Question for AA73 and 7576FO
03-18-2009, 02:24 PM
#111
Banned
Joined APC: Jun 2008
Posts: 8,350
Originally Posted by Wheels up
AMR can get 70 seaters, but they'll have to take it to bankruptcy to get them. They can lose the top 2000 senior captains to lump sum retirements as well. Bring it on.
AMR execs want a bankruptcy contract with labor without the bankruptcy so they can keep their fat bonuses.
No bankruptcy contract without the bankruptcy.
AMR execs want a bankruptcy contract with labor without the bankruptcy so they can keep their fat bonuses.
No bankruptcy contract without the bankruptcy.
Who needs all those high paid senior captains then anyway ?
Come to think of it, who needs the bottom 5000 either ?
Your right though...........it likely WILL take a BK to get more RJ's, but if that's their only alternative, you'll get your wish.
Executive bonuses for the fatcats ?
Ahhh.......well, I hate to be the bearer of bad tidings, but you may want to do some research on UAL's last BK and how the execs there have done. AMR could (and will) do a MUCH better pre-pak with all their favorite ducks holding a nice formation and quacking heartily. In fact, the board (and judge) will be very impressed with their ability to clean up all their profit problems and both will condone a nice financial pat on the back for them.
I wish it weren't so, but it appears to be inevitable and the only variables right now are timing and a trigger. AMR is stalling so the trigger is pulled (by guess who ?) at (as Jack Sparrow says) the "opportune moment".
