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Developments at SWA

  • Thread starter Thread starter chase
  • Start date Start date
  • Watchers Watchers 5

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Sugardaddy

SWA received a little over $250m from the gov in the last payout in May. Without going into mind numbing detail the debate is where SWA will show their $250m from the gov, above the line or below the line. Where it shows up on the balance sheet will determine if we receive more than the base raise, 4%. The debating points on both sides are flying around right now but if a consensus can't be made then an arbitrator comes in & decides. The increase occurs Sept 1 so hopefully there will be a decision by then. We'll see how it all pans out. I'm confident our union & SWA will find a reasonable solution.
 

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