Not really, in 2018 you negotiate based on whats out there in the industry. Thats how it works under the RLA, you may want to read up on it. A PEB looks at what both parties are asking for and what the rest of the industry has and the history. Wages are at an all time low in real terms, and profits are at an all time high. If wages can take double digit delves then they can also take double digit increases. This deal adds an extra year onto what you have without granting AA the synergies it needs to reach maximum profitability. Its not as if the company has nothing to gain here. The company is not really in a position to say take it or leave it because they want the synergies. The question is what the the values, was AA giving you good numbers? The Union should demand the same methodology be used to calculate the value of profit sharing as they used to calculate the concessions they gave. Looking back, not forward.galley princess said:What part of "binding arbitration" is cloudy?
This thread is about the flight attendant contract, flight attendant issues and what is BEST FOR FLIGHT ATTENDANTS.
You want to fall on a sword for profit sharing, have at it.
Supposedly, this management gave the flight attendants another shot at this TA.
The merged AA flight attendant contract will be this TA or a reduced arbitrated version, with the term. The arbitrator isn't going to adjust the term either. He is only going to reduce it by 82 million.
If indeed there is another chance for flight attendants to vote in a superior alternative to an arbitrated contract worth 82 million less, then it is ridiculous not to take it.
Obfuscating the reality of our position is in the interests of whom, I do not know, but certainly not the flight attendants.
The choice is clear. Vote for a raise, or vote for a reduced compensation contract. That's reality, that is the truth, the rest is hyperbole and crap.
BTW, In 2018 the rules will be the same. You negotiate from the contract you're in, not what you wish it to be. So voting this down merely increases the height of the step up you want to take later.
What you seem to forget is that for pretty much our entire lives there has been inflation, so time plays a big part in the height of the step you talk about. If the Union were to argue for a 2016 amendable date what would be the companies argument against it? Sure they have 2018 now, but that was struck with a different company that was in bankruptcy, not one making $4 billion year in profits, and how can the flight attendants at AA say they have a contract that meets the stated intent if it goes so many years beyond the amendable date of its comparator union? You do realize that up until the last few contract funds airline contracts were typically 2 year deals don't you? Well with the robust balance sheets the airline no longer can rage that it needs to show long term concessionary deals to survive. After all they don't have such deals with its largest expense-fuel.