Charlie McDonald Annual Quotations

The first provided a 10 percent signing bonus and a pay increase of 3 percent in the first year and 4 percent annually for each of the next two years. The other option offered a 7 percent signing bonus and a 5 percent pay increase in the first year, followed by 3 percent annual increases for each of the next two years. Given the circumstances in the airline industry today, we believe we provided an attractive, comprehensive offer that addressed the major concerns expressed by the pilots during negotiations.

The company is very disappointed that a fair and equitable agreement could not be reached. We believe we had a very attractive offer on the table, including annual wage increases, continued profit sharing, a signing bonus, benefits improvements, work-rule improvements and a job security proposal.