Originally Posted by
Jetfetch
For those people that were here during contract 2000. What would those rates be adjusted for inflation? Also, how much in retirement could one expect before it was taken from the pilots under the guise of keeping the business afloat?
Good points and good questions.
But, the goals we had for contract 2000 went out the window pretty quick.
The guise of keeping the business afloat is a thread all to itself. That was some fancy accounting, short term, long term investments, liquidity short falls, CRP, CPRP, promise to freeze all 44,000 CAL employees, but instead only froze 4000 pilots. Mechanics and FA's told management to bugger off, but we just "did our part." We "worked together." "we had dignity and respect." Fuel hedges busted, A plan double-down vegas style. This whole thing reminds of that Billy Joel song "We didn't start the fire."
What bothers me is company cried liquidity short fall, but some select "special dudes" cried bankruptcy. I wonder what those select special dudes are doing now?