Quote:
Originally Posted by tsquare
Not if the company is printing money by then ...and the MEC chairman walks into the office with a document that says "C2K +30%... any questions?" and walks out straight to the picket line.
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What's your plan if the company is just muddling through? Losing money?
Maybe we ought to learn from the past a little bit and find a different way to capture value. I don't know what that is, but I do know what we've done historically has always had us out of sync with the company or economy.
From 1986-1990 we were locked in a low gain B scale contract. The company boomed. We grew, but pay didn't follow profits.
From 1990-1996 we had a decent deal. The company and economy tanked. 602 of our pilots were furloughed.
From 1996-2000 we got a concessionary contract. The company boomed. We got scraps.
From 2000-2004 we had the best overall book in the industry. The company and economy tanked. 1310 pilots were furloughed, leading up to LOA 46 and a record concessionary contract.
From 2004-2007 we fought to survive as the company failed. We took even greater concessions and lost our pension in the failure. 2008 we merged, and extracted 6% of the company stock for pilots, plus restored 18% of our wages over time. The company is muddling along, paying a small profit sharing one year, but losing money the next, and projected to lose money, then not make much for the next 2 years.
How are you going to walk in and demand C2K + 30%? Do you even want to do that considering the history above?
I believe we have to find different ways. I don't know what they are, but I'm tired of seeing this
repetitive pattern of failure.
Oh, I edited out your political statement. Please don't get our thread locked...
