Pinnacle Reveals Tenuous Nature ... (Article)
#121
I know this thread has drifted somewhat to say the least. But I also have heard that Delta isn't hiring through 2013. Is this just due to over staffing or that maybe a lot of the talk about the new contract isn't living up to snuff? Not flaming. Just an honest question.
#122
Gets Weekends Off
Joined APC: Sep 2010
Posts: 2,648
It is the latest trend. It would be more helpful to look at what's going on today in this industry. In almost every case, and Delta and Northwest were no exception, the filing company had several millions they were sitting on but were loosing money. They then use the bankpuptcy process to abrogate labor contracts, get better lease terms, park airplanes etc. All to try to be more competitive. There other ways to restructure, but it appears that the choice of the times is the bankruptcy process. I agree with you that there is no easy bankruptcy button, as you say. In fact, it sometimes takes a lot of work just to be able to file. But it's the most effective choice, and it gives the company a ton of leverage.
#123
I know this thread has drifted somewhat to say the least. But I also have heard that Delta isn't hiring through 2013. Is this just due to over staffing or that maybe a lot of the talk about the new contract isn't living up to snuff? Not flaming. Just an honest question.
That certainly helps the hiring potential.
#124
Gets Weekends Off
Joined APC: May 2010
Posts: 195
I do hope mainline pilots pay more attention to scope as I want all flying to be done by mainline. Even if that means I am without an aviation job for an extended period of time. But I don't want it to become so unbearable for the regionals that good people and pilots leave the career altogether for the sake of those that still live with their parents can do it. A large majority of the industry deserves way more than they are getting. Slaving away with hope for a future that will never happen.
I definitely think that management uses BK as a tool. Not the old kind of BK where they will actually negotiate and you give a little bit to help them out, but a relatively new strategy of BK, where they seek to destroy everything that the pilot group has worked for over the last 20 years. By resetting everything and knowing that a judge will approve it, probably because they belong to the same golf community or something.
I definitely think that management uses BK as a tool. Not the old kind of BK where they will actually negotiate and you give a little bit to help them out, but a relatively new strategy of BK, where they seek to destroy everything that the pilot group has worked for over the last 20 years. By resetting everything and knowing that a judge will approve it, probably because they belong to the same golf community or something.
#125
Ummmm, yes, there absolutely is. American had 5 BILLION in the bank and their reasoning for protection was RISING LABOR COSTS. Pinnacle is asking for over 60 mil from our pilots and wants to throw out our contract that THEY SIGNED less than two years ago. Its absolutley the easy button, how is it not?
#126
I was jumpseating on delta no too long ago and the captain said there may be a problem getting the 717's. Any truth to that? I thought all 100 of the 73 900's you guys were getting were going to replace the 757's. If that turns out to be true, is Delta still going to be able to get all 70 of the 76 seaters? I'm hoping all the stuff I'm hearing about Delta not hiring until 2014 proves to be false.
#127
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Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Ummmm, yes, there absolutely is. American had 5 BILLION in the bank and their reasoning for protection was RISING LABOR COSTS. Pinnacle is asking for over 60 mil from our pilots and wants to throw out our contract that THEY SIGNED less than two years ago. Its absolutley the easy button, how is it not?
#128
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
I was jumpseating on delta no too long ago and the captain said there may be a problem getting the 717's. Any truth to that? I thought all 100 of the 73 900's you guys were getting were going to replace the 757's. If that turns out to be true, is Delta still going to be able to get all 70 of the 76 seaters? I'm hoping all the stuff I'm hearing about Delta not hiring until 2014 proves to be false.
#129
Gets Weekends Off
Joined APC: May 2010
Posts: 195
My personal belief, which may or may not be correct, is American foresees the biggest majority of their pilots retiring due to the 65 rule. In order to TREMENDOUSLY rake in profits they decide to get the labor done cheaper by outsourcing more flying to regionals. American is now going to get more of their domestic flying done for much less by the regionals instead of a massive flow of pilots flowing up their mainline to do it. So they declare, when it probably could have been avoided.
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