They can add $20 to each of those rates now!

Yeah, I'm sure they'll just agree to any demands :D With all that leverage working in our favor LOL. But all jokes aside, me thinks you might be right if we can lock something down soon. Company know's they're gonna have to pony up so dough, BUT, we'll see what happens this week. It appears that PBS/Sec 15 should get resolved this week. With that out of the way, the rest should be fast; in theory.

Seven months of negative job growth, oil prices skyrocketing and an economy in freefall. The third once in a lifetime economic disaster of my life is here.

We missed the opportunity to ask for anything. All management has to do is wait six months and they can damn near guarantee it’ll be another 10 years before a new contract is signed.

$20? I make $50 more than top rate now and that’s on a contract that’s amendable end of year.

serious? I had no idea that in a segmented market economy people make different amounts of money for doing the same work based on who they are doing the work for!

Management's not doing their job if they're not re-evaluating everything, including the contract & the merger.

None of that is a surprise to your management. They have economist working for them and this has been one of the most predictable economic cycles. When you unwind the biggest money print and fed balance sheet expansion in history a slowdown is inevitable. The rise in oil marks the beginning of the end of the business cycle and your company is well positioned for it. Maury was quoted after the 2008 downturn ended saying he wished they had a couple more years of it. The leisure market is resilient and unlike most airlines that have 110 million dollar per a/c lease payments, yours can flex down lower margin routes if oil stays high long enough. Your company cruised through the lost decade and hit 68 consecutive profitable quarters.

With clapped-out MD-80's they picked up for a couple mil. & refurbished. Not sure the formula works with brand-new Boeings to pay for.

The MAX's were ordered right after the global MCAS grounding for around 1/2 price. They also use 50% less fuel than an MD80 and even less fuel per seat with the 190 config.

So for all you guys with the inside sources. Are we closing section 15 today?