Originally Posted by ShyGuy

I was the one who called this out, and although it's obvious now, it wasn't so obvious when I started the thread and all these ignorant pilots trash-talked on my topic because they refused to believe it. I hope they woke up now!

Anyway, as I stated in the start of this thread, expect some news at the end of the month. The union email made it clear that the expected date of concessions if implemented would be Jan 1, 2012. If the union accepts the concessions, bankruptcy will be averted but only for a time being. But the more likely scenario that I've predicted is that the union will turn down the 5% wage concession offer, and by Dec 31st/Jan 1 (whatever the next business day is) we will declare bankruptcy.