yeah, floater pay is gone. It was misrepresented to the upper management by one of our own...well kinda one of our own, someone that is at least supposed to watch out for us. So they decided it was not a good idea to compensate those on the road all of the time because other airlines don't do it. Actually they all do it by paying higher salaries, and higher per diem. Oh well, it really does not affect me right now so i can't gripe too much, but for those that it does affect will be hit hard in the pocket.
I still believe one of the reasons they have done this is that our new business plan involves a lot of over night trips starting when the checks start to go away slowly. This means they will not have to pay all of that floater pay when everyone is sitting away from home 2 nights a week. Just rumor for now, but it has been mentioned by quite a few reputable sources here.