Originally Posted by
slowplay
You can do your own math problem. Do the same over all labor groups. Then look at those "guaranteed profits" that have pushed PCL to restructure either in or out of court, and caused SKYW Inc to start losing money. And remember we're working for a less than 3% margin business all in. btw, that's good news, it means we're profitable.
Maybe the conventional forum wisdom on "guaranteed profits" doesn't stand up to the light of 10-K's...
Originally Posted by
80ktsClamp
What's your point?
His point is: "Ladies and Gentlemen...calm down. You simply have to understand how managment views this. Try to not be so self-interested and appreciate how hard it is to be management in an industry with 3% margins."
Carl