Originally Posted by
gettinbumped
If your theory holds true that we will be on the edge of Ch11 in 4 years then shouldn't we take the money and run now? Because historically it takes several years to get a contract so we would be trying to negotiate improvements in a contract with a company that's going Ch11. That's not a sound strategy.
If you look at current negotiations at other companies, record profits are certainly NOT helping pilot leverage
^^^ Inclined to agree with you. History repeats itself and those of us that have been here for mahy years know that the party on this economic cycle will end sometime. The MEC letter implies the same thing. Also, there's financial value in time for your retirement to grow: getting meaningful wage increases NOW vs 4 years from now yields far greater growth in the B fund.