[lbo-talk] christmas bonus on eBay

[Jordan Hayes]

> Alaska Pilots have been forced to negotiate with the
> company, which is determined to cut their wages and benefits
> and raise productivity at the same time, for 18 months, and
> their contract just expired on December 15:

Reading Alaska's recent 10Q we find:

[ ... ]

- For the quarter, total operating expenses increased $64.0 million, or
12.1% [...]
- Wages and benefits increased $8.6 million, or 4.3% [...]

  + $7.1 million increase primarily reflects scale and step increases
- In May 2004, under terms of our union contract, our pilots received a
4% wage rate increase, which represented 50.7% of the total increase in
wages.

http://biz.yahoo.com/e/041223/alk10-q_a.html

Alaska has about 1500 pilots (out of 10,000 employees, 85% of which are
unionized) and about 110 aircraft.  You figure it out.

"Full pay untli the last day!"