Originally Posted by
slowplay
Do I expect it to happen again? I certainly hope not, but the list of airlines that have gone to the courts twice is quite long. Remember when Delta had 17 years in a row of customer service awards? How about when DAL and NWA were the models of financial success in the industry? Sorry for my pessimism. I work in the airline industry....every day is a new day.
You're right, the money is for Disability and Survivorship. Right now I'm told the majority of the funds are paying disability benefits (mostly non-seniority list), but supposedly there's a big wave of survivor benefits that will start being paid. I think most of the funds in the Trust are allocated to fund those future survivor benefits. I can see us hitching our wagon to a D&S survivor benefit just as the Trust gets sucked on hard, potentially leaving our survivors with an empty bag. Again, no thanks. JL's idea is a non-starter with me.
Show me the money in my name, please.
Can't argue with the first paragraph.
As far as the second goes, I'd want to see some figures justifing the above. Not saying you're doing it but the above bolded sounds a little like crying "wolf." Let's face it, the change to the D&S plan was a concession in bankruptcy. Are you trying to tell me we got a better deal now than it was before!! Sounds like you are telling me it's "raining." If you get my drift!
The $60 million we are paying from the plan for sick leave every year can fund alot of survivor benefits!! And I DO look at that as our (the pilots) money.
I can't argue with the last sentence either, especially the "Show me the money" part!!!
I gotta go fly and think about this!
Denny