Flops stops matching 401k contributions . . .

[993_Pilot]

Well, so far, Flops furloughed 104 pilots in November, then another 63 the other day, now they announce that they will no longer be matching 401k contributions. I guess having the lowest labor cost in the industry isn't good enough! I wonder WTF is next ???

 

[HSDriver]

Didn't you hear? Its only temporary.

 

[NETFLIER]

Here is an idea:

RUN, RUN FAST AND RUN HARD...

 

[mabelkitty]

It's temporary like the lay offs are temporary.
This is a shame.

 

[skyismyoffice]

I wonder WTF is next ???

How about...FLOPs employees show up for work and the doors are locked.

 

[DO-82 driver]

I wonder WTF is next ???

Write Up---- "Hard Landing, Aircraft may be bent."

 

[waka]

Here is an idea:

RUN, RUN FAST AND RUN HARD...

to where? or what?

 

[gunfyter]

NJ Middle East is hiring. 35 on 31 off.

If I needed a job I would do it in heartbeat. Seeing as not much is available in the States right now.

In 1998, I was flying out of Saudi Arabia (working with National Air Services which is NJ partner in Saudi) and Kuwait ... for less money on a 2 months on 3 weeks back home deal.

 

[skanza]

NJ Middle East...

...looks like a pretty good gig if you're ready to move. A single guy -or someone prepared to be away from the fam could probably make a bunch 'o money fast.

 

[993_Pilot]

NJ-ME sounds like a good plan B, since it feels like I am a employee on the Titantic. I guess that it is one more thing that we will have to negotiate for at the tables. I wonder what we'll have to give up to get it back???

 

[G200_PILOT]

You guys need to prepare for the worst. The writing is on the wall and it doesn't look. NJME is a good deal if you can move somewhere closer to Saudi Arabia. You can live wherever you want as long you understand that the company will only pay for economy seats. Hell, you could always try living right where you are for a while and see how it works. That's a ********************load of frequent flier miles baby!

 

[Publishers]

Literally everything here relates to the timeframe to get the country back on a positive economic outlook, the change of perspective necessary. If it takes a year, FLOPS will have trouble making it.

 

[FR8DOG777]

Genius, pure Genius. Once again publishers knows all that is ailing us. Don't you have some flogged out 727's to trade or something? The real question about flops is whether the pilots will accept a way substandard contract in fear of doors closing or stand up for what we rightfully deserve, equall pay and benefits. I would rather die on my feet than down on my knees. If they can't compete on an equal playing field I guess the laws of nature will kick in and the other fractionals will prosper from us shutting down. Now, back to your flight attendant training school boy.

 

[LizardEyes]

Njme Not Hiring!!!

.......

 

[shanes123]

word is HIG has given Flops Management till sep 09 to turn things around or they are going to Liquidate the company. So no need to worry about 401k or a contract at this point..Hope its not true but I would be polising my resume

 

[mabelkitty]

All economists predict a turnaround well into 2010 with some even pushing into 2011. That timeline isn't remotely feasible.

 

[shanes123]

doesnt matter what the Econimist predict.. Its what HIG wants to happen with there company and how long there willing to lose money before they cut there losses..Like so many other businesess have done lately

 

[z28b]

i guess you must be on the board to have that kind of info?

 

[MJPilot]

NJ Middle East is hiring. 35 on 31 off.

If I needed a job I would do it in heartbeat. Seeing as not much is available in the States right now.

Any idea of their mins??

The employment link on their webpage does not seem to work (www.njme.com)

 

[shanes123]

no not on the board..But a secret is only a secret until 2 people know it..I have heard FLOPS management is well aware of whats expected..You think there going to announce it publicly? Hey guys we got till sept..Everybody stick around and work real hard till then..