Originally Posted by
sailingfun
They will do everything possible to avoid filing chapter 11. They lose control of the company when they file and almost all their compensation plan becomes worthless. The contract is amendable. They have lots of options that involve far less pain.
Are we being released by the National Mediation Board any time soon? We still have mediation, arbitration, and a Presidential Emergency Board, before anything happens. For that matter ALPA has lots of “options” too but I don’t think either side is ready to start a second front in the war. I don’t think anything is a happening anytime soon.