Originally Posted by
TheManager
Not so fast there alfa. UALPA did not have the fortunate luck that DALPA did. Here at Delta we had Uncle Doug bidding on our airline as he was trying (another term for rooster) block the emerging deal with NWA. The good , the bad and the ugly of his actions were this.
Good...His bid significantly increased the value of the notes/claim. We got mo' $$$ because of this and this alone.
Bad...for him his bid failed. Good for us though.
Ugly...would have been lumped all up in the east/west mess.
Just wanted to make sure alfa that you included alllll the history in your version of events as well.
Later.
At least you agree with the statement that they will never recover the money that we did. The central assertion was that if we just went into bankruptcy with our full contract, then things would have turned out better. I pointed out that that did not happen in the case of United and at least you seem to agree with that.
The majority of our claim was sold AFTER Parker's bid was rejected by the UCC. I do think it's funny that when events turn against us, it's all ALPA's fault, but when we succeed it's only luck. In your book, there is no way for us to ever succeed. It wasn't luck that we got such a large claim, it wasn't luck that we gave pilots enough information that the bulk of them decided to pre-sell their claim, it wasn't luck that we purposely tried to help the company come out of bankruptcy with a positive story about rebuilding employee relations. We did all of those things with a single purpose and that was to add value to our bankruptcy claim and get money into pilots' hands sooner rather than later. Sometimes you make your luck.