Word from an ALPA pizza lunch.... ALPA offered the company $14 million in savings, and the company wanted the 5% paycut which would give them another $9 million in savings. As far as Tom Wychore sees it, he expects a bankruptcy filing within the next 1-2 weeks. Furloughing out of seniority order would take a 13E ( for Emergency) filing.. And the agreement of the judge that this is the only way to avoid liquidation.. This has only been allowed once. If we keep the Q's and lose only the Saabs through an orderly wind down, the union thinks that we can avoid furloughs.
As for the Delta ASA's, they apparently are safe, unless Pinnacle is dumb enough to ask Delta to renogiate the contracts in bankruptcy.
As for the class cancellations, the word we heard is that there is such a backup in training that they don't want to bring anyone else in, until they get the transition training completed.