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Old 01-27-2012, 03:26 PM
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Old 01-27-2012, 04:37 PM
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Originally Posted by Fly782
...Crj 900 and Q400 payments for the next 3 months are deferred until April...
But that's unpossible!

They said that nobody would negotiate with Pinnacle unless they could show that the pilots were willing to take cuts!
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Old 01-27-2012, 04:38 PM
  #433  
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Originally Posted by 2StgTurbine

The Q is an efficient airplane that should easily make money. It would be in the best interest for UAL to modify the contract to keep Pinnacle around because it would cost a lot more money to start up a Q400 operation at another regional. However, I cannot imagine UAL being able to comprehend the idea of paying more money upfront to save money in the future.
OR they could be hoping to cut our costs in bkrptcy thus making their lower rates more palatable.
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Old 01-27-2012, 04:51 PM
  #434  
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Originally Posted by 2StgTurbine
It is not hard to find a judge who would grant a 25% pay cut and undo the ISL.
As part of the 1113c motion, Pinnacle will need to show that pilot costs need to be reduced to maintain competitiveness. This was easy for Comair to prove, but it will be a tough argument if you are already middle of the pack.

In addition, the judge must maintain a "balance of the equities" which means in order to hit the pilots that hard, he will need to hit other work groups with equal* reductions. Will any rampers or schedulers come to work the next day after the company cuts their pay 25%?

*equal is not clearly defined, see the Comair 1113c motion for the Judge's explanation of these arguments and statutes.
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Old 01-27-2012, 06:10 PM
  #435  
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When is the pilot vote on the 7% pay reduction?

Union backing it?
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Old 01-27-2012, 06:11 PM
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Originally Posted by Gonyon1124172


OR they could be hoping to cut our costs in bkrptcy thus making their lower rates more palatable.
Man, you just sound miserable in everyone of your posts. Must be fun to fly with.

Stop being so miserable in life, you'll live longer.
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Old 01-27-2012, 07:50 PM
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Originally Posted by The Juice
Man, you just sound miserable in everyone of your posts. Must be fun to fly with.

Stop being so miserable in life, you'll live longer.
I'm passed the point of no return. I no longer care if this company survives or not.

I am not bad to fly with though. I actually am in quite a good mood when i'm doing my job. What I really need to do is stop coming on these forums and reading about this industry. thats when it all goes down hill.
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Old 01-27-2012, 11:17 PM
  #438  
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Originally Posted by Boomer
As part of the 1113c motion, Pinnacle will need to show that pilot costs need to be reduced to maintain competitiveness. This was easy for Comair to prove, but it will be a tough argument if you are already middle of the pack.

In addition, the judge must maintain a "balance of the equities" which means in order to hit the pilots that hard, he will need to hit other work groups with equal* reductions. Will any rampers or schedulers come to work the next day after the company cuts their pay 25%?

*equal is not clearly defined, see the Comair 1113c motion for the Judge's explanation of these arguments and statutes.
I'm surprised that they haven't gone back to their old jobs at popeye's yet.
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Old 01-28-2012, 04:50 AM
  #439  
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Anyone have an estimate as to how much $$ the deferred payments will save them?
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Old 01-28-2012, 05:13 AM
  #440  
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Originally Posted by Banja
Anyone have an estimate as to how much $$ the deferred payments will save them?
My guess is it is a negative number as the interest continues to acrue with no paying off of the loans.
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