I started a new thread as the old one has already degenerated into a peeing contest. I know there are comair folks out there on trips, etc that are looking for news without all the bashing. Thanks.
Well since no one here was at a meeting, here's the latest:
Block hrs. for CMR now reduced 26% instead of 14% starting Dec. 1st.
11 aircraft parked on Dec. 1st. Will contniue to use them as spares until picked up by lessors.
A/C utilization going from about 11 hrs/day to about 8.5 hrs/day never to return to previous utilization for forseeable future.
Renegotiating leases to get more favorable rates. Actual negotiated lease costs will determine how many a/c leave the fleet. Worst case scenario for now is 30 a/c leaving the fleet...all 50 seat planes.
Starting Dec. 1, GSO base decreases by about 15 crews or 25%; JFK increases by 10%, MCO was supposed to close but now going to keep it open, just in case...
Pilot furloughs: 220 - 440
Flight attendants: 110 - 220
Field Agents: 130 - 160
Managers/Support: 90 - 130
Mechanics: 40 - 50
Above ranges are based upon exactly how many a/c leave the fleet and how many people take voluntary separations, voluntary furloughs and leaves of absences. Incentives for the voluntaries is pending bankruptcy court approval but includes enhanced medical and travel bennies.
Timing. Voluntary separations & furloughs: Dec. 1st; Involuntary furloughs after the holidays. Bid for voluntary separations, furloughs, etc is to open up Oct. 19th.
In negotiations with unions for pay and work rule changes to achieve cost savings of $17.3 million from pilots, $8.9 million from Flight attendants and $1 million from mechanics. Looking for things like min. line reductions to lessen the furloughs and other benefit changes.
Fred takes a 15% pay cut, other officers and directors take 10%. Salaried take a 7%, hourly take a 4% cut.
Defined retirement contribution at high risk, 401(k) match ok. Changing precription drug plan (no cost changes to employee) and no plans to change health care provider for 2006.
Working on preferential hiring for furloughed CMR pilots at other DCI carriers.
That's about it.
Life sucks, then u die.
Well since no one here was at a meeting, here's the latest:
Block hrs. for CMR now reduced 26% instead of 14% starting Dec. 1st.
11 aircraft parked on Dec. 1st. Will contniue to use them as spares until picked up by lessors.
A/C utilization going from about 11 hrs/day to about 8.5 hrs/day never to return to previous utilization for forseeable future.
Renegotiating leases to get more favorable rates. Actual negotiated lease costs will determine how many a/c leave the fleet. Worst case scenario for now is 30 a/c leaving the fleet...all 50 seat planes.
Starting Dec. 1, GSO base decreases by about 15 crews or 25%; JFK increases by 10%, MCO was supposed to close but now going to keep it open, just in case...
Pilot furloughs: 220 - 440
Flight attendants: 110 - 220
Field Agents: 130 - 160
Managers/Support: 90 - 130
Mechanics: 40 - 50
Above ranges are based upon exactly how many a/c leave the fleet and how many people take voluntary separations, voluntary furloughs and leaves of absences. Incentives for the voluntaries is pending bankruptcy court approval but includes enhanced medical and travel bennies.
Timing. Voluntary separations & furloughs: Dec. 1st; Involuntary furloughs after the holidays. Bid for voluntary separations, furloughs, etc is to open up Oct. 19th.
In negotiations with unions for pay and work rule changes to achieve cost savings of $17.3 million from pilots, $8.9 million from Flight attendants and $1 million from mechanics. Looking for things like min. line reductions to lessen the furloughs and other benefit changes.
Fred takes a 15% pay cut, other officers and directors take 10%. Salaried take a 7%, hourly take a 4% cut.
Defined retirement contribution at high risk, 401(k) match ok. Changing precription drug plan (no cost changes to employee) and no plans to change health care provider for 2006.
Working on preferential hiring for furloughed CMR pilots at other DCI carriers.
That's about it.
Life sucks, then u die.
