Well accountants can show anything. Even though they show a loss, we are going to share over 36 million in profit sharing. In addition, the company made 122 million in contributions to the pension plan. It is now over 80% funded.
Posted on Alaskasworld.com, "Excluding special items, Alaska Airlines earned an adjusted pretax profit of $200.5 million for the year, after posting a $1.9 million loss in the fourth quarter." Also, Alaska has over 1 billion in cash available.
We are going to negotiate hard also.