ATA767
Topic Author
Posts: 418
Joined: Wed Jul 23, 2003 6:33 am

ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 6:49 am

The word is that pilots vote and approve concession package. I thought it was to be done by the 30th but here is the word on the street:

Yes 424 59.22%
No 292 40.78%
84% Voting
 
Indy
Posts: 3957
Joined: Thu Jan 20, 2005 1:37 pm

RE: ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 8:25 am

I guess thats good for them. Does this mean TZ will be able to exit bankruptcy? Or is this just another measure to hold on to life for a few more months?
Indy = Indianapolis and not Independence Air
 
Vortex
Posts: 97
Joined: Fri Jul 16, 2004 10:31 pm

RE: ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 9:40 am

I hear the Union scared the pilots with misinformation regarding certain aspects of the effect of the 1113(c) Motion!
 
ChiGB1973
Posts: 1394
Joined: Mon Mar 22, 2004 6:39 am

RE: ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 9:42 am

Hmm, well, better than no job, but I hate it for the great pilots there. I flew with a lot of them, most are excellent! They had come such a long way!

M
 
c5onknees
Posts: 152
Joined: Mon Jun 06, 2005 8:54 am

RE: ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 11:20 am

Just another way the management at ATA can screw over their pilots once again with paycuts, all the while wasting money on everything under the sun. And yes ChiGB1973, the pilots (one is my dad) at ATA are excellent and are looking for the best interest of the company, which management there should be doing.
 
ATA767
Topic Author
Posts: 418
Joined: Wed Jul 23, 2003 6:33 am

RE: ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 12:21 pm

I think at some point, people will realize that ATA is the little airline that could. The pilots at ATA are great but they had to take a look around and see that EVERY other airline is cutting salaries and not hiring, what choice did they have. This will really help ATA to exit Bankruptcy sooner than later and be more competitive airline.
 
Vortex
Posts: 97
Joined: Fri Jul 16, 2004 10:31 pm

RE: ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 2:46 pm

But by looking around, don't the ATA pilots realize they are the lowest paid in the industry? It is also not always about the money; benefits suffer as well. I think everyone at ATA, inlcluding the pilots, realized the company needed "help". I also know the pilots were willing to help, but there was a difference of opinion of how to help. The real issue is the union not supporting its members, but rather misinforming its members in a scare campaign.
 
stlgph
Posts: 9056
Joined: Tue Oct 12, 2004 4:19 pm

RE: ATA Pilots Vote For Further Support Of Airline

Thu Sep 29, 2005 3:00 pm

Quoting Vortex (Reply 6):
But by looking around, don't the ATA pilots realize they are the lowest paid in the industry?

As of right now, perhaps, but doesn't it sound like with all the recent cuts from the other carriers they're all to be on the same level.

Quoting C5onknees (Reply 4):
And yes ChiGB1973, the pilots (one is my dad) at ATA are excellent and are looking for the best interest of the company, which management there should be doing.

hello, contradiction.

Quoting Indy (Reply 1):
I guess thats good for them. Does this mean TZ will be able to exit bankruptcy? Or is this just another measure to hold on to life for a few more months?

from my understanding it was to make a tremendous difference.

glad to hear the pilots have come to this deal, no matter their personal sacrifice. it at least buys them time which could play out to be very important a la changes that may come to some of their competitors that could open up new doors and opportunity for this cute little airline providing it with a bright new future.
if assumptions could fly, airliners.net would be the world's busiest airport
 
Vortex
Posts: 97
Joined: Fri Jul 16, 2004 10:31 pm

RE: ATA Pilots Vote For Further Support Of Airline

Mon Oct 03, 2005 2:58 am

The company's financial position is not as dire as it may seem. Minus bankruptcy and other one time expenses, the company has an operational loss of about $400,000 for the year. Not bad considering other companies are really bleeding.

It is my understanding the new pilot contract provides certainty needed to finalize some exit financing.