Originally Posted by
DirkDiggler9999
My post is very clear that I am not basing NK demise on pilot wages. I clearly agree that there are many factors. It is funny to read how employee compensation should have nothing to do with profitability of a company. To extract large wage increases from a continuously unprofitable business is pure suicide. NK is seeing it now. Puffing one’s chest and declaring worth is surely true in the sense of one on the receiving end. The reality is that collecting compensation as a company continues to bleed becomes a contributing factor. I think all pilots are highly valuable but when a business model does not substantiate the expenses, the cards start to fall. I think NK management made some terrible business decisions and here we are.
The pilots didn't unilaterally decide to pay themselves more. The company and the union agreed to a CBA. The pilots took a discount for exactly the reasons you are alluding to, by taking below average pay. It is management's job to turn a profit. They failed miserably and continue to fail.