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Old 05-27-2018, 07:15 AM   #14  
Gets Weekends Off
Joined APC: Apr 2007
Posts: 1,142

Originally Posted by Checkraise View Post
ATSG funds ABX retirement. Dissolving ABX would not require a total payout of retirement. That said, I think this rumor is either complete baloney or a negotiating tactic.
It could if the majority of the crewmembers all took retirement...also since Amazon owns a portion of ATSG they also are responsible for an amount equal to their portion. That said, I say again it could bury ATSG. The retirement is also underfunded so that has implications. Alot comes into play if ATSG lets ABX wither away. The PBGC has directly tied aircraft as available assets to ABX retirement. It is not cut and dried. I do agree with it being complete baloney though.
nitefr8dog is offline