Originally Posted by
APC225
”Billions in buybacks” was on RJDio’s list. No ROI for the company on that. Just a pure pay raise for execs, some of their compensation based on that. No productivity improvement involved. Yes, “that’s the way they see.” That’s the way they always see it. For us, this for that, a zero sum contract. For them, it’s this, and lots more of this. That’s now how we see it hopefully. We should greater compensation not necessarily offset by anything other than the fact that there is no product without us, the employees, and that product is very good right now. Mountains of cash.
Think about it. If you’re an exec and you can make your stock worth $10k more for each $1B of company cash you throw away, then to make an extra $100k you only need to throw away $10B of cash. They make nothing by giving the pilots a contract, when they can keep us on the old one and let inflation eat away at it. Remember that you and I are tied to our jobs here, but they will just go get a job at another airline and do the same thing there. They have no accountability.