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well that was quick.....
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B19 Flyer
....
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Concessions not only save jobs, they save companies fischman. That's why when an airline goes into bankruptcy because the union won't negotiate in good faith on their own, why jobs are saved.
AMR is about to find that out... yet again. Last time they went to the brink of bankruptcy before saving thousands of pilot and administrative jobs (along with probably the company) by taking concessions.
This time they will be court imposed. Either way, it's opening up the contract so the company spends less than it takes in. Like it or not, those are concessions. And they always save jobs.
Problem is, you still find it perfectly OK to sacrifice those below you on the seniority list to maintain your greed in the name of "brotherhood."
Yea, right...
fischman
Well-known member
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- Posts
- 2,360
Well guess what? We aren't on the verge of bankruptcy. We are not an airline. We know that any concession given will only line the pockets of our illustrious CEO with gold. We aren't that stupid.
Every airline that threatened furloughs if they didn't get concessions would furlough ANYWAY after they GOT the concession. If the company can't afford the CBA, they shouldn't sign it!
Seniority rules at a union shop. That means that the junior guys go first in a furlough. And yes, I would rather be on furlough than cheapen our CBA with a concession. If that displeases you, then I'm thrilled.
It looks like your firm is getting their checks from NetJets now? How are things at Avantair?
Yea Right.....Concessions and then management bonuses. Ok DA-19, lets hear it.
American drops exec bonus
Outcry from unions that took pay cuts prompts end of retention bonuses; exec pensions stay in place.
April 18, 2003: 6:03 PM EDT
NEW YORK (CNN/Money) - American Airlines announced Friday that its top executives have agreed to give up retention bonuses after an outcry from leaders of unions whose members had agreed to deep pay cuts earlier this week.
[FONT=Arial, Helvetica, sans-serif]Published on Tuesday, April 22, 2003 by the Washington Post [/FONT]
[FONT=Arial, Helvetica, sans-serif]CEOs You Don't Want in the Cockpit [/FONT]
[FONT=Arial, Helvetica, sans-serif]by Harold Meyerson[/FONT]
[FONT=Arial, Helvetica, sans-serif]CEOs You Don't Want in the Cockpit [/FONT]
[FONT=Arial, Helvetica, sans-serif]by Harold Meyerson[/FONT]
[FONT=Arial, Helvetica, sans-serif]It's a good thing that Donald J. Carty, the chairman and chief executive of American Airlines, doesn't also pilot one of its planes. If he did, and if the plane went into an uncontrolled dive and he handled it the same way he's running the company, he'd bail out as the plane fell to earth, drift dreamily down on a golden parachute, land lightly amid the carnage and give himself a nice cash bonus for coming through unscathed. [/FONT]
[FONT=Arial, Helvetica, sans-serif]Over the past week it has become clear that Carty has engaged in the same kind of double-dealing, to conceal the same kind of double standards, that last year made his fellow Texan and CEO Ken Lay a household name. [/FONT]
[FONT=Arial, Helvetica, sans-serif]While Carty was convincing American's pilots, mechanics, flight attendants and baggage handlers that they had to accept major pay cuts (ranging from 15.6 percent to 23 percent, and kicking in on May 1) if the airline was to avoid bankruptcy, he was secretly crafting a "retention bonus" for American's top seven executives that would reward them for staying at their posts until 2005. The bonuses, all but one set at twice these executives' annual salaries (Carty's would total $1.6 million), weren't keyed to performance -- a prudent proviso, because American lost $5.3 billion in 2001-02 and things aren't exactly looking up yet. Instead, they seem to derive from the maxim of business guru Woody Allen, who once noted that 90 percent of life is just showing up. Carty's corollary is that if you run the company, just being there can be grounds for doubling your pay so long as nobody's on to you. Nor was this all. Even as top American executives were telling the pilots that the company would eliminate their pension plans if it had to file for bankruptcy, Carty and his crew had secretly created a special pension trust for the company's top 45 executives that no creditor could even touch during a bankruptcy proceeding. More wondrous still, Carty and three other top honchos were to be paid extra for administering this trust. [/FONT]
[FONT=Arial, Helvetica, sans-serif]It gets worse. [/FONT]
http://www.commondreams.org/views03/0422-04.htm
Last edited:
CA1900
Big Member
- Joined
- Mar 17, 2002
- Posts
- 5,436
Repeating the same falsehood over and over doesn't make it any more true. It sounds like it should be true, but throughout the history of aviation, it just doesn't happen that way.
Here's how it normally works:
- Company says things are tight, and they need concessions to avoid furloughs.
