JetBlue Question, M&A

[Flyer1015]

This is a honest, straight up question. No flame intended. I want to know so I can make an educated decision when the time comes.

What protects JetBlue in the event of a M&A scenario? Is there anything in the PVC (the management/pilot contract thing) that addresses this? And can it be held up in a M&A scenario?

Thanks!

 

[$$$4nothin]

This is a honest, straight up question. No flame intended. I want to know so I can make an educated decision when the time comes.

What protects JetBlue in the event of a M&A scenario? Is there anything in the PVC (the management/pilot contract thing) that addresses this? And can it be held up in a M&A scenario?

Thanks!

Yes there is. Most likely not. However do to the amount of retirements at all of the Legacy carriers I am not to worried about getting a crap deal out of any M&A. Then again I am on the bottom of the list here at B6 so being at the bottom of an AA/B6 list(per say) wouldn't be to big of a deal. Senior guys here feel very different about it though.

 

[1678]

Until a CBA exists for the B6 pilots, it's up to MGMT to decide how much they want to
fight for the pilots "rights". Since all B6 pilots are on individual contract and even with the "useless" 5 documents that MGMT now are pushing as ground braking (it has more holes than a Swiss cheese.) there is nowhere it stipulates that B6 pilots are covered
by the McCascill-Bond. So if a M&A was to happen right know B6 pilots would be the
Guinea Pig for this as it would relate to 2000+ individual pilots on identical contracts.

The short answer: NOTHING.

 

[StarChecker]

JetBlue is better than any regional.

JetBlue is NOT a career carrier. You could come here until the real majors start hiring and then bail. Or wait it out and just go somewhere with some real retirements on the horizon. I have a blue dart that I can't give away and I don't really blame them.

My sponsor and app is in at FedEx. Hoping for the call soon.

 

[Fins Up]

I've been here 5.5 years. I'm upgrading on the bus in a few months. This places has issues, like every other place does, but I'm hoping to stay here for another 15-20 years. I'm no blue-juicer either. I voted for a CBA and was very disappointed it didn't happen. Just my point of view.

 

[BeachBummer]

The short answer: NOTHING.

Yeeeeap.... what this guy said.

 

[Flyer1015]

So each of your has a physical piece of paper in your possession that spells out a 5-year contract period at a time?

 

[Beechnut]

So each of your has a physical piece of paper in your possession that spells out a 5-year contract period at a time?

Yep...

 

[Flyer1015]

Has their ever been a case in which a pilot was up on the 5 years and refused to be offered another 5 year term?

 

[oldxfr8dog]

Has their ever been a case in which a pilot was up on the 5 years and refused to be offered another 5 year term?

I don't think so.

 

[coogebeachhotel]

In the event of a merger expect lots of infighting. I suspect that deals under the table would be made. Who is in fact the custodian of our $2 million legal defense purse is a mystery. I would imagine after a merger and guys scatter across the seven seas the whole thing would be a mess.

 

[ArmadilloJackal]

Flyer1015, it's an evergreen contract. It automatically renews unless fired for cause.

 

[Lake Alice]

While the PEA's is evergreen as it pertains to Jetblue the situation becomes complicated in the likely event of an M/A. Any acquiring carrier will simply argue we must fight our integration individually. It will be a horrendous situation to say the least.

 

[oldxfr8dog]

While the PEA's is evergreen as it pertains to Jetblue the situation becomes complicated in the likely event of an M/A. Any acquiring carrier will simply argue we must fight our integration individually. It will be a horrendous situation to say the least.

The 3A is a great example.
Without a CBA, it's in a lawyer's court.
Without any JB pilot input, of course.

Come to JB if you really need a job, but keep upgrading the resume for when the majors hire.

 

[Lake Alice]

Use the job to get where you want to go. Come, do a good job and leave when proper opportunity presents itself.

 

[SennaP1]

So what percentage "go" when the MAJORS start hiring, all the FOs, all the Jr. CAs. Last time I've seen it written over 300 left, true?

What Major do they go to?
American
United?
USAir.

...

 

[BeachBummer]

I don't know the exact # because it's debatable who went where for what reason. but in 2007-early2008 there was a mass departure. Many here feel that there will be another in 2012-2013 as other more "prominent" carriers ramp up hiring.

 

[Lake Alice]

Though no one wants to work for an airline that is considered a stepping stone unfortunately that is where we are with Jetblue. The JBPA campaign caused some changes and the 2007 attrition brought about others. Hopefully this last ALPA drive will force further improvements but only if everyone contacts their friends and encourages a "No" vote.
These latest documents endorsed by Jetblue are not what they appear to be and are not beneficial to this pilot group.

Please vote NO and force Jetblue to make the cost neutral changes.

 

[1678]

From what I have heard the healthcare premiums are about to hit the ceiling also (unverified).
Normally the open enrollment would be open now, but I guess they are are waiting until all the MORONS have voted yes to the 5 mocuments this year....

 

[Lake Alice]

The 5 documents unlike a CBA simply reference healthcare and have no direct bearing on whether our premiums are raised. Remember, your PEA states you have to be provided health benefits but as Jetblues history has proven the increase in premiums is simply passed on to the employee. It makes no reference to the quality, triggers or what is contained within. Lastly, you have no say in what is offered to you. While the company has told the pilot group the PVC would be involved in the process last year is the perfect example of that. In a brief moment of transparency the PVC sent out an email stating they were excluded from the process all together.