Goodbye Contracts
- Thread starter jaq01
- Start date
just got off thr phone with my station manager, who just got off the conference call. U will petition the BK judge on Friday to abrogate current labor agreements and grant "emergenct" cost reductions. Ah well....TransatlanticFlyGuy
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Are we talking the entire contracts going away or just a emergency reduction in pay?
PITbull
Veteran
- Dec 29, 2002
- 7,784
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Well, this is a temporary means. Unions will have the chance to argue their reasonability and equitable fairness. Keep in mind that some BK lawyer's opinions have been published and say this is highly irregular and punitive motion, and doesn't necessarily mean a judge will go along with it.
How did U go from reporting a $34 million profit for second quarter results and its present condition of losing $3.3 million a day as they just reported?
Fuel prices have gone down since second quarter; not up. And U had hedged fuel at .87 cents for this year, and 5% for next year according to the Co. slide presentation of Feb. 6.
Obviously, Bronner's big mouth last month speaking of liquidation surely impacted August bookings that were reported in the DOT.
Now, I'm sure that the future bookings are dropping off compared to last year because of a BK filing that U expects the employees to make up the difference.
How did U go from reporting a $34 million profit for second quarter results and its present condition of losing $3.3 million a day as they just reported?
Fuel prices have gone down since second quarter; not up. And U had hedged fuel at .87 cents for this year, and 5% for next year according to the Co. slide presentation of Feb. 6.
Obviously, Bronner's big mouth last month speaking of liquidation surely impacted August bookings that were reported in the DOT.
Now, I'm sure that the future bookings are dropping off compared to last year because of a BK filing that U expects the employees to make up the difference.
The letter that was given out is the special bulletin for today on USDaily.
The manager seemed to think that if the CWA were to work to an agreement, it would be only the $13.10/hr for agents or nothing that the company would agree to. If they dont agree to that, they will ask the court for an even lower wage. So much for negotiations. Pack it up boys, looks like the end starts officially on Friday. :down:
The manager seemed to think that if the CWA were to work to an agreement, it would be only the $13.10/hr for agents or nothing that the company would agree to. If they dont agree to that, they will ask the court for an even lower wage. So much for negotiations. Pack it up boys, looks like the end starts officially on Friday. :down:
WestCoastGuy
Veteran
- Jun 27, 2004
- 813
- 0
I suspect the likes of Messer's Glass, Crellin, and Lakefield are all rubbing their hands with glee at the thought of destroying every union on the property. This appeared to be their move all along the past 3 months of "negotiations".
All the wishful thinking you have is not going to change this. Unions are playing against a stcked deck and the BK Judge will grant the company anything and everything it ask for. The lawyers can argue all they want but this has been carefully planned!!!! These guys are money experts and they are completely focused on the lowest cost in the industry!! Do you really think they care if you don't like it or if you leave?????
Hi everyone,
US management can petition the court for "emergency" reduction, however, this is only temporary. Management still needs to negotiate with each labor group for a contract with any permanent changes they desire.
Here's the catch...At the end of the negotiating process and a TA is reached (assuming one IS reached), any agreement goes to the individual union for approval, via what ever process that union has in place (leadership ratification, member ratification, etc.). If that union REJECTS the proposals, BOTH parties are released from negotiation, and may immediately enter self-help (IE Lockout or Strike). There is NO 30 day cooling off period, and NO provisions for a PEB or congressional settlement, and the BK judge cannot force employees to remain at work.
Of course, the company is free impose any working conditions they wish, and to go out and hire replacement workers. That's easier said than done in cases where FAA certification or qualification is an issue. First is finding enough people to do it, and even in an abrieviated program takes weeks. You don't just pluck people off the street and plop them into the cockpit or turning wrenches, no matter what their certificates say.
In this case, if just about any of the labor groups reject and walk away, you can bet US will be idled, ensuring its liquidation.
I wouldn't bet on ALPA backing ANY kind of seniority aborgation. It's the bedrock of their contract and a core principle.
Nu
US management can petition the court for "emergency" reduction, however, this is only temporary. Management still needs to negotiate with each labor group for a contract with any permanent changes they desire.
Here's the catch...At the end of the negotiating process and a TA is reached (assuming one IS reached), any agreement goes to the individual union for approval, via what ever process that union has in place (leadership ratification, member ratification, etc.). If that union REJECTS the proposals, BOTH parties are released from negotiation, and may immediately enter self-help (IE Lockout or Strike). There is NO 30 day cooling off period, and NO provisions for a PEB or congressional settlement, and the BK judge cannot force employees to remain at work.
Of course, the company is free impose any working conditions they wish, and to go out and hire replacement workers. That's easier said than done in cases where FAA certification or qualification is an issue. First is finding enough people to do it, and even in an abrieviated program takes weeks. You don't just pluck people off the street and plop them into the cockpit or turning wrenches, no matter what their certificates say.
In this case, if just about any of the labor groups reject and walk away, you can bet US will be idled, ensuring its liquidation.
I wouldn't bet on ALPA backing ANY kind of seniority aborgation. It's the bedrock of their contract and a core principle.
Nu
WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
- 10,662
- Banned
- #12
US won't be around in time for unions to negotiate permanent agreements. How do you think US is going to execute a transformation plan that includes regional jets when the financing has been withdrawn and the deliveries halted?
WestCoastGuy
Veteran
- Jun 27, 2004
- 813
- 0
I believe, just like Braniff, US will disappear and then reappear as a "new" model. It is only a matter of time. I have all "my ducks in a row" and ready for that day. I hope my collegues also have plans for the day when the doors will close.
