Originally Posted by
fosters
At the major level, absolutely. At the regional contract level, not so much. Well it's not that one companies management is at a disadvantage, it's really that the regional pilots are more disadvantaged as a whole, what with all these alter-ego carriers, whipsaw, and what not. (IMO of course)
Of course there are. But there are also laws that lean toward labors side as well, which your second sentence touches on.
Whoever has the purse strings has the distinct advantage believe me. Look how amazingly the Holding companies were in the black while the airline itself was bankrupt with many of the latest cases. The Airline is the catalyst for the money, and the holding companies siphon away the $$ so when it is time to talk to labor, "Sorry we're broke."
Did you see the list of creditors for the NWA bankruptsy, I think the holding company owned nearly all of them. They were in hawk to themselves
They reissued the stock to themselves. Crazy, who has the advantage?