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Old 09-09-2020 | 02:22 PM
  #132  
AirbusPTC
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Originally Posted by Chuck D
Love the instant "no" vote crowd. Nothing to even consider for a week. Yet whatever it is, it's a "no".
I'm just curious why anyone would trust management knowing full well the items in this TA will be abrogated the second the company enters BK? There is a real possibility that American will declare BK sometime in the next year and other airlines will follow. Once in BK the company will claim "Force Majeure", it's just a tool to them. They will be free to lower pay, benefits and furlough as they see fit, with no regard to what is written in the TA. Might as well enter bankruptcy with the contract at "full-value", taking any reductions from that level, as opposed to how it was done the last time. Just a thought.
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