Scotia agree but its a secret
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Scotia agree but its a secret
Picked this up from www.chc.ca but it doesn't say what has been agreed.....any clues????
CHC and UK Pilots' Union agree on contract terms
ST. JOHN'S, NF, Nov. 8 /CNW/ - CHC Helicopter Corporation ("CHC") (TSE:
FLY.A and FLY.B; NASDAQ: FLYA) advises that its UK operating subsidiary, CHC Scotia Limited, and the British Air Line Pilots' Association (BALPA) have agreed to revised contract terms that allow both parties to meet their objectives.
The revised offer will be sent by BALPA to its members with a recommendation that they vote for acceptance. The ballot will close Monday November 19 and the results will be announced that day.
CHC is pleased to have reached this stage and hopeful that the pilot workforce find the revised offer acceptable. Upon acceptance, this will be a 38-month collective agreement running from May 1, 2002 to June 30, 2005.
CHC Helicopter Corporation, through its subsidiaries and investments, is a leading provider of helicopter transportation services to the oil and gas industry, with a combined fleet of 324 helicopters operating in 21 countries, and more than 2,300 employees worldwide.
CHC and UK Pilots' Union agree on contract terms
ST. JOHN'S, NF, Nov. 8 /CNW/ - CHC Helicopter Corporation ("CHC") (TSE:
FLY.A and FLY.B; NASDAQ: FLYA) advises that its UK operating subsidiary, CHC Scotia Limited, and the British Air Line Pilots' Association (BALPA) have agreed to revised contract terms that allow both parties to meet their objectives.
The revised offer will be sent by BALPA to its members with a recommendation that they vote for acceptance. The ballot will close Monday November 19 and the results will be announced that day.
CHC is pleased to have reached this stage and hopeful that the pilot workforce find the revised offer acceptable. Upon acceptance, this will be a 38-month collective agreement running from May 1, 2002 to June 30, 2005.
CHC Helicopter Corporation, through its subsidiaries and investments, is a leading provider of helicopter transportation services to the oil and gas industry, with a combined fleet of 324 helicopters operating in 21 countries, and more than 2,300 employees worldwide.
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Chopperman,
Looks like she ain't clearing her nostrils never mind tuning up.
Come on, tell us what's really happening as opposed to CHC press handouts, according to them you have turned over with your belly up. I don't believe that for a second.
Tell us as much as you can...
Looks like she ain't clearing her nostrils never mind tuning up.
Come on, tell us what's really happening as opposed to CHC press handouts, according to them you have turned over with your belly up. I don't believe that for a second.
Tell us as much as you can...
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BBC News is carrying a story which states 18,000 over two years and 2.5% in the third year. See http://news.bbc.co.uk/hi/english/uk/...00/1645489.stm
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BBC News
Aberdeen-based helicopter pilots who threatened strike action over pay have been offered an £18,000 salary increase.
Their employers, CHC Scotia, and the British Pilots Association (Balpa) agreed on Thursday to a revised deal under which pilots will receive the increase over two years - with a further 2.5% in the third year.
The helicopter pilots had threatened to walk out unless the pay gap between them and aeroplane pilots was narrowed. Staff will be balloted on the deal by Balpa, with the results expected next month.
CHC Scotia is the North Sea's biggest helicopter firm, operating about 45 flights a day for oil companies including BP, Mobil, Talisman, Exxon and TotalFinaElf.
Balpa general secretary Christopher Darke said: "The gap will be closed over two years, not three-and-a-half which the company had earlier insisted on, and the agreement will mean a pay increase for pilots of up to £18,500 over the two years."
The pilots threatened strike action if their pay was not brought into line with that of jet pilots. The 200 pilots involved in the dispute are employed in Aberdeen, Norwich, Humberside and Blackpool.
CHC Scotia admitted at the time it was disappointed by the ballot in favour of industrial action which, it said, would have "a destructive impact on our operations and the service we provide to our clients".
Aberdeen-based helicopter pilots who threatened strike action over pay have been offered an £18,000 salary increase.
Their employers, CHC Scotia, and the British Pilots Association (Balpa) agreed on Thursday to a revised deal under which pilots will receive the increase over two years - with a further 2.5% in the third year.
The helicopter pilots had threatened to walk out unless the pay gap between them and aeroplane pilots was narrowed. Staff will be balloted on the deal by Balpa, with the results expected next month.
CHC Scotia is the North Sea's biggest helicopter firm, operating about 45 flights a day for oil companies including BP, Mobil, Talisman, Exxon and TotalFinaElf.
Balpa general secretary Christopher Darke said: "The gap will be closed over two years, not three-and-a-half which the company had earlier insisted on, and the agreement will mean a pay increase for pilots of up to £18,500 over the two years."
The pilots threatened strike action if their pay was not brought into line with that of jet pilots. The 200 pilots involved in the dispute are employed in Aberdeen, Norwich, Humberside and Blackpool.
CHC Scotia admitted at the time it was disappointed by the ballot in favour of industrial action which, it said, would have "a destructive impact on our operations and the service we provide to our clients".
Well it looks like CHC Scotia BALPA members may be about to accept the company’s “improved” offer. The figures make interesting reading.
