Thread: Comair updates?
View Single Post
Old 09-24-2007 | 12:35 PM
  #149  
cessna157's Avatar
cessna157
Gets Weekends Off
 
Joined: Sep 2007
Posts: 1,163
Likes: 0
From: Aeroplanes
Default

Let's keep in mind that we're not the accountants here. From what I've heard, the finances between Comair/Delta are a bit grey as it is all muddled together. Before the bankruptcy, it was commonly known that Comair was the most profitable part of delta, but alas we were still part of delta. Delta goes bankrupt, so does comair. Every employee in Comair took a pay cut, not just us pilots. The non-union employees were the first to get hit, a fact that many people have forgotten. They remain at their lower wage. When Delta went into bankruptcy, it needed to lower costs and increase revenue. Pay cuts, company wide, helped that cause. The fact that they profitable shows that the restructuring worked.
Reply