Originally Posted by
CousinEddie
I agree. The LCCs, along with the advent of internet based based ticket purchases, destroyed domestic yields. We lived through a lost decade as a result. During that time, the international side of the business kept the operation afloat. We now face a serious competitive threat to our international operation. Not only are we getting beat on price internationally, we are getting beat on service. Why on earth would we make it harder to compete? Just because the airplanes are on the property today doesn't mean they will be down the road.
Financing the operation becomes an expensive proposition. No one wants to make it difficult, but many are realigning the leverage to the extent that extending a sub par contract for an indefinite period for a 13% pay raise seems like a good idea. Yes, the company could wash their hands of the entire matter and extend sec 6 as well. This is the information vacuum we find ourselves now.
I'll leave it at this. We have 12,000+ dudes with a vote. With a clear, unbiased explanation of the circumstances in front of us, i'm confident the majority will make a reasoned decision and life will move on.
Now back to a Meister Brau and draining the shi$ter!