Originally Posted by
baseball
We subsidize regional MEC''s negotiating committees as well as other union functions. According to ALPA attorneys at MEC meetings, they do admit it's a conflict of interest. It's on the record. We can see the whipsaw effect. It should be easy to see. Ask Jim Johnson he can brief you on it.
Meanwhile, the low regional pay/cost structure helps subsize our PS.
Although Jeffrey did make a big stink about it in his final days.
“Sourcing costs” (regional feed cost increase) was an excuse for something/poor quarterly performance he was trying to weasel his way out of on an investor call or board meeting or something.