What will Air Canada pilots do with their $0 bonus?

Discuss topics relating to Air Canada.

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CGFCK
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What will Air Canada pilots do with their $0 bonus?

Post by CGFCK »

Ouch...looks like record profits for the airline but a record low for profit sharing after giving it away.

Would have been max bonus payout based on the EBITA...how much is everyone giving up now?

Getting a pay raise on concessions...yikes

Don't tell other ALPA carriers about this bold strategy. You might get thrown out by security
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altiplano
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Re: What will Air Canada pilots do with their $0 bonus?

Post by altiplano »

Only did see the profit share pay out a handful of times around here...

Going into a recession now? Weak leadership and direction?

I'd rather see ALPA focus on straight salary gains going forward. I'm happier with money in the bank every month.
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Montroyal
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Re: What will Air Canada pilots do with their $0 bonus?

Post by Montroyal »

altiplano wrote: Fri Feb 14, 2025 3:18 pm Only did see the profit share pay out a handful of times around here...

Going into a recession now? Weak leadership and direction?

I'd rather see ALPA focus on straight salary gains going forward. I'm happier with money in the bank every month.
Does this mean other ALPA pilots with already superior pay & work rules with bonus plans aren't "focused"?
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TheStig
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Re: What will Air Canada pilots do with their $0 bonus?

Post by TheStig »

CGFCK wrote: Fri Feb 14, 2025 2:19 pm Ouch...looks like record profits for the airline but a record low for profit sharing after giving it away.

Would have been max bonus payout based on the EBITA...how much is everyone giving up now?

Getting a pay raise on concessions...yikes

Don't tell other ALPA carriers about this bold strategy. You might get thrown out by security
Do you understand the difference between revenue and profit or are you just trying to spread misinformation? Air Canada had record revenue, its operating profit dropped by over a billion dollars. The EBITDA trigger would have been met, I believe it was somewhere around 13.5%(minimum trigger) - 19%(max payout limit) but was 2.1% lower than 2023 at 16.1%. Pilots would have seen a much smaller payout based on a smaller percentage of a smaller profit.
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hithere
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Re: What will Air Canada pilots do with their $0 bonus?

Post by hithere »

It’s Valentines Day, stop posting on avcanada and go get laid
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3rdWorldClassPilot
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Re: What will Air Canada pilots do with their $0 bonus?

Post by 3rdWorldClassPilot »

Montroyal wrote: Fri Feb 14, 2025 5:05 pm
altiplano wrote: Fri Feb 14, 2025 3:18 pm Only did see the profit share pay out a handful of times around here...

Going into a recession now? Weak leadership and direction?

I'd rather see ALPA focus on straight salary gains going forward. I'm happier with money in the bank every month.
Does this mean other ALPA pilots with already superior pay & work rules with bonus plans aren't "focused"?
He is focused on what Air Canada pilots can give up for the next round for "secured gains"
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Freshredmeat
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Re: What will Air Canada pilots do with their $0 bonus?

Post by Freshredmeat »

TheStig wrote: Fri Feb 14, 2025 5:21 pm
CGFCK wrote: Fri Feb 14, 2025 2:19 pm Ouch...looks like record profits for the airline but a record low for profit sharing after giving it away.

Would have been max bonus payout based on the EBITA...how much is everyone giving up now?

Getting a pay raise on concessions...yikes

Don't tell other ALPA carriers about this bold strategy. You might get thrown out by security
Do you understand the difference between revenue and profit or are you just trying to spread misinformation? Air Canada had record revenue, its operating profit dropped by over a billion dollars. The EBITDA trigger would have been met, I believe it was somewhere around 13.5%(minimum trigger) - 19%(max payout limit) but was 2.1% lower than 2023 at 16.1%. Pilots would have seen a much smaller payout based on a smaller percentage of a smaller profit.
Fact Check

It was 16.1% for 2024

It would have been the max payout

Oops
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aeronauticaldisaster
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Re: What will Air Canada pilots do with their $0 bonus?

Post by aeronauticaldisaster »

TheStig wrote: Fri Feb 14, 2025 5:21 pm
CGFCK wrote: Fri Feb 14, 2025 2:19 pm Ouch...looks like record profits for the airline but a record low for profit sharing after giving it away.

Would have been max bonus payout based on the EBITA...how much is everyone giving up now?

Getting a pay raise on concessions...yikes

Don't tell other ALPA carriers about this bold strategy. You might get thrown out by security
Do you understand the difference between revenue and profit or are you just trying to spread misinformation? Air Canada had record revenue, its operating profit dropped by over a billion dollars. The EBITDA trigger would have been met, I believe it was somewhere around 13.5%(minimum trigger) - 19%(max payout limit) but was 2.1% lower than 2023 at 16.1%. Pilots would have seen a much smaller payout based on a smaller percentage of a smaller profit.
My math shows an EBITDA of 3.586 and a total revenue of 22.3. Divide those 2 numbers and multiply by a 100 and you get 16.05%

Max payout
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Man_in_the_sky
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Re: What will Air Canada pilots do with their $0 bonus?

