Originally Posted by
BobSacamano
except that forced concessions at NK could well coincide with a larger turning of the tide. Cargo isn’t hiring. DAL is slowing hiring. WN has apparently stopped for the time being, as has F9.
Of course this makes sense because of the crazy wage gains in the last year. From fat to starving overnight is the industry’s M.O.
Is there a mechanism to force concessions outside bankruptcy? I know management can get a judge to impose them in bankruptcy.