- Pilots grant concessions.
- Company furloughs anyway because the business demand doesn't require those pilots.
- Remaining pilots now cost less, and management rewards itself with a fat bonus, earned by a flat-out lie to the employees.
We've seen these antics before. That's why we're not falling for it.
OH here is some more, check out this CEO's pay, 165million!(after he fired 850 people) How about them apples
Three weeks before Christmas in 2008, Philippe Dauman and Thomas E. Dooley, two top executives at Viacom Inc., wrote a “Dear Colleagues” letter to the employees of the media conglomerate informing them that the company was downsizing its workforce by 7 percent.
That represented 850 jobs, 850 human beings, who would be looking for work in the midst of the worst job market in 25 years. The layoffs were not performance based. Indeed, the men who wrote that Dec. 4, 2008, memo -- “Phil” and “Tom” is how they signed their names -- insisted that the departing employees should be proud of their contributions to the company that no longer needed them.
In an accompanying press release, Viacom also said that it hoped that the staff reductions, coupled with pay freezes for senior executives, would save some $200 million in 2009. It happened that way, too: That year’s financials showed the company’s revenues were nearly as high as in 2008, but with less overhead.
Apparently pleased with their own cost-cutting efforts, Dooley, Dauman (pictured), and Viacom Chairman Sumner Redstone paid themselves $165 million in salary, bonuses and stock options for the first nine months of the 2010 fiscal year. That figure is not a typo. Nor is it an isolated example.
http://www.realclearpolitics.com/ar...ay_and_job_losses_are_they_linked_111950.html
Three weeks before Christmas in 2008, Philippe Dauman and Thomas E. Dooley, two top executives at Viacom Inc., wrote a “Dear Colleagues” letter to the employees of the media conglomerate informing them that the company was downsizing its workforce by 7 percent.
That represented 850 jobs, 850 human beings, who would be looking for work in the midst of the worst job market in 25 years. The layoffs were not performance based. Indeed, the men who wrote that Dec. 4, 2008, memo -- “Phil” and “Tom” is how they signed their names -- insisted that the departing employees should be proud of their contributions to the company that no longer needed them.
In an accompanying press release, Viacom also said that it hoped that the staff reductions, coupled with pay freezes for senior executives, would save some $200 million in 2009. It happened that way, too: That year’s financials showed the company’s revenues were nearly as high as in 2008, but with less overhead.
Apparently pleased with their own cost-cutting efforts, Dooley, Dauman (pictured), and Viacom Chairman Sumner Redstone paid themselves $165 million in salary, bonuses and stock options for the first nine months of the 2010 fiscal year. That figure is not a typo. Nor is it an isolated example.
http://www.realclearpolitics.com/ar...ay_and_job_losses_are_they_linked_111950.html
That has been my observation too, Bent. And I think we will lose almost all our FOs, which is good news for pilots wanting to hire on at NJA.
I wasn't in the union when this happened, and am gratified the union did this. Not normal union behavior, for which it should be commended. This is the best union I have ever seen, by the way, with the possible exception of the SWA pilots union. I still don't agree with much of what NJASAP does and says, but when credit is due...
Won't be any hiring if you allow scope to erode.
True, if you are correct about the impact of the scope discussions. I just don't agree that NJA is trying to divert planes and pilots to EJM. Luthi's ravings don't impress me at all. He is a legend in his own mind, according to a couple of gold tie guys I have met recently.
Fair enough. What's your theory behind the company wanting relief?True, if you are correct about the impact of the scope discussions. I just don't agree that NJA is trying to divert planes and pilots to EJM. Luthi's ravings don't impress me at all. He is a legend in his own mind, according to a couple of gold tie guys I have met recently.
My understanding is they want the same amount of outsourcing as is the current agreement, but they want discretion on when to use them instead of being allowed so many per quarter, which effectively reduces outsourcing available during our busy quarters. This seems reasonable to me, the alternative being NJA would have to hire an excess of pilots just to service the busy times, rendering us overstaffed the rest of the year. This would be featherbedding, which in its latest iteration is what is sinking the US Postal Service, by the way.
nordo_2
Vatos Locos Forever
- Joined
- Jun 27, 2007
- Posts
- 203
G4 dude, you seem to have a very strong opinion regarding unions. Why do you continue to be bullied at NJ? With you’re vast, and extensive list of credentials, and like-minded good’ol boy network in the corporate world. Surely you can find a better fit for your ideological needs.
The "Guffstream" fleet meets my intellectual needs just fine. We have a bunch of very nice folks here.
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