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Both are going to soon be the only ones left with a chance at making the big bucks like in the good ole days, flying widebodies around the world with a secure pension to look forward too when you retire.
skykid said:I wouldn't count on that in the long term. I agree they are the most stable right now if you can do the schedule, but both FedEx and UPS pilot groups will be under incredible pressure to mirror the wages of passenger airlines. I know they are making great profits. I would say their pensions are more secure. Once the legacies have matched LCCs and gotten rid of their pensions, then FedEx and UPS will have that pressure.
CAL is scary, as are all the legacies, because consolidation is going to take place. You may be on the good end of the deal, maybe not. Long term (say 20 years) I look for very little left of the legacies. LCCs will dominate domestic travel and foreign carriers will do our international flying.
I think Airtran is in for some good times. One way or the other, Delta is going to have to pull their domestic schedule down by double digit percentages in the next year or two. Airtran will benefit greatly.
Hope I'm wrong about all of the above.
Wesb737fo said:If I have to leave, I suppose my dream line-up would be SWA, UPS, FEDeX, CO, JBLU, AirTran, AWA.
Delta is actually my number one choice (being a Georgia boy) but I don't think they are going to be hiring any time soon. Any encouraging words, General Lee?
GuppyKiller said:I'll take a job with ANY airline on the list in ANY order!
GuppyKiller said:You are right, anything can happen, like getting on with FedEx or UPS and living my dream. Flying a widebody around the world making big bucks. But I'd still take SWA or the others in a heartbeat too.
skykid said:I wouldn't count on that in the long term. I agree they are the most stable right now if you can do the schedule, but both FedEx and UPS pilot groups will be under incredible pressure to mirror the wages of passenger airlines. I know they are making great profits. I would say their pensions are more secure. Once the legacies have matched LCCs and gotten rid of their pensions, then FedEx and UPS will have that pressure.
You will eventually change your mind and rank airlines on a preferential list when you get more than your 1600 hours. As for the GuppyKiller label you are only pissing off Mainline guys and making commutes harder for RJ drivers everywhere.GuppyKiller said:I'll take a job with ANY airline on the list in ANY order!
skykid said:Clyde, I don't need you to tell me what a cargo company does, or what it takes to axe a pension. What I'm talking about is the trend that will sooner or later reach you, which is the end of traditional retirement plans. Not just the airline industry. I believe unless you work for the government (and even the military is seeing retirement benefits get smaller) pensions are going to be scarce. I'm not talking about next year, but I wouldn't count on a pension if I was just getting hired by UPS or ANY other organization. I'm fully aware that right now there is no legal way to end an employee group's pension plan outside of Ch11, without their consent. We have no idea what is going to happen with the PBGC in the next several years and what kind of sweeping changes are in store. On the wage issue, what is happening to the pax carriers is not happening in a vacuum, that's all I'm saying. I don't care if UPS made $6+ bil in profits, your management can point to the wages us toads flying pax are now making. I'm glad you got a good laugh from my post anyway! Hopefully I'm wrong on all this.
Gen, hopefully next year you can cut and paste this and show how I was wrong about Delta. I was certainly wrong about the number of retirees you predicted! I think the reason Delta will be pulling down the domestic schedule will be because of a massive effort to avoid Ch11 or because of Ch11. Unless all 80 of those flights you were talking about are making money or better yet making money going across the pond, I think adding capacity is a mistake. Northwest just canceled their planned growth for the year, UAL just pulled down domestic seats another 14% and added about the same international. Delta should be doing the same.
skykid said:Wojo, I entered the military in 1985 and am currently in the military. I can tell you with 100% accuracy the deal in place when I signed on is not the deal I have now. In fact, it was never a "deal" and uncle Sam can change it when he wants. When I retire, my percentages are going to be different than the deal my Dad got, changed for the worse. I know a lot of retirees who can talk to you for hours about changes in medical retirement benefits.
I don't think UPS and FedEx wages will drop either, at least not anytime soon, since we don't know what will happen tomorrow. This guy wants advice on how to rank these companies - my opinion is long term FedEx and UPS compensation are going to be tied in many ways to the passenger airlines. What I said was, they will be under pressure to mirror what is happening to the passenger airlines. That's just common sense. I'd still rate FedEx and UPS number one and two on the list. I would start over at FedEx right now if given the opportunity.
skykid said:Clyde, I don't need you to tell me what a cargo company does, or what it takes to axe a pension. What I'm talking about is the trend that will sooner or later reach you, which is the end of traditional retirement plans. Not just the airline industry. I believe unless you work for the government (and even the military is seeing retirement benefits get smaller) pensions are going to be scarce. I'm not talking about next year, but I wouldn't count on a pension if I was just getting hired by UPS or ANY other organization. I'm fully aware that right now there is no legal way to end an employee group's pension plan outside of Ch11, without their consent. We have no idea what is going to happen with the PBGC in the next several years and what kind of sweeping changes are in store. On the wage issue, what is happening to the pax carriers is not happening in a vacuum, that's all I'm saying. I don't care if UPS made $6+ bil in profits, your management can point to the wages us toads flying pax are now making. I'm glad you got a good laugh from my post anyway! Hopefully I'm wrong on all this.
