Pilot Knob said:
.....(most I would imagine are very upset they were put in the position to stand up to mgmt instead of the pilots, at least one FA told me this personally).
Did you get some stock tips from this FA too?
Do you know what our new TA is composed of? Have you read it?
Do you know how it compares to the rest of the industry? (Did you see the item-by-item comparisions on
every issue negotiated?)
Did you go to any road shows, or read the reams of stuff that came in the mail?
The answer is NO to all the above. The TA was presented to the pilots, & was approved, because it was deemed appropriate for the current conditions. The fact that it wasn't voted down, doesn't mean we didn't stand up to Mgmt.
If I remember correctly, the UAL & USAir guys approved their TAs too.
Did the UAL & USAir & DAL guys fail to "stand up to Mgmt?" The RLA doesn't apply...section 1113c does. Figure it out. At least we haven't had our pension trashed, like the other 3 airlines have.
What they want to take from the FAs is different than what we dealt with. They want to take more from people who make a lot less. The FAs deemed it inappropriate, & voted it down. BTW, only 60% voted the 2nd time, & two-thirds of them voted no...... so the turnout was pretty poor.
Final act, dumping the pension fund on the Pension Guarantee folks. My guess is no later than spring 07.
Your guess is just that....
If they dump the pension, the PBGC gets a large equity stake in the reorganized company.
Do you think that Mgmt wants that?
Do you know anything about the backgrounds of Doug Steenland, and particularly, Gary Wilson?
Better read up on the facts before you start guessing.