Originally Posted by
Free Mason
Sounds logical but when half of our list is over the age of 55, how do you convince them to be radical/ get back to basics and risk everything they have for a payout they may not be around for? They are in to the " US Treasury Bonds" portion of their career, not the penny stock high risk you propose. It would be nice, but everyone needs to remember that for C2K the average age on the list was below 47, and that makes a huge difference in what one is willing to risk.
The numbers are not in your favor.
Please quantify the risk you are talking about. The absolute worst case scenario is that
Nothing Changes. We simply slide past the amenable date with the exact same contract we have today; we lose nothing (except the vaunted time value of money that DALPA touted).
We as a pilot group seem to be paralyzed by a fear of the unknown and those wedded to the status quo who play to those fears.
The best thing you can do is the right thing; the next best thing you can do is the wrong thing; the worst thing you can do is nothing. - Theodore Roosevelt