Originally Posted by
Sliceback
A better question might be - do management pilots still get retirement contributions eff. Nov 1st? That might be where he's getting confused.
The BK lawyers will petition the court to pay "retention bonuses" to management who stays through the BK process. It will be a nice windfall.
Then you will see them rehired with nice "post BK new company stock options".
They knew a long time ago that you don't plan retirement on tradition retirement plans. They use those plans in BK court to get the books clear after they run the company in the ground.
AA is the last to do this Harvard Business School trick.