Originally Posted by
Kenny
Again, your post is full of inaccuracies. So here's a little history lesson, just for you:
The owners did not screw us because they knew UAL wasn't going to renew our contract with them. What they did was make UAL pay AWAC at the old rates, with the excess over the new contract going into an escrow account. This money was supposed to go to UAL, in the event that UAL chose to affirm AWAC's contract. In the even that UAL didn't, it was to go to AWAC. In the meantime though, the AWAC pilots were getting paid under the subsequent concessionary contract.
We got screwed because we didn't get an affirmed contract with UAL, the owners pocketed the money and we found out we never had an affirmed contract which was the basis for us taking concessions. The owners never thought UAL would get rid of us but in the end the opportunity to make a deal with USAir came along and they made about $450 million out of it.
There is only one thing I have complete faith in the owners for and that is their ability to make money. Other than that, I don't trust them any further than I could kick them, And I'm not sure why you think I do trust them, considering I didn't say it.
I stand corrected. Hey Kenny where can I get a Copy of the O level physics book by Abbott I have been looking for a copy I have not seen one in 20 years,
I stand by my post that a companies business model for growth should not be to wait for another company to go under. and it seems as if thats what AWAC management is doing