Easyjet faces pilot strike as pay talks fail
Join Date: May 2004
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I fully suport any action to preserve T&C's in any airline for it's pilots.As cabin crew I respect the job they do,sometimes under pressure from their companies for punctuality etc pushing the limits ever closer to something serious!!.
I am always grateful for my pilot colleagues for getting me home every day safely.
I hope for all in the industry that the Easy pilots give their management and all others a strong message not to treat their pilots in a unfair manner.
One question I do have is if there is ever any mention of cabin crew BA/VS industrial action we are classed as militants trying to ruin an already fragile industry.When pilots mention industrial action BALPA are never given a militant tag?!!.
It's just a thought and I am not trying to wind anyone up.
Good luck to all the Easyjet pilots and as it has already been said if you're not already in BALPA now is the time to join.
.Fight for your T&C's.
WTDWL.
I am always grateful for my pilot colleagues for getting me home every day safely.
I hope for all in the industry that the Easy pilots give their management and all others a strong message not to treat their pilots in a unfair manner.
One question I do have is if there is ever any mention of cabin crew BA/VS industrial action we are classed as militants trying to ruin an already fragile industry.When pilots mention industrial action BALPA are never given a militant tag?!!.
It's just a thought and I am not trying to wind anyone up.
Good luck to all the Easyjet pilots and as it has already been said if you're not already in BALPA now is the time to join.
.Fight for your T&C's.WTDWL.
Join Date: Sep 2002
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Good luck to you all.Your actions will make the industry sit up and listen.There are quite a few management teams in luton that did an Mba at the Ebenezer Scrooge school of industrial relations.It is about time they all see the ghost of Christmas present and future!!
As the deadline for the ballot draws nearer anyone who has yet to return their form should reflect upon the corporate greed which is endemic within easyJet.
Consider the case of poor Amir Eilon, a non-executive director of easyJet who is contracted to work one day per month. On the 30th November whilst we were being told that we would have to subsidise the company's profits, Amir exercised 500,000 share options at a price of £1.6112 and sold them on the same day for £3.3016.
There is also the case of Elizabeth Savage, easyJet's business development director who on the 7th December excercised options on 50,000 shares at £1.6112, selling them on the same day for £3.545.
Compare that with the pilots who in 2003 were granted share options in easyJet which were subject to performance conditions of an EPS of 20.97p which were not met (the actual EPS was 14.68p) rendering these options worthless.
Consider the case of poor Amir Eilon, a non-executive director of easyJet who is contracted to work one day per month. On the 30th November whilst we were being told that we would have to subsidise the company's profits, Amir exercised 500,000 share options at a price of £1.6112 and sold them on the same day for £3.3016.
There is also the case of Elizabeth Savage, easyJet's business development director who on the 7th December excercised options on 50,000 shares at £1.6112, selling them on the same day for £3.545.
Compare that with the pilots who in 2003 were granted share options in easyJet which were subject to performance conditions of an EPS of 20.97p which were not met (the actual EPS was 14.68p) rendering these options worthless.
Join Date: Dec 2004
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Good luck lads. You have many from other carriers behind you and we are watching.
My generation of pilots have seen pensions evaporate, pay freeze if not shrink and other benefits erode. We are a 'Variable Cost' to management and an easy target.
Boeing and Airbus don't care whether a carrier makes money or not as long as the lease payments are kept up. To make lease payments you need to generate revenue and whether you like it or not the flight crew are a big part of this.
The facts are that the airlines (even the big ones) are feeling the labour pinch and the anvil is swinging the other way. We need to take advantage of this and get back some of what we have lost.
Anyone interviewing at Easy/Ryan etc. now should be telling the people who are looking at you to stick the TRSS scheme up their back side. They are getting desperate as I have 3 mates called in the last week or two who a year ago would have never been looked at.
Again good luck lads. Your results will be felt throughout the entire industry. If any Easy management are reading this I would take this to heart. The rumblings around Luton are being heard at the other carriers by my experience, and the boys/girls sound very serious!
Happy New Year
My generation of pilots have seen pensions evaporate, pay freeze if not shrink and other benefits erode. We are a 'Variable Cost' to management and an easy target.
Boeing and Airbus don't care whether a carrier makes money or not as long as the lease payments are kept up. To make lease payments you need to generate revenue and whether you like it or not the flight crew are a big part of this.
The facts are that the airlines (even the big ones) are feeling the labour pinch and the anvil is swinging the other way. We need to take advantage of this and get back some of what we have lost.
Anyone interviewing at Easy/Ryan etc. now should be telling the people who are looking at you to stick the TRSS scheme up their back side. They are getting desperate as I have 3 mates called in the last week or two who a year ago would have never been looked at.
Again good luck lads. Your results will be felt throughout the entire industry. If any Easy management are reading this I would take this to heart. The rumblings around Luton are being heard at the other carriers by my experience, and the boys/girls sound very serious!
Happy New Year
Keeping Danny in Sandwiches
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It is interesting that Easyjet were being recommended as a "buy" in last Saturday's papers. Was the problem discounted or are the analysts at Exane BNP Parabas unaware of any potential problem.
Join Date: Apr 2005
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I think that many people in “the real world“ are not aware of the problems brewing inside EZY.
I guess they will have a rude awakening at some point...
p.s. Remember that a lot of those so-called "investor experts" were still recommending tech stocks only days before the dotcom bubble popped. Sometimes these “recommendations“ can be a way to delay a bubble from bursting so they have enough time to cover their own @sses.
I guess they will have a rude awakening at some point...
p.s. Remember that a lot of those so-called "investor experts" were still recommending tech stocks only days before the dotcom bubble popped. Sometimes these “recommendations“ can be a way to delay a bubble from bursting so they have enough time to cover their own @sses.
