Originally Posted by
scudrunner13
I second that!
I am starting to lose confidence in the negotiating committee. The latest email from the company says they're offering a "industry leading contract" in all areas. My opinion, have the company show their plan and see what they're offering and let the pilot group vote.
No one has anyone real insight as to what the NC is asking for. Maybe it actually is TOO much and thats why we keep blowing past these deadlines with no TA or promising updates.
I want to see exactly what the company is offering. I am no company guy and am just disgusted as the next guy flying the line. But looking at the financials, the company is leveraged to the gills, it has $3.4 billion in LONG TERM debt, its short term debt is almost double then its cash, we need to pay $100 million each year for the next 3 years before the long term debt kicks in. So we need to profit $100+ million annually to "show were profitable". In reality, financially..were ******ed.
So even if the company caves and gives in to these proclaimed "high demands" that the NC is asking for, with these numbers, how long will that gravy train last??
I want to see what the company is offering, compared to what the NC is asking.
Did you fill out any of the surveys? If you did, trust your Negotiating Committee... If you didn't, then shame on you for falling for company propaganda. Don't freak out now that the company is releasing tiny bits of info - they're playing you!!!