Originally Posted by sailingfun

There is no huge hurry. There were concerns. One issue is the 717's. Boeing wants the aircraft placed. One way or another they are taking them back from SWA. SW is a massive Boeing customer. They have to take them back or SW will play the Airbus card. Remember when Herb had a A319 model on his desk? This surprises me but there are other players for the 717's. A block of identical airframes that can be delivered in mass is a unusual thing. That creates value. If we don't take the aircraft they are not going to the desert like I thought. They will go somewhere else. I don't know how much time we might have if we vote down this contract. I believe however if the company comes right back to the table and we get a deal done then the 717's will still be there for us.
The 50 seaters are not going away if we don't reach a agreement. Its much cheaper for the company to keep them flying then pay the costs associated with parking them. The company has to make a decision ASAP to sign a massive agreement for engine overhauls or get rid of the aircraft. Once they go the overhaul route we are keeping them for a while. They are not the money losing monsters portrayed on here. A quick look at the 10Q's can confirm that. Again however if the company chooses to come back to the table there is plenty of time.
I think the company will come back to the table. If we start meeting after 4 July we should be able to have a new agreement in place and voted on by 1 Sep. I know what it is going to take to get me to vote yes. Its going to take keeping the same profit sharing, 4 more percent in the 1 Jan 13 raise and 1 percent more in the DC effective 1 Jan 13. Cost to the company 140 to 160 million. Is it worth it to the company? Hopefully!