Negligent accounting
Based on the recent statement from the NC, we'd be achieving a $920M gain over the next five years with the TA.
The wholesale work rule concessions being offered amount to a $64M savings for the airline.
Is this a red flag for anyone else?
Who is the ALPA financial analyst we've been paying to cook these sham numbers??? And some of us (NC) are buying this? Are we supposed to believe flushing virtually our entire set of work rules down the toilet amounts to a paltry 12.8M annual savings for the airline?? Even our disgraced former MEC chair stated that by giving relief for the June meltdown, we saved the airline between 10-20 million alone. And that was relief for a weekend!
In other words, the 43% gain in hourly rates would be the same net expense to the airline as giving us a 40% pay raise while keeping our current work rules intact. (64 / 920 = 6.9% savings to the airline as a result of a gutted contract)
I call BS.