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APFA News: The winter ë06 edition of Skyword will be shipped to your homes beginning Monday, December 11th. Keep in mind that with the holiday-mail overload at the Post Office, Skyword may take longer than usual to arrive. Since it is sent bulk rate, local Post Offices vary in the way they handle bulk mail so some members will always receive their issue long before others do. Skyword will be available online at www.apfa.org beginning next week. It includes Willingness-to-Serve forms for two AdHoc positions to be elected by the BOD at the APFA Convention in February í07 as well as Willingness-to-Serve forms for Base Chair/Vice Chair and Operational Council positions (OCR) at all bases to assume office effective April 1, 2007, for a two-year term.
From the APFA Hotel Department : the move from our current BGI-layover property scheduled for this month will not take place until January 5, 2007, due to construction delays. Visit apfa.org for the name of our new property in Barbados. Also, some good news ñ one of our SAN layover hotels now allows the use of its gym for all crew members free. This hotel is also listed on apfa.org under the Hotel Departmentís Web page.
Bankruptcy Watch: Delta Airlines is one step closer to emerging from bankruptcy after the PBGC approved the companyís termination of its pilotsí pension plan. In exchange for the PBGC becoming the planís trustee, the PBGC will be allowed a ìpre-petition unsecured claim against Delta of $2.2 billion.î
Industry Watch: APFA is pleased to report that the Department of Transportation (DOT) has withdrawn its proposal to relax foreign ownership rules. This is the second time in as many attempts that Congress has overturned Bushís request to increase foreign ownership in order to coincide with Europeís ìOpen Skiesî plan. Increasing foreign ownership would provide more gates at Heathrow. Currently, only AA and UAL have access to Heathrow directly from the U.S., and BA and Virgin Air are the only British airlines that have direct access to the U.S.
US Airways has agreed to bring the pilots up to the level of pay currently in place for America West pilots. Previously, US Airwaysí CEO had said he did not want to incur anymore costs when combining the pilot contracts.
Fuel Watch: As of Tuesday, December 6th, a barrel of crude oil cost $62.43, up $1.44 from last weekís price. The crack spread price was $15.14, up $2.48 from last week's price. This brings the cost of one barrel of jet fuel to $80.05 ñ up $3.92 from the price of jet fuel a week ago.
The total for one barrel of jet fuel a year ago December was $72.72 ñ about $7 less than the price of a barrel of jet fuel today.
Please remember that we have 2,654 APFA members still on furlough.
Thatís it for this week. Thank you for calling the APFA Hotline.