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Old 09-04-2012 | 01:45 PM
  #6  
eaglefly
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Originally Posted by eaglefly
Looks like judge grants AMR's 1113 request to abrogate. Ultimately, this was expected, though surprised judge ruled today considering all the issues raised. Interesting to see how AMR will make it out of BK though considering the UCC's attorney said that an agreement with the pilots is necessary for exiting C11.

My guess is there will be heavy pressure for AMR to strike a deal with the pilots or they'll get pushed aside in favor of Parker and his CLA's with labor. Meantime, the next move is AMR's to see what they implement going forward. Pilots here are none to interested in dealing with this management and would rather be the ones kicking the can for a change and see where we go. Now time is on the pilot's side instead of AMR's.
......and IMO, the only way a deal will happen is if that deal is better then Parker's CLA, otherwise the pilots will kick the can until the UCC terminates exclusivity. The APA BOD will not pass along anymore pointless garbage to the pilots they'll just reject anyway. I assume the strike ballots will be mailed after AMR announces it's intent to impose X, Y or Z, although it's very possible they'll elect not to impose anything yet and schedule negotiations with the APA.
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