Virgin skywest ties go deeper

[aviationboy]

67k plus allowances and OT for FO/s? But the downside is 27k downpayment for endo with no bond option....

Tempting, but I'd like to see the agreement with respect to VB progression etc first. Also time to command is an issue... no one wants to sit in the right seat of an ATR forever with no hope of moving

[Boston]

aviation boy - not what I was told.. only a 12K / 12 months bond.. training provided at no cost, like the old days!

[GAFA]

There are some Ejet pilots who are keen to go across in training or checking roles for a period of time and have asked the company to look at it.

[Soar2384]

So anyone heard anything about bases apart from BN?

[Chadzat]

Soar- nothing has been heard, because its still early days and nothing has been decided. I dont think they have even decided if BN is definitely the first base.

You can have a fair idea of where bases will be in the future by looking at where the e170's are currently used.

[KRUSTY 34]

Interesting Re: the $27K upfront. Same rumour I heard a few weeks ago. The $12K/12 month bond sounds a lot more reasonalble, and rational!

Heard also that DJ are picking up the bill for the A/C leasing costs. Starting to sound a bit like the Continental/Colgan relationship. Will Skywest get to keep the money they earn, or wil DJ pay them a flat rate for sectors flown, ala Colgan?

[Chadzat]

Krusty- The agreement is an ACMI "Cost plus". So Aircraft, Crew (Tech and Cabin) Maintenance and Insurance costs plus a reasonable profit (probably in the realm of 5%) is what VB will pay to XR.

What would be very interesting to know (but is highly confidential no doubt) is the actual $$ amounts that have been agreed to with respect to the above.

[KRUSTY 34]

Thanks Chadzat, interesting indeed.

What I find perplexing is that such a deal can be done without all the costs (Crew wages and conditions for example) being finalised! Did XR simply say to DJ, "this is what we'll pay them", and the costings worked out on that basis. Was the deal conditional on certain Wages/conditions parameters? Were those parameters met? If not, will that impact on XR's income from DJ? Could explain the initial Gap in expectations between management and the pilot group.

I hope for all those concerned that it comes off. Perhaps I'm underestimating the organisational detail. At least I hope I am?

[Stiff Under Carriage]

So what is it gentleman?

$12K / 12 month bond or $27K no bond?

Two very different, and not even close costs that will certainly make the difference between considering the job or complete disregarding it?

Anyone know for sure?

[muII]

$12K / 12 month bond

This is what it states in their 2010 C.A.

[KRUSTY 34]

As a bond it sounds about right. REX bond their pilots $15K for the SAAB, but that's over 2 years. I think the SAAB endo costs approx $15-$20K, so I guess $12K bond for an ATR is still on the cheap side.

Shhhhh. They may be listening, er... watching,...reading, you know what I mean.

But as MUII said, I think a major win in the negotiations (when they finally took place) was the inclusion of the Skywest CA. And fair enough too!