Originally Posted by
CGfalconHerc
Speaking of C2K 2004 rates..hearing a rumor that RA wants another early deal to validate the "labor peace" advantage to Wall St. and has floated the idea of 2004 pay (not adjusted for inflation) for a 3yr extension to our current PWA.
Can anybody else corroborate?
I have not heard that, but it is right where we will end up at the end of the deal. 2018.
It will include longer freezes and we will fund the increases with reduced profit sharing.
On the surface it may seem good, but it will be a repeat of C2012.
If it is 2004 rates date of signing without concessions, that is a horse of a different color.
Jerry