Originally Posted by
ERflyer
1. As you know, they will take whatever they can get from us then declare bankruptcy anyway if they need to. Lower ALV’s will not prevent that. Snapbacks go away when they declare bankruptcy with zero chance of recovery .... except maybe 15 years later.
2. They will never agree to limit buybacks or restrict themselves in any way financially with a pilot contract.
SILs and early retirement are nearly equal in savings to 20% less ALV. Why do you keep pushing for lower ALV? It is a management proposition being pushed.
This right here!!! There are other avenues than lowering the ALV to reach their goals. Why is management so intractable about pursuing anything other than lower ALV? And before you say it, we shouldn’t care what the optics are to other employee groups. That is not our concern.
Denny