Originally Posted by
SpecialTracking
The parking of the 67's resulted in a block hour ratio violation but was ruled in favor for the company due to force majeure. Now the planes, already parked as a result of force majeure, are sold. That however, was a violation and resulted in a $40 million dollar settlement outside of arbitration. So instead of selling, the company could have retained the planes, park them in the desert, and forgone the $40 million dollar settlement? Either way, the planes were never to operate in service again?
Does that pretty much sum it up?
Pretty much. I think the slippery part to the selling of the 762's was that they were shopped prior to the MAD thus making it an uncertain win in a grievance. The block hour ratio one was supposed to be a slam dunk as it was a clear cut violation.