Originally Posted by
Hedley
Because that is money that has to be paid back with interest. If a business takes out a line of credit, the money is there, but it is only used as a last resort. We aren’t in a rush to save the company. The rush from the union is the idea of preventing or reducing furloughs that are less than a month away. The company is in a rush to slow or stop the bleeding by any means necessary.
I got news for ya, UAL is going to be a significantly smaller company, in fact corporate management has been very clear on that. It's going to be a smaller company with full size company debt. I'll read the AIP, but how they expect to put a bandaid on a gaping wound and not reduce headcount, that may well be the greatest ALPA sales job of my career. Or the greatest triumph. I guess we'll see, but if history serves.....