Originally Posted by
Vikz09
Slowplay. Let me start by saying I have no dog in this fight as I was brought in after the merger. However, It does seem to me that you love to throw "you have a frozen pension" in the face of former NWA pilots. I fail to see your argument? They negotiated to keep that, No? Similarly, the pre-merger Delta MEC had bankruptcy negotiations with management and we're unsuccessful in keeping or negotiating the same with their management. What am I missing?
I think you misunderstand.
A frozen pension isn't necessarily a good thing. If you had low FAE or years of service it's not worth much. I don't see how that's "throwing in the face."
btw, pensions either meet the standard for distress termination or they don't. That standard is contained in the bankruptcy code and ERISA. There is no "saving" them through negotiation.