CB777
Posts: 1135
Joined: Wed Sep 08, 1999 8:13 am

CO Pay Cuts

Sun Dec 19, 2004 2:43 am

Does anyone out there think if the pilots union & flight attendants union
vote no to any pay cuts, will CO have no choice but to file for chapter 11
and in turn have their contracts voided..?
 
artsyman
Posts: 4516
Joined: Wed Feb 28, 2001 12:35 pm

RE: CO Pay Cuts

Sun Dec 19, 2004 2:53 am

Nope. The majority that I know are expecting it, and seem resigned to the fact that it is coming. Everyone has taken them, and despite the mutterings of the screaming few, the pay cuts are not that high. The few I know that have already had the pay cut (last week) at CO, had an average cut of 3%, not the 20% that the shouters proclaim everyone is getting.

The cuts will be a drag, but not the huge drama that others have gone through

J

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