Gen, hopefully next year you can cut and paste this and show how I was wrong about Delta. I was certainly wrong about the number of retirees you predicted! I think the reason Delta will be pulling down the domestic schedule will be because of a massive effort to avoid Ch11 or because of Ch11. Unless all 80 of those flights you were talking about are making money or better yet making money going across the pond, I think adding capacity is a mistake. Northwest just canceled their planned growth for the year, UAL just pulled down domestic seats another 14% and added about the same international. Delta should be doing the same.
English said:The bottom of any legacy carrier's list is absolutely the wrong place to be right now.
It is amazing how many pilots have been brainwashed into thinking that is the golden carrot.
Been there, done that.
aa73 said:English-
The bottom of the AA list is the happiest place in the world for me right now. Do you know why? Because I was furloughed April 1 and on March 31, they rescinded my furlough. It's funny how things like that totally change one's perspective.
Having said that, I'd probably go to Southwest if I could, too.
Regards,
73
aa73 said:To all of you "legacy skeptics"
I don't blame any of you for not wanting a job with the legacies. SImple, they are doing horrible, not making money, downsizing, etc. In other words, an exact replay of what happened to them in the early 70s, early 80s, early 90s, and now, early to mid '00s. Granted, this is on a larger scale than before.
However, during those times, nobody wanted to go to them either. Then the legacies turned around, and what happened, a massive flock to the legacies when they started hiring again.
Folks, it is very easy for one to say they will "never consider a job" with this or that particular airline, based on their current situation. The truth is, once the legacies start turning around (and they will), you will see, once again, an exact replay from the last 4 decades. Everyone will flock to them, because they are hiring, and because we have an oversupply of pilots. Simple but true.
Look at CO. Three years ago nobody would even consider them, due to their situation. Now look at all the pilots "suddenly interested." Throw in a DAL, and eventually a NWA, AA, UAL and it'll be just like the 90s all over again.
There will always be a select few who strictly want to go with only ONE specific carrier (a la SWA, Fedex, etc), but the majority will jump all over an opening at a legacy, when they start to hire again. Why, because of hope and optimism that maybe, just maybe, this particular legacy will survive.
JMHO, cheers to all.
73
English said:I glad they rescinded your furlough. You might have had to do the Eagle flowback thing - not a happy place to be, unfortunately.
Congrats on keeping your seat.
However, during those times, nobody wanted to go to them either. Then the legacies turned around, and what happened, a massive flock to the legacies when they started hiring again.
Probably for $22/hour as well.GuppyKiller said:I'll take a job with ANY airline on the list in ANY order!
skykid said:Great discussion, and great points. I disagree with the above because I think there are huge changes in the way business is done now in this country, different models alltogether.
Clyde, I still disagree with you on the affect of the pax carriers on your company. If I'm your management, everytime you have a contract up I'm pointing and screaming at what these other guys are making, and it will have an affect. When Delta and United Captains were making 300K, your negotiators could point in the same direction. Don't get me wrong, the better your contract is, all the better for me. I hope you guys become the best compensated pilots in history. And I do include the big 3 automakers in my statement about pensions. Unions will, in my humble opinion, continue to have less and less power, and pensions will become obsolete. That doesn't mean UPS or Ford is going to dump their pension on the PBGC! They will be slowly phased out and negotiated out. Anyway, your version turns out better, so I'm hoping you are right.
aa73 said:Clyde-
Excellent post, and I agree wholeheartedly (did I spell that right?) with your points. Airline history has been nothing other than 60 years of repeating itself.
I also hope AMR pulls through, I have somewhat of a vested interest in that
Regards,
73
skykid said:Great discussion, and great points. I disagree with the above because I think there are huge changes in the way business is done now in this country, different models alltogether.
Clyde, I still disagree with you on the affect of the pax carriers on your company. If I'm your management, everytime you have a contract up I'm pointing and screaming at what these other guys are making, and it will have an affect. When Delta and United Captains were making 300K, your negotiators could point in the same direction. Don't get me wrong, the better your contract is, all the better for me. I hope you guys become the best compensated pilots in history. And I do include the big 3 automakers in my statement about pensions. Unions will, in my humble opinion, continue to have less and less power, and pensions will become obsolete. That doesn't mean UPS or Ford is going to dump their pension on the PBGC! They will be slowly phased out and negotiated out. Anyway, your version turns out better, so I'm hoping you are right.