Originally Posted by
More Bacon
What is the latest with the TWR DFR lawsuit? Trying to figure out the facts (not spin). Are we on the hook for $1.2 billion?
Why aren't we more worried about this??
Not on the hook for anything as of yet. There are still appeals to be heard, and if the ruling stands then there will be another set of hearings to determine remedy ($$$$).
Once all that plays out, if there is a financial judgement against ALPA, there is an insurance policy that ALPA carries to cover the payout.
There is little to no chance that you will see ALPA pay anything out of pocket over this case.