Originally Posted by kersplatt

I agree, MAG pilots knew what they were getting themselves into but also realize that we work for a company for different reasons. Some want to skip the CFI ordeal, spend $20K in Farmington, NM and sit in the right seat of a shiny jet at 300 hours. Others work at a crap company because they are based in their hometown and want to see their family as much as possible. Sometimes that is more cost/time effective than commuting and having a crash pad.

Why would a struggling company try to cancel an agreement that was in their interest to defer the payment? Even if they were going to file Ch. 11/7, it doesn't make sense.