Originally Posted by
Sr. Barco
Well, it's finally here. Let's discuss it. I'm a solid NO vote. Here's the short list why:
1) Weak bonus. Really? $16,000 for a topped out Captain!? The company is buying BILLIONS in stock and they can only give us $125m for a bonus? It needs to be doubled.
2) Weak 401k match. It's only 10% and it's a match. The other 3 legacies are getting a 15-16% contribution.
3) International codeshare relief which gives swapa the ability to waive protections in the contract. I don't trust SWAPA
What are you voting?
Good synopsis. To use Delta as a measuring stick, I believe they voted down theirs mostly because it was a trade. Pay raises for tougher profit sharing metrics. Feel free to correct me dal guys
What SWA is proposing is taking our code share( only they really know what that's worth) for 1.6% annual raises, sub market rate retirement and at risk profit sharing.
The best thing about this TA is how easy it is to select No as my vote