Anybody going to the little "meetin' " tomorrow in the crew room?
Let me take a stab at what they might say...
"Guys, we have to raise the full $300 million with this IPO offering. If we don't, things could get challenging in the next few months and our growth plans could be jeopardized....we have some big debt payments coming up and a line of credit is expiring next month...we're having trouble securing credit due to our small size...the strike really affected our operations, much more than any of us anticipated...our advanced bookings are soft, as they are for most airlines out there...going forward, a sale of the airline could be the only viable option long term if the funds aren't raised...if necessary, we may be open to approaching the pilots about issuing the group stock for pay reductions...we recognize the timing of this IPO is not exactly ideal, but its worth testing the waters to see if we can raise the necessary funds. It's about securing our future."
I'll say this...ain't no way this rodeo cowboy is taking any concession! It ain't worth losing your dignity!!
Keep your fingers crossed...maybe they truly will try to change the culture around this place with this pow-wow, but anytime a management guy wants to talk face-to-face with pilots, there's usually another motive.
(I know...I'm so optimistic and positive...LOL...lots of heavy sarcasm in my post).