Aloha Airlines files for Chapter 11 bankruptcy

[Bandit21]

so,
not to spread rumors,BUT...
heard today about Mesa(whoever owns them anyway) buying a chunk of Aloha. guess it happened yesterday??? wondering myself why that wasn't in the paper along with the HAL/AQ stuff.
Guess we will see monday, in the paper. glad i'm not the only one!

They may have put in an offer ( no idea just going along here ), but the Judge has to decide if it's allowed or not..Just remember ATA just a few weeks ago..

 

[Trash8Mofo]

Well, Maybe I am naive. But from that article, if anything, Banmiller is a far better communicator than that retard before him. At least it sounds like there is a plan; a plan that potentially involve 717, DC, Midway, cut routes that suck, add routes that work, red-eye, and etc. All the sheeeit that all of us were woundering YTF not all along. I could sleep better tonight, at least until Monday.

 

[Sleepyhead]

At least it sounds like there is a plan; a plan that potentially involve 717, DC, Midway, cut routes that suck, add routes that work, red-eye, and etc.

Funny how he tells the papers his plan, but when the MEC asks, the company has no details of the plan.
FYI: there will not be 717s, Boeing has decided to shut down production.

 

[Sleepyhead]

Ask WW. He told me the salaries will be just barely above Sun Country, as listed on airlinepilotpay.com. He told me this the day before the cancelled meeting. So, unless something changed, or he was lying to me (which I doubt), then I believe the salaries are going to put AQ just above Sun Country.

Well on airlinepilotpay.com at Sun Country a 5 yr CA makes $92/hr
If AQ rates go to something close to that, it would be a 40% pay cut
and the MEC will have a revolt on their hands.

 

[Nalo Boy]

FYI: there will not be 717s, Boeing has decided to shut down production.

yeah, but theres probably a handful shrinkwrapped in the desert, or Long Beach or somewhere.

(if they were selling like hotcakes, Boeing prob wouldnt stop making em)

Just a thought

 

[dash8driver]

I don't see how you can say AQs pay will be in the Sun Country range.
Using the numbers on airlinepilotpay and calculating for a 75 hr month , here is what you end up with.

..............AQ..... SC.... UAL
5 yr CA $9200 $6900 $ 9000
5 yr FO $5978 $4575 $ 5775

(the above rates assume UAL will take the 13.8% cut in their current TA and that the rumor of a 13% cut at AQ will take place)

I would say AQ is looking more like UAL than Sun Country.
and don't forget, Sun Country has no A or B plan.

for all you mathematicians out there, the AQ rates onairlinepilotpay.com does not reflect our 10% we are currently taking. the current 10% is taken off in your paycheck after you are paid atfull book rates, it didnt change the book rates. so, you'll have toapply a 23% cut to the rates you see on that website.

 

[Sleepyhead]

the AQ rates onairlinepilotpay.com does not reflect our 10% we are currently taking.

Well I didn't use the AQ rates on the airlinepilotpay.com site.
I don't know where he got them from.
Here is how I figure it.

134.68 (current hr rate from last paycheck)

103.70 (23% pay cut rate)
+ 9.71 (-700 compensation rate)
113.41 (-700 hr rate after a 23% cut)

8505 (75 hrs at new rate)
+578 (base pay for a 5yr CA)
9083 (monthly pay for 75 hrs)

This is not even close to Sun Country pay of $92/hr for 5 yr CA.
( SC 5 yr CA 92 x 75 = 6900)
Even if you look at -200 pay, AQ is still 11% higher than Sun Country

And if they use 2005 book rates, AQ will be about $3 higher/hr

QED

 

[Freight Dog]

Airlinepilotpay.com does reflect our pay cut... it's just computed differently given our "mystique" pay rules. Hourly captain pay is the same regardless of what year captain pay you make.. the difference is your base pay. As for the FO's the percentage changes every year plus your base pay. I believe that's how the FO numbers were derived..

If you multiply the hourly pay at airlinepilotpay.com hourly by 80 hours, you'll get the base+hourly gross pay you see on your paycheck after the 10%.

Also Sleepy... I believe the 2004 rate for -700 captains was $144.39/hr which is a book rate and not counting the base pay or the 10%.

 

[islandhopper]

so,
not to spread rumors,BUT...
heard today about Mesa(whoever owns them anyway) buying a chunk ofAloha. guess it happened yesterday??? wondering myself why that wasn'tin the paper along with the HAL/AQ stuff.
Guess we will see monday, in the paper. glad i'm not the only one!

In his wet dreams..

 

[dash8driver]

Airlinepilotpay.com does reflect our pay cut...

a-ha! i stand corrected....



CEVAPI!

 

[Freight Dog]

Cevapi!!!!!

