Attrition
01-09-2022, 11:27 AM
#412
That/It/Thang
Joined APC: Aug 2020
Posts: 2,966
Section 31 of the CBA mentions 180 days is the earliest of such notice.
What that gets us? Gets us talking sooner and hopefully gets some dates scheduled sooner as well.
01-09-2022, 02:24 PM
#414
Moderator
Joined APC: Jul 2018
Position: Reserve
Posts: 653
01-09-2022, 02:35 PM
#415
Gets Weekends Off
Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,567
All this talk of shiny new contracts seems a bit far-fetched to me (for any airline, not just us). All airlines (except maybe Southwest) took on some MASSIVE leverage during the pandemic, and until balance sheets start to get more in line with pre-pandemic levels of debt, I can’t fathom any management willingly increasing their fixed costs. Especially since fuel has increased too…..
01-09-2022, 03:32 PM
#416
Gets Weekends Off
Joined APC: Jan 2014
Posts: 104
All this talk of shiny new contracts seems a bit far-fetched to me (for any airline, not just us). All airlines (except maybe Southwest) took on some MASSIVE leverage during the pandemic, and until balance sheets start to get more in line with pre-pandemic levels of debt, I can’t fathom any management willingly increasing their fixed costs. Especially since fuel has increased too…..
01-10-2022, 03:31 AM
#417
Gets Weekends Off
Joined APC: Mar 2017
Posts: 3,791
All this talk of shiny new contracts seems a bit far-fetched to me (for any airline, not just us). All airlines (except maybe Southwest) took on some MASSIVE leverage during the pandemic, and until balance sheets start to get more in line with pre-pandemic levels of debt, I can’t fathom any management willingly increasing their fixed costs. Especially since fuel has increased too…..
01-10-2022, 09:41 AM
#418
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,252
But objectively, it does look like the unions now have an almost unprecedented leverage over management. And since inflation is also going up, it might be time to start talking about getting CPI adjustments into the CBA.
You don’t ask, you won’t get.
01-10-2022, 10:45 AM
#419
Gets Weekends Off
Joined APC: Dec 2018
Posts: 469
There are “emergencies” and there are emergencies, but honestly, the regional model seems to be imploding right now, with hitherto unheard of bonuses for DECs because senior people are leaving en masse and even if they can bring newbies in the bottom - and that’s getting harder and harder - they are losing the Captains necessary to fly with the FOs the 1000 hours necessary to get them upgrade eligible.
But objectively, it does look like the unions now have an almost unprecedented leverage over management. And since inflation is also going up, it might be time to start talking about getting CPI adjustments into the CBA.
You don’t ask, you won’t get.
But objectively, it does look like the unions now have an almost unprecedented leverage over management. And since inflation is also going up, it might be time to start talking about getting CPI adjustments into the CBA.
You don’t ask, you won’t get.
01-12-2022, 07:22 AM
#420
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,252
Not corrected for inflation, you lose 7% of your purchasing power a year. So at the end of a five year contract with only a 2% per year kicker, you could be down to (0.95)^5 or roughly 77% of the purchasing power you had on day one of the contract.
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