Originally Posted by
gzsg
“It's hard for me to predict what the future is going to be, but if airline earnings continue to grow and margins expand, there's no question labor will get higher earnings and -- which is perfectly normal and natural.”
Ed quote from earnings call.
Happy we are on the same page.
5:15 vacation day, min day, training day.
The reference was 2-3% labor cost increases. Let's see if he's telling the truth and willing to put it in writing. LOA: 3% annual rate increases at the amendable date. Really that's just covering inflation, no incremental gains or significant increase until sect. 6 is completed. Should be an easy one because he's already told the investment community its normal and expected.