Originally Posted by
BenTover
Any idea how much more it cost United vs a straight furlough? Does it cost United $1000 more or $1B more? Both cost the company more. No one seems to know. In fact, no one seems able to place a value on anything in this agreement.
does it really matter? Is this only a good thing if it costs a lot?
the key point is that they get some option value and are willing to put some $ down for it.