Let's see:
Company can't operate on 48 BLG
Need an LOA to go below 68
Its costing 12 Mil a year to buy up to min BLG.
Why would we ever vote yes to that?
Spending 1 Million a month sounds a lot like the cost of full filling the terms of a contract. Kind of like me going to work when I am scheduled to fly.
12 Million is probably about a tenth of what one of the VPs will get for a bonus this year.
Bottom line. They sound abide by the contract. We grin and bear it when the sodomizer kicks in (and told its all according to the contract), so should management. I vote no for this LOA. They have already told us they can't furlough by saying they can't run a company on min BLG. We are negotiating against ourselves.