Originally Posted by
Vikz09
They sure seem confident in a pilot contract being done before the due date. Not sure how they expect only a 2% increase in employee costs and a new pilot contract. Sure sounds like they don't plan on reaching into the wallet. Perhaps they already have direction from ALPA and offsets are in the works.
Also confirmed that we will be down to 7 747's at the end of this year with only 6 flying.
There you go. Another Cost Neutral contract. Productivity gains and cost savings by parking 747's will offset any cost increases, at least that's what they will tell Wall Street.
Have you noticed they always say "2%" in every earnings report? That's the magic number Wall Street wants to hear. Any more than that and they start to panic that our costs are growing out of control...