Quote:
Here is a clip from the terms of the ASA between Pinnacle and NWA:Originally Posted by ToiletDuck
I was told the new agreement had a clause in it that Pinnacle had to finish their contract with the pilots, meaning new pay rates, by a certain time in march or else they don't get the contract.
“The Amended ASA will provide that Pinnacle will retain its existing fleet of 124 CRJ-200 aircraft. Pinnacle's fleet size will further be adjusted under the following conditions:
-- 17 CRJ-200/440 aircraft will be delivered to Pinnacle during 2007. Northwest will commit to either a three- or ten-year term for these aircraft with Pinnacle prior to March 31, 2007. However, if Pinnacle has not entered into an amended collective bargaining agreement with the Airline Pilots Association ("ALPA"), the union representing its pilots, prior to March 31, 2007, Northwest will have an ongoing OPTION to remove these 17 aircraft from Pinnacle at any time at a rate of three aircraft per month. Pinnacle's contract with ALPA is currently amendable.”
March 31, 2007 will come and go with no new agreements between ALPA and Pinnacle management. NWA will not exercise the option to remove airplanes and things will continue status quo. Keep in mind that if NWA did excercise the option to remove the 17 airplanes, the fleet would be exactly the same size as is is today - 12/26/2006.
As I said before, this new agreement between Pinnacle and NWA has NOTHING to do with what a pilot makes. The only thing that affects your hourly rate and monthly guarantee, is what ALPA and management can agree on in future pilot contracts.