Originally Posted by
XHooker
Joe, at the EWR roadshow the ALPA lawyer said passing the contract wouldn’t guarantee staying out of BK, but not passing C ‘05 would make BK likely. Much as we’d like to put it on IAH scabs, they were far from alone in pushing the contract. It was being pushed by our counsel from ALPAN as well.
I was at that roadshow and I still call BS. If it was so imminent, why was it NEVER mentioned by ANYONE else- especially in the financial community? The previous imminent bankruptcy, when Bethune took over, was splashed all over every newspaper and business magazine for weeks and months.
Without the IAH scab reps and Panarello, this thing would have had a much harder time coming to fruition. Since GUM and CLE, as well as the FI’s, usually voted in lockstep with the IAH scab contingent- it was game over.