Originally Posted by
AlaskaBound
This happened to Pinnacle right before bankruptcy. Our CEO came out swinging saying we need a contract ASAP. Then after we passed the contract he came back and said that if we didn't take concessions (all because the contract we signed was too expensive) we would declare bankruptcy. Guess what happened? Pinnacle declared bankruptcy in the end. Nothing could have saved that mess of an airline without the help of tens of millions of bailout $$ Delta handed out. We got a terrible bankruptcy contract shoved down our throats and life turned out to be miserable at that place.
Funny thing is that Pinnacle hired the exact same "consulting" group you guys just hired right before we declared bankruptcy.
My point is that I think Republic is too far sunk to be saved at this point without bankruptcy reorganization. BB has ruined you. He will declare bankruptcy regardless of what you guys vote or don't vote. It's his only saving grace.
It's from the CEO's playbook. Happening right now at PSA.
We vote in a contract (Not the TA), that had great critical pay, flexible schedules and the famous SAP.
Well the company manipulates the reserve grid so no day becomes critical, SAP is slower than the line up at the DMV. And thus we have little flexibility with our schedules.
Management cannot and will not follow a contract. They will do whatever they can to use the slow arbitration process to save millions. So go ahead and vote on the contract. Just know that it won't make a difference either way. Management is going to do what they are gonna do.