Originally Posted by
Swedish Blender
A fleet guarantee only works if everything is okay. If something catastrophic would happen again, force majeure or BK would be invoked and the fleet guarantee would be DOA. That I can guarantee
That may be so, but the same would apply to any contract with any language. It goes both ways.
If such an event would happen with the current contract, what prohibits them from taking us back into BK. They could then do as they please, renegotiate and file a 1013. Regardless of the profits being shown today by airlines, they could evaporate tomorrow if any catastrophic event happens and back into bankruptcy they go.
In my opinion the whole notion of 'what if this' and 'what if that' is moot. It makes no difference and any decision making should be made on the current facts and the TA in itself, without trying to predict WWIII or oil spikes. The whole game changes then with this contract or that.
Vote no, vote yes, I don't really care. But don't try to predict the best or worse possible scenario because it usually is never one or another.