More specific then for those challenged.
#1 Significant Early out Retirement Option - Keeping ccurrent retirement medical should be sufficient, with a 15 month window.
#2 Allow currently employees to remain at current payscales and pay premiums
#3 Allow for less license pay/requirement in overhaul for new employees upgrading or hiring into overhaul. Only paying for license required by the Q.A.M.. New or recalled employess only. AA will be able to change Q.A.M. License Requirements, grandfathering current employees into their current status.
#4 New hires will be on new payscale and health plans that wiil allow a transition to MRO payrates/cost for overhaul.
#5 Line pay will then be transitioned to market rates of pay for that work duty.
#6 Hard Freeze the M&R pensions but do not terminate them. All employees transfer to 401K Match.
#7 Allow Overhaul to have an independent profit sharing plan from 3rd party work.
#8 Allow Line to have their own independent profit sharing plan from their 3rd party work.
#9 Both Independent Profit Sharing Plans for 3rd Party Maintenance will be in addition to the new company wide profit sharing plans.
#10 Create an independent review panel to insure proper calculations of 3rd party profits/cost outs.
#11 Recall of RIF's employees will be into new payscales and options, allowing current OSM's to come into full overhaul Maintenance.
#12 Create apprentice type of program to allow all employees without license to get their certificates via experience recognition. Include tuition and license testing reimbursement. This will crreate a new pool of employees that may want to transfer and move to the line stations for the higher pay. Or later advance to Crew Chief/Inspector positions in overhaul.
#13 Allow for full overhaul base 7 day coverage and shift work. Implementing a Bid Shift/Bid Days Off by seniority. This will prevent 20+ year employees from involuntarily being placed in undesireable shift and days off work. New and/or recalled employees will be informed in advance and placed into undesireable shift/days off schedules.
Reasoning, early out will create openings for hire and lower average cost. The more that hired, the more average cost drops.
Line and Overhaul will no longer be on the same payscale, but transfer and seniority list will remain together. Qualifications requires to bump, upgrade, or transfer. As older employees retire, the cost of overhaul reduces.
That is a simple rough start and will surely need tweaking to complete the transition.
OK Informer let's review your plan.......
#1. Twu just submitted early out plan......let's wait and see if AA bites.
#2. AA already proposed keeping remaining employees at current payscales, except for 500 or so amt's that downgrade to OSM's. The whole reason for layoffs is to lower the overall labor cost in order to be competative, right???
#3. They are eliminating the license premiums for downgrades to OSM. Any recalls to OH will come in as OSM's.
#4. "new hires"????? with 4600 + amt's on layoff, AA won't be hiring anytime soon.
#5. If your proposing WN or UPS wages......I don't see that happening with the TWU looking for alternative ways to save jobs!! Even with the 7.5% increases over 6 years will place us at the bottom. This may be detrimental to the other airline mechanics that just saw their wages rise.
#6. I don't see AA moving away from terminating the plans. It's definitely one of the reasons why they went BK. Unless the PBGC fights tooth and nail, the pensions are done.
#7, #8, #9, #10. I think you believe the company will just create all of these plans to appease OH. I think your days are numbered and AA will look to shrink OH, unless they create an MRO.
#11. You actually believe OSM's will eventually become AMT's??? They want more OSM's and less AMT's according to their term sheet.
#12. I don't believe AA is looking at creating more AMT's.
#13. TUL will be 24/7/365 very soon. I believe AA will look to very lengthy bid system.....maybe even permanent bids. Right now I elect to work nights....down the road I may not have a choice!
I hope your right Informer, but I just don't believe AA will look at any viable & alternative plan. I think AA has their own plans for OH, and it's not good. Sorry!