Already considered and done. Rhetorical statement. Next?

Could have been a negotiator with those qualifications. :D

I'm sure someone will hold your hand and help you across the proverbial "legal street":p

Really ?!

So it's just not "legalese" that's an issue for you.

Yep. I do know when a contract has been breached though. ;)

'Splain it then Einstein. Here, I'll rephrase it for you. How does a FO upgrading via an AE displace a captain already in the seat?

Carl is right on this one.

Dividends are a stockholder's friend. Stock buy backs are a monumental waste of capital. They used to be against the law. They really are an abrogation of fiduciary responsibility. This money should have been distributed to the shareholders in the form of dividends or reinvested in the corporation.

I have a few ideas on ways they could reinvest that 6B in the corporation.

When his seniority number is higher than the captain already in the seat. While it isn't a displacement for category purposes, it does displace the original captains position in the category.

Question for Bender.

Are you a LCA? I was wondering how the OE drops would affect the LCA. Once a LCA bids his schedule would he still be allowed to swap trips?

I assume that as of now LCA do not swap trips once an OE is on it. So if they designate 3 of a guys 4 trips one month out does that mean No swaps etc for those trips?

Just trying to shed some light on some possible unintended consequences.

Thanks Scoop

So what? That can happen anytime for any reason. That's a real weak cause/effect argument. It is not a displacement by any definition. I have had more guys bidding in on top of me for the last 5 years than have bid out until recently. I haven't been displaced.

I'm not saying they are a good expenditure. Never said that. All I am saying is that the perception that it enriches the executives is minimal at best because with the amount of stock we have outstanding, it won't move the needle enough to "enrich" anybody. They already invest 1/4 of the profits in the employees, pretty hard to justify doing a bigger percentage than that from a business perspective. Do you disagree with that?

Once an OE is placed on a LCP's line he is stuck with it. I would guess that this would negate their ability to do premonth swaps/drops. I don't know for sure though.