Originally Posted by
Just trust them
Are we getting our monies worth?
About $750,000 per hour profit.
$6,500,000,000 per year profit for 2015. Profit, not revenues. Monies over and above what the operation costs to run. Salaries, wages, fuel, everything. Pure profit.
Average of $465,000 profit per pilot. For one year, not the term of the Contract. $465,000.
Are we getting our monies worth? No. Not even close.
So if AAL was only projected to make a billion dollars next year, would that make Parker's offer a great deal? What if the company said "We're making boat loads of cash! We'll give you everything you want, with the understanding that will go to arbitration to reduce it if we make less that X% profit margin." Would you take it?
I get your real point. There has never been a better time to stand our ground for what we deserve. I agree, and I will support the BOD. My concern is that we, the line pilots, don't have all the information about valuations, and this little MTA value arbitration thing. I cannot remember a single good arbitration for labor. I'm sure there are some, but I remember a lot of losses for us.
My big questions:
1-Does the company have to operate intl/Dom bases everywhere, or could they do the flying from other bases? ie fly the CLT international from the MIA base and not open a CLT Intl base.
2-Are we SURE that the company wants won't be opened in arbitration, and the arbitrator give them to the company for some small change for us?