Originally Posted by
Big E 757
Thanks Tim, I think the senior Captains are going to be the deciding demographic on this one. After reading your comments I think we might have a chance in making history and sending this anything but historic contract back.
I can only hope.
Talk to your crewmembers, remind the Captains how much money they have already lost since 2004, remind them the don't have a great DB plan any more, and then point out how little this TA returns to them, at a cost of more concessions in JV Scope, Sick Leave Verification, and lost Profit Sharing.
The math for me is pretty simple. This TA is only 'Historic' in that it is an epic FAIL in these times of $ 6 Billion in stock buybacks and dividends.
We might as well be writing checks to Richard every month to help fund those buybacks, because that's who is paying for that, only now it's simply done through 'payroll deduction'. WE are PAYING for THEIR GAINS, not OURS!