Originally Posted by
Hedley
How do you define peers? Is it as simple as anyone flying the same type aircraft? Are differences in business models and revenue streams considered? Can pilots at a ULCC expect a contract that is every bit as expensive as a legacy despite vast differences in revenue levels? Not trying to poke the bear, but management will easily argue that their ULCC revenue cant support a contract that a legacy could.
If management argues that a ULCC model can't support an industry standard airline pilot contract, then the ULCC model is the wrong model to continue to support. This is especially the case when the stock loses 76.87 percent of its value since going public. Vote of no confidence.