Originally Posted by
Flytolive
Really? Fedex still has a pension, suffered very little contractual degradation and they are and were ALPA. The IPA fared similarly well too. Why? Cargo pays.
NWA (ALPA) pilots have a frozen A plan just like the APA. Why? Those airlines had more cash in BK.
CAL (ALPA) pilots have a frozen A plan because they didn't have a post 9/11 BK.
So the problem is not ALPA, it is the financial health of the individual corporations.
So I will ask again, please cite examples of contractual firewalls that non-ALPA unions used to withstand 9/11 and Chapter 11 challenges. We're all ears.
APA? yeah they have a frozen A plan....but you forgot about the other part. half a story, is no story.
CAL? well, they had their bankruptcy pre 9/11. twice if my memory serves. I guess alpa national missed those press releases.
fedex? are you seriously claiming alpa credit for their retirement footprint?
Of course even as the history of EAL/WAL/PAA was being absorbed, dalpa operatives were apparently as equally oblivious as national.
the industry record of airline bankruptcies is inarguable, and the record of afl-cio labor group employers who sought reorganization is even more substantial.
yet since the 1973 pbgc legislation, there was virtually no effort on the part alpa to mitigate the economic damage from what became the accepted if not preferred mechanism by corporate operatives to shed maturing, and ever more expensive employee pension obligations. bankruptcy court.
do you have any idea what the first piece of paper delta management put on the judges desk, the morning after the day they filed the reorganization case?
and even though there are still alpa pilot groups with DB plans, can you cite a single effort, let alone an accomplishment, that would help insulate them, from the same fate as those who have already been through reorganization?