Wall Street Journal thinks it’s terrible
06-27-2022, 10:01 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Aug 2013
Position: non reclining seat
Posts: 447
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.
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.
06-27-2022, 10:08 AM
#3
Gets Weekends Off
Thread Starter
Joined APC: Aug 2013
Position: non reclining seat
Posts: 447
Last edited by bottoms up; 06-27-2022 at 10:15 AM. Reason: Paywall removal
06-27-2022, 10:13 AM
#4
Gets Weekends Off
Joined APC: Feb 2017
Position: ERJ-170
Posts: 528
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."
"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."
06-27-2022, 10:49 AM
#7
Gets Weekends Off
Joined APC: Oct 2006
Posts: 1,351
06-27-2022, 10:57 AM
#8
Line Holder
Joined APC: Jun 2022
Posts: 34
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...
06-27-2022, 01:08 PM
#9
Gets Weekends Off
Joined APC: Mar 2015
Posts: 963
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...
06-27-2022, 04:23 PM
#10
Line Holder
Joined APC: Jun 2022
Posts: 27
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.
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.
Thread
Thread Starter
Forum
Replies
Last Post
