Originally Posted by
Twr199
The benefit is to get out of the AA flying and rip up the the contract to their benefit.
Bankruptcy courts extremely rarely let management groups abrogate contracts and impose arbitrary pay rates. Mesa tried in our Bankruptcy in 2010 and the court said no. Mesa even tried to claim Force Majeure and it didn’t work. There has only been one airline contract abrogated in bankruptcy in the last 30+ years (AA in 2012) and in that time very few present carriers didn’t file…some more than once.