Old 06-19-2011 | 08:38 PM
  #119  
ColdWhiskey
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Originally Posted by Carl Spackler
You're truly clueless. If this is what you need to believe in order to look at yourself in the mirror, then so be it. Your actions have earned universal disrespect. Your surrender will only lead to more demands...and soon. Over and out.

Carl
Carl,

I have a couple of quick questions. From your profile (747 Captain) and other posts (Delta related) I have assumed that you are previous Northwest. Is that correct or not?

Did not the Northwest pilots and mechanics negotiate a pay and benefits package reduction in exchange for NWA stock in 1993/94 as part of a NWA restructuring to prevent bankruptcy at that time?

"1993 JULY: The Air Line Pilots Association's Master Executive Council averts a NWA Chapter 11 bankruptcy filing by voting 24-1 on behalf of its members to accept concessions totaling $365 million the first year. The other unions, lenders, and vendors must agree to the restructuring by August 1. Concessions over three years total $886 million. In exchange for their concessions, employees get three seats on the board of directors and up to 37.5 percent ownership of the company."

As a wide body captain, I presume you were employed at NWA during that timeframe. Is this a correct statement?

Last edited by ColdWhiskey; 06-19-2011 at 08:54 PM.
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