Originally Posted by
gzsg
"We are hearing unofficial reports that senior company officers have stated the value won’t change much when we reengage, but they are willing to rearrange the deck chairs."
WE ARE PAYING $52 MILLION DOLLARS OF UNION DUES TO ALPA FOR THIS
No one is stupid enough to write something like this on purpose.
So what are their intentions??
Don't fight it. Call their bluff.
I originally said take 1.0B and put it all into pay only, no other changes or concessions. That would be a 100M gift back to the company, although we should ask for that to go to charity to make it even harder for them to say no.
We get a TA that avoids ALL the concessions and adds (according to sailingfun's numbers, which I believe to be roughly correct) 19.5% over 3 years, without any changes to PS. We can then offer them the same 6% PS trade and get 6% on top of that, for a far greater TVM raise than POS15 had including the PS trade, all without any concessions.
If they say that, we call their bluff.