Originally Posted by
longhauler
Never underestimate what will be done, AA got an 1113 why not RAH, SAH, 1113.
UAL spun off there FF program understated the value and that was not found out until after the BK was finished.
NWA spun off NW cargo to go into BK. They then were paid out the value of the Continental Golden shares which they loaned DL to establish the merger between DAL and NWA.
BK was established to protect the business and with a flock of young imaginative MBA + JD's to create the correct business model, watch out.
AA's 1113 had actual IMPROVEMENTS in many contractual areas like pay, but concessions in others. The fact is that without pilots (the root of his principle problem right now), RAH is toast and anything he does to tip over that apple cart leaves him with no fruit to sell. It's not about what he does with BK, but about how he handles his pilots during that, if he does.