Originally Posted by
JamesBond
really.... this could be interesting to dissect/debate. There was no pay increase for over 4 years. I'll bet management would give you 18% all day long and twice on Sunday every 4 years. You see 18% at one shot, but make no mistake, that IS a concession. Many on here don't see it that way because you are still getting annual raises. The 4,4,14 were a concession vis a vis retro pay. They were signing bonuses. I haven't done the math but I will bet they barely equaled what profit sharing would have been had the plandemic not occurred. When the next black swan arrives, if the majority of the group is at 12+, you will realize that what I am saying is the truth. The next swan will not include the mechanism for UNA. There will be furloughs, there will be displacements, and there will be stagnation. Anyone wanna make a wager on that?
Speaking in absolutes about any such event seems foolish. Early outs and UNA made sense when it wasn’t clear that the government was going to foot the bill and the thinking at the time was that we were looking at an extended downturn of unprecedented proportions.
No one knows what the next black swan will look like or how the airlines will react.