Potential SAS shutdown?!
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Potential SAS shutdown?!
My girlfriend works for SAS in Copenhagen and they were all called in for a meeting today and told the airline may shut down this weekend unless there is a new pilot agreement by noon on Friday due to investors demands.
Keeping my fingers crossed for her sake, and for the sake of everyone that works there.
Keeping my fingers crossed for her sake, and for the sake of everyone that works there.
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The owners (read: Scandinavian governments) have demanded that the flying staff deliver 500 million kr in cost cuts and from what I understand all union except for the Danish cabin crew union (CAU) has delivered...
Time for a reality check CAU?
Yabadoo
Time for a reality check CAU?
Yabadoo
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I may have been mistaken, she said "crew" and for some dumb reason I assumed pilots, not cabin crew.
In any case, she was told the deadline is noon Friday. Good luck to all who are there.
In any case, she was told the deadline is noon Friday. Good luck to all who are there.
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Yabadoo, I think the rest of the unions have sent a joint letter to the CAU leaders to put their weapons down on his one. So, yes, it`s dead serious. From what I`ve read in today`s news, one of the main points of all this negotiating was that the unions agreed upon not to put forth any demands. Which CAU now has done. 
So, indeed, the reality check is in the mail
. But this is scary.
So, indeed, the reality check is in the mail. But this is scary.
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Enighet med CAU i natt: SAS i mål med ansatteforhandlinger | Nyhetsarkivet Børs og finans | E24
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Yeah great idea, and then they can hire some new pilots to half the money. Maybe even some off them want to buy a brand new typerating...Then they can start making real good money
Good luck all!
By the way...slightly ironical
Regards
Good luck all!
By the way...slightly ironical
Regards
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"Hvorfor gjør de ikke bare en kontrollert konkurs, skyter inn 5 milliarder og starter opp på blanke ark...??? !!!"
1. Fordi de ikke er konkurs.
2. Den som planlegger en konkurs driver ulovlig.
3. Ved en konkurs er det bostyrer som forvalter boet for å dekke mest mulig av kreditorenes krav, selskapets eiere og styret er ute av bildet.
1. Fordi de ikke er konkurs.
2. Den som planlegger en konkurs driver ulovlig.
3. Ved en konkurs er det bostyrer som forvalter boet for å dekke mest mulig av kreditorenes krav, selskapets eiere og styret er ute av bildet.
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SAS er farlig nærme en konkurs, uten de nye pengene er det vel kroken på døra. E24 skriver: Det skandinaviske flyselskapet er helt avhengige av pengetilførselen for å overleve...
Det er ikke ulovlig med kontrollert konkurs når kassa er tom og man går underskudd.
Det er ikke ulovlig med kontrollert konkurs når kassa er tom og man går underskudd.
Last edited by Engine_Failure; 12th Mar 2010 at 12:42.
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Hi collegues!
Please, try to write down in english
.....i forgot my svenska after my beauty swedish girlfriend left me 3 years ago 
...
Really interested in following this post.....
Good luck to all SAS team!!
Tack!
Please, try to write down in english
.....i forgot my svenska after my beauty swedish girlfriend left me 3 years ago ...Really interested in following this post.....
Good luck to all SAS team!!
Tack!
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Ehhh it`s the nordic forum but ok then... They have reached an agreement with all unions, even though the CAU (Danish Cabin Attendants Union) almost broke the entire company. It was live or die for SAS on this one. Some might say they are still on life support, and they would be pretty correct in saying so. But hopefully they are now in a position to start making a profit. Not yet, but at least there seems to be a path to follow. So we`ll just have to wait and see what the future brings.
. It was live or die for SAS on this one. Some might say they are still on life support, and they would be pretty correct in saying so. But hopefully they are now in a position to start making a profit. Not yet, but at least there seems to be a path to follow. So we`ll just have to wait and see what the future brings.
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Sooo, more paycuts for the crews to subsidize cheap tickets for Joe Sixpack?
Now we need another lowcost airline or two to start up with pay for training and mediocre wages so they can sell even cheaper tickets and put even more pressure on the established carriers....Good idea..
What percentage pay cut did the crews take this time and for how long?
Good luck to the SAS crews, this is the dark ages of avaiation and hopefully it wonæt last forever...
Now we need another lowcost airline or two to start up with pay for training and mediocre wages so they can sell even cheaper tickets and put even more pressure on the established carriers....Good idea..
What percentage pay cut did the crews take this time and for how long?
Good luck to the SAS crews, this is the dark ages of avaiation and hopefully it wonæt last forever...
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TD,
Very basically...and major points only...
Around 7% on salary (FD and CC)
Some extras gone (FD)
Per Diem down 12,5% (FD and CC)
2 pilots on all US east coast (EWR/IAD/ORD)
For CPH FD, reductions on pensions..2% plus loss of pension for pilots widow!
OSL and ARN FD have might have chosen other avenues with regards to pension, since pension laws are different from country to country, and OSL and ARN colleagues might have other preferences on what to do.
This was, in my opinion, the only way out to avoid company going tits up real soon. Lets hope my colleagues who are paying for typeratings and linetraining in competing airlines today, won't start also paying to just stay in the right seat also.
