We've taken concessions in the past, and when Northwest started reaping rewards of concessions, they didn't bring us up to standards.
Our freight division talked to the company as far back as a year ago when we saw some real issues with the company that we thought would have an impact on their financial well-being.
It's now clear that the wage concession would not give them enough cash to continue for any time frame.
The vote of the 24-member board was conducted by union president James P. Hoffa by conference call this afternoon.