Originally Posted by
RockyBoy
I think we all agree with the concept of "monetizing" PS. What most of us don't agree with is calling "monetizing" PS a raise a month after they approved 5 BILLION in stock buybacks and increased dividends.
How about we settle the TA without touching PS. If they want to monetize PS we can do that via the LOA process once we agree on a contract. We shouldn't be doing this inside the section 6 negotiations. I think we all said that in our contract surveys which obviously mean nothing.
This is the only way I see getting us off the profit sharing crackpipe will work.
I chuckled when we got PS in the bankruptcy contract (yes NWAs was worse) and never thought it would be more than beer money at best.......who'd a thunk it would be this much (not your wage an salary administration guys in HR). But it is, and it just can't be swapped at this point.
Ferd