 

[Sleepyhead]

Dog

you are right, the '04 rate for -700 is 144.39
that comes from the '04 rate of 134.68 + 9.71 (for -700)

I assume when they say a 13% pay cut, they mean from the book rate of134.68 and the -700 added compensation will not change. If they make it13% from the gross pay, then the numbers will be different. But ineither case it will not be at Sun Country levels.

 

[English]

Well, the numbers are out, and for some reason (exaggeration effects?) WW gave me, and everyone else in remote dispatch that day, bad scoop.

Looks like only a 10% pay cut.

 

[English]

Oh, and no more contraction, says PC.

Go figure.

 

[English]

LATEST NEWS
7:23 PM HST Monday
Aloha Air settles with pilots
Aloha Airlines and its 338 pilots have reached agreement on a new 28-month contract. It takes effect Feb. 1 and runs through Apr. 30, 2007.


"I applaud our pilot workforce for their willingness to work with the company to improve our competitive positioning during these challenging times for our industry," said Aloha CEO David Banmiller. "Their action exemplifies the can-do spirit that continues to prevail throughout this company's 58-year history."

The privately-held carrier and the Air Line Pilots Association Council 80 jointly announced the agreement Monday but said they had agreed not to release details of the tentative contract agreement at this time.

"The Aloha pilots have the best interests of Aloha and the people of Hawaii at heart," said ALPA Council 80 Master Executive Chairman David Bird.

The agreement came just a few weeks in Aloha's Chapter 11 bankruptcy, in sharp contract to Hawaiian Airlines, which has been in receivership for a year and is still negotiating terms with its own pilots, also members of ALPA. Hawaiian's situation is complicated by the pilots having already agreed to concessions a year ago, promised at the time that no further concessions would be sought.

"We're motivated to do our part in helping promote growth and profitability for our members and our company," said Richard Bockhaus, lead negotiator for the union side in the Aloha negotiations.

Like Hawaiian, and indeed like all mainland carriers, Aloha has reeled from soaring jet fuel prices. Banmiller, who has been CEO for only a short time, has sought to cut costs by pulling out of Pacific international markets, and this week announced plans to stop flying to Vancouver and Burbank in favor of adding service to San Diego and Orange County.

 

[islandhopper]

English, where did you get that press release?

LATEST NEWS
7:23 PM HST Monday
Aloha Air settles with pilots
AlohaAirlines and its 338 pilots have reached agreement on a new 28-monthcontract. It takes effect Feb. 1 and runs through Apr. 30, 2007.


"I applaud our pilot workforce for their willingness to work with thecompany to improve our competitive positioning during these challengingtimes for our industry," said Aloha CEO David Banmiller. "Their actionexemplifies the can-do spirit that continues to prevail throughout thiscompany's 58-year history."

The privately-held carrier and the Air Line Pilots Association Council80 jointly announced the agreement Monday but said they had agreed notto release details of the tentative contract agreement at this time.

"The Aloha pilots have the best interests of Aloha and the people ofHawaii at heart," said ALPA Council 80 Master Executive Chairman DavidBird.

The agreement came just a few weeks in Aloha's Chapter 11 bankruptcy,in sharp contract to Hawaiian Airlines, which has been in receivershipfor a year and is still negotiating terms with its own pilots, alsomembers of ALPA. Hawaiian's situation is complicated by the pilotshaving already agreed to concessions a year ago, promised at the timethat no further concessions would be sought.

"We're motivated to do our part in helping promote growth andprofitability for our members and our company," said Richard Bockhaus,lead negotiator for the union side in the Aloha negotiations.

Like Hawaiian, and indeed like all mainland carriers, Aloha has reeledfrom soaring jet fuel prices. Banmiller, who has been CEO for only ashort time, has sought to cut costs by pulling out of Pacificinternational markets, and this week announced plans to stop flying toVancouver and Burbank in favor of adding service to San Diego andOrange County.

 

[dash8driver]

Well, the numbers are out, and for some reason(exaggeration effects?) WW gave me, and everyone else in remotedispatch that day, bad scoop.

it was supposed to be higher.. but our negotiating team got it lowered thru superior firepower...

Looks like only a 10% pay cut.

only? how about sharing some of that money you're rolling around in...

 

[MiniMeGotWings]

a little late here, but i was the one who gave john the numbers for our pay and they do in fact include the 10% cut as freight dog mentioned. the new numbers should be out soon...

mm

 

[dash8driver]

a little late here, but i was the one who gavejohn the numbers for our pay and they do in fact include the 10% cut asfreight dog mentioned. the new numbers should be out soon...

mm

yes, you are late.. but you are excused as i have seen you working a lot lately.

 

[RJP]

The article was in the Pacific Biz Journal.

http://pacific.bizjournals.com/pacific/stories/2005/01/24/daily17.html?jst=b_ln_hl

Curious how AQ worked it out with the pilot group in, what, two or three weeks since the Ch. 11? Seems a bit too quick and simple.