Post by Man_in_the_sky »

30% is what we have already secured.

Old condition with a bonus still sucked. We got a whole different package. 67% are happy, move on, go buy flower.
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737Drver
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Re: What will Air Canada pilots do with their $0 bonus?

Post by 737Drver »

What concessions will you guys give up next round?

I couldn't imagine giving up your bonus during record industry revenues. It's wild.
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troisrivieres
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Re: What will Air Canada pilots do with their $0 bonus?

Post by troisrivieres »

Man_in_the_sky wrote: Fri Feb 14, 2025 7:11 pm 30% is what we have already secured.

Old condition with a bonus still sucked. We got a whole different package. 67% are happy, move on, go buy flower.
Tabarnac

A recall is in the works and apparently "67% are happy"

When there is smoke, there is fire
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FelixGustof
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Re: What will Air Canada pilots do with their $0 bonus?

Post by FelixGustof »

Are 67% pilots really that happy having the worst legacy pilot contract in the industry?

Honest question.
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ClearedDirect
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Re: What will Air Canada pilots do with their $0 bonus?

Post by ClearedDirect »

FelixGustof wrote: Fri Feb 14, 2025 9:25 pm Are 67% pilots really that happy having the worst legacy pilot contract in the industry?

Honest question.
Not the ones who know their worth.

Delta just got their 10% bonus on top of their vastly superior pay & quality of life guarantees.

They would never entertain giving up their bonus for percentage gains that barely meet what other airline pilot groups are getting.

This is simply people covering up their tracks because their egos can't handle the truth that the pilot group failed to reach max gains. It's just business but some have hurt buttholes and need to rationalize being the ass end of legacy airline pilots.

It's like ACPA all over again. Sad.
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Man_in_the_sky
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Re: What will Air Canada pilots do with their $0 bonus?

Post by Man_in_the_sky »

take it with a grain of salt and go back loading a caravan up north boys ! it's an anonymous forum.
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FelixGustof
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Re: What will Air Canada pilots do with their $0 bonus?

Post by FelixGustof »

How much did every pilot lose with this concession then?
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GeoffPilot
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Re: What will Air Canada pilots do with their $0 bonus?

Post by GeoffPilot »

FelixGustof wrote: Sat Feb 15, 2025 9:34 am How much did every pilot lose with this concession then?
An avg payout in 2024 was around $15k. Multiply that by 5000 pilots and it makes it a $75 million concession.

New wages was around $250 million.

So take $75m divided by $250m and you get roughly 30%. 30% of new wages came from money members got last year.

Then depending on what fleet you are and the low monthly hours and industry worst hours guarantee, many members received very marginal (if any) improvements in actual pay.

Not good
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FelixGustof
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Re: What will Air Canada pilots do with their $0 bonus?

Post by FelixGustof »

GeoffPilot wrote: Sat Feb 15, 2025 11:24 am
FelixGustof wrote: Sat Feb 15, 2025 9:34 am How much did every pilot lose with this concession then?
An avg payout in 2024 was around $15k. Multiply that by 5000 pilots and it makes it a $75 million concession.

New wages was around $250 million.

So take $75m divided by $250m and you get roughly 30%. 30% of new wages came from money members got last year.

Then depending on what fleet you are and the low monthly hours and industry worst hours guarantee, many members received very marginal (if any) improvements in actual pay.

Not good
So basically Air Canada got the worst contract improvement of any pilot group in recent negotiations
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PostmasterGeneral
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Re: What will Air Canada pilots do with their $0 bonus?

Post by PostmasterGeneral »

FelixGustof wrote: Sat Feb 15, 2025 1:03 pm
GeoffPilot wrote: Sat Feb 15, 2025 11:24 am
FelixGustof wrote: Sat Feb 15, 2025 9:34 am How much did every pilot lose with this concession then?
An avg payout in 2024 was around $15k. Multiply that by 5000 pilots and it makes it a $75 million concession.

New wages was around $250 million.

So take $75m divided by $250m and you get roughly 30%. 30% of new wages came from money members got last year.

Then depending on what fleet you are and the low monthly hours and industry worst hours guarantee, many members received very marginal (if any) improvements in actual pay.

Not good
So basically Air Canada got the worst contract improvement of any pilot group in recent negotiations
Oh well. You’ll be fine.
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PostmasterGeneral
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Re: What will Air Canada pilots do with their $0 bonus?

Post by PostmasterGeneral »

CGFCK wrote: Fri Feb 14, 2025 2:19 pm Don't tell other ALPA carriers about this bold strategy. You might get thrown out by security
ALPA was the organization who handed the AC pilots that deal.

