Originally Posted by
maple
I don't work at PNCL, but I have seen the letter your talking about. I saw it though Yahoo finance page. Do you guys really think they want to keep it negative and show it to investors?
What investors? Financially strong individuals with investment acumen do not put money in airlines anymore. Let alone regional airlines. It will be a long, long time before big money comes back to the table in this industry outside of ownership and that has dwindled down to the ridiculously wealthy.
Any big investments come from using the company's money in the market or through the sale of corporate bonds. The terms of the bonds have nothing to do with union contracts. Those are simply risk factors in a 10k.
Look closer at the correlation between lowered employee pay and upper management bonuses.