First Delta, now Continental

MikeD · November 19th, 2004, 21:46

http://money.cnn.com/2004/11/18/news...reut/index.htm

MQAAord · November 19th, 2004, 23:38

"What? Wait, everyone else is getting gobs of concessions from their pilots? Oh, well then

WE NEED SOME TOO........

Waaahhhhh, we want concessions, NOW"

Cherokee_Cruiser · November 20th, 2004, 01:15

Ah, joining the band wagon!

All carriers have had it rough, but if I had to pick one that's reaaaaaly had it bad, it's USAirways. Pilot salaries have been cut on huge order of magnitudes. Highest paid 737 captains are now at $125 per hour, 757/767 highest capts. at $144, and the biggest equipment A330 Capts now at $160.

You'd think it would stop... but now, USAirways wants to CANCEL the labor agreements of flight attendants, mechanics, etc. WTF?!?!? ALL groups have given sooooo much, and now, they are starting to squeeze blood out of a rock... by trying to get a judge to cancel their labor agreements.

The way I see it, with that many cuts and still losing money, throwing employees down a deeper #####hole will NOT solve the problem. Management, wake up!!!!!!

I sincerely hope that the judge turns down the management's proposal to cancel labor agreements.

flyover · November 20th, 2004, 10:59

[ QUOTE ]
ALL groups have given sooooo much, and now, they are starting to squeeze blood out of a rock... by trying to get a judge to cancel their labor agreements.

The way I see it, with that many cuts and still losing money, throwing employees down a deeper #####hole will NOT solve the problem. Management, wake up!!!!!!

[/ QUOTE ]

Agree with you that these people have sacrificed hugely. But this is the kind of thing you see with a company in it's death throes.

In the past many companies have gone quickly, one day the employees wake up and read in the paper that there is no job to come to. Then they wait for some court to tell them what their final check and retirement will look like. Braniff was an example of that, in a blink it was over.

For companies like USAir that put up such a long fight I think the idea is to hang on long enough that someone will come in to acquire all or part of the operation. In a way it is the only hope the employees have of continuing their careers. So maybe there is some upside to hanging on by your fingernails and buying time.

Clearly that's what the pilots are hoping as they give concession after concession.

November 19th, 2004, 21:46	#1
MikeD Administrator Join Date: Feb 2003 Location: Pinal Airpark Posts: 6,897	First Delta, now Continental http://money.cnn.com/2004/11/18/news...reut/index.htm

November 19th, 2004, 23:38	#2
MQAAord Super Moderator Join Date: Jun 2003 Location: The Looney Bin Posts: 9,624	Re: First Delta, now Continental "What? Wait, everyone else is getting gobs of concessions from their pilots? Oh, well then WE NEED SOME TOO........ Waaahhhhh, we want concessions, NOW"

November 20th, 2004, 01:15	#3
Cherokee_Cruiser Senior Member Join Date: Sep 2001 Posts: 1,419	Re: First Delta, now Continental Ah, joining the band wagon! All carriers have had it rough, but if I had to pick one that's reaaaaaly had it bad, it's USAirways. Pilot salaries have been cut on huge order of magnitudes. Highest paid 737 captains are now at $125 per hour, 757/767 highest capts. at $144, and the biggest equipment A330 Capts now at $160. You'd think it would stop... but now, USAirways wants to CANCEL the labor agreements of flight attendants, mechanics, etc. WTF?!?!? ALL groups have given sooooo much, and now, they are starting to squeeze blood out of a rock... by trying to get a judge to cancel their labor agreements. The way I see it, with that many cuts and still losing money, throwing employees down a deeper #####hole will NOT solve the problem. Management, wake up!!!!!! I sincerely hope that the judge turns down the management's proposal to cancel labor agreements.

November 20th, 2004, 10:59	#4
flyover Old Skool Join Date: Mar 2004 Location: Georgia Posts: 3,389	Re: First Delta, now Continental [ QUOTE ] ALL groups have given sooooo much, and now, they are starting to squeeze blood out of a rock... by trying to get a judge to cancel their labor agreements. The way I see it, with that many cuts and still losing money, throwing employees down a deeper #####hole will NOT solve the problem. Management, wake up!!!!!! [/ QUOTE ] Agree with you that these people have sacrificed hugely. But this is the kind of thing you see with a company in it's death throes. In the past many companies have gone quickly, one day the employees wake up and read in the paper that there is no job to come to. Then they wait for some court to tell them what their final check and retirement will look like. Braniff was an example of that, in a blink it was over. For companies like USAir that put up such a long fight I think the idea is to hang on long enough that someone will come in to acquire all or part of the operation. In a way it is the only hope the employees have of continuing their careers. So maybe there is some upside to hanging on by your fingernails and buying time. Clearly that's what the pilots are hoping as they give concession after concession.

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