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Not to dispute the above, but I just wanted to point out that these numbers are based upon our 2001 Contract. With all sections of the new CBA TA'd except for Compensation (and a 98% strike vote) our FO's were (are?) within a few months of having 2010 pay, not 2001 pay.
The "big windfall" that I keep reading about on these boards is not nearly as "big" as some might think, especially for senior AirTran FO's, depending upon how SLI is handled. After all, the 50 deliveries we have on order represents 300 CA upgrades that they have been waiting for, some more patiently than others . . .
For a mid-level CA like me, I would be looking at a 20%-25% raise, in exchange for an uncertain seniority, uncertain commute, and an uncertain work environment. Some things are more important than money, and if I lose out on any of the above, it's not worth it to me for some extra pay.
However, whether this goes down, or how it goes down is not up to me, and I will accept it as it happens, just trying to share how it looks from this side of the airport fence. I'm sure there are plenty of guys with quite different perspectives, too, that are equally vaild.
Ty
They make a big deal about growth in their ancillary revenues in all their Wall Street presentations, but from the looks of it its been flat at $65 million or so for over a year.
This may make you feel good to think so, but it is at odds with reality. AirTran is making more than ever before, and hiring an adding another 10% to its pilot ranks.Airtran may be out of money, gas and ideas. So much for the 50 airplanes they planned to grow with. .
Here is a quote from Gary Kelly:
"Southwest CEO Gary Kelly gave three reasons: 1) The financial health of the company, 2) there is little or no organic growth left with Southwest's route system, and 3) the right leadership team is in place."
Prior to the acquisition announcement, SWA was out of ideas regarding growth in its existing route structure. I suspected as much for awhile due to your flat to negative growth for the year. The above quote by your CEO confirms this. No growth means your huge cash cushion will slowly disappear as your costs continue to rise. Weather you want to admit it or not, Southwest needs what we have. This will be great for both companies and I am looking forward to the future possibilities.
Your CEO also stated that too. AT can't grow organnicaly. I have to find it. I think it was on FI in regards to The cowboy/falcon deal. Who cares, together we both will kick azzzzz.
So sex twice more a week than we get now is somehow related to the merger?enjoy your hobbies and make it a goal to have sex 2 more times a week than you do now.
Do that and this is ALL good for everyone