Originally Posted by
Tomahawk58
You forgot to add there will be no furloughs either! The equity stake alone makes the pilots one of the largest holders. I expect the judge to grant an extension one to two weeks to allow the details to be worked out.
Certainly a ton of work has gone into this with both sides coming to the center. Hopefully, the full details will be made public in the next few days and most can judge for themselves.
Best to all AAer's.
AMR would have to ask for that extention. Despite your inferences AMR can sail this ship to wherever they intend to with no consensual agreement from the pilots, I think they know they need a deal.
The pilots will need specific contractual language for all changes to the green book for an accurate evaluation and scope is still an issue, I think. To do that would require at least a few weeks. Again, convincing the BOD and the pilots are two different things.
As for AMR making that move, we shall see. In reading several press articles on their response to the failure (which was simply based on scheduling provisional language or lack thereof), aside from being "very disappointed", I saw no statement from AMR that they were focusing solely on Lane to abrogate. It's possible they could just get lane to impose the LBO and then negotiate changes/final language, but that would prolly just cause more anger and I think we have more then enough of that.