AA AIP Makes UAL TA Look Even Worse!

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06-30-2022, 05:40 PM

#21

Steve Crewdog

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Posts: 62

I'm within a few years of retirement, if LTD doesn't get me first.

F- the Tumi TA.

06-30-2022, 05:42 PM

#22

iahflyr

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Joined APC: Jan 2006

Posts: 1,597

Quote:

Originally Posted by dmeg13021

Funny how full retro would solve some of that time-value problem.

It absolutely does not. That is the point. $1 in July 2022 is worth a lot more to me than getting that same dollar via retro in 2023, even without inflation.

06-30-2022, 05:47 PM

#23

Big5

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Posts: 145

Quote:

Originally Posted by iahflyr

It absolutely does not. That is the point. $1 in July 2022 is worth a lot more to me than getting that same dollar via retro in 2023, even without inflation.

And how about the net present value of all the future QOL gives in this TA? What value did you place on that?

06-30-2022, 05:56 PM

#24

EWRflyr

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Position: 737 CAPT

Posts: 1,900

Quote:

Originally Posted by iahflyr

How so?? It looked pretty damn similar to ours, except their pay raises were 6/5/5. However, that still brings them below or in parity with ours, so I wouldn’t call their proposed contract any better than ours.

Isn’t AA starting at lower pay rates than us? If so, it makes sense they need bigger raises than ours to match us.

06-30-2022, 06:05 PM

#25

UALinIAH

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Position: 777 CA

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Quote:

Originally Posted by EWRflyr

Isn’t AA starting at lower pay rates than us? If so, it makes sense they need bigger raises than ours to match us.

The AMR rates are published and the same in 2024 as the UAL TA rates. As has been said it appears AMR management was so thrilled with UAL’s TA they just cut and pasted as their new offer. Well they at least sweetened it by agreeing to pay 50% of their SL balance on retirement into an RHA and pension their LTD. So that is above us lol.

06-30-2022, 06:06 PM

#26

hummingbear

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Posts: 1,351

Quote:

Originally Posted by El Peso

I just want to clarify something. There’s no AIP at AA. This is just the amended company proposal. APA hasn’t even weighed in on this yet. No AIP at AA.

By one perspective that makes it worse- our (general) final product is their company’s opening offer. Like they saw our TA & were like, “Yeah, we’ll do that!!” Helps to demonstrate that the environment we started negotiating in is not the one we’re in now.

06-30-2022, 06:07 PM

#27

CALPilotToo

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Posts: 463

Quote:

Originally Posted by El Peso

I just want to clarify something. There’s no AIP at AA. This is just the amended company proposal. APA hasn’t even weighed in on this yet. No AIP at AA.

Exactly which means APA will counter this to the benefit of their pilots.

06-30-2022, 06:08 PM

#28

threeighteen

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Quote:

Originally Posted by dmeg13021

Funny how full retro would solve some of that time-value problem.

full retro rewards the OT w****s who squandered leverage more than those who just flew their line....

Also further incentivizes those close to retirement to vote yes on what otherwise might be a lousy TA.

06-30-2022, 06:09 PM

#29

HiPlaneDrifter

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Posts: 66

Que Benny Hill music.

06-30-2022, 06:53 PM

#30

dmeg13021

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Posts: 726

Quote:

Originally Posted by threeighteen

I guess you’d rather the company drags its feet a few more years with another lousy TA?

I’ll take full retro on 20% raise a year from now over 6 months retro on 4%