Originally Posted by
Slick111
Side point: Bankruptcy would allow RAH to void *ALL* of their contracts, (not just its pilot contract). They will also be able to renegotiate higher-paying CPA's with Delta, AA, and United putting themselves in a much stronger financial position going forward.
And why do you assume UA, AA, and DL will be willing to pay more?
Now we are into the root of the problem - the Big 3s obsession with low pilot costs and cheap cheap feed.
The bottom line is Bedford overplayed his hand, the pilots called the bluff.