Wow! Full denial. I guess the Polar MEC has done a good job getting a few of you guys to ignore the facts and goose-step towards your destiny.
I had a good laugh when I looked at the list of airlines that make "so much freakin money" flying cargo. Please, drop the crack pipe and step away from the airline comparisons. UPS and FedEx's core business isn't flying cargo "by the pound" over the ocean. They are wildly profitable, but they're not in the same business as Polar. NWA is close to bankruptcy. NCA and JAL might have full planes, but that doesn't mean they're making money. These airlines might all farm out work to ACMI carriers because the ACMI outfits can carry cargo for lower cost than they can themselves. Oh, and by the way, Southern, Tradewinds and Focus are all expanding rapidly because they have lower rates than Atlas/Polar.
"What kind of an idiot would continue to run a business that makes no money?"
The kind of idiot that just wants to keep the company alive to see better days, when fuel prices drop and rates rise.
"What kind of an idiot would invest in a company like that?"
The kind of idiot that already has a huge investment (in assets and cash) already in place there that doesn't want to liquidate in the current market.
Remember, Polar rejected the Atlas contract at the start of negotiations. You could have had the same pay as Atlas if you would have accepted the rest of the contract. But no, you're now looking for a 30-40% raise plus improvements to other parts of your contract. Seems unrealistic given the state of the company and industry. How did your MEC ever convince you guys that this was reasonable at a time when your parent company just emerged from bankruptcy and fuel prices are at a record high and climbing? Was there a wash tub full of Kool-Aid in the room? Did some of you boys sneak a few extra servings?
There is one post I agree with above. Management is weak at the parent company, but the union won't change that. Their jobs are safe. YOUR JOBS ARE NOT SECURE. You should have taken the 12% (or 10.5% or whatever you think it was) and come back to the table in a year or so when conditions might be better.
