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Old 04-06-2014, 02:57 PM
  #86  
Mesabah
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Joined APC: Feb 2007
Posts: 7,339
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Originally Posted by expectholding View Post
Just out of curiosity...if there was an entitlement to negotiate those things even without a union or ALPA, who would negotiate on your behalf and how much would it cost you?
In bankruptcy when your contract is cut, you become an unsecured creditor. You can handle it on an individual basis, or join a committee, which can be anything from a group of employees, union, etc. There is no guarantee you will get anywhere close to 100 cents on the dollar, DALPA got very lucky.

Note that in the case of NWA, the pilots took massive concessions before the bankruptcy even began. This was a mistake by ALPA, because usually concessions made prior to bankruptcy are not able to be recouped in any meaningful way.
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