Originally Posted by
AlaskaBound
No but what the court can do is approve consessionary contracts that pay pilots/flight attendants/mechanics less. I doubt that UAL or AA will pay more. Especially if AA or UAL don't see any attempts to lower your labor costs. They will say everyone needs to get kicked in the shins.
It is actually looking more and more likely that the contracts will not be touched. In a filing this week by the committee that is made up of UA, AA, GE Capitol and a few others (in a petition against Seaburys Fee's), the committee reaffirmed that there is no interest in going after any of the CBA's. In fact, they used that as a reference as to why this Bankruptcy is more straight forward than those in the past, and Seabury shouldn't be asking for the moon because of it.
While anything can happen in BK, it looks like even the creditors committee has no interest in touching the CBA.
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