01-25-2012, 07:46 AM
  #400  
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Originally Posted by Deice Press
Fixing liquidity through wage concessions won't prevent bankruptcy. And 7% isn't all that were going to get cut in bankruptcy. Obviously this is a move inspired by our delightful seabury friends to double dip.

Also I heard a fascinating rumor about 700 furloughs, hope it's just a rumor.
just about the total size of the colgan portion of the company. coincidence?
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