Originally Posted by
Probe
I forget, what is "interest". It used to be something. Now it is zero.
Pay off outstanding debt, invest in equipment you would have financed. Many ways to earn "interest" on it.
Originally Posted by
Probe
Yup. The extension is the greatest gift I have ever been given as an airline puke. Now, I get more.
But hey? We could have used our "leverage" in Section 6, and gotten something similar, in 4 years, with no retro.
Cha-ching
You only get no retro if you vote for no retro. Southwest got full retro years later for all pilots including retired/deceased/separated. They also got full profit sharing and 401K on their full retro.
No retro is a fear grenade from the vote yes for anything crowd.