Pinnacle asking 7% from pilots
12-20-2011, 05:07 AM
#51
Gets Weekends Off
Joined APC: Oct 2005
Position: A320/321 FO
Posts: 1,114
"TAKE IT BACK" - Just a fun song by our friend Jimmy Buffett to lighten up the mood...
Jimmy Buffett-Take It Back -Live- Jan 87 - YouTube
Jimmy Buffett-Take It Back -Live- Jan 87 - YouTube
12-20-2011, 05:47 AM
#52
Gets Weekends Off
Joined APC: Mar 2008
Position: Assistant Greens Keeper
Posts: 1,011
Im starting to think SM knows we will give him nothing and in turn will blame the whole BK on the pilots.
This thing is looking like another sham BK so Delta can start pulling 50 seaters. Then they will blame the company's demise and furloughs on us also.
This thing is looking like another sham BK so Delta can start pulling 50 seaters. Then they will blame the company's demise and furloughs on us also.
12-20-2011, 05:57 AM
#55
Gets Weekends Off
Joined APC: May 2010
Posts: 298
Pinnacle doesn't need to declare bankruptcy. They are going through a bunch of ONE time costs associated with this mega merger. Notably training AND millions in bonuses paid to departing executives.
Is your airline operationally profitable? Yes I believe it is. What has happened is Pinnacle isn't making as much profits as it has in the past and that will upset Wall Street since they always want increasing profits. The only way increasing profits will happen for a regional now is through cutting costs and the only real easily controllable cost is labor. They can try and renegotiate some leases but labor is and always has been the easiest target.
Don't give in to them because in two maybe three quarters time Pinnacle will be net profitable again regardless of your concessions. You just spent 10 years fighting for this contract, don't roll over now.
Every merger goes through these one time costs of integration. Delta/Northwest did and United/Continental is right now. Hundreds of millions of dollars are spent on these one time costs the difference for a company like United is that they are also generating more revenue which they can point out to Wall Street and say, "Yes our costs are high right now due to the merger expenses but our revenues have also grown."
Pinnacle doesn't have that luxury since it's revenues come from FFD contracts. There is no growth opportunity outside of securing more flying.
Sean Menke is trying to protect his job right now but in reality your company will be fine with in a year after the merger sorts itself out. Let Menke sweat it out with Wall Street, don't take money out of your pockets to make his job easier. Make him earn the ridiculous bonus he will likely reward himself when this is all done with.
Is your airline operationally profitable? Yes I believe it is. What has happened is Pinnacle isn't making as much profits as it has in the past and that will upset Wall Street since they always want increasing profits. The only way increasing profits will happen for a regional now is through cutting costs and the only real easily controllable cost is labor. They can try and renegotiate some leases but labor is and always has been the easiest target.
Don't give in to them because in two maybe three quarters time Pinnacle will be net profitable again regardless of your concessions. You just spent 10 years fighting for this contract, don't roll over now.
Every merger goes through these one time costs of integration. Delta/Northwest did and United/Continental is right now. Hundreds of millions of dollars are spent on these one time costs the difference for a company like United is that they are also generating more revenue which they can point out to Wall Street and say, "Yes our costs are high right now due to the merger expenses but our revenues have also grown."
Pinnacle doesn't have that luxury since it's revenues come from FFD contracts. There is no growth opportunity outside of securing more flying.
Sean Menke is trying to protect his job right now but in reality your company will be fine with in a year after the merger sorts itself out. Let Menke sweat it out with Wall Street, don't take money out of your pockets to make his job easier. Make him earn the ridiculous bonus he will likely reward himself when this is all done with.
12-20-2011, 06:11 AM
#56
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,787
Attention Pinnacle pilots:
It's probably safe to say that the line pilots are a resounding "not only no, but hell ****ing no!" on the topic of pay cuts, BUT MAKE SURE YOU LET YOUR MEC KNOW THAT'S HOW YOU FEEL AND THAT YOU WILL HOLD THEM ACCOUNTABLE SHOULD THEY NOT CARRY OUT YOUR WISHES. Trust me boys and girls. The only people that can screw this up for you is your own leadership.
It's probably safe to say that the line pilots are a resounding "not only no, but hell ****ing no!" on the topic of pay cuts, BUT MAKE SURE YOU LET YOUR MEC KNOW THAT'S HOW YOU FEEL AND THAT YOU WILL HOLD THEM ACCOUNTABLE SHOULD THEY NOT CARRY OUT YOUR WISHES. Trust me boys and girls. The only people that can screw this up for you is your own leadership.
12-20-2011, 07:10 AM
#59
Gets Weekends Off
Joined APC: Jul 2011
Position: Airbus button pusher
Posts: 2,448
I'd tell you to go back to your own board, but your own kind called you out and you must've got your feelings hurt.
To Saabs, he's one of those management line pilots at UPS so he's just one step away from a scab.
But seriously, you don't work here and you're always coming on and talking smack so I'm gonna ask you to kindly p!$$ off!
To Saabs, he's one of those management line pilots at UPS so he's just one step away from a scab.
But seriously, you don't work here and you're always coming on and talking smack so I'm gonna ask you to kindly p!$$ off!
If u can get me hired at ups please do so I can leave this place
12-20-2011, 07:26 AM
#60
I have shiny jet syndrome
Joined APC: Jan 2008
Position: ELACS, FACs and SECs. Who doesn't love 'em?
Posts: 984
Ask any Comair pilot, former or current, where a pay freeze and concessionary contract a year later got them.
If you give at all, they'll just keep coming back for more. It'll never be enough, so you might as well keep what you have because they're still demanding cuts from Comair guys.
If you give at all, they'll just keep coming back for more. It'll never be enough, so you might as well keep what you have because they're still demanding cuts from Comair guys.
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