Judge says AMR can toss pilot contract
09-13-2012, 09:55 AM
#51
Gets Weekends Off
Joined APC: Dec 2008
Position: Cub Cap
Posts: 175
Originally Posted by cactusmike
The crappy part besides the gutting of your work rules is the implementation of more code sharing. Once those larger RJ contracts are signed it will be very difficult to get rid of them. If Horton signs these deals soon and he is subsequently removed then he will have handcuffed AMR to deals a successor management may not want.
Anything Horton signs in bankruptcy, requires the court's approval and is not worth much in any case. The new owner simply has to have a contingency that they do not accept those contracts. The judge will take care of it for them, if that will get it out of his court. So, who would sign a deal with Horton knowing it would mean labor unrest and is really not enforceable?
Nothing signed in bankruptcy is permanent, not until they exit and the judge is no longer in charge. That includes labor contracts.
Baron
09-13-2012, 08:04 PM
#53
Gets Weekends Off
Joined APC: May 2005
Position: B777/CA retired
Posts: 1,482
Originally Posted by aa73
FYI, I am re-reading "Hard Landing" for the umpteenth time. Gee, what a coincidence, I'm on the chapter where Lorenzo puts CAL in BK in 1983 just to void the contracts... first such move in the airline industry ever. I tell you, the similarities between then and today's AMR BK are shockingly similar, including Lorenzo's term sheet.
Guess who Lorenzo hired for his BK attorney? Harvey Miller - same attorney AMR is using.
Guess who CAL's spokesperson was in 1983? Bruce Hicks - AMR's spokesperson today.
Dear AMR, have fun rebuilding The New AA repeating history.
"I Love the smell of Napalm in the morning..."
Guess who Lorenzo hired for his BK attorney? Harvey Miller - same attorney AMR is using.
Guess who CAL's spokesperson was in 1983? Bruce Hicks - AMR's spokesperson today.
Dear AMR, have fun rebuilding The New AA repeating history.
"I Love the smell of Napalm in the morning..."
It's all sheer coincidence.
"Nothing to see here, just move along"
My question is did not the UCC say that they needed a voluntary labor agreement from the pilots ( and other labor groups) before they would sign off on the CH11 exit? So why would Horton take an axe to the Green Book when he needed a scalpel?
09-13-2012, 09:05 PM
#54
Gets Weekends Off
Joined APC: Feb 2006
Position: 767A (Ret)
Posts: 6,248
Originally Posted by cactusmike
My question is did not the UCC say that they needed a voluntary labor agreement from the pilots ( and other labor groups) before they would sign off on the CH11 exit? So why would Horton take an axe to the Green Book when he needed a scalpel?
1. He thinks the UCC is bluffing; that they want to see a voluntary agreement, but will eventually ratify the exit without one.
or
2. He thinks the pilots will cave, thus satisfying the UCC and allowing an exit.
or
3. He is staking out an extreme position, from which he can later back off, and thereby claim to be reasonable.
09-14-2012, 02:51 AM
#55
Banned
Joined APC: Jun 2008
Posts: 8,350
The question is, will Tom stay too long at the table try to beat the other players should the game change not in his favor ?
Not a whole lot of time left in this game as soon, some of the other players may invite a shark who has been circling the table to sit down and play. Even if they don't, in 8 months many of the players will have to leave the game and a new dealer takes over and then it becomes a completely different game.
The pilots plan to bet little, conserve their chips and wait for that different game, if necessary. Tom's stack of chips will be WAY down next summer, if he's still a player then.
Not a whole lot of time left in this game as soon, some of the other players may invite a shark who has been circling the table to sit down and play. Even if they don't, in 8 months many of the players will have to leave the game and a new dealer takes over and then it becomes a completely different game.
The pilots plan to bet little, conserve their chips and wait for that different game, if necessary. Tom's stack of chips will be WAY down next summer, if he's still a player then.
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