Originally Posted by
Thunder1
No one has yet answered my simple question....in the event AA declares bankruptcy do the obligations for paying these early retirees become like most other obligations, ie. unsecured creditors and they go to the back of the line to get paid, if ever.
With AA debt load that would be a huge factor for me. It is also why I asked the question about the option to take it as a lump sum. Take the lump sum $ and run and don't look back if I was 62+
its been answered multiple times.
no one really knows and there hasn’t been an official answer from the company or the union. I’ll say again because I guess you missed it. The pilots are still on the seniority list. If the contract is thrown out in bankruptcy this agreement goes with it. Since they are on the list hopefully they’d be able to return.
You aren’t going to get a definitive answer because there isn’t one at this point.