Thread: What now?
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Old 08-18-2012 | 09:25 AM
  #6  
eaglefly
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Have to disagree with the squirrely little sports cars assessment and advice. This isn't Delta management we're dealing with, but instead a completely different ethical standard from them. First of all, the 13.5% claim is an undetermined amount and may be nowhere near the Delta figure. Secondly, it is AMR that gets to decide the form of compensation of that claim and many agree it would be stock, not cash. Even if cash, after being heavily taxed and divided over the life of what could easily be a decade long sentence of hell like the UAL pilots have lived with, it would add up for most pilots a very small monthy boost.

Since many pilots can expect a 100% pay cut via furlough and many others still drastic reductions in compensation as a result of downgrades due to massive outsourcing, the 13.5% claim is an example of a bad auto lease claiming no money down, but devistating on the details and on the back end. Other common references could be "sham", "con" and "sucker punch". No, I think it's safe to say while it would be better then not having one, the claim isn't worth the price being asked to pay for it.

I think most of us know that this BK is a sham and the game is hopelessly rigged against us. Therefore, I and many others expect Lane to abrogate in the very near future. As one management type claimed, it will indeed be "uncertainty and pain" and likely not just the pilots. But, sooner or later, this BK will run its course and it will transition to a different arena and a different game. THAT is likely when any changes will occur. IMO, once clear of BK and the pilots having been likely existing in a state of tyranny for many months, I think many will move on and attrition will escalate to a hundred to perhaps several hundred/month. May 2013 is the 18 month limit that AMR has to be clear of BK by and that will coincide perfectly with the dawn of a heavy summer flying requirement and potentially a concurrent high attrition rate similar to the level that force AMR to play their BK card months early in November 2011.

When those two situations collide, there's going to be a lot of deaf ears among those pilots still hanging around AA should sobbing, crying and begging be heard from other directions. The worse conditions get, I think the more will leave and it will be catch-22. What's happening now is simply more of kicking the can and limping along. Unfortunately, it will be the current creditors and future management and shareholders that will have this tossed in their lap and I don't think many of them realize it won't matter to pilots who have been abused to this degree how bad their pain is then.

I don't think many of them are really looking that far forward and realizing the downside of continuing, advocating or assisting in this level of attack on pilots that very shortly may really have little left to lose and are too old to take the punches anymore. At that point, whomever is in charge of what may likely be a madhouse will have to fork over some serious bucks to stop the bleeding. You'd think the creditors would be concerned about this, but perhaps they've been listening to the limping can kickers so long, they've stopped thinking ?

Just my .02 on this ever tightening graveyard spiral of a BK process and what could be an unforeseen, but likely aftermath.

Last edited by eaglefly; 08-18-2012 at 10:02 AM.
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