Originally Posted by
griff312
Yet, AAG still wants the Legacy Eagle pilots to take more concessions. Less than a year into their 8 year concessionary post BK contract...
Originally Posted by
griff312
There was, back in early to mid 2011. Pre BK. Then they decided to wrap EGL into the BK, to add to the offloaded debt. It's funny how in the court filings (to the SEC) to sell EGL, they said that EGL was very profitable, and provided a long term stable platform. Then, in a matter of months, all of a sudden EGL is bleeding money, and needed to take concessions ($43M from the pilot group alone during BK). Now they are coming back for more.
AMR marketing AE to sell, but no parties were interested. Logically, AMR folded the debt into the restructuring.
AMR and AE by umbilicus were sinking ships longterm.
No current Envoy pilot will take a pay cut, but future generations won't receive the same compensation. —Correct?
Are Envoy pilots required to interview before flowing up? Has the flow been extended to all Envoy pilots? AAL shrewdness may pay off for those Envoy pilots who do flow.