Originally Posted by
whtever
+1 Nice post! Completely agree... Maybe we should have a few Comair guys speak after the "roadshows"
Or you could bring this to the road show and read it out loud during the Q&A:
"This is from page 7 of Comair's 1113 decision.
Section 1113 of the Bankruptcy Code provides as follows in the relevant subsections:
(b) (1) Subsequent to filing a petition and prior to filing an application seeking rejection of a collective bargaining agreement, the debtor in possession or trustee, shall —
(A) make a proposal to the authorized representative of the employees covered by such agreement, based on the most complete and reliable information available at the time of such proposal, which provides for those necessary modifications in the employees benefits and protections that are necessary to permit the reorganization of the debtor and assures that all creditors, the debtor and all of the affected parties are treated fairly and equitably...
Now please tell us where it says our sacrifices will be honored by the court when Pinnacle files for bankruptcy? Because the "subsequent to filing a petition" part kinda says we still need to give back our fair share during BK, regardless of what we give back now."
So throw something like that out there and watch the shifty ALPA lawyer they have standing off to the side kinda step forward, shrug his shoulders, and tell you "There's really no way to guarantee anything no matter what you do, and I can't tell you how to vote but you really should vote yes for the TA."