Please tell me, without using the words NetJets, CitationAir or FlexJet, what exactly is "standard" pay in this economic environment? 6-digit salaries at year 10 for a BJ or Phenom PIC are not realistic - at this time.
I call BS on this. If
every other major player in the fractional market can afford it, then Flops should be able to as well, or our management should be replaced. Berkshire Hathaway, Bombardier, or Cessna aren't going to subsidize the wealthy to fly around on private jets either, they're in business to make money and they have a responsibility to their share holders.
Explain this to me: Avantair is not backed by Berkshire Hathaway, Bombardier, or Cessna, yet their pay scales are far superior to ours, and their revenues per aircraft are far lower than Flops. I believe they're a publicly held company and have everyone on a 7/7 schedule too. Explain why they can make this work. yet Flops can't. I'll be waiting for an answer.
...We will not be offered a release. How long has it been since a 121 carrier was released to self help? (1998) This is a fact of life under the RLA, and it just sucks. But it is still a fact. At this stage of the game, without a self-help option, what would you propose going forward?
How do you know this is a fact? Because someone told you so? Perhaps the IBT leadership expects to get a "
NO" vote, but want's to be able to go back to the table with more leverage. If that's the case, they could never tell you so, or they would be in violation of the RLA. Perhaps they also want to get as many people as possible current on their dues again, because many of the MIGS are starting to falter due to the length of this process. We don't necessarily need to be released, we just need a stronger position from which to negotiate. A "
NO" vote will do this.
...Perhaps you're in a better financial position personally that most of us to weather another year with wage stagnation / deflation. If so, good on you. I've done what I had to do financially to make it work (I have no boat, no 2nd house, an older truck - paid off, low debt, etc). But even I have my limits.
Perhaps I am better positioned than most to weather out the storm, but we all knew this was coming. If you or anyone else can't afford to live at your current salary for another year, they you're just foolish... and piss poor planning on your or anyone else's part, doesn't constitute any urgency on my part. I say we hold out for better compensation or get this thing shortened to a 2 year, option for 3 by mutual agreement. Either would be OK with me.
Your points are well thought out 993, and I appreciate your position. But I'll be trying to convince people otherwise. We'll have to agree to disagree.
Still voting YES.
I'll still be voting
NO, along with lots of other that I have talked to, unless it is amended before they mail it out !