RPM
Well-Known Member
-105 Captain downgrades in addition to the 75 or so last couple months, massive displacements again, more furloughs to come # unknown
-SJU base closing
Bankruptcy term sheet presented, 75 million in cuts at Eagle overall. At AA they have refused to negotiate any changes into the term sheet so far with a "take it or we will go to the judge attitude", so I am expecting exactly the same for us.
This contract will bring us right to the BOTTOM of the industry for regionals.
Cliff notes:
-43.1 million in cuts from the pilot group alone, 20% cuts of the overall pilot payroll
-8 year contract duration
-Guarantee reduced to 70 hrs/month
-loss of 1 vacation week a year
-PBS implemented
-reserve rules changed for the worse
-401K match, 2% cut
-Pay bands implemented
-18yr top scale Captains pay cut and capped at 15yr pay. 15 yr Ca reduced to 14yr. We have 600+ captains maxed out at step 18 currently. Just based off min guarantee, this is a $7,000/yr cut. In reality much more.
-Additional 5% cut to ALL captain pay on top of the reduced longevity scale
-Additional Captain pay longevity freeze of 1year upon Date of signing
-Captain pay scale will be modified from 70 seat jet up to 76 seat jet, same pay rate
-No IAI adjustment for 2013-2014 (this is our annual guaranteed 2% raise) so another big cut.
-Loss of PVD's (personal vacation days)
-25 cent reduction in Per-diem (appx. $1,000 tax free cut a yr)
-DH pay reduced to 50%
-5 yr + FO's forced to upgrade if vacancy available
-ability to bid for annual training dates removed
-Company required computer based distance learning changed to "unpaid"
-if training cancels pilot will be changed to reserve status
-limit voluntary training events after new hire to 1
-FAA required training programs will be paid 3.5hr value of the day max, not missed trip pay
-Co-domiciles allowed
-Regular lines may contain reserve days built in
-SJU base closing
Bankruptcy term sheet presented, 75 million in cuts at Eagle overall. At AA they have refused to negotiate any changes into the term sheet so far with a "take it or we will go to the judge attitude", so I am expecting exactly the same for us.
This contract will bring us right to the BOTTOM of the industry for regionals.
Cliff notes:
-43.1 million in cuts from the pilot group alone, 20% cuts of the overall pilot payroll
-8 year contract duration
-Guarantee reduced to 70 hrs/month
-loss of 1 vacation week a year
-PBS implemented
-reserve rules changed for the worse
-401K match, 2% cut
-Pay bands implemented
-18yr top scale Captains pay cut and capped at 15yr pay. 15 yr Ca reduced to 14yr. We have 600+ captains maxed out at step 18 currently. Just based off min guarantee, this is a $7,000/yr cut. In reality much more.
-Additional 5% cut to ALL captain pay on top of the reduced longevity scale
-Additional Captain pay longevity freeze of 1year upon Date of signing
-Captain pay scale will be modified from 70 seat jet up to 76 seat jet, same pay rate
-No IAI adjustment for 2013-2014 (this is our annual guaranteed 2% raise) so another big cut.
-Loss of PVD's (personal vacation days)
-25 cent reduction in Per-diem (appx. $1,000 tax free cut a yr)
-DH pay reduced to 50%
-5 yr + FO's forced to upgrade if vacancy available
-ability to bid for annual training dates removed
-Company required computer based distance learning changed to "unpaid"
-if training cancels pilot will be changed to reserve status
-limit voluntary training events after new hire to 1
-FAA required training programs will be paid 3.5hr value of the day max, not missed trip pay
-Co-domiciles allowed
-Regular lines may contain reserve days built in