PILOTS vote Yes

[usairways_vote_NO]

66% vs 34%

 

[Phoenix]

http://aviationblog.dallasnews.com/2015/01/american-airlines-pilots-approve-new-contract-66-34.html/
 
Part of the new culture.  Its in the news before even your own union posts it....
 
They knew way ahead of the end, and that is why they never moved an inch.  No "calendar day" deal because it wasn't necessary.  

 

[nycbusdriver]

It really is sad that, even 45 minutes after the news made it to public media, our "Communications" Committee has not sent out an email, nor put anything at all on the APA website.

 

[commavia]

It really is sad that, even 45 minutes after the news made it to public media, our "Communications" Committee has not sent out an email, nor put anything at all on the APA website.

 
APA put the results up on Twitter at 10:01am and issued a press release at 10:42am

 

[jimntx]

In this day and age it's extremely important that any press release be carefully vetted and made as absolutely accurate as possible.  We've all seen what happens when a reporter--regardless of the medium--writes or announces a story with only partial information.

 

[Phoenix]

 
APA put the results up on Twitter at 10:01am and issued a press release at 10:42am

 
 
Twitter?  Who over 30 years old knows what twitter is?  
 
P.S.  Why doesn't the company "twitter" my retro check to me?  They are late!  Late I say!

 

[swamt]

Well with the numbers reported, they wanted it.  94% of pilots voted (awesome turn out), 66% Yes, 34% NO.  I guess with those raises they were willing to let PS as well some duty language go out the window.  Congrats to all the pilots.  Time to move onto the mechanics group...

 

[CMH_GSE]

A 23% raise got voted in ,
...in other news, water is wet.

 

[WNMECH]

A 23% raise got voted in ,
...in other news, water is wet.

 

 

[FWAAA]

Are the pilots in line to get another 4% increase on top of their newly ratified contract, like the flight attendants receieved?

 

[Jacobin777]

Are the pilots in line to get another 4% increase on top of their newly ratified contract, like the flight attendants receieved?

 
Not so sure, but talk about an increase in costs!
 
"While American Airlines has said the outcome will increase its costs by about $650 million in 2015, analysts view the news as a win for the airline, which appears to have earned the favor of its workers while locking in a joint contract faster than newly merged airlines often do."
 
"About 66 percent of the pilots who voted cast their ballots in favor of the contract, which will raise their pay by 23 percent retroactive to Dec. 2 and by another 3 percent above their original wages retroactive to Jan. 1, plus another 3 percent in 2016."
 
http://www.reuters.com/article/2015/01/30/us-american-airline-workers-idUSKBN0L31XC20150130

 

[FWAAA]

It's a lotta dough. $50 million of that $650 million is the December retro, so the running tab is $600 million plus the $267 million granted to the pmUS pilots in the MOU. They needed a lot to climb out of their bottom-of-the-industry payscale.

 

[WorldTraveler]

no, it's $650 million just for 2015 PLUS $50M for 2014 in retro pay plus the extra 3% in rates for each of the next several years.



"In a regulatory filing Jan. 12, American said the pilot contract would increase its cost by $650 million in 2015, and it would incur another $50 million in December 2014 costs because the pay raises would be retroactive to Dec. 2."


the pilots and the FAs are the two most expensive contracts because of the size of the FA group and the average salaries of pilots but the tab for merger related pay raises is now larger than the BK cuts that AA imposed on its own workforce.

and if I understand it correctly, both the FA and pilot agreements have clauses that require adjustment based on what other carriers do with their salaries.

 

[IORFA]

http://aviationblog.dallasnews.com/2015/01/american-airlines-pilots-approve-new-contract-66-34.html/
 
Part of the new culture.  Its in the news before even your own union posts it....
 
They knew way ahead of the end, and that is why they never moved an inch.  No "calendar day" deal because it wasn't necessary.  

Using your logic, why didn't they do something to get the F/A's to vote yes if they were monitoring the count the whole time? Same reason. They didn't need to. Although, for a different reason than you think. The arbitrated contract would have been better for the company as well. When you wn either way, why would you think they would negotiate against themselves?

 

[FWAAA]

no, it's $650 million just for 2015 PLUS $50M for 2014 in retro pay plus the extra 3% in rates for each of the next several years.



"In a regulatory filing Jan. 12, American said the pilot contract would increase its cost by $650 million in 2015, and it would incur another $50 million in December 2014 costs because the pay raises would be retroactive to Dec. 2."

Wrong again. Your source isn't too good at reading comprehension, and since you didn't look at the source document, you repeated someone else's error. Not unusual for you.

From the 8-K:

On January 3, 2015, the Company reached a tentative agreement (TA) with its pilots on a five-year JCBA. That TA is currently subject to a membership ratification vote now scheduled to be completed by January 30. If the TA is ratified by January 30, 2015, new, higher pay rates would be implemented retroactive to December 2, 2014. The Company estimates that a ratified contract by January 30 would increase its 2015 cost of pilot compensation and benefits by approximately $650 million (inclusive of $50 million for December 2014 which will be a special charge in the first quarter of 2015).

See the word "inclusive?" That means that $50 million of the $650 million is the retro, and $600 million is the 2015 component.