Although the original offer was to run to only April 2005, A 2 year F/O would probably have been on a salary of approx 41.5k (41% rise) by July 2005. A senior F/O would go up to 49k (29%). Year 5 Captains would be on just under 70k (49%) and senior captains would have been on just over 81k (44.5%). These figures assume a rpi increase of 2.5% on 1st May 2005 which of course is crystal ball gazing but it helps with comparing the original offer with the new offer which is over a longer period of time (up to end June 2005).
Under the new offer, salaries have been pushed up earlier in the agreement term but the final salaries in most cases are lower (taking into account the above 2.5% increase assumption).
The “year two” co-pilot has come off worse under the new offer in that his final salary at the end of the new deal is circa 40.6k and will have earned slightly less cash overall. Senior F/Os do much better. Final salary for them will be 50.8k and he will have earned over 7k more in cash terms over the same period.
Year 5 captains again earn more cash during the period but final salary will now be about £1400 less than assumed under the original deal.
As for the senior captains (assuming the example is still climbing up the increment ladder), he will earn about £5400 more in the period but his final salary has dropped from circa 81k in June 2005 to 79k under the new deal.
A basket of today’s F/W salaries was used during the negotiations to establish the proposed salaries for 2003 but even assuming no salary increases for fixed wing by then, the average F/W pilot will have gone up his increment scale by two levels (unless recent events cause them to be frozen). This will leave Scotia still behind the “benchmark”. BALPA really wanted to get a benchmarking formula accepted by the Company for future negotiations but it would seem this was refused outright.
The total bill for the latest offer will be more in the short term but I suspect in the long term, could be cheaper for the company . CHC would probably rather have the extra pain now rather than later when interest rates may well be rising again and the commercial situation tougher. Part of the deal is a legally binding guarantee that no industrial action or re-negotiation is attempted by the pilot workforce before the end of June 2005. CHC desperately need to get the workforce to settle down and stop “being difficult”.
BALPA however have hung their hats on the “more cash sooner” trumpet and are recommending the membership accept the offer. Will the membership accept industrial action restraints being placed on them as well as a lower end salary? I am told that the industrial action restriction relates only to salary matters. As rostering and other issues are still “live” will this be the end of CHC / BALPA disputes? I doubt it. The subject of pensions seems to be particularly sensitive.
Although the original offer was to run to only April 2005, A 2 year F/O would probably have been on a salary of approx 41.5k (41% rise) by July 2005. A senior F/O would go up to 49k (29%). Year 5 Captains would be on just under 70k (49%) and senior captains would have been on just over 81k (44.5%). These figures assume a rpi increase of 2.5% on 1st May 2005 which of course is crystal ball gazing but it helps with comparing the original offer with the new offer which is over a longer period of time (up to end June 2005).
Under the new offer, salaries have been pushed up earlier in the agreement term but the final salaries in most cases are lower (taking into account the above 2.5% increase assumption).
The “year two” co-pilot has come off worse under the new offer in that his final salary at the end of the new deal is circa 40.6k and will have earned slightly less cash overall. Senior F/Os do much better. Final salary for them will be 50.8k and he will have earned over 7k more in cash terms over the same period.
Year 5 captains again earn more cash during the period but final salary will now be about £1400 less than assumed under the original deal.
As for the senior captains (assuming the example is still climbing up the increment ladder), he will earn about £5400 more in the period but his final salary has dropped from circa 81k in June 2005 to 79k under the new deal.
A basket of today’s F/W salaries was used during the negotiations to establish the proposed salaries for 2003 but even assuming no salary increases for fixed wing by then, the average F/W pilot will have gone up his increment scale by two levels (unless recent events cause them to be frozen). This will leave Scotia still behind the “benchmark”. BALPA really wanted to get a benchmarking formula accepted by the Company for future negotiations but it would seem this was refused outright.
The total bill for the latest offer will be more in the short term but I suspect in the long term, could be cheaper for the company . CHC would probably rather have the extra pain now rather than later when interest rates may well be rising again and the commercial situation tougher. Part of the deal is a legally binding guarantee that no industrial action or re-negotiation is attempted by the pilot workforce before the end of June 2005. CHC desperately need to get the workforce to settle down and stop “being difficult”.
BALPA however have hung their hats on the “more cash sooner” trumpet and are recommending the membership accept the offer. Will the membership accept industrial action restraints being placed on them as well as a lower end salary? I am told that the industrial action restriction relates only to salary matters. As rostering and other issues are still “live” will this be the end of CHC / BALPA disputes? I doubt it. The subject of pensions seems to be particularly sensitive.
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Roundwego,
I don't know where you got your info from but it's not quite correct on a number of points. I've got the document here infront of me and can say that you're nearly right, but not right.
Before anyone asks, I'm not going to publish it here on PPRUNE.
Regards,
Chopperman
I don't know where you got your info from but it's not quite correct on a number of points. I've got the document here infront of me and can say that you're nearly right, but not right.
Before anyone asks, I'm not going to publish it here on PPRUNE.
Regards,
Chopperman
Thanks for your comments, chopperman. I acknowledge it is not 100% accurate as I have quoted to the nearest £1000 in most cases. If I have made any material error in the facts then please feel free to correct me.
It is usually the case that a statement is actually correct when a response to the statement is "your not right but I'm not going to say where you are wrong".
It is usually the case that a statement is actually correct when a response to the statement is "your not right but I'm not going to say where you are wrong".
