Henderfuzz
Senior
- Mar 29, 2006
- 305
- 0
The Company knows what it's doing. The stock price was at about 9 bucks when Hemenway inked the Mechanic deal for snap backs, no layoff protections, better retirement contritbutions, and around 30% increased compensation package over 5 years. Ironically, that same day, oil traded at an all-time high during the intraday trading at $112.75.
Fuzz, it's the company's job to fix problems so let them worry about it. In the meantime, if hemenway can sign that kinda deal for mechanics then it naturally follows that he can accomadate the fleet service interest also.
regards,
Tim Nelson
IAM Local Chairman, 1487, Chicago
Ok I agree that becasue of what the Mechs. got we need to see a very fair agreement come out of the talks next week, however you dont just wave a wand and say fuel prices go away.
I just read an article about what must be done for ailrlines to get thur this huge increase in fuel and its to reduce capacity. Well we all know what that means, reduction in service.
We all need to be perparied for that and understand that we may have to be willing to not gain everthing back in a T/A that we had hoped for.
I once again say however that I have no faith in the NC to find a way to compromise on certain items. That means we will still be out here making Sxxt wages during the reccession.
We all know as you have said that COC and profit sharing give ups should be in exchange for more dollars in our rate of pay. Im just not sure that thats what we will see.