Frontier pilots vote to SAVE the airline!!

[WSurf]

Look at Skybus's old payrates. Even with those they went out of buisness.

 

[m80drvr]

Yes; their pilots now make about half what they used to, they lost their pension, and they labor under BK-style work rules.

And their costs are still the highest in the industry and they appear headed for another BK.

Pay cuts don't work.

I agree 100%. Take what you can get and let management figure out how to get pax and marketshare

 

[Rez O. Lewshun]

Tried and true management tactic.... looks like it worked again!

 

[Larcifer]

If I understand correctly, after the BK filing, F9 pilots took a 14.5% paycut. This new, longer term agreement gives them back 4.5% of that now, and the rest comes back over time.

Someone correct me if I'm wrong...

Actually we took a temporary 14.5% plus 5% lost 401k match for myself totaling 19.5%. Now it is a 10% plus 5% 401k match which is incrementally reduced over the 4 year duration. We do get "profit sharing" if certain criteria are met. Same BS that most BK carriers have went through. The difference with us was that we were already one of the lowest compensated, most productive and most efficient pilot groups in the industry. Total BS but they had us over a barrel and we aren't exactly a strong pilot group. We've got guys on furlough and the majority of the guys you talk to are picking up an additional 10-20 hrs per month. With the current economic outlook for 09 things look a little bleak.

 

[Rez O. Lewshun]

What was the voting numbers and participation rate...

 

[Bookingsareup]

Sad. Never has a concessionary contract and give backs saved an airline and we are the only instrument management needs to screw us. Pitiful. I feel sorry for Frontier's pilots, but this not going to keep anyone employed any longer.

Management never told pilots that the aprox. $10mil. annual savings from the pilots would "save" the airline or keep anyone employed any longer. Further, a single contract with any particular labor group is not a make or break issue in itself. Frontier Airlines sold several aircraft to raise cash. You could also say, no sale of one aircraft ever saved an airline or kept anyone employed any longer. All of these decisions to either raise cash or decrease cost are (theoretically) part of what they consider a successful business plan to exit bankruptcy. By the way, Any potential financier will be the ultimate judge of Frontier's plan. We as pilots need to discard this decades old, tired, over-used argument. Our industries' challenges mandate we move forward.

 

[Larcifer]

What was the voting numbers and participation rate...

Passed by 85% with 78 % voting.

 

[Propsync]

Management never told pilots that the aprox. $10mil. annual savings from the pilots would "save" the airline or keep anyone employed any longer. Further, a single contract with any particular labor group is not a make or break issue in itself. Frontier Airlines sold several aircraft to raise cash. You could also say, no sale of one aircraft ever saved an airline or kept anyone employed any longer. All of these decisions to either raise cash or decrease cost are (theoretically) part of what they consider a successful business plan to exit bankruptcy. By the way, Any potential financier will be the ultimate judge of Frontier's plan. We as pilots need to discard this decades old, tired, over-used argument. Our industries' challenges mandate we move forward.

Good post. To add to it, I find it funny that there's never a plan to increase revenue, just one to cut cost.

 

[DonVerita]

Yeah Airtran needs ALPA because ALPA is really going to help a 1,500 pilot group vs the majors.

They all Suck!!

AirTran is a Major.

 

[spitfire1500]

AirTran is a Major.

Under the definition of Major...so is Mesa