Because then I'll just pack it up, and join you as a 1 striped shipmate.
Rgds MDD
edited to say...paycuts are permanent..no roll back!
Very basically...and major points only...
Around 7% on salary (FD and CC)
Some extras gone (FD)
Per Diem down 12,5% (FD and CC)
2 pilots on all US east coast (EWR/IAD/ORD)
For CPH FD, reductions on pensions..2% plus loss of pension for pilots widow!
OSL and ARN FD have might have chosen other avenues with regards to pension, since pension laws are different from country to country, and OSL and ARN colleagues might have other preferences on what to do.
This was, in my opinion, the only way out to avoid company going tits up real soon. Lets hope my colleagues who are paying for typeratings and linetraining in competing airlines today, won't start also paying to just stay in the right seat also.
Because then I'll just pack it up, and join you as a 1 striped shipmate.
Rgds MDD
edited to say...paycuts are permanent..no roll back!
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MDD:
So, is the bean counters happy with the above?
Did they promise profitability and eternal happiness with this round of cutting fat?
Also you mentioned 2 pilot crews on ORD and IAD? Surely you will exceed 8 hours on the Westbound legs in the winter if not year around on those legs?
Don't know about JAR regs, but with FAA we got to carry 3 swinging Richards with more than 8 hours of block time.
More furloughs or fireings based on the new efficiency cuts?
Been there done that in 2003, we took a 23% paycut to save the company, then I took 100% later in the year when I got furloughed....Lean times back then. Got the job back in 07, but no snap-back on the pay, the extra dough ended up in managments pockets for their bonuses.
Now guys are ready to burn the house down and the motto around here is FUPM....F...You, Pay Me.
So, is the bean counters happy with the above?
Did they promise profitability and eternal happiness with this round of cutting fat?
Also you mentioned 2 pilot crews on ORD and IAD? Surely you will exceed 8 hours on the Westbound legs in the winter if not year around on those legs?
Don't know about JAR regs, but with FAA we got to carry 3 swinging Richards with more than 8 hours of block time.
More furloughs or fireings based on the new efficiency cuts?
Been there done that in 2003, we took a 23% paycut to save the company, then I took 100% later in the year when I got furloughed....Lean times back then. Got the job back in 07, but no snap-back on the pay, the extra dough ended up in managments pockets for their bonuses.
Now guys are ready to burn the house down and the motto around here is FUPM....F...You, Pay Me.
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Don`t think that management are in any position to promise happy skies in the near future. I think they`re happy with just barely keeping their heads above water, and have to start swimming to shallower waters. Redundancies are coming up once again, mostly admin positions from what I understand, though still some crew will have to leave. Albeit some of these will transfer to WF if/when the whole Westlink deal is agreed upon by all, but still some will be furloughed.
JAR regs are gone, TD. EASA is now the new sheriff in town, and a liberal one it seems. Don`t know how the FDPs translate to longhaul, but rule of thumb is that you are required to rest at least the same amount of time that you have been active. BTW, transport to/from the hotel does not count as duty. And I think the max duty time is 13 hours - but there are several reductions that need to be taken into account (landings, time of day etc). If you`re really interested, there is a website all about this called deadtired.eu
13th, when you were doing your initial training, probably with no income, did you pay tax? Does a P2F person who pays for 500 hours linetrainin actually need to pay tax? He/she is, by definition, training and not working. The race to the bottom continues
JAR regs are gone, TD. EASA is now the new sheriff in town, and a liberal one it seems. Don`t know how the FDPs translate to longhaul, but rule of thumb is that you are required to rest at least the same amount of time that you have been active. BTW, transport to/from the hotel does not count as duty. And I think the max duty time is 13 hours - but there are several reductions that need to be taken into account (landings, time of day etc). If you`re really interested, there is a website all about this called deadtired.eu
13th, when you were doing your initial training, probably with no income, did you pay tax? Does a P2F person who pays for 500 hours linetrainin actually need to pay tax? He/she is, by definition, training and not working. The race to the bottom continues
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Correct Guttn.
13th...you know what...state subsidies are illegal in the EU...but SAS,Wallenberg and the 3 governments must have forgotten that little detail. Darn. Once again they havent done their homework.
Of course this has nothing to do with actually protecting the taxpayers investment.
Better close it down, and send 15.000 workers/taxpayers plus thousands of sub contractors/taxpayers to the unemployment line.That would be a much smarter move by the governments. Then all those people could claim benefits from the governments,the same money flowing into the taxmans coffer's, from all those that pay to work, and as such fill the governments coffers with huge amounts of money,while scre...over this whole industry
Did I hit a raw nerve?
13th...you know what...state subsidies are illegal in the EU...but SAS,Wallenberg and the 3 governments must have forgotten that little detail. Darn. Once again they havent done their homework.
Of course this has nothing to do with actually protecting the taxpayers investment.
Better close it down, and send 15.000 workers/taxpayers plus thousands of sub contractors/taxpayers to the unemployment line.That would be a much smarter move by the governments. Then all those people could claim benefits from the governments,the same money flowing into the taxmans coffer's, from all those that pay to work, and as such fill the governments coffers with huge amounts of money,while scre...over this whole industryDid I hit a raw nerve?