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Hey Kernal Lee


In case you missed this:


But, while our Contract offers many industry leading work rules and compensation, we also have restrictions in the CBA that places Southwest at a competitive disadvantage, for example:
http://d3jhnthbmbdyn.cloudfront.net/CBACompDisadChart_New_728.png


Since 2000, our labor cost disadvantage for Pilots has been driven by competitor bankruptcies and our own escalating wage scales.





Thanks for all the negotiating capital.



PBS
Codeshare
Bankruptcy
 
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The Spirit numbers looked correct. The only error I saw was that they omitted that Spirit also has hard line bidding. No PBS at NK.
 
No no, thank you! For chronically low wages your first 20 years. Not to mention PFT and no pension. We all [legacy pilots] know exactly how you feel...
And we thank you for the chronically low wages of the last decade and embracing the outsourcing juggernaut that placed tens of thousands of pilots on perpetual subsistence wages all while continually shrinking the pool of higher paying jobs.
 
And we thank you for the chronically low wages of the last decade and embracing the outsourcing juggernaut that placed tens of thousands of pilots on perpetual subsistence wages all while continually shrinking the pool of higher paying jobs.


We had to deal with you now let's see how you deal with us.

Outsourcing is probably something you'll have to embrace to grow your international flying. It's a reciprocity issue. And although I really get disgusted with a lot of you, I wouldn't wish pbs on you. If you're offered a 100% pay raise you should still turn it down. It's that bad.

Pensions becoming something of the past in this profession? Squarely and completely on you.
 
So you're saying the end justifies the means, IF you're southwest?

Ends justifying the means?

No, I'm telling you those guys that you try to crap on for their 'low wages', retired MULTI-millionaires Flop. You understand that don't you? They reaped the rewards as SW flourished. It's part of the story that doesn't fit you agenda....so you ignore it.

401k vs. Pensions. Which one turned out better?
 
Ends justifying the means?

No, I'm telling you those guys that you try to crap on for their 'low wages', retired MULTI-millionaires Flop. You understand that don't you? They reaped the rewards as SW flourished. It's part of the story that doesn't fit you agenda....so you ignore it.

401k vs. Pensions. Which one turned out better?


No, I get that Red. My point is: what if going thru bk proves to be what legacy pilots use as a springboard to retiring multimillionaires? Having shed the debt and with what looks like insane profits ahead, some version of that could happen.

And I agree 401ks have pensions beat, for now. What if 401ks were abandoned by one of our competitors to undercut both of us? You going to be cheering them on? You guys were running around ripping everyone's nuts off, now you're crying foul when someone might rip yours off.
 
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Pensions becoming something of the past in this profession? Squarely and completely on you.
You really can't be serious. Are you that obtuse or is your blind hatred for all things Southwest so strong that you must find a way to link all your misfortune to some one else?

http://fapa.aero/content.asp?id=80&Gateway=Career
[FONT=Verdana, Arial, Helvetica, sans-serif]Pilots today are at risk--of various degrees--of losing some of their pension benefits. This is a scary statement, but it is also a true one. [/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]What is happening, though, is that for several years the stock market has experienced a general decline. Simultaneously, interest rates are at 40-year lows, and interest rates play a major role in determining funding levels. Add to that the cash-flow crisis at most airlines, which makes it difficult for them to contribute the extra funds required to keep the pension adequately funded. This is what some have termed "the perfect storm" of pension underfunding, as all of these variables play a role in what is currently happening in the airline industry and others.

[/FONT][FONT=Verdana, Arial, Helvetica, sans-serif]I missed the part where it says it's all Southwest's fault.


[/FONT]
 

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