Originally Posted by
madmax757
But then don’t the assets
go to the highest bidder ? All the big 3 could would outbid F9 if they just want planes. I believe the landscape has changed and they would have to take pilots
per ALPA merger / acquisition policies.
My understanding is that most of the aircraft are leased. If so, they would simply go back to the lessor. Legacies would then likely compete to lease or purchase only those aircraft without engine issues, but that wouldn't trigger any type of benefit for the employees. They'd also compete for future delivery slots. Airport slots go back to the controlling entity and then reallocated as they see fit. The creditors get the goldmine, the employees get the shaft. This of course assumes CH 7 rather than CH 11.