Latest AIP rumor 6/7/22
#152
Banned
Joined APC: May 2022
Posts: 411
Don't need to see it. The math is simple ,without a pension NO big three contract will even come close to FEDEX or UPS. ALPA passed on that long ago. This AIP needs to be scraped right now given the gains at the regional carriers. GET BACK TO THE NEGOTIATING TABLE and ALPA needs to stop talking about NO shortage of pilots.
#153
Gets Weekends Off
Joined APC: Aug 2010
Position: N/A
Posts: 607
I don’t want a pension. Pensions get stolen from you. 401(k)’s don’t (at least so far).
There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.
There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can't get fooled again.
#154
Line Holder
Joined APC: Dec 2008
Position: A320 Driver
Posts: 74
You don’t have to be a rocket surgeon to figure that out. 😉
#155
Gets Weekends Off
Joined APC: May 2009
Posts: 1,860
Pay rates are a small part of compensation. When I was at Horizon, we had the highest pay rates at the regionals. Yet I made less per month than a contemporary at SkyWest, ExpressJet, and even Compass. Work rules are more integral to compensation than a simple pay rate. Also, in time of strife for the airline, the first thing that a bankruptcy judge an MEC Chairman goes after is pay rates. IMHO…
#156
Banned
Joined APC: May 2022
Posts: 411
There are many options that would keep a "pension like" plan safe from creditors. There are annuity plans that do it. That's the problem with pilots they constantly live in the past and not the present. Not all DB plans are the same and the negotiating committee said a MBCBP was on the table. Those plans are 100% safe from creditors. Keep being satisfied with that 401K the company is counting on you.
#159
Line Holder
Joined APC: Dec 2019
Posts: 84
#160
Banned
Joined APC: Oct 2020
Posts: 345
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