Actually, they're doing better financially than Frontier because they hedged. WN management has even stated that they would be losing money without the hedges.

Of course our management would state that. We're in contract negotiations, it's part of the doom and gloom campaign. Whether we would have lost money without hedges is debateable, because without the hedges we would had to raise prices to offset the extra fuel costs.

Contract negotiations 101.

raise prices
 

Raise prices.. Good one!

Did Frontier make a cut today? Lynx did.

The Lynx guys took a pay cut? The pay there is awful to begin with. Seriously, how much can they possibly cut from $50 and $22 an hour?

The Lynx guys did get a cut.

Frontier submits severance plan for managers
 

http://www.9news.com/money/article.aspx?storyid=91915

DENVER (AP) - Frontier Airlines has asked a court to approve a severance plan for senior managers it says is key to its efforts to reorganize under bankruptcy protection.


The airline says the plan is substantially less than those for comparable positions elsewhere in the industry. It would cover Frontier employees who don't have severance guarantees.

Denver-based Frontier submitted the plan today for 65 employees at the director's level or higher.

Benefits would range from about $50,000 to a maximum $144,000.

The Teamsters Union claims Frontier was seeking a "golden parachute" benefit for senior management. But Frontier spokesman Steve Snyder says CEO Sean Menke has taken a 20 percent pay cut to a $260,000 base salary.

Does that mean he is making 260K after the cut?

that's just his base salary...don't even ask about his perks and stock options. Probably worth 10 times as much. He's doing just fine.