Originally Posted by gloopy

This will be a very damaging TA regardless of how we vote on it. It we pass it we eat massive concessions all around, including unprecidented foreign alter ego airlines and a lower and further reduceable AF/KLM JV. If we vote against it it will take a strong effort to overcome the baseline it created.

So I propose we gift the company 100 million dollars.

That's right, and I'm not kidding.

If the net value of this TA is supposedly 1.1B over 3 years, and assuming it was properly comprehensively costed out (I don't think it was, but the company and the NC will absolutely stand by that it was) then when we vote it down let's offer 1.0B over 3 years to our current contract and put it in payrates alone. Nothing else. Nothing. Else.

The company couldn't possibly have a problem with that, could they? If the true net cost was 1.1B extra and we're offering them a free 100M (to return to the shareholders! Weeeeeeeeeeeeeeee!) then they would be a fiduciary obligation for them to accept that.

Assuming this TA was properly costed out all around that is. Which further assumes they would *never* do any of the worst case things that they *could* do IAW this TA, like massive sick harassment on a scale never before seen, foreign alter egos, 75/76's against a new A380 order for our "partners" AF/KLM, etc.

If the true cost of the pros and cons cost 1.1B extra, from our point of view and theirs, give them one hundred million dollars, or donate it to the charity of their choice, and put the 1.0B into pay rates alone and stick with current book.

What possible problem could they have with that?