Originally Posted by
RJDio
When the economy/industry takes a turn they will come for the aforementioned pay cuts. History has proven it. This is possibly the best environment in the negotiating cycle. If not now then when?
On a side note; management decided to issue a second loan to Avianca in spite of the fact that the union is grieving the first loan. Again, I’m not buying the nice guy routine.
Cue the company apologists in 3,2,1.....
Contracts are built for the good times and the bad. We all know expansions and contractions occur. We don't do "knee jerk" investing in our 401K's and retirement funds. So, we would expect labor agreements designed, structured, and built for periods of economic boom and downturns.
I am not an economist, but As far as I can look in the history books, the economy goes up and it goes down, and the cycle repeats.
So, I don't think we the pilots should really worry about a downturn. In fact, I think we should plan for it. If a democrat gets elected it will turn sour. They'll kill oil and petroleum products. if a republican is elected it will stiff arm any downturns and/or limit their impact and duration.
It's a great time to negotiate, that's why management doesn't want to negotiate. They'd rather do the Heisman stiff arm and bank on bad times ahead. They'll use that as leverage for NO retro or NO signing bonuses, and MORE RJ's flown on the cheap. That's their strategy right there.