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Old 06-27-2022, 11:01 AM
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Default Wall Street Journal thinks it’s terrible

Wall Street article

get your NO vote in today. Turn this down, recall the LECs start fresh. The stupidity is at an all time high in this “association”. It’s apparent they don’t have the line pilots best interest in mind.
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Old 06-27-2022, 11:05 AM
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It's behind a pay wall.
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Old 06-27-2022, 11:08 AM
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Paywall removed



Use this link!

Last edited by bottoms up; 06-27-2022 at 11:15 AM. Reason: Paywall removal
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Old 06-27-2022, 11:13 AM
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Originally Posted by Austin Milbarge
It's behind a pay wall.
Don't want to post the entire thing, but a highlight that may be germane to the argument is..

"Generous as the offer may seem, the pay increase isn’t all that much higher than the consumer-price index, which last month increased 8.6% over the last year. After inflation, the 14.5% raise amounts to about a 1.6% increase over 18 months. For pilots who live in Sun Belt areas where inflation is running hotter than 10%, such as Phoenix, it’s a decline in real wages if inflation stays this hot through the next year."
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Old 06-27-2022, 11:15 AM
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Thanks for sharing! Thats the real story. They only left out that we haven't had a pay raise in 3 years so we are already way behind.
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Old 06-27-2022, 11:27 AM
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Originally Posted by bottoms up
get your NO vote in today.
Done!

.........................................
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Old 06-27-2022, 11:49 AM
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Originally Posted by Pro2nd
Thanks for sharing! Thats the real story. They only left out that we haven't had a pay raise in 3 years so we are already way behind.
Or that 5% was already promised to us. Not great investigative journalism, but the broad stroke is that we’re losing to inflation.
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Old 06-27-2022, 11:57 AM
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Well they also haven't added that it's only a 2 year deal that took 4 years to negotiate and we most likely won't have another deal till 2028, and that 5% of the raise was already paid for. So in reality it's about a 1% - 1.5% per year raise with inflation a big unknown, not to mention QOL givebacks...
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Old 06-27-2022, 02:08 PM
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Originally Posted by DoubleDoink
Well they also haven't added that it's only a 2 year deal that took 4 years to negotiate and we most likely won't have another deal till 2028, and that 5% of the raise was already paid for. So in reality it's about a 1% - 1.5% per year raise with inflation a big unknown, not to mention QOL givebacks...
And scope gives for both RJs and training.
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Old 06-27-2022, 05:23 PM
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Originally Posted by bottoms up
Wall Street article

get your NO vote in today. Turn this down, recall the LECs start fresh. The stupidity is at an all time high in this “association”. It’s apparent they don’t have the line pilots best interest in mind.
With all due respect,I read that too and think you missed the entire point of the article. It isn’t about whether some WSJ edition thinks you should vote yes or no, it’s that Wall Street does not like companies increasing wages as it could cause inflation to accelerate even more.
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