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Ha what do you think the CEO is going to say? Of course he is going to paint a pretty picture, no.? The facts show otherwise however
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Originally Posted by Beans
(Post 2526460)
And how some don't see this as cost neutral befuddles me. When the dang CFO tells investors its neutral and still a group is all in "yes" like this is a fair and "industry standard". Its far from standard on every section period. YGTBSM
https://media1.tenor.com/images/ee61...itemid=7523628 |
Originally Posted by Tjamaica
(Post 2526472)
Ha what do you think the CEO is going to say? Of course he is going to paint a pretty picture, no.? The facts show otherwise however
SAVE is a publicly-traded company. Putting a spin is one thing. Brazenly lying about fiduciary issues is another. SAVE management will have definitely earned their upcoming bonuses with your YES votes. |
Ok. The numbers are something like $14 to $1 not in favor of the company. Where they win is efficiency and, quite frankly, they need it. How is that cost neutral?
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Posted elsewhere too :
Even if the numbers are way off as far as the cost savings to the company, it's still way less than our gain. Ex... Rough numbers 12M year savings plus reduction of 200 pilots (alpa estimate) avg compensation top and bottom of the pay scale would be around 166/hr... Figure it out at 72 hours and you have 28.6M year... Add them up and you get 40.6M post year cost savings to the company 5 year total savings ~ 203M Gains in ta1 ~ 920M Even if numbers are off substantially, there is no way its cost neutral. Sent from my SM-G950U using Tapatalk |
have the numbers been adjusted to the damage we will do to the company's profits in regard to the tax reform act? or is alpa still using the pre-reform numbers?
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Yes, all companies will benefit from tax reform. Spirit is no different. I don't know those numbers. Look, debating on the internet is not my idea of a good time. I just wanted to share a few facts. Good day sir
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Originally Posted by Gjn290
(Post 2525973)
I think those that don't have a vote should absolutely be allowed to have a voice. We all work at the same airline, under the same contract, we will all be affected by what happens on February 28th.
Did you listen to Art Luby's discussion about scope in the video? It was pretty eye opening. While I would love tighter codesharing scope, it doesn't seem like that's a possibility. I am in no way condoning a codeshare with NAI. I am 100% totally opposed to that. |
From a recent MEC publication:
Do you anticipate a change in mood @ NKS relations? The relationship between the MEC and Spirit management has been, and will continue to be professional, businesslike and cordial. The Status Reps all have good working relationships with their respective Base Chief Pilots and the System Chief Pilot. The MEC Chairman and COO John Bendoraitis have a history of open and productive dialogue. Furthermore, ever since Spirit hired an in-house Labor Relations Counsel near the end of 2015 we have had great success in resolving disputes without an arbitrator's involvement. Having said that, we know that we will still have disputes with management. All properties do. How those disputes are handled is where the rubber meets the road. We are cautiously optimistic that our relationship with management will continue to improve, as it has for the past two years. Was this author the same "expert" that calculated a 12M savings per year from wholesale work rule concessions? :confused: |
Originally Posted by CMFIC
(Post 2535410)
From a recent MEC publication:
We are cautiously optimistic that our relationship with management will continue to improve, as it has for the past two years. Are these folks selling us this TA? I did have much empathy and respect for their hard work under the constant threat of the TRO. This above is challenging that. If we give it away, we will be sorry as long as NK stays NK. |
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