Originally Posted by
DAL 88 Driver
Yet even after all that, our current pay rates are approximately 34% below the buying power we had with our pay rates throughout most of the 1980's, 1990's, and early 2000's. I guess if you accept bankruptcy as the new baseline, then 19.5% is really good. Trying to recover from a 42% pay cut... not so much.
Try to keep up, please. Alfa's point was that C2012 was cost-neutral. it had nothing to do with whether it was enough, whether there was money left on the table, etc.