Q1 Loss
03-16-2023, 05:11 AM
#42
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Joined APC: Jul 2021
Posts: 378
Is this from hiring more pilots than are retiring, or from the pilot labor rates? Seems like United isn’t growing available seat miles as fast as it is adding pilots to the payroll, and then blaming a CBA.
03-16-2023, 07:37 AM
#43
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Joined APC: Apr 2016
Posts: 291
The Company has determined that it is appropriate to accrue expense in the first quarter 2023 related to a potential new collective bargaining agreement with employees represented by the Air Line Pilots Association. This accrual represents a shift in the timing of the associated expense from the second quarter 2023 into the first quarter 2023.
https://ir.united.com/node/30341/html
03-16-2023, 09:29 AM
#44
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Joined APC: Jan 2006
Position: Engines Turn Or People Swim
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03-16-2023, 09:42 AM
#45
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Joined APC: Nov 2015
Posts: 113
I highly doubt in this negotiating environment C-suite management is sitting around trying to figure out how to, "scare" the pilots. It is clearly a financial excuse to hide softer than planned demand through Jan-Feb with the higher fuel costs hidden in the obscurity of the pilot contract.
This entire 8k filing is bogus news.
04-12-2023, 07:05 PM
#46
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Joined APC: Dec 2019
Posts: 1,318
already being discussed:
This is straight out of the 8k
the Company has determined that it is appropriate to accrue expense in the first quarter 2023 related to a potential new collective bargaining agreement with employees represented by the Air Line Pilots Association. This accrual represents a shift in the timing of the associated expense from the second quarter 2023 into the first quarter 2023.
This is straight out of the 8k
the Company has determined that it is appropriate to accrue expense in the first quarter 2023 related to a potential new collective bargaining agreement with employees represented by the Air Line Pilots Association. This accrual represents a shift in the timing of the associated expense from the second quarter 2023 into the first quarter 2023.
04-12-2023, 09:14 PM
#47
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Position: MEC Chairman, Snack Basket Committee
Posts: 3,199
It's another empty threat. I don't think the company can afford to go to mediation.. that would mean hundreds more unfilled CA vacancies. There's no way they could absorb that.
04-12-2023, 11:50 PM
#49
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Joined APC: Jan 2006
Posts: 1,597
Whenever there is a new contract (I predict 2024), the seniority required to hold captain will increase. Therefore I predict some junior th pilots taking the plunge over the next few months in order to lock in their spot that they won’t be able to hold after the new contract.
Last edited by iahflyr; 04-13-2023 at 12:22 AM.
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