Originally Posted by
pa28dakota
It's not rolled into 9E's pay rates for the sole reason of rate resetting you guys and SKW. That's been a huge part of 9E's continued existence. My quandary is that with all the money DAL is still throwing into 9E when is the reward of a rate reset nullified by investment in this shrinking airline? What I would do for a look at the books because it doesn't make sense to me unless DAL stands to make a ton of dough off said rate reset. As for the tax issue on the bonus yeah it's an up front hit, but at least for FOs like me when I do my taxes I'll be lumped into the appropriate bracket and likely see a lot of that cash back...at least I hope.
Anyways, this be an AWAC thread so back to the subject at hand...good luck to all you guys and hope AAG extends your contract with at least palatable terms.
I would be very surprised if the rate reset actually happens next year. SKW has clearly demonstrated they are willing to walk away from unprofitable flying, and DAL can't afford to park all the 200s with fuel prices this low. Nobody other than SKW Inc. has the pilots to operate these a/c. It's just a matter of time, and they are going to get to name their price.
Chip Childs has DAL in checkmate.