Originally Posted by
BoilerUP
I like how concessionary decisions ALWAYS have to be made in an extremely compressed time frame...but contract negotiations for wage & work rule improvements take YEARS. Very strategic in this case, as it more or less prevents a pilot group vote (especially around the holidays? YGBSM) and would lay it directly at the feet of the MEC.
If 'all' they are asking for is 5%, what's the worst one could reasonably stand to lose at the hands of a bankruptcy judge?
I don't work there so I have no skin in the game, but this has been played out many times before...even at the regional level. And if BK is the best way to restructure the company financially, pilot concessions aren't going to do jack squat to prevent them from filing.
"All of this has happened before, and will happen again."
What this guy says. Look at airline history, specifically the past 10 years, most recently the AA guys. Hold the line guys! Good luck!