Originally Posted by
ATCsaidDoWhat
Yeah, must have been terrible.
They got an alter ego foreign base closed and brought over a hundred guys back from furlough. Got the pilots through the company bankruptcy without any concessions in the CBA and kept 12% annual raises throughout it. Got them back stock options and profit sharing that has consistently gone up from 10% in 2005.
Their "failure" just got their pilots a 26% raise, 20.1% profit sharing on their 2010 W-2 wages and a reported 11.5 million signing bonus divided among 850 pilots. With growth planned to be 45% in the pilot group in the next 18 months that still won't cover the planned retirements and new 747-8's and two holer's that are coming.
And they're paying less in dues.
The miserable failure was believing that ALPA National would honor their committment to conclude the merger. Instead, ALPA wasted over a million dollars of dues money for an outside attorney to block it.
Yeah...sucks. How's it going for you?
I guess you just made my point. My life is just peachy, thanks for asking.