Originally Posted by
Schwanker
Sure. Let's take $20 now instead of $40 in February. Just brilliant!
You're trading 2 for 1 to get it now.
Do you believe the American pilots did well in the scenario that sailing laid out?
Hint: I have had American pilots tell me that they lost huge amounts of money that they will never recover, and this was AFTER they signed this deal.
In what you just wrote, you are assuming we can get 200% of the original deal within a relatively short time frame. There is a mathematical line where this is achievable, but the money you lost waiting to achieve it is gone forever. When LUV was the gold standard around here, their pay increases were small but constant. Funny how that never seems to work here. If our contract garners us pay increases that do vault us to the top, we should try to follow that model. But then again I believe Warren Buffett when he says the 9th wonder of the world is compound interest.