Originally Posted by
fcoolaiddrinker
It’s good to crunch the numbers but supposedly it’s 100 million. The only thing that really matters is snap back and any ability to make whole. If that language exists it really doesn’t matter what happens in the end as far as management at any other carrier being able to use this concession as a measuring stick in furniture negotiations. Even if that language doesn’t exist it’s hard for management to point to a bankrupt contract in any potential mediation. Making what master of puppets said pretty much irrelevant,
I just used 100k salary because the numbers are easier. Just showing that the 5% 401k cut is on top of the 15% pay reduction.