cltrat, I am no expert but this is what I believe that makes CIC worthless. I may be wrong, but in the end I won't regret my yes decision. I may however understand that my yes decision was wrong but I won't regret it because I made it with all the facts and possibilities at my disposal. If this TA gets shot down I will be ready to take the next step with the naysayers.
Respectfully,
P. REZ
Pat, the one fact that you are failing to be reasonable with in regards to the CIC is your failure to recognize that the CIC was a 'must have' for the company this time. That basic fact can logically and reasonable mean that the CIC must be more than your opinion that it was 'worthless'. I think the facts should allow you to give more respect to the CIC.
So far IMO, PHX is bias as they have not come up with one good reason why the CIC was a 'must have' for Hemenway. Freedom said hemenway was 'Just cleaning things up'. That is a nonsensical position. You are saying it is 'worthless'. I think the facts are separate from my opinion and hold your positon to be incorrect when addressing the actions of the company, i.e., why would Hemenway want the CIC if it is worthless?
The facts are this:
1. The company attorneys didn't mind leaving the CIC in the contract when doing the AMerica West merger. And an arbitrator agreed with the company attorneys.
2. The company attorneys told Hemenway to remove the CIC this time.
3. A merger is being discussed and may be announced as soon as May 9th.
I think it is very clear that the CIC has value and in having value it gives fleet service leverage. I'll stand on the actions of Hemenway. To say it is worthless does harm to justice as there would be no logical reason why hemenway would make the CIC a 'must have'.
You may be correct in that the company may have to shuffle a transaction if the CIC was left in, but the company obviously doesn't have any present intentions of doing so since it wants fleet service to be the last group to remove it.
regards,
Tim Nelson
IAM Local Chairman, 1487, Chicago