Originally Posted by
977flyer
But why?
Why would they gut the pilot contract to save money when all that would do is cause everyone to run for the hills and good luck getting a new hire to sign up. They will be gutting something but it won't be the pilot contract.
The creditors committee won't let the largest expense at an airline go unscathed. They are in the business of getting their money out of this process and they don't care if it puts the airline in a bad place with attracting new hires. The management runs the airline to their best abilities after the BK process is complete. It's their mess to clean up. The creditors merely want their money and don't care about the aftermath.