Good news for Jazz!!

Discuss topics relating to Jazz Aviation LP.

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kingtwo
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Good news for Jazz!!

Post by kingtwo »

Nah, I'm just fuking with you, obviously there is no good news at Jazz. Made you look tho.

Ps: ALPA, you still out there? Calin sure is!!!
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navajo_jay
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Re: Good news for Jazz!!

Post by navajo_jay »

Are you talking about the Chorus share that went up 6% http://ca.finance.yahoo.com/q?s=CHR-B.TO today as well? Oh wait they're gonna give away all the money we saved to the investors! :finga:
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Mône
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Re: Good news for Jazz!!

Post by Mône »

Oh and another one that went under the radar, AC picked GGN to do the new US routes feeding.
http://web.tmxmoney.com/article.php?new ... ymbol=AC.B
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kingtwo
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Re: Good news for Jazz!!

Post by kingtwo »

Exactly, and the coup de grâs is loosing RJ flying to Georgian.

Definition: A coup de grâce (/ˌkuː də ˈɡrɑːs/; French for "blow of mercy") is a death blow to end the suffering of a severely wounded person or animal. (And, in this case, company)
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mbav8r
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Re: Good news for Jazz!!

Post by mbav8r »

A coup de grace would be nice at this point, instead of death by a thousand cuts and then pouring a vinegar and salt solution in the wounds.
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toelessjoe
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Re: Good news for Jazz!!

Post by toelessjoe »

Wanna see the Toeless one get a reprimand from the mods? Maybe even punted off? Ok, here goes...

Lot of good people at Jazz, including friends of mine. Which kind of makes you an (here's where I get into trouble :smt040 ) a$$hole!

Hope things are nice and secure where you are. A$$hole. Now go tell a mod you were cyberbullied by a guy they call Toeless.

And since you made me go ahead and start a kerfuffle over the interweb, which is really kind of stupid, I also kinda feel like kicking you in the manberries (which my Buddhist-like beliefs won't let me do btw.) A$$hole.

To everyone else, have a Merry Christmas! Except you. You go f**k yourself. :finga:

- Toeless.
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mbav8r
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Re: Good news for Jazz!!

Post by mbav8r »

Thanks Toeless, Merry holidays to you and yours.
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toelessjoe
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Re: Good news for Jazz!!

Post by toelessjoe »

mbav8r wrote:Thanks Toeless, Merry holidays to you and yours.


You to. :goodman: Much hugs and such.

- Toeless.
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RGL
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Re: Good news for Jazz!!

Post by RGL »

Funny thing is kingtwo will pop back in here from time to time to see who he is trying to piss off. 30 years I've been flying planes and it amazes me how many immature people get kicks out of starting threads like this and running away.
Mods should shut it down an block people like king2 since they have no value to give.

Rgl
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Black Cat
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Re: Good news for Jazz!!

Post by Black Cat »

kingtwo wrote:Nah, I'm just fuking with you, obviously there is no good news at Jazz. Made you look tho.

Ps: ALPA, you still out there? Calin sure is!!!

You are right, Calin LIVES and so does his masterplan.
Here are his blueprints from 499 days ago

Take not that ALPA and ACPA are his targets and there will be dark days ahead.....




Air Canada Final Offer Highlights

• TA1 minus major new concessions worth $165 million

Scope
• Most provisions mirror TA1
• New sections forecast reduction or elimination of Embraer fleet – 60 planes, 643 jobs
• Guarantee to operate at least 60 EMJ removed
• Removes guarantee to grow Embraer fleet to match CPA growth
• Removes guarantee to shrink CPA fleet with Embraer mainline shrinkage
• Section added to “mitigate the effects for the Air Canada Pilots who may be adversely affected by changes being considered which could reduce the number of Embraer aircraft.”

• Junior pilots equal to number of EMJ pilots on July 31, 2012 protected from furlough (estimate 643 jobs)

• Protection “will not apply in the case of a reduction in the Embraer fleet due to adverse economic circumstances which also requires a reduction of flying hours or a reduction of other aircraft types operated by Air Canada.”

