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Bye bye AMC

Bye bye AMC  

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Author: MyBazIch   Date: 3/14/2017 6:23:44 PM  +3/-3   Show Orig. Msg (this window) Or  In New Window

Well, it’s not over yet but I can see it from where I'm standing.  The present "leadership" is going to make out like bandits at $43.00 a share and AMC will be chopped up, lose bases and sold off in the next several years.  Hospitals and other providers should move back to ownership or re-establish their own Part 135 Certificates or be prepared to be placed into old small junk like AEL flies.  This should also destroy the worthless 109 in the process but for now the pilots will continue to pay the dues for having no new contract for the balance of FY17.  Yea, you call agency fees because Union Dues are illegal to collect in Right to Work States. 

This won't be good for the pilots in several ways.  Unless you have thousands of shares like AT ($1,386,778 in stock awarded last year) & MA ($554,714) have. Good deal for the top guys, but the pilots wages will stagnate and let the long range commute begin. 

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AMC +1/-0 Sold 3/14/2017 9:04:43 AM