why the wait for the vote count?

Status
Not open for further replies.
Actually what happened was the contract was ratified. Then James C. Little stated in a letter that 3200 members were not allowed to vote due to a "glitch" in the electronic voting system. This combined with the SERP diclosure on the SEC filing the same day that balloting ended caused Little to state that the only way to have a legitimate labor agreement was to conduct a complete revote using the mail ballot system.

He then met with some Polticians in Texas, obtained the "early opener" provision and the shares of stock, and then did indeed sign the agreement "without further ratification".

Yes, you're right. I was thinking of the 2001 vote.
 
Ok. Thx for the clarifacation. I was under the impression he did it with out a membership vote.

BTW; Informer, is it true that if this gets voted down, then after AA exits from BK you guys will have another chance to nego a contract at a better time to nego a contract upon exit when profits are flying and the exects and upper management are recieving record bonuses for doing such a great job in BK???
 
It's worthless now but if you were smart enough to sell it at 40 chaching!!
As I did at 41 a share. Even my ex got a piece of that action when she took me back for a child support increase....I'm still paying for that!!! ;(
 
Status
Not open for further replies.

Latest posts

Back
Top