Originally Posted by AxlF16

You know how this works right?

1) Voluntary pay cuts to save the company (pilots take a larger % since we're leaders) in exchange for a promise (no involuntary furloughs I suppose),
2) Promises will be broken and furloughs will begin anyway,
3) Mgmt will come back asking for more cuts (all employee groups will claim the pilots are bankrupting the company) claiming that we may have to liquidate in XX days,
4) Maybe a BK filing if financials dire enough or strategic value of reducing labor costs outweigh risk of BK (unlikely IMO unless we previously agreed to trade $ for UAL stock),
5) Economy improves and profits return to UAL,
6) Shareholders see big gains and Mgmt rewards themselves for saving the company,
7) Mgmt reminds labor groups that "A contract is a contract".

Ask me how i know...

There are 2 things that are as certain as sunrise and death. First, Pilots can NOT save this company even if we worked for free. Second, any voluntary reduction in compensation only lowers the starting point for the eventual INvoluntary reductions.

For now I will trust my union and pay close attention to their communications.

I forgot 1 addition thing that I know for sure. This pilot group will do everything we can to take care of EVERY United pilot. Good luck to us all!