Old 10-25-2016 | 04:34 AM
  #9  
sailingfun
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Originally Posted by DALFA
That's because Delta, NWA, and United all filed for bankruptcy 10-12 years ago and essentially had contract terms imposed on them by a bankruptcy judge. American pilot agreed to cuts, but not as steep as those taken by the pilots at carriers who filed for bankruptcy protection.
The American pilots agreed to those cuts early in the economic downturn before anyone filled chapter 11. That allowed AMR to preserve large amounts of cash. That was widely criticized by other unions but in the end turned out to be smart.
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