Originally Posted by
Carl Spackler
At least we have someone here being honest. Pilots are supposed to continue with an extension to a bankruptcy contract in order to help pay down debt incurred by incredibly stupid management. Management that spent billions it didn't have buying back its own stock, only to watch it go to zero in bankruptcy. Management that spent billions buying Comair, only to personally destroy it. The debt from those actions need to be repaid by pilots until this debt is paid down to a manageable level. And we all need to hope no more further stupid debt is incurred...because pilots may just have to continue the debt paydown.
Carl
I don't think anyone on here will argue against that point. Don't forget buying ASA for $1.5B and then selling it for $425M.
I don't like continually cleaning up former management's mistakes any more than you, but "It is what it is." Who else in the company is going to clean up their messes? The FA group? My wife is a 22 year DAL FA. She just got a $1.52 per hour raise. Wow, time to buy that new swimming pool.
OK, that's not even a cup of Starbucks! I'm not comparing the two groups, but can you imagine the insult if they offered us that? What is that, a coke and a bag of Fritos? LOL