Originally Posted by
cadetdrivr
I’m sure you are also including the outsourced staffing agencies (aka “regional airlines”) in that analysis? After all, in a bankruptcy the suppliers always get squeezed hard. One would think there’d be a ton of opportunities to rationalize the feeders by eliminating duplication, resizing, and cutting employment expenses. The possibilities are nearly endless.
There are more than a few risks to management involved with BK as well.
For a pilot perspective, if any of the majors file BK then we will ALL suffer. I think we learned this lesson before? Don't underestimate the massive downward pressure one airlines restructured pilot contract will put on the rest of us. FWIW, I don't think we can prevent the company from pulling the BK trigger since there are many other considerations at play....but I don't think we should be cavalier about it either.