Originally Posted by
RJSAviator76
Like with the -800 side letter? Right...
Yes, exactly. Or how about GK’a 15% ROIC promise? Not trusting GK is not “paranoid”, it’s realistic. Trusting GK has proven to be foolish.
Far more maddening to me than the middle seat and alcohol issue is the $9.9 billion in stock buybacks and dividends since 2014. If the company wants to play the Wall St game and if they want to tie executive compensation to stock performance, that’s their call but DO NOT come to us seeking concessions when they blew that amount of cash. If I couldn’t pay me mortgage because I failed to save for a rainy day and instead frittered it away day trading or handing it out to my rich friends no one would bail me out even if my kids and I had to move into low income housing.
And again, concessions don’t prevent furloughs. Wasn’t one of the selling points of ExTO/VSP (a form of concession) that if enough people pulled the trigger furloughs would be able to be prevented? And now they want more concessions or they’re going to furlough? What’s next if we agree to this round of concessions?
We’ve already helped this company out enough for the foolhardy choice they made to hire 2,000 more pilots than we need to operate the airline. My 2019 W2 pay was 10% lower than 2018 despite receiving our negotiated yearly pay raise.
No more concessions.