Originally Posted by
DeadHead
What was the TAKE, for the pilot group, when they GAVE up pay/retirement/work rules during the bankruptcy TA's?
A few that I recall...
From LOA 46 (pre-BK):
-- Targeted 11% DC plan
-- Pilot - Pilot Swap Board
-- Bidding for CQ (delayed implementation)
From LOA $51 (BK):
-- $2.1B cash upon exiting BK
-- Requirement to remove 6 seats from all 76-seat jets if Troy Kane furloughed
-- Increased PS
-- MPPP distributed to pilots for self-investment
-- Flowback JS
Not that any of these came close to making them "cost-neutral" by any means...
