Originally Posted by
JamesBond
I say this with all sincerity. I hope your version of ALPA never 'gives' the company 46% of your pay, only to then have the company come back in bankruptcy and take more. As it currently stands, you can't remotely relate to what that was like.
I went through two bankruptcies, the key is to never ever give any concessions prior to an 1113c filing, that mistake can never be made again. Those are permanent pay resets, whereas bankruptcy concessions can mostly be recovered.