Well, the UCC agreed to support a 13.5% claim value for AA pilots to partially compensate for loss of A-fund value, but that's currently out. A claim does still exist, but it's value is unknown as long as we have no CBA to define it. You guys on the other hand are not losing any pension value (401(k)) from what I understand, so I don't know what "claim" you would be entitled to. I haven't seen any claim offers in any of the Eagle proposals and AFAIK, the F/A's new ratified agreement would have to have one and additionally, if that exists, all Eagle labor would be entitled to an proportionately equal claim based on value of loss.

Curious myself to see what that little ditty is all about......perhaps they're referring to some type of veiled signing bonus ? Our failed TA is dead in the water, so unless they come off that statement, we are prepared to exit BK with no contract. If what is being said is accurate, it will be interesting to watch the crazy train of 7500 pilots operate under 5 different state laws for employment. If that in fact becomes reality, I predict insanity. Once exiting BK under those circumstances, we'll not be working under a COLLECTIVE BARGAINING AGREEMENT, but a work order from a judge. AFAIK, bankruptcy court provisions are not applicable after BK is exited in regards to nullifying state labor laws and judges work orders don't supersede or negate those state labor laws.

Personally, if that is the UCC's final word, I hope we can exit BK ASAP and see what our world will really be like as it is indeed "uncharted territory". Should be absolutely fascinating though.