Originally Posted by
Mea25000
Company plans to be 10-15% smaller in 2021. Company is also going to ask for a 18 month, 10 percent pay cut from the pilot group this fall. I think OTZ-Brown’s numbers are pretty good. I also agree that people should have all available information. For those that don’t know, OTZ was once furloughed, I am confident he understands its tragic impact.
Delightful. And what is the company going to ask from shareholders, debt holders, lessors, etc?
We are labor, not risk capital. We did not benefit from the company's choice to buy back stock and pay dividends during the good times and we are not a piggybank for them during the bad times.
Cheers - Rob.