• Forecasts outsourcing of Domestic and Transborder flying to other carriers

• Codesharing with Tier 2 CPA Carriers permitted

• Codesharing with Tier 2 Carriers allowed on Transborder routes

• Transborder Joint Venture allowed with United/Continental

• Removes section from TA1 stating that Air Canada will grow its Domestic and Transborder flying and MJA or NJA flying “at least equitably for the growth of flying that is subcontracts to CPA carriers.”

• Removes guarantee to operate at least 86 A319/320/321 aircraft – 40 planes, 473 jobs at risk

• CPA carriers allowed to operate up to 60 MJA with up to 76 seats

• Allows AC to reduce Airbus fleet or equivalent by 2 NJA for every 1 WJA added to the fleet

• 100 planes and associated jobs in narrow body fleet at risk


Scheduling
• Removes Multi-Month Blocking

Pay Groupings
• Eliminated
• EMJ removed from Position Group

Term
• Five years
• Expires April 1, 2016

Pay Increases
• April 1, 2011 2%
• August 1, 2012 5%
• April 2, 2013 3%
• April 2, 2014 2%
• April 2, 2015 2%

Expenses
• Meal allowances increased, but calculations changed for international
• Incidental expense removed
• Cash for meals removed
• No meals provided for pilots on PIT course

Course Rights
• New Restrictions
• New hires have one restricted course right (within Group – WC, NC, WF, NF, RP)
• New hires have one unrestricted course right (to any position)
• One additional unrestricted course right after 15 and 25 years of service

Low Cost Carrier
• Terms same as TA1, but no blended rates associated with pay groupings
• Pay increases annually on August 1 at same rate as mainline

CARs
• Support relaxation of “10 Hour Rule”

Age 60
• Pilots cannot bid wide body FO after reaching age 60
• Can remain as Captains until age 65
• After reaching age 65, pilots can only bid RP or narrow body FO
• Company can replace one pilot if both scheduled are age 60 or older
• Rules change if ICAO Standards change
• Pilots bidding to a lower-paying position paid at lower rate
• Pilots changing position to continue flying past age 60 or 65 can bump more junior pilots
• Freeze may apply to pilots 12 – 30 months from age 60 or 65, with pay protection
• Pilots required to provide 12 months notice of intent to retire
• Pilots who complete last 12 months without taking GDIP or 8+ sick days get 40 hour pay bonus
• Pilots who do not provide 12 months notice will not receive SRP for 12 months after retirement

Pension
• Concessions estimated at $556 million
• Changes effective January 1, 2014
• Member contributions increased by 1.5% of earnings
• If RPP funded below 100%, member contribution to SRP goes to RPP, Company contributes nothing to SRP
• Members working past age 60 continue to contribute to pension until retirement, 35 years service or age 71
• Early retirement eligibility raised to age 60 or 30 years service
• Unreduced pension age raised to age 65 or age 60 plus 30 years service
• Pension actuarially reduced if taken before 65 or less than 30 years service
• Terms above change to 25 years of service, if Association supports Corporation’s application for funding relief from the federal government
• Pension deferred to age 65 for pilots terminating under age 55, before eligibility for retirement
• Pilots retiring age 55 or older get immediate, reduced pension
• Additional life insurance for CAIL pilots cancelled
• DC plan for new hires, with two components
• Basic - Pilot determines contribution at 3% - 6% of earnings, Company matches
• Supplementary - Additional Company contribution after two years service:
 2 – 5 years service 37.5% of earnings
 5 or more years 75% of earnings
• Contributions capped at limits under Income Tax Act, when earnings reach $139,212
• Contributions end at 35 years of service
• Members on disability do not contribute and Company contributes 3% of earnings
• Members provided with investment options and pay for investment management
• Federal government funding relief requested January 2014 – December 2023
• Deficit payments capped at $150 million per year (ACPA support required)
• No MPU increases
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