NWA Merger Stuff
#161
The key thing we lost was the amendable date. Huge giveback especially in light of the current price of fuel. We also lost the 1.5 reset on profit sharing and a huge increase in RJ's plus a increase in the allowable gross weight for some of those aircraft. We will see a real income decrease over the life of the contract as inflation eats away at the meager raises.
#162
Gets Weekends Off
Joined APC: Feb 2008
Position: 757/767 FO
Posts: 847
#163
do you really consider yourself a grown-up with your little rant or did you just forget to take your meds that day...
#165
Oil may not biggest issue on our horizon right now. Have you looked at the economy and stock market lately? They are in free fall. The government just took over a corporation and that did nothing to stop the free fall today. Tens of thousands of high paying jobs are being eliminated. As long as these people were employed and their companies were making money, they were able to pay for the extra oil expenses. Mark my words I bet we start seeing a big drop off in demand as corporations eliminate all unnecessary travel. If the loads drop off, it won't matter if oil goes to $70/barrel if we can't cover the cost of flying the people we have.
You are exactly right.
Carl
#166
#167
I'm not afraid to admit I'm primarily interested in results that benefit me. I'm up front about it. Frankly, I don't trust anyone who claims otherwise.
You expect someone to believe you're more interested in the collective good than what's best for yourself? I call BS.
You expect someone to believe you're more interested in the collective good than what's best for yourself? I call BS.
Carl
#169
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,990
... and Carl has that promise from the Dali Lama
The government did not take over AIG this week, they extended them a bridge loan at 8% (well above LIBOR) and got equity in a trillion dollar Company to boot.
It is possible (and I expect) the US taxpayers will end up making money on AIG. After all the US government and its failure to regulate naked short sellers is the reason this happened in the first place.
The strip Vegas is much better regulated, and transparent, than Wall Street.
The government did not take over AIG this week, they extended them a bridge loan at 8% (well above LIBOR) and got equity in a trillion dollar Company to boot.
It is possible (and I expect) the US taxpayers will end up making money on AIG. After all the US government and its failure to regulate naked short sellers is the reason this happened in the first place.
The strip Vegas is much better regulated, and transparent, than Wall Street.
#170
Gets Weekends Off
Joined APC: Feb 2008
Position: 757/767 FO
Posts: 847
Your life is quite sad, really. Believe it or not, I do feel sorry for you, Carl. I can't bring myself to despise you. No one should get old and have only airlinepilotforums to cling to.
Thread
Thread Starter
Forum
Replies
Last Post