Quote:
Originally Posted by NoSoupForYou
Slow-
My point- as I emphasized quite clearly- was that Reroute dismissed the full depth of concessions under Moak's LOA 51 as "...some other contractual changes..." while making a detailed point of other concessions under Malone's LOA 46. I felt it was important to remind our readers what the "other contractual changes" actually were.
Soup
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Soup, I was responding to a post that dealt primarily with pay cuts and scope concessions. So my comments dealt with pay cuts and scope.
As for the pension, IMO, it was toast, with or without LOA 51. It was hard frozen for what, 2 month? The company never needed our permision to terminate the plan and it should be noted that absent LOA 51, the company never needed to issue us a $650 note, they never needed to change our DC matrix to a flat 9% and they never needed to issue us a $2.1B claim.
In these last rounds of bankruptcies, can you think of any airline labor group that went through the process without negotiating contractual concessions, and if they didn't, any in which the judge didn't ultimately reject the contract and in cases where the judge did reject the contract were any labor groups allowed to exercise self help?