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Old 06-11-2011 | 08:28 AM
  #22  
Kaptain
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Joined: Jun 2009
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Originally Posted by Great Santini
Skippy and friends, you're geniuses. Mental juggernauts.

Bedford traded FAPA a pay freeze in exchange for ownership in the future independent Frontier Airlines as well as a profit sharing plan tied to the same matrix as the management bonus plan. It's simply converting future raises from short term gains to long term investments.

But none of that matters. All the Frontier pilots want, and would pay a lot more to get is to reverse the raping and pillaging that the IBT has done to their careers. We would rather succeed of fail on our own than to see the IBT steal what we have earned and built over a long period of time.
Ya ... now they don't have Chautauqua to subsidize their loses. The doors will be closed shortly. I think Southwest is the real winner.. they are the smart player in this mess.
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