Here is the press release:
The airline, which filed for bankruptcy protection in September last year along with Delta, plans to impose cuts on the roughly 1,000 flight attendants beginning Nov. 15, reducing average pay by 7.5 percent to realize $7.9 million in savings.
Ok, my take on the math. 1000 F/A's making average of $25,000/ year (reasonable ??). That puts payroll at $25 million for F/A's. Now whack $7.9 million and that leaves $17.1 million to divide up. That drops the average earnings to $17,100/yr or only $1425/mo. That my friends is a 31.6% cut in pay. The friggen spin on crap.......
The airline, which filed for bankruptcy protection in September last year along with Delta, plans to impose cuts on the roughly 1,000 flight attendants beginning Nov. 15, reducing average pay by 7.5 percent to realize $7.9 million in savings.
Ok, my take on the math. 1000 F/A's making average of $25,000/ year (reasonable ??). That puts payroll at $25 million for F/A's. Now whack $7.9 million and that leaves $17.1 million to divide up. That drops the average earnings to $17,100/yr or only $1425/mo. That my friends is a 31.6% cut in pay. The friggen spin on crap.......