Originally Posted by
JustAMushroom
I've never said there was a work group that had more invested in the success of the company than the pilots. Management included. This is different than saying the pilots are the ONLY ones with something to loose.
Admittedly I don't know if the other work groups are in it for long term success or just long enough for the next opportunity to present itself.
I really don't believe that mgmt. has nearly as much as invested in the company as the pilots do. Upper mgmt. receives its income from bonuses tied to the stock price; a higher price does not necessarily mean a well run company. Mgmt. can take a good company, like they did with XJT, and run it into the ground while taking huge bonuses.
Once the results of their mismanagement come to fruiton, they then claim the need for concessions or worse case bankruptcy. In any event, they have lucrative severance packages to protect and sustain them to their next position, but the pilots have what? A 23K/ yr job under dogschitt conditions.
So, no, mgmt. does not have nearly enough invested in their company.