Originally Posted by
psw757
I kind of get the impression that if mgmt agrees to everything in the APA counter, the APA board will not send it for a vote by membership as they view it as more than fair to both sides. I also think if it were to go for vote that it will be a lot closer than many think and is another reason they potentially would not send it out. It would show how divided the group is and avoids a potential situation the FA's just went through.
This is just my opinion but if APA sends it to vote and it narrowly fails, this makes the APA look bad. Again, just my opinion.
At this point I could really care less, I would like closure so we can move on to the next step whatever that is.
I think you are correct that a membership ratification could fail. Certainly there is that risk, and that presents a risk to the company...
The company has been asking pilots for concessions and if the membership were to reject the company ask they would be forced to swallow their pride to provide a better offer or save face and go to arbitration without getting their concessions that they are willing to buy for $1.5B... A tough choice, if the membership rejects..
The company re-do with the FAs won't work in our case, because they did not have concession tied to their deal but we do.
Again it's all noise. The company needs to get a "yes" from the APA BOD or have an excuse as to why the can is being kicked.... Since they are making about $11B in the first two years, no investor will fault them much.