Where is 9E Corp's Q4 report?
#21
#22
I do work at pinnacle and I happen to believe Sean is being completely truthful as he sees things. I do believe that he sees a true need for permanent concession to get this company on solid footing.
I just happen to not care. No is my answer to any pay concessions. You can easily save 5% permanently by forcing your SOC to run more efficiently. Until then, you are asking me to subsidize ineptitude.
I just happen to not care. No is my answer to any pay concessions. You can easily save 5% permanently by forcing your SOC to run more efficiently. Until then, you are asking me to subsidize ineptitude.
#23
At least he's honest in telling us we will NEVER see that money again.
FPTTLD!!!!!
#25
Any big investments come from using the company's money in the market or through the sale of corporate bonds. The terms of the bonds have nothing to do with union contracts. Those are simply risk factors in a 10k.
Look closer at the correlation between lowered employee pay and upper management bonuses.
#26
Gets Weekends Off
Joined APC: Dec 2007
Posts: 125
I'd like to hear how they are going to lower the rent on the new corporate pad by shedding the Saab and Q flying. The fixed costs aren't going away, the Union better not give them any relief in a shrinking scenario. Why was the situation so dire in December? They wanted a resolution by the end of the year but here we are, just a few days from March. I don't believe anything they say. They can threaten me with BK all the want, it won't change my mind. If chapter 11 will fix all their problems like they are pretending then they would have done it already.
#27
#28
Just another move out of the old management playbook. I believe this came from the chapter, "So You Want to Start a Sham Bankruptcy?". It's kind of like a firefighter starting a fire so they can run in and save the day. Except when Menke puts this man-made fire out, the stock price will jump and he'll have lower labor costs than some of his competitors, and management gets bonuses. God forbid he actually put his MBA to use and earn his $425,000/yr honestly.
#29
Gets Weekends Off
Joined APC: Nov 2009
Position: AN124 FE
Posts: 1,226
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