1. Sure lower first year pay, but better rates on 3 seats (counting the first 190 raise). I said better. Definitely room for improvement (especially in year 2 bus FO and all CA rates).
2. 5% 401k AND 5% guaranteed profit sharing payment.
3. B fund being looked at. Apr 16? Go check that email you got from SG again.
4. Stock Options? WHO THE F- CARES. Of the pilot group, I bet 75% plus are under water. Time is clicking away btw. I got in before the split which really means I have 3,000 more worthless options than you do.
5. Mark my words, we will soon become an Embraer airline. The Bus side movement is minimal. They just said no upgrades in the May bid (for June) and promptly slid two May classes in order to get our pitiful FO training program back on track. Don't expect any upgrades during the summer -- it's just cheaper to RSA then it is to pay monthly CA guarantees. Attrition may solve some of your upgrade problems, but with the fence coming down and all, who knows. At 50-70 a year, that makes it a 4-6 year upgrade for me (low 1200s) FROM TODAY. That's without anymore delivery snafus or Airbii sales.
Note: the last CA bid went surprisingly deep into the seniority list (low 900s). There are still a lot of bubbas bypassing because reserve is now at 17 months and counting (ref: a CA friend of mine). He predicts 2-3 more months. Reserve improvements could go both ways. Maybe some dudes who have been bypassing will fleet up, maybe not. I of course put my Bus CA bid in for any seniority level. Maybe I will snag the left seat on a wild pitch. But to pass up the seat (and the PIC) could prove disastrous (read Embraer comment again) for those determined to wait.
Fortune Favors the Bold.