Originally Posted by
CaptCoolHand
This 8% is no accident. Attrition is accelerating and the volume of apps in each window is declining at an alarming rate. They're worried about being able to put asses in seats. The only way to retain at this point is to pay the piper. I think negotiations will continue at a steady pace. JB can't afford not to with our order book. It's going to become a game of chicken as to which is cheaper/more beneficial to the stock holder, differ airplanes, pay pilots or sell it.
The new rate for our plane is 12yr ca 275/hr give or take a few with work rules.
If they were worried, they would have kept the 15% PS and given a raise. Not take away profit sharing and give a questionable raise at best.