[LEFT said:cjdriver[/left];1155012]You're confused on it costing RTA $537m if it went under. That's the market value of the fleet, which it could presumably get on the street after settling with the owners. Regardless, I doubt Options will go under. This is the typical poor mouthing/softening uppre-contract. I remember when it looked like it would be he!! to be at NJA, and look at how that turned out. It will be the same for Options. Hang tough, and fight hard. You're number two in a very good market. That is always a great place to be. You'll all be set post-contract.
Flight options assets consist of it's core fleet (1/16 of each aircraft), and its
real estate holdings, office equipment ect. Options owners actually hold 90% of the actual assets of the company so there is not much to sell. But I take your point, it was inaccurate to state that it would cost $537 million to sell options. However it is accurate to say that options would take a big paper loss if they did so.
Anyways thanks for your words of encouragement. I hope our pilots are listening. It's time for us to stop buying into the FUD management is spreading and do some critical thinking of our own. Options is a cash cow for
Raytheon, why would they sell it, not only that who would buy us in the middle of a war?
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