Originally Posted by
Carl Spackler
Yes, the pilot's union voted for it. After years of uninterrupted increases in pay and benefits, the union agreed to concessions along with an equal amount of ownership and control of the airline. It was a direct investment that paid off very well when the stock over doubled in one year.
Soooo, in 1993, YOU gave concessions in exchange for an equity stake in NWA, and that gamble paid off very well for you.
Then, why are you so critical of the Frontier pilots that are taking the same gamble, as opposed to certain liquidation??