The big conference call did occur, and the FO pay was discussed. I expect a press release soon!
Thought you didn't work here anymore, so you wouldn't be privy to the call
1) From what I understand (please correct this if I am wrong), 2nd year FO pay will increase to a whopping $40,000 on the next pay cycle.
Jan 9th, 2010 it increases another $2000
2) Captain upgrades are now forecast to be between 36-48 months, according to company projections.!
I personally never heard 36-48 months. I did hear up to 30 upgrades in the next 12 months possible if we follow our delivery schedule
3) Avantair will implement a 2-tier payscale for FO's. The current employees will get the raise that is mentioned above. New hires will be placed into the older payscale where they will NOT get the raise
It is far from a perfect situation, but the goal was to help the pilots already on the seniority list. Nothing has been finalized as to how we are going to set the payscale when we do start hiring again.
On the company forum.....Glasspilot is raising HELL about the new A/B pay scale for FO's. He thinks the company is making a big mistake. I agree with Glasspilot. Glass....good job for speaking up against such a thing.
Once again, if you no longer work here, how do you know what is being posted on the company's PRIVATE sight? If you are who we all think (pretty sure) you are, get a grip and move on.