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United offering $100K buyouts to flight attendants
United Airlines on Monday said it will offer some flight attendants buy-out packages, as it recalls flight attendants who are on voluntary and involuntary furlough. United, which has too many flight attendants, will offer lump-sum payouts of up to $100,000 for flight attendants who apply for the early out and meet certain service and eligibility qualifications. (www.chicagotribune.com) Plus d'info...
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Since they're going in order of seniority, that's a year or two of wages -- not too much in their grand scheme. It'll pay off by FY2016.
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Airlines always want the more senior f/a's to go first...they get paid the most but fly the least, so airlines don't get as much productivity out of them compared to their pay. The younger f/a's usually don't even qualify for buyout packages because their too young, or haven't worked for the company long enough, or both. At the same time they're also bringing back furloughed f/a's because those people were already at the bottom of the seniority list and they're pay rate would be similar to that of a newly hired f/a.
Whatever happened to the good ole days where you got laid-off because the company couldn't afford to keep you and that was that. Now it's all about taking your boss to the cleaners. These unions make me sick, and they're a big reason why ticket prices have risen over the years and airlines are going bankrupt.
Did you ever fly prior to deregulation? If not, then sit back and let me tell you about some ticket prices.
Before deregulation lots of people didn't fly because they couldn't afford the clothes, let alone the ticket. Been a while. Once upon a time airliners weren't populated by Wallyworld.
35 years ago, airlines didn't even know how to price their service. Every time the Brotherhood wanted a raise they essentially went to the CAB, got it, and it got passed along in the ticket prices. Truck and Rail were in the same shape. When somebody did figure it out and cut the pricing some, they either matched it and those matching didn't know how they could do that and probably took a loss or they didn't match it at all, lost the business, and went out, as a bunch did. If you'll look at a detailed history of those that left the market, they either couldn't get their costs under control and lost their a**, or they gathered up their toys and quit before they did. Wasn't much middle ground. The marketplace is not very forgiving.
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