Originally Posted by
AK22
That’s cool, we don’t even need to strike. They’re running this place into the ditch at full throttle anyway. How much share holder equity destruction will the board tolerate. Everything has limits, including the arrogance of this management team.
Not sure if you've looked but every airline stock is in the dumpster right now. This year has wiped off more than 7 trillion (with a T) out of the stock market.
https://www.cbs58.com/news/more-than...rket-this-year
Originally Posted by
Jetlikespeed
anyone know any updates from the negotiator?
Somehow, someone has set this expectation or the tone that voting yes to this strike authorization vote is going to get us released. Nothing could be further from the truth. Intro session in January, and what 3 sessions in and the NMB is going to declare an impasse? I don't see any release this year. I don't agree with OTZ much, but I do believe him when he says we're probably gonna get iced for 6 months.
Originally Posted by
av8or
Well it’ll be an interesting litmus test, because, if WE can’t get released, then NOBODY is gonna get released, and I’d think ALPA can then make a case that the RLA no longer provides any meaningful usefulness for labor to negotiate….
Funny, because Frontier pilots said the same thing. Literally. They were the classic case of getting released and that if they couldn't, then nobody could.
Originally Posted by
All Bizniz
Thanks for that. Based on what I read, it seems they were in mediation for a little less than a year, before the impasse was declared, and the 30 day cooling period was started.
What is so unique about AS's situation that a similar thing couldn't occur, as opposed to mediation being forced to languish in purgatory by the NMB?
Management seems pretty confident that we won't be released. They must know something we don't...
Just ask yourself, why would management file for NMB (*NOT* ALPA) if management thought there was any inkling there would be a release/cooling anytime soon? Sorry, I'm just not seeing it. Spirit in 2010 was a 30 something airplane nobody with 450 pilots.