Originally Posted by
Waitingformins
The CPA's cant be worth much because the penalty's could cripple them. I think its insider trading some managed funds must have decided to pull out now because they know something or know the play book is on the last page.
The uneasy part is, in a way, the teamsters can control this. They could easily let the company stuff a bunch of cash on FO retention or in their pay scale. The question is how? How to let the company recruit and still force negotiations? If I were a captain there I would have to think long and hard about risking my $85-$117 dollar an hour job just to force a balanced contract. The question is if your a captain making 100k a year are your getting screwed; because you now may have the chance to take the fight all the way to the unemployment office. On the other hand if the train already left the station might as well get max pay to the last day.
Guess it depends on how mgmt responds to this to know if its a bluff or not. I am thinking if its real there might be more than the usual mgmt vacancy's opening up.
Actually not that hard to think about. You can make that much money on first year pay at the majors when you factor in their 15-16% retirement plans. $115-$130 an hour on second year pay.
If Republic wants to stay alive, they can raise all pay scales $10k-$20k/year.