Originally Posted by
RockyMntAV8R
Giving up the equity stake in the company would make sense because it is the one thing the that would not require the IBT's approval or a vote. I disagree with Great Santani that we, the pilots would just say no to any concessionary request. The fact is we have a record of agreeing to concessions 100% of the time, we have never said NO! Just my 2 cents worth.
My concern is that RAH says to IBT "we'll give you guys contract X (pay raise for RAH and big cuts for F9)". RAH pilots vote yes, and bingo! But IBT would never do that to us, so no worries there.
As far as the equity stake, FAPA Invest would be stupid to give that up - it would mean big lawsuit from the Frontier pilots, even if we got a big payout in the process.