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Okay, don't mention trolls, and they go away.
$24k/$20k? That's about $34M. That's a chunk of change.
any news on hourly rate increase? Do the furloughees get the signing bonus as well? Thanks for bringing it back on topic. Hey General maybe you should start an Alaska vs DAL thread.....it gets old on this one...
It's chump change compared to $400M + interest that that they took from us. Lowered expectation..... what are we, a bunch of WDs?
If the rumor of mid $170's/hr for the captains is true, it's not going to be pretty. We'll have to wait and see the whole package.
At least you CAN vote......
meantime, us 60 red-headed stepchilds are going to get stiffed on the signing bonus.....
Guys,
I don't have a crystal ball, but I try not to speculate on stuff that is largely out of my control....now did anyone else hear about 20k for Captains and 25k for FO's as signing bonuses?
If you put a dollar figure on our pension, I heard that its around $20.00 per hour added ( like we can all count on a pension anymore ! ). I am not implying the rumors are acceptable.
Chief,
The rumor we’re hearing around AA is 10% immediate pay raise with a 4% increase per year for 4 years plus a $20,000 signing bonus for CA’s and $25,000 signing bonus for FO’s. No change to their retirement benefits.
Here’s how the numbers play out:
12 Year 737 CA FO
Current 154 97
2009 169.40 106.70
2010 176.17 110.97
2011 183.22 115.40
2012 190.17 120.02
2013 198.17 124.82
Current
LUV 198.00 131.00
AA 165.69 112.67
I’ve got to agree with Lorenzo on this one. Overall, looks weak. We’re hearing LUV is currently inking a contract with 3% pay raises (based on profitability), so it basically takes four years for Alaska CA’s just to catch up to LUV's present rate. The FO’s never catch up to LUV.
A 4.0% annual increase is just barely over the current inflation rate. What happens if Barack’s bill causes hyper inflation a few years down the road??
I wonder if their guys will fall for the chump change.
Looks like another big win for management.
AA767AV8TOR
Chief,
I’ve got to agree with Lorenzo on this one. Overall, looks weak. We’re hearing LUV is currently inking a contract with 3% pay raises (based on profitability), so it basically takes four years for Alaska CA’s just to catch up to LUV's present rate. The FO’s never catch up to LUV.
A 4.0% annual increase is just barely over the current inflation rate. What happens if Barack’s bill causes hyper inflation a few years down the road??
I wonder if their guys will fall for the chump change.
Looks like another big win for management.
AA767AV8TOR
Any word on final language?