the turtle
GO TERPS!
- Joined
- Jan 12, 2003
- Posts
- 242
Today the Pittsburgh Tribune-Review reported negotiators for the Air Line Pilots Association and US Airways settled Thursday night on pay rates for MidAtlantic's new Embraer 170 planes. Under the tentative pact, a captain's pay would be capped at $58,000 a year on the 70-seat aircraft, and a first officer would make about $35,000.
"This would be an extremely competitive pay rate for the company that should go a long way in addressing their (regional jet) financing concerns," said pilots union spokesman Jack Stephan, adding that he is confident the union's governing body would "put its stamp" of approval on the proposal, the newspaper wrote.
GE Capital is financing US Airways' $2.1 billion purchase of 85 Embraers; the purchase is expected to be completed by September 2006. But the lender has been concerned about uncertainties clouding US Airways' ability to repay.
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Good luck XJet and ASA guys in getting a Comair-style contract.
Now the question we need to ask, I think, is: How does ALPA allow a MAJOR to agree to accept a contract who's wages are lower than most regionals, including Mesa?
"This would be an extremely competitive pay rate for the company that should go a long way in addressing their (regional jet) financing concerns," said pilots union spokesman Jack Stephan, adding that he is confident the union's governing body would "put its stamp" of approval on the proposal, the newspaper wrote.
GE Capital is financing US Airways' $2.1 billion purchase of 85 Embraers; the purchase is expected to be completed by September 2006. But the lender has been concerned about uncertainties clouding US Airways' ability to repay.
____________________________________________________
Good luck XJet and ASA guys in getting a Comair-style contract.
Now the question we need to ask, I think, is: How does ALPA allow a MAJOR to agree to accept a contract who's wages are lower than most regionals, including Mesa?