Originally Posted by
waflyboy
It's a legitimate business risk that the investor should be made aware of, so this information disclosed. It seems to me that you're putting words in the mouth of management by reading too far info this.
However, I agree that the statement may elude to the reason behind the pay scale we have.
Not only should the inverter be made aware of it, but the pilots should be made aware of it as well that:
"Any new collective bargaining agreements entered into by other regional carriers may also result in higher industry wages and increased pressure on us to increase the wages and benefits of our employees. Future agreements with unionized and non-unionized employees may be on terms that are not as attractive as our current agreements or comparable to agreements entered into by our competitors."
I have put no words in Skywest management. This was taken word for word from their SEC filling. I provided a link for anyone to see for themselves that in fact this 'may' be the "reason behind the pay scale [you] have."