USA320Pilot
Veteran
- May 18, 2003
- 8,175
- 1,539
Deltawatch is correct in that MDA will add revenue, provide profits, and account for 23% of the mainline.
Further cost cuts will come from labor with the Pilot/Flight Attendant "Pref Bid" system reducing pilot positions by about 9% and F/A's by about 12%. The mainline/express classification will further reduce CWA and FSA positions.
Other potential cost cuts will come from the Pittsburgh hub negotiations and pension legislative relief if the DB Plan is restored. H.R. 2719 will lower pilot pension costs from the DC Plan obligation.
The company intends to consolidate wholly owned express operations, which may not be good for Piedmont and Allegheny employees, but this consolidation should reduce unit costs.
These are a few of the future cost cut items, with more likely to come.
Regards,
Chip
Further cost cuts will come from labor with the Pilot/Flight Attendant "Pref Bid" system reducing pilot positions by about 9% and F/A's by about 12%. The mainline/express classification will further reduce CWA and FSA positions.
Other potential cost cuts will come from the Pittsburgh hub negotiations and pension legislative relief if the DB Plan is restored. H.R. 2719 will lower pilot pension costs from the DC Plan obligation.
The company intends to consolidate wholly owned express operations, which may not be good for Piedmont and Allegheny employees, but this consolidation should reduce unit costs.
These are a few of the future cost cut items, with more likely to come.
Regards,
Chip