Originally Posted by CincoDeMayo

There will be a lot of educating needed for when we DO file chapter 11 and how the process works with CBAs.

When they do file CH11, and they will…

Pilot will need to educate themselves on US Code section 1113, rejection of collective bargaining agreements. Bottom line is the bankruptcy judge has the ability to “reject a collective bargaining agreement” if they find that ALPA has not accepted a concession agreement without good cause and the numbers show the company needs these concessions to survive financially (simple terms).

So there is a reason every Chapter 11 bankruptcy comes with a concessionary CBA, because the threat of having the CBA tossed out in court is a real risk.

So the chest thumpers make me laugh, concessions will happen once they file, as it always has before.