Originally Posted by
Fat Jesus
The OP's point though, is that the "bird-in-the-hand" is the leverage DAL pilots hold now. If the TA is ratified, you have nothing to use for leverage in three years. You will have solved a massive portion of managements problems for pennies on the dollar, then what are you going to use for negotiating capital?
Here's some interesting analysis about the "bird-in-the-hand" concept. I have posted another file for review.
DepositFiles
Last edited by asupilot; 06-10-2012 at 08:54 AM.
Reason: Addition