Originally Posted by
SpankysLadder
Will this payout trigger a mass resignation by the FAs? Take the money and run?
Maybe. But included in their LOA is an early out cash offer to the senior FAs as well. It seems the company wants "juniority" in our largest labor group. Makes for a good bullet point to investors...
We must be coming down to the wire on the IPO. The underwriters are most likely throwing numbers to the company that they want fixed before the stock issuance. Hence this buyout. We can only pray that a new pilot CBA is on that list.