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The MEC is electing a Strike Committe. Followed by informational picketing.
Not good for JD Powers. Not good for bookings. Then a strike vote. We have a great deal of legal leverage. Going to war with the pilots in this environment is not an option. Our execs stand to make tens of millions more as our Stock rises. Our contract is a pebble in the ocean. All the care about is getting rich off labor then off to the next gig. Pretty simple really. Sit back, relax and watch the master. Captain Malone will lead us to the contract we so richly deserve. |
Originally Posted by RhinoBallAuto
(Post 2083336)
I understand why the pilots would say no... but why would the company ever say yes to a pilot group's proposal?
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Me thinks this might be a troll.
BTW - it's "amendable". Unfortunately, the last MEC was thought it was "amenable", too. |
Originally Posted by Wuzatforus
(Post 2083423)
Me thinks this might be a troll.
BTW - it's "amendable". Unfortunately, the last MEC was thought it was "amenable", too. BTW... apologies for the spelling oversight. But I do appreciate the pun. gzsg's comments seem to make the most sense... But is it that simple, that they stand to lose more in stock value compared to increased compensation if the negotiations get that ugly?
Originally Posted by gzsg
(Post 2083362)
Going to war with the pilots in this environment is not an option.
Our execs stand to make tens of millions more as our Stock rises. |
Originally Posted by Wuzatforus
(Post 2083423)
Me thinks this might be a troll.
BTW - it's "amendable". Unfortunately, the last MEC was thought it was "amenable", too. I think just like some ask, why would the company ever say yes, we could also in return also ask, why dont employees ever cry foul about the exponenentially increasing disparity between labor and executive pay. The erosion of the middle class is very real, and we are letting it happen to ourselves. |
Originally Posted by RhinoBallAuto
(Post 2083434)
Not trolling. Seriously not understanding... why would they ever say yes to any offer from the pilots if it would cost them more than the status quo? What's the forcing function that would make them come to an agreement that costs them more? Labor is a cost of doing business, but is there a requirement for them to acquiesce to higher costs because the amendable date has past? Again, I totally get it that the pilot group would reject a company offer that is deemed inadequate - particularly w/ previous concessions, historic profits, desire for improved work rules...
BTW... apologies for the spelling oversight. But I do appreciate the pun. gzsg's comments seem to make the most sense... But is it that simple, that they stand to lose more in stock value compared to increased compensation if the negotiations get that ugly? |
Labor peace and productivity has driven their success, if that is to continue they need to satisfy the work groups. All but one are well ahead of their pre-bankruptcy wages. That kind of inequity will erode morale which will ruin everything they have built since bankruptcy. I thought they were smart enough to avoid that, but with RA walking out the door and his replacement a well known accountant type with a poor history with the pilots, I not so sure.
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Originally Posted by Wuzatforus
(Post 2083449)
You'll make a great chief pilot.
:( |
Originally Posted by RhinoBallAuto
(Post 2083470)
I wonder what I did to set him off?
:( |
Originally Posted by RhinoBallAuto
(Post 2083327)
I guess this is the part that I am missing... how is revenue left on the table? How does the company suffer with the PS scheme?
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