Originally Posted by
DirkDiggler9999
In the current predicament, operational performance needs to be perfect all the time. Time is running out. NK needs to show creditors and any potential buyers that it can be a stellar performing company. That has not happened over the last two weeks when it needs to happen. Nobody has made a move to buy and performance has not been good overall. These are two things that the next DIP payment requires. Crossing fingers that NK will survive the next 30 days.
Unfortunately time ran out a long time ago… too many will just continue to cash out sick time before they leave anyway. This is the final nail in the coffin. All the reserves that toed the line in years past are all gone. Of the people left planning to “ride it out” many are close to retirement, use NK as some kind of part time gig, extremely low time, or are people who have cheated the system for years and want to keep doing it. Not the ideal workforce from a management perspective. ALPA still seems like they are in screw the company mode which won’t help. Every week more and more are gone. This problem is only getting worse as legacy hiring picks up again at a massive pace.