ACPA hasn’t existed for awhile. Air Canada pilots switched to ALPA before negotiations began, in case you weren’t aware.
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Man_in_the_sky
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Re: What will Air Canada pilots do with their $0 bonus?

Post by Man_in_the_sky »

funny to see people not on the payroll complain.

Did you frame your PFO letter yet ?
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crystalpizza
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Re: What will Air Canada pilots do with their $0 bonus?

Post by crystalpizza »

GeoffPilot wrote: Sat Feb 15, 2025 11:24 am
FelixGustof wrote: Sat Feb 15, 2025 9:34 am How much did every pilot lose with this concession then?
An avg payout in 2024 was around $15k. Multiply that by 5000 pilots and it makes it a $75 million concession.

New wages was around $250 million.

So take $75m divided by $250m and you get roughly 30%. 30% of new wages came from money members got last year.

Then depending on what fleet you are and the low monthly hours and industry worst hours guarantee, many members received very marginal (if any) improvements in actual pay.

Not good
Lol.. you realize many pilots were also not getting anywhere near $15k right?
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Chateau
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Re: What will Air Canada pilots do with their $0 bonus?

Post by Chateau »

crystalpizza wrote: Sat Feb 15, 2025 3:23 pm
GeoffPilot wrote: Sat Feb 15, 2025 11:24 am
FelixGustof wrote: Sat Feb 15, 2025 9:34 am How much did every pilot lose with this concession then?
An avg payout in 2024 was around $15k. Multiply that by 5000 pilots and it makes it a $75 million concession.

New wages was around $250 million.

So take $75m divided by $250m and you get roughly 30%. 30% of new wages came from money members got last year.

Then depending on what fleet you are and the low monthly hours and industry worst hours guarantee, many members received very marginal (if any) improvements in actual pay.

Not good
Lol.. you realize many pilots were also not getting anywhere near $15k right?
I think the key word you're missing is average

It varied from pilot to pilot but that figure would be ballpark for sure
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thepoors
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Re: What will Air Canada pilots do with their $0 bonus?

Post by thepoors »

Man_in_the_sky wrote: Fri Feb 14, 2025 7:11 pm 30% is what we have already secured.

Old condition with a bonus still sucked. We got a whole different package. 67% are happy, move on, go buy flower.

take it with a grain of salt and go back loading a caravan up north boys ! it's an anonymous forum.

Did you frame your PFO letter yet ?
*offensive comment deleted by Sulako. It's not nice to tell people to kill themselves. Next time is a vacation.*
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newlygrounded
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Re: What will Air Canada pilots do with their $0 bonus?

Post by newlygrounded »

ClearedDirect wrote: Fri Feb 14, 2025 10:05 pm
FelixGustof wrote: Fri Feb 14, 2025 9:25 pm Are 67% pilots really that happy having the worst legacy pilot contract in the industry?

Honest question.
Not the ones who know their worth.

Delta just got their 10% bonus on top of their vastly superior pay & quality of life guarantees.

They would never entertain giving up their bonus for percentage gains that barely meet what other airline pilot groups are getting.

This is simply people covering up their tracks because their egos can't handle the truth that the pilot group failed to reach max gains. It's just business but some have hurt buttholes and need to rationalize being the ass end of legacy airline pilots.

It's like ACPA all over again. Sad.
What makes you think a strike wouldn't go to arbitration? What makes you think an arbitrator would give more than a single digit percentage increase?

Pretty much every large union last year that striked got sent to arbitration!
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Montroyal
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Re: What will Air Canada pilots do with their $0 bonus?

Post by Montroyal »

newlygrounded wrote: Mon Feb 17, 2025 4:21 pm
ClearedDirect wrote: Fri Feb 14, 2025 10:05 pm
FelixGustof wrote: Fri Feb 14, 2025 9:25 pm Are 67% pilots really that happy having the worst legacy pilot contract in the industry?

Honest question.
Not the ones who know their worth.

Delta just got their 10% bonus on top of their vastly superior pay & quality of life guarantees.

They would never entertain giving up their bonus for percentage gains that barely meet what other airline pilot groups are getting.

This is simply people covering up their tracks because their egos can't handle the truth that the pilot group failed to reach max gains. It's just business but some have hurt buttholes and need to rationalize being the ass end of legacy airline pilots.

It's like ACPA all over again. Sad.
What makes you think a strike wouldn't go to arbitration? What makes you think an arbitrator would give more than a single digit percentage increase?

Pretty much every large union last year that striked got sent to arbitration!
Lol...Air Canada pilots were so pathetically paid and had been negotiating for a year with a well known mediator. There was a clear paper trail of negotiating.

The leaked offer was already 25% with Pierre Poilievre publicly stating he didn't understand why AC pilots make so much less than US pilots. Even to match WJ a massive raise was required.

This is one hilariously gutless post. @#$! me.
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