AMR may be sold off
#11
As a DAL pilot, I do NOT want to benefit over AA's troubles!(can't speak for anyone else)
Hope you guys stand strong and preserve as much as you can and come out as strong as possible.
Hope you guys stand strong and preserve as much as you can and come out as strong as possible.
#13
#14
Gets Weekends Off
Joined APC: Jul 2006
Posts: 2,889
Thanks folks... yes, I definitely remember all of the salivating and speculating going on during the past BKs. Outta my control anyway so why get worked up over it? My phone won't be ringing with suggestions on how to proceed, that's for sure.
#16
You can speak for me. I agree wholeheartedly. Here's hoping AA's pilots come out ok in the long run. Good luck guys!
#17
Gets Weekends Off
Joined APC: Feb 2006
Position: C47 PIC/747-400 SIC
Posts: 2,100
#18
Other than that, all my predictions were wrong.
#20
Feeling blessed.
Joined APC: Feb 2005
Position: Was I finally in the right place at the right time?
Posts: 536
This thread has a familiar ring to it. When UAL went into BK plenty of other airline pilots were salivating at the prospect of our demise and getting UAL's LHR slots, Pacific Division, etc. None of which happened, even though UAL was arguably in a weaker financial position than AMR is in now.
AA pilots, don't let it get to you. You can't control much in the process, but you can learn from our mistakes and NOT sign a concessionary BK contract. Make the company get the judge to impose it. You'll be back in Section 6 sooner and you won't have the AMR spokesholes saying aggravating things like "we have consensual agreements in place with all of our unions and we intend to enforce them".
AA pilots, don't let it get to you. You can't control much in the process, but you can learn from our mistakes and NOT sign a concessionary BK contract. Make the company get the judge to impose it. You'll be back in Section 6 sooner and you won't have the AMR spokesholes saying aggravating things like "we have consensual agreements in place with all of our unions and we intend to enforce them".
I don't know of any place recently that's had an 1113(c) abrogation imposed on them. You might end up with something worse! Judge could impose a 10 year contract at USAir-East rates, with little or no retirement and little in the way of work rules. It's a gamble.
Secondly, BK law has never been tested in court. Once out of bankruptcy and released from the judge, what kind of contract are you under? It's not RLA, so can you withhold services without NMB release?
If you got the cajones to do it, good luck. It will take some deep pockets and a lot of time in court fighting it.
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