Originally Posted by
alfaromeo
I have heard this refrain over and over, that Delta was getting 717's and parking the 50's all by themselves. What I have never heard is any semi coherent reason to explain why then the company gave us a billion dollars in contract improvements 6 months before our amendable date. Do you have an explanation?
I think I've heard this said in more than a few interviews: Delta is an investment vehicle. If you convince investors that you have a stable and happy employee group, you get more of them to invest more money, which in the long run makes all the investors happy. Show, investors that you got employees to sign off on a deal that had small pay raises and concessions in it when your company was making record profits, the investors are ecstatic.
Smart move on their part.