Originally Posted by
DH2time
Make no mistake about it IMO if this TA fails in 18 months United will be in court. They will not be financially viable moving forward. Call up your financial analyst and ask about his/her take on investing in United. Ask questions, ask about financials moving forward, ask about debt obligations. Or do it yourself, personally I get a high off SEC filings and enjoy the read but that’s a prior life.
To wrap up this way too long post, one is making a choice of a guaranteed court date or giving the company and some pilots a shot at making it to the other side.
One thing history has taught us, and something we all need to keep in mind, is that nothing the pilots do will have any affect on whether UAL goes into bankruptcy. This agreement, from a court point of view, is a blip.
Employees cannot save a company from a pandemic, let alone decades of mismanagement. Nothing we do now will affect that.
I cannot stress this enough, what we are doing now, is positioning the company for the possible recovery! Will management thank us in the end if it works? Doubtful. Will Scott give us a contract post recovery? Probably not.
It's a hard pill to swallow, but whether you vote yes or no, won't make much of a difference in court. Quality of life? Yes. If you can pay the mortgage? Yes. It's very personal to us, not to Scott.