Originally Posted by
RemoveB4flght
You're right… part of Chapter 11 allowed the airline to use its employees as a subsidy, by allowing it to reject current collective bargaining agreements and forcing pay/benefit cuts. It's also allowed them to cash in on the insurance and leave pensions underfunded by billions, again at your expense.
All this happened before Etihad was even formed.
I'm truly sorry for those who lost big on pay and retirement plans, but this is a cat fight between several large companies. I have no emotional stake in these arguments, my loyalties are to whoever is signing my paychecks.
I get that you see ME3 encroachment on US markets as potential threat to your welfare as an employee, however empirical evidence would show your largest threat being those in your corporate offices shielded by golden parachutes.
Good post. Of course, even if were to disagree as to what is the #1, vs. #2 threat, the reality is that we must deal with
both.