enthalpy

enthalpy

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Friday, January 23, 2004

Posted 1/23/2004 10:27:00 PM by Douglas

Looks like some folks at USA aren't getting that post-Christmas bonus.

"The contract spells out performance bonuses based on safety, cost-effectiveness and other factors. For Oct. 1, 2002, through March 31, 2003, the alliance was eligible for $81.2 million in bonuses. Kostelnik's letter said the alliance will get only $36 million because there were two successful shuttle missions in the same period as the accident. The result is a penalty of $45.2 million."

I'm no accountant, but if it was going to be a "bonus," and then they didn't receive it, it's not really a "penalty," is it?

Also, where is this $45.2 million going to go now? Kegger at Gilruth?

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