Pinnacle asking 7% from pilots
12-20-2011, 07:37 AM
#61
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Joined APC: Sep 2006
Posts: 153
Keep in mind if you accept the 5% pay cut, the payroll tax cut which is about $1000 dollars a year will be expiring and taking a chunk of change out of your wallet. Plus in BK,the judge is going to whack you some more. Say hell no.
12-20-2011, 08:28 AM
#63
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Joined APC: Oct 2010
Posts: 1,432
+1. i think this is what is going on. its the backdoor way of delta getting rid of 50 seaters. according to that bloomberg article their scheduling changes cost pncl 12.7 million last year now they will dispute any request for higher payments watching the time runout for pncl. If we take cuts, they'll just drag it out longer but they will win.
12-20-2011, 08:31 AM
#64
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Joined APC: Feb 2007
Position: Left
Posts: 393
Look on the bright side guys, you probably won't have to take the wage reduction. The stock is at $0.86 right now. At this rate the stock will probably be delisted and the company crater before Sean can line his golden parachute off your backs.
12-20-2011, 09:08 AM
#66
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Joined APC: Jun 2010
Position: Doing what you do, for less.
Posts: 1,792
12-20-2011, 09:41 AM
#68
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Joined APC: Dec 2007
Posts: 691
+1. i think this is what is going on. its the backdoor way of delta getting rid of 50 seaters. according to that bloomberg article their scheduling changes cost pncl 12.7 million last year now they will dispute any request for higher payments watching the time runout for pncl. If we take cuts, they'll just drag it out longer but they will win.
On another note, staring a furlough in the face I want to make as much money as I can before going on unemployment. Taking a pay cut now means that my unemployment amount is based on less pay, like maxing out a pension, the more money you make now the more you'll get from unemployment.
12-20-2011, 09:57 AM
#70
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Joined APC: Nov 2009
Position: AN124 FE
Posts: 1,226
I would agree with this if I knew this would work for sure. But will it work? 9E doesn't lease the planes, Delta does. If Pinnacle declares Delta can pull the flying, from what I understand, but Delta is still stuck with the plane leases. Wouldn't Delta have to declare bankruptcy to get out of the leases?
On another note, staring a furlough in the face I want to make as much money as I can before going on unemployment. Taking a pay cut now means that my unemployment amount is based on less pay, like maxing out a pension, the more money you make now the more you'll get from unemployment.
On another note, staring a furlough in the face I want to make as much money as I can before going on unemployment. Taking a pay cut now means that my unemployment amount is based on less pay, like maxing out a pension, the more money you make now the more you'll get from unemployment.
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