Originally Posted by
DeadHead
Hey hypothetical question.
Is it possible to create a contract that ties in secondary raises to debt reduction thresholds?
(i.e. once company debt is reduced to $8 billion pilots get a 4% raise)
Unless I'm misunderstanding you, I think we'd want just the opposite. Raises that kick in if the company
doesn't meet its promised debt reduction goals. That would make them think really hard about buying Virgin stakes and Pinnacle remnants.
Carl