Rumor at AFW is....
Company Dog and Pony show scheduled for April 28th at a hotel near DFW airport, not at the Hurst location where they have been meeting in the past. Doom and gloom power point presentation on if they accept our proposal they will have to file for BK in five years.
I say, wake me up when the presentation is over and What's for lunch?
While I would not be suprised if some in the International tried to play up the inevitable doom and gloom show (some still love to throw out the specter of "BK") I'm not too concerned with anything they decide to put in their little slide show. The group of guys that are in there now have ignored them in the past and will do so again.
In the past these presentations contradict each other. One presentation will say that we need low wages to compete with Timco because if we cant get more 3P work to fill the white spaces we will have to cut 1200 heads. The next one will say that despite adding 900 heads we need to have 7 day coverage because we have too much work and cant meet the company's needs with a five day operation.
Now they will probably claim that our modest $190 million a year increase, coming out of $22billion in revenue (less than 1% of the revenue, the offer still leaves them with over $160 million a year in savings) will bankrupt the company, in the meantime they are in such bad shape that Arpey got an 11% increase, they ordered a few more 777s and they decided to pimp out all the baggage carts so the customers dont see rusty roofs..