Green Banana
Request Direct Honolulu..
- Joined
- Dec 16, 2001
- Posts
- 566
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if you subtract the total number of pilots on the base position list after the reduction from the total number of pilots on the base position list before the reduction then the number is 47
bid does not mean another 47 furloughs. furlough numbers are unknown until the bid results are posted. worst case 47 additional furloughs, best case no more furloughs.
It is in every employees best interest to get our airline back on the path of growth and prosperity. In the interim, let`s continue to work together with the objective of getting everyone back on property and in the left seat.
So another Bid in January then?
To date, the original estimate of pilot furloughs has been reduced from over 150 pilots to less than 80 pilots through reduced bid blocks, extended leave of absences, and early outs. It is my hope that continued efforts to develop a longer term reduced bid block program will even further reduce these numbers.
Some nice highlights from SEC 8-K with respect to G.S.
Executive have mutually agreed to continue Executive’s employment with Alaska on different terms and conditions "
Executive will receive a final paycheck representing all unpaid salary earned through the Separation Date plus a lump sum payment equal to six (6) weeks salary for accrued but unpaid vacation. Executive will also receive seventeen monthly payments of $23,350 less applicable taxes and other withholdings.
Executive shall be paid $275,000 on January 31, 2009 and $275,000 on January 31, 2010, subject in each case to applicable tax withholding.
Health Benefits. At Executive election, which shall be made on or prior to the Separation Date, Alaska shall either (i) pay Executive, within twenty (20) days after the Separation Date, a lump sum equal to $36,493.20 or (ii) continue medical coverage for Executive and his eligible dependents at the levels in effect as of the Effective Date for the period commencing on the Separation Date and ending on December 31, 2010.
Travel Privileges. Executive shall receive online travel privileges and Alaska Airlines Boardroom privileges at the same level received by Executive while an employee through December 31, 2010. All travel privileges referenced in this paragraph shall cease as of December 31, 2010 except that following December 31, 2010, Executive shall be considered a retired officer for purposes of retiree travel and will receive C4/T4 boarding priority as a retiree, and lifetime top tier status (currently MVP Gold) in Alaska’s frequent flyer program, per Alaska’s retiree travel policy.
This piece of work deserves a flat of cardboard only. If I got fired all I'd get is a swift kick in the a$$ on the way out and most likely not a ride home. And watch - he'll show up at DAL as the new VP..JOKE!!
Baja.
Some nice highlights from SEC 8-K with respect to G.S.
Executive have mutually agreed to continue Executive’s employment with Alaska on different terms and conditions "
Executive will receive a final paycheck representing all unpaid salary earned through the Separation Date plus a lump sum payment equal to six (6) weeks salary for accrued but unpaid vacation. Executive will also receive seventeen monthly payments of $23,350 less applicable taxes and other withholdings.
Executive shall be paid $275,000 on January 31, 2009 and $275,000 on January 31, 2010, subject in each case to applicable tax withholding.
Health Benefits. At Executive election, which shall be made on or prior to the Separation Date, Alaska shall either (i) pay Executive, within twenty (20) days after the Separation Date, a lump sum equal to $36,493.20 or (ii) continue medical coverage for Executive and his eligible dependents at the levels in effect as of the Effective Date for the period commencing on the Separation Date and ending on December 31, 2010.
Travel Privileges. Executive shall receive online travel privileges and Alaska Airlines Boardroom privileges at the same level received by Executive while an employee through December 31, 2010. All travel privileges referenced in this paragraph shall cease as of December 31, 2010 except that following December 31, 2010, Executive shall be considered a retired officer for purposes of retiree travel and will receive C4/T4 boarding priority as a retiree, and lifetime top tier status (currently MVP Gold) in Alaska’s frequent flyer program, per Alaska’s